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Building Information Modelling Market

Building Information Modelling Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released market research report. This report is a guide which covers key strategic developments of the market including new technology launch, collaborations & joint ventures, research & development & regional expansion of major participants involved worldwide.

Building Information Modelling Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released market research report. This report is a guide which covers key strategic developments of the market including new technology launch, collaborations & joint ventures, research & development & regional expansion of major participants involved worldwide.

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Also, increasing government support for the implementation of BIM in various projects have<br />

further driven market growth. For instance, the U.K. government projects that BIM would help<br />

in 20–30 percent reduction in the lifecycle cost of its public-sector assets built after 2016.<br />

Resistance to Change is the major hindering factor in the growth of the market<br />

Complexity in operation and lack of trained professionals to operate the software with the<br />

required proficiency, and the possibility of mishandling that may lead to loss of time and cost<br />

are among the other substantial factors that will continue to hinder the industry growth<br />

prospects. Furthermore, lack of BIM standards and low consumer awareness are also negatively<br />

impacting growth of the market.<br />

Global <strong>Building</strong> <strong>Information</strong> <strong>Modelling</strong> (BIM) <strong>Market</strong>: Taxonomy<br />

On the basis of offering, the global building information modeling market is segmented into:<br />

<br />

<br />

Software<br />

Service<br />

On the basis of the project type, the global building information modeling market is segmented<br />

into:<br />

<br />

<br />

<br />

Pre-Construction<br />

Construction<br />

Other<br />

On the basis of vertical, the global building information modeling market is segmented into:<br />

<br />

<br />

<br />

<br />

<br />

<br />

Commercial<br />

Residential<br />

Infrastructure<br />

Institutional<br />

Industrial<br />

Others<br />

Global building information modeling - Regional Insight

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