Press release
BIM in Construction Market Worth $7,536.0 Million by 2027 | Autodesk Inc., AVEVA Group, Bentley Systems, Hexagon AB, NEMETSCHEK, Oracle Corporation
According to a new report published by Allied Market Research, titled, “BIM in Construction Market by Phase of Work, End User, Application and Deployment Model: Opportunity Analysis and Industry Forecast, 2020–2027,” The global BIM in construction market size was valued at $2.5 billion in 2019, and is expected to reach $7.5 billion in 2027, growing at a CAGR of 15.0% from 2020 to 2027.
Download Sample Report (Get Full Insights in PDF - 225 Pages) @ https://www.alliedmarketresearch.com/request-sample/10655
Use of Building Information Modeling (BIM) has created new opportunities for the construction industry to overcome the drawbacks caused by mismanagement and inadequate planning of projects. BIM has gained major importance in execution of large-scale projects. Further, BIM also offers data transparency within planners, executioners, stakeholders, and project managers to inspect over the construction projects for any short comings and risks. Use of BIM not only optimizes project duration but also manages the resources utilized for the project, which saves over-costing and wastage of resources.
Reduction in construction costs and decrease in wastage of resources and time in construction projects are driving the demand for BIM, which, in turn, boosts the growth of the global BIM in construction market. Construction projects include various activities, which are not managed properly, thereby causing the risks of over budgeting and completion delays. Use of BIM assists in managing and estimating the quantities of resources, which reduces the costs incurred on wastage of resources. Moreover, the introduction of BIM in prefabricated or modular construction is also expected to drive the BIM in construction market growth.
Competition Analysis
The key market players profiled in the report include Autodesk Inc., AVEVA Group, Bentley Systems, Hexagon AB, NEMETSCHEK, Oracle Corporation,Procore Technologies, Inc., Trimble, Inc., Vectorworks, Inc., and Vizerra SA.
Request for Custom Report @ https://www.alliedmarketresearch.com/request-for-customization/10655
Key Market Segments
By Phase Of Work
Construction
Operation
By End User
Engineers
Contractors
By Application
Residential
Non-residential
By Deployment Model
Cloud-based
On-premise
By Region
North America
Europe
Asia-Pacific
LAMEA
Speak to Our Expert Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/10655
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
Download Sample Report (Get Full Insights in PDF - 225 Pages) @ https://www.alliedmarketresearch.com/request-sample/10655
Use of Building Information Modeling (BIM) has created new opportunities for the construction industry to overcome the drawbacks caused by mismanagement and inadequate planning of projects. BIM has gained major importance in execution of large-scale projects. Further, BIM also offers data transparency within planners, executioners, stakeholders, and project managers to inspect over the construction projects for any short comings and risks. Use of BIM not only optimizes project duration but also manages the resources utilized for the project, which saves over-costing and wastage of resources.
Reduction in construction costs and decrease in wastage of resources and time in construction projects are driving the demand for BIM, which, in turn, boosts the growth of the global BIM in construction market. Construction projects include various activities, which are not managed properly, thereby causing the risks of over budgeting and completion delays. Use of BIM assists in managing and estimating the quantities of resources, which reduces the costs incurred on wastage of resources. Moreover, the introduction of BIM in prefabricated or modular construction is also expected to drive the BIM in construction market growth.
Competition Analysis
The key market players profiled in the report include Autodesk Inc., AVEVA Group, Bentley Systems, Hexagon AB, NEMETSCHEK, Oracle Corporation,Procore Technologies, Inc., Trimble, Inc., Vectorworks, Inc., and Vizerra SA.
Request for Custom Report @ https://www.alliedmarketresearch.com/request-for-customization/10655
Key Market Segments
By Phase Of Work
Construction
Operation
By End User
Engineers
Contractors
By Application
Residential
Non-residential
By Deployment Model
Cloud-based
On-premise
By Region
North America
Europe
Asia-Pacific
LAMEA
Speak to Our Expert Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/10655
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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