Building Type (Residential, Public Infrastructure, Commercial)
The global building information modeling market is segmented and analyzed for demand and supply by building type into Residential, Public Infrastructure, Commercial, and Others. Out of all building types, the commercial segment is anticipated to hold the largest market size during the forecast period. Commercial enterprises have been one of the most prominent BIM application bases. Predicting and analytics technical advancements, as well as improved consumer awareness, are expected to be the key growth drivers in this market. BIM software is widely used in the development of smart cities and smart offices throughout the globe. While each region builds for the future, smart towns and smart buildings gain traction, growing reliance on BIM software for improved productivity. With rising construction activity around the world, the commercial segment is likely to expand during the forecast time frame. As of 2023, there are 63,053 Commercial Building Construction enterprises in the United States.
End-user (Architects, Engineers, Builders & Contractors, Construction Managers)
The global building information modeling market is also segmented and analyzed for demand and supply by end-user into Architects, Engineers, Builders & Contractors, Construction Managers, and Others. Amongst the two segments, the modified builders & contractors segment is expected to garner significant market revenue over the forecast period. The builders and contractors segment is predicted to increase rapidly during the projection period, as the software assists in lowering building costs through real-time information. Builders can improve the project's execution by gathering information ahead of time. Builders and contractors are interested in cutting-edge technologies that can improve the quality of construction. These factors are expected to fuel the segment's growth over the upcoming decades.
Our in-depth analysis of the global market includes the following segments:
By Building Type |
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By Project Phase |
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By Application |
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By End-User |
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Author Credits: Abhishek Verma
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