DUBLIN — (BUSINESS WIRE) — November 18, 2022 — The "BIM Software Market Report - Market Drivers, Trends, Share, Size, Growth, Opportunity and Forecast 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The latest forecast is that BIM will continue with double-digit growth of CAGR of 11.2% (2021-2026) to reach a global market size of $25.1 billion by 2026. The market is resilient against economic downturns, but this varies by product, country, and industry.
BIM software growth potential based on relevant employment trends remains positive. With a proliferation of roles employed in the construction industry, the potential opportunity for growth is clear for BIM providers to deliver engineering and project management tools that will drive productivity improvements in the sector. It should be noted that AEC Design software growth continues to outpace construction GDP growth, which shows that improved functionality and new features are leading to ever-higher software spending per user.
Significantly, all key providers have established Design offerings, but their Construct software is increasingly growing within their software mix. Autodesk is the most significant player in the BIM Design space and generates more revenue than the other top four providers combined. Bentley offers the most complete Operate package. Importantly, it is in the tail of the market where we see the largest presence here, typically made up of much smaller providers in this relatively unsaturated BIM segment.
AMER region remains the largest BIM software market, closely followed by EMEA in 2021. However, by 2026 the disparity between the two regions has widened. While AMER displays double-digit growth, EMEA must settle for high single-digit growth from 2024 onwards. APAC remains the smallest segment to 2026. However, it is catching the competition.
This focused report is intended to provide a high-level assessment of one of the most attractive, fast-developing segments of the Engineering Software market where opportunities for lucrative growth via new market development, potential acquisition, and partnering are becoming a characteristic of the segment.
Report Objectives
- BIM software market overview for better plans & strategies and to align internal resources, capabilities, and product planning.
- Potential software users' analysis for establishing addressable market perspective.
- Understand BIM software market competitive landscape.
- Capture the main trends and market drivers.
- Forecast market growth by segment, region, and key players to derive targets for sales and marketing initiatives.
- Create a starting point for detailed investigations of one or more market segments or country markets.
- Understand the impact of currency fluctuation on the technical software markets.
Key Topics Covered:
- About the analyst
- Report objectives
- Source
- Scope
- BIM Design phase
- BIM Construct phase
- BIM Operate phase
- The analyst's provider/product software coverage
- Geographic coverage
- Executive summary
- Global BIM software market overview
- Global BIM Software market size and growth
- BIM software market SWOT Analysis
- BIM software market drivers
- Currency effect - BIM software revenue growths by currency
- Conflict in Ukraine and its impact on the BIM software market
- Economic influences on the BIM software market
- AEC industry spend intensity and market size
- Potential software users / BIM related employment
- Worldwide AEC employment breakdown
- Construction industry employment
- Construction industry employment in US, Germany, France, UK, China and India
- Architecture & Engineering services employment
- Architecture & Engineering services employment in US, Germany, France, UK, China and India
- Software revenue by region EMEA, APAC, AMER
- Single year vs. 5-year outlook by selected regions
- AMER, EMEA, APAC regions revenue, revenue growth and CAGR
- BIM software market share by top 3 countries in EMEA, APAC, AMER
- Market performance by BIM Design, Construct and Operate phases
- Global BIM software revenue by BIM phase in 2021
- Global BIM software revenue growth by BIM phase
- Design, Construct and Operate phases revenue and CAGR
- Top 5 players and their revenue by BIM phase
- Global BIM Design software revenue and growth by segment
- Competitive landscape
- Key market players and the rest of the market revenues in BIM Construct, Design and Operate
- BIM software players market share in 2021
- Key market players and the rest of the market revenues growths
- Autodesk BIM software market size, share and growth forecast
- Bentley BIM software market size, share and growth forecast
- Hexagon BIM software market size, share and growth forecast
- Nemetschek BIM software market size, share and growth forecast
- Trimble BIM software market size, share and growth forecast
- Mergers & Acquisitions (M&A) in 2021
- BIM Observatory
- Methodology
- Policies & options
Companies Mentioned
- Assetworks
- Autodesk
- Autodesk?
- Bentley
- Hexagon
- MRI
- Nemetschek
- Newforma
- Planon
- Procore
- SpaceIQ
- thinkproject
- Trimble
For more information about this report visit https://www.researchandmarkets.com/r/z2q3v8
View source version on businesswire.com: https://www.businesswire.com/news/home/20221118005208/en/
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