According to a market report by Lucintel, the future of the building information modeling (BIM) market looks promising with opportunities in the building, civil infrastructure, oil and gas, industrial, and utility industries. The building information modeling (BIM) market is expected to grow with a CAGR of 15% from 2019 to 2024. The major drivers for this market are growing demand for green buildings. This technology also optimizes project performance, productivity and enhances the communication and coordination throughout the asset lifecycle management process.
In this market, software, services, project management support, software support and maintenance are the major types. Within the building information modeling (BIM) market, buildings, civil infrastructure, oil and gas, industrial, and utilities are the major end use industries.
Autodesk, Nemetschek, Trimble Navigation, Bentley Systems, Dassault Systèmes, Integraph, ENGworks, Operation Technology(Etap), Topcon, and Asite are among the major suppliers in the building information modeling (BIM) market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the building information modeling (BIM) market by offering, end use industry, project life cycle, and region. Lucintel has prepared a comprehensive research report entitled “Building Information Modeling (BIM) Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the building information modeling (BIM) market by offering, end use industry, project life cycle, and region as follows:
By Offering [$M shipment analysis for 2013 – 2024]:
• Software
o Architectural Design
o Construction
o Sustainability
o Structures
o Mechanical, Electrical, and Plumbing (MEP)
o Facility Management
• Services
• Project Management Support
• Software Support and Maintenance
By Project Life cycle [$M shipment analysis for 2013 – 2024]:
• Pre-Construction
• Construction
• Operation
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Buildings
• Civil Infrastructure
• Oil & Gas
• Industrial
• Utilities
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy

• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
Q.1 What are some of the most promising potential, high-growth opportunities for the building information modeling (BIM) market by offering (software, services, project management support, and software support and maintenance), project life cycle (pre-construction, construction, and operation), end use industry (buildings, civil infrastructure, oil & gas, industrial, utilities, and others), and region (North America, Europe, APAC, and ROW) ?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the building information modeling (BIM) market?
Q.5 What are the business risks and threats to the building information modeling (BIM) market?
Q.6 What are emerging trends in this building information modeling (BIM) market and the reasons behind them?
Q.7 What are some changing demands of customers in the building information modeling (BIM) market?
Q.8 What are the new developments in the building information modeling (BIM) market? Which companies are leading these developments?
Q.9 Who are the major players in this building information modeling (BIM) market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this building Information Modeling (BIM) area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, building information modeling (BIM) market?