Global Building Information Modeling (BIM) Market Analysis Report 2022-2027: Growing Focus of Organizations on Introducing New Standards Such as ISO 19650 in BIM Market - ResearchAndMarkets.com

The "Global Building Information Modeling Market (BIM) (2022-2027) by Offering Type, Applications, End-User, Deployment Type, Project Life Cycle, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Building Information Modeling Market (BIM) is estimated to be USD 11.98 Bn in 2022 and is projected to reach USD 25.69 Bn by 2027, growing at a CAGR of 16.48%.

Market dynamics are forces that impact the prices and behaviors of the Global Building Information Modeling Market (BIM) stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service.

Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories.

Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Building Information Modeling Market (BIM). Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company.

The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Building Information Modeling Market (BIM) using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Market Segmentations

• By Offering Type, the market is classified into Software and Services.
• By Applications, the market is classified into Buildings, Industrial, Civil Infrastructure, Oil & Gas, Utilities, and Others.
• By End-User, the market is classified into AEC Professionals, Consultants And Facility Managers, and Others.
• By Deployment Type, the market is classified into On Premises and Cloud.
• By Project Life Cycle, the market is classified into Preconstruction, Construction, and Operation.

Market Dynamics

Drivers

• Rapid Rise in Urbanization Globally
• Wide-Ranging Benefits of BIM Realized by AEC Industry
• Growing Government Initiatives for Adoption of BIM

Restraints

• High Initial Cost of BIM

Opportunities

• Rising Trend of IoT in Construction Sector
• Growing Focus of Organizations on Introducing New Standards Such as ISO 19650 in BIM Market

Challenges

• Low Level of Digitization in Construction Industry

Company Profiles

• 4M Company
• Acca Software
• Arcadiasoft
• Asite Solutions
• Autodesk Inc
• Aveva Group plc
• Beck Technology
• Bentley Systems Inc
• CCT International
• Computers And Structures Inc
• Concora
• Dassault Systemes
• Hexagon
• Nemetschek
• Pentagon Solution Ltd
• Poyry (AFRY)
• Procore Technologies
• Robert McNeel & Associates
• Trimble Ltd

For more information about this report visit https://www.researchandmarkets.com/r/6lkoj6

View source version on businesswire.com: https://www.businesswire.com/news/home/20220922005789/en/