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Building Information Modeling Market (Software, Services) is Projected to Grow at a CAGR of 16.72% Forecast to 2020 - New Report by MarketsandMarkets
[October 21, 2014]

Building Information Modeling Market (Software, Services) is Projected to Grow at a CAGR of 16.72% Forecast to 2020 - New Report by MarketsandMarkets


(PR Web Via Acquire Media NewsEdge) (PRWEB) October 21, 2014 The report, "Building Information Modeling Market by Types (Software, Services), Applications (Commercial, Residential, Educational, Industrial, Healthcare, Entertainment, and Sports) and by Geography - Analysis and Forecast 2013 – 2020, defines and segments the global Building Information Modeling Market into various sub segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints, and opportunities impacting it along with the adoption trends.



Browse 111 market data Tables and 80 Figures spread through 230 Pages and in-depth TOC on" building information modeling market.

Speak to an analyst at http://www.marketsandmarkets.com/speaktoanalyst.asp?id=95037387 Early buyers will receive 10% customization on this report.


Building information modeling is a process used for designing and managing projects throughout the project life cycle. The overall value chain of the building information modeling market is closely interlinked with the traditional construction processes' value chain and has been expanding rapidly and shaping into a strong, well-connected chain over the past few years. Several new product developments and models have come up, owing to the application potential of building information modeling in various applications.

The Building Information Modeling Market is certainly a fragmented one, for the BIM process has found uses in major fields, such as commercial, residential, educational, and healthcare. The industrial field offers a huge potential for BIM to grow, especially due to the advanced and suitable features offered by the BIM process over the other ones. Commercial is the primary field responsible for the commercial birth of building information modeling on a large scale, while the healthcare field is still an emerging market, offering higher chances for the BIM process to penetrate.

The report segments the building information modeling (BIM) market on the basis of types of different end-users, types, applications, and geographies. Furthermore, it contains revenue forecasting and analyses trends in the market.

Get the copy of Report at http://www.marketsandmarkets.com/Market-Reports/building-information-modeling-market-95037387.html The geographic analysis contains an in-depth classification for North America, Europe, and APAC, which contains major countries covering the market. The Middle-East and Africa have been classified under RoW. Each of these geographies has been further split by the major countries existing in this market. The sections and sub-segments in the report contain drivers, restraints, opportunities, current market trends, and the technology expected to revolutionize the building information modeling (BIM) domain.

This report describes the market trends, drivers, and challenges of the building information modeling market and forecasts the market by 2020, based on end-users, types, applications, and geography. It covers the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented roadmaps till 2020 and a detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis along with individual market values. It covers geographies such as North America, Europe, APAC, and Row (Rest of the World).

The Building Information Modeling Market is expected to grow from a market share of $2640.12 Million in 2013 to $8646.47 Million by 2020 at a CAGR of 16.72%. This market is growing rapidly in many segments and applications with some of the fast growth applications likely to double by 2020 in terms of market shares. Newer applications and uses are continuously being devised for this technology, which will further propel the market growth in the coming five years. This growth is expected due to the growing industrial sector for the building information modeling market.

Inquiry before Buying at http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=95037387 Players involved in the development of Building Information Modeling Market include Archidata Inc. (Canada), Asite Solutions Pvt. Ltd. (U.K.), Autodesk, Inc. (U.S.), Beck Technology Ltd. (U.S.), Bentley Systems, Inc.(U.S.), Dassault Systèmes S.A (France), Design Data(U.S.), Nemetschek AG (Germany), Solibri Inc.(Finland), and Trimble Navigation, Ltd. (U.S.).

Browse Related Reports Smart Homes Market (Security, Access, Lighting, Entertainment, Energy Management Systems, HVAC, Ballast & Battery Pack) Analysis & Global Forecast (2013 - 2020) http://www.marketsandmarkets.com/Market-Reports/smart-homes-and-assisted-living-advanced-technologie-and-global-market-121.html Building Automation & Controls Market (Lighting, Security & Access, HVAC, Entertainment, Outdoor, Elevator Controls, Building Management Systems (BMS)), Application & Geography (Americas, Europe, APAC, and ROW) http://www.marketsandmarkets.com/Market-Reports/building-automation-control-systems-market-408.html About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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Contact: Mr. Rohan North - Dominion Plaza 17304 Preston Road Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales(at)marketsandmarkets(dot)com Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors Read the full story at http://www.prweb.com/releases/2014/10/prweb12264865.htm (c) 2014 PRWEB.COM Newswire

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