- The key vendors in the global building information modelling market 2015-2019 are Autodesk, AVEVA, Bentley, Nemetschek, Intergraph, and Trimble
London, 06 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global building information modelling (BIM) market 2015-2019. Implementation of 3D laser scanning is one of the key trends upcoming in the market. Architectural firms, developers, builders, and real estate agents are using BIM with 3D laser scanning. This will help them in detailed documentation such as project scheduling, planning, coordination, cost estimation, sustainability, and facility management of a construction project. The global BIM market is expected to grow at a CAGR of 16.73% during the forecast period of 2014-2019.
BIM implementation for building and construction projects is expected to rise, and the adoption rate is consistently growing in this vertical. From complex mega projects to standard construction projects, designers, architects, contractors, and engineers are seeking to merge BIM in their construction projects
“Cloud-based collaboration is one of the technology trends that is transforming BIM. Software companies such as Assemble Systems have developed cloud-based tools for advanced data management. This tool includes a model viewer, model variance, and automated estimating,” says Faisal Ghaus, Vice President of Technavio Research.
“Cloud-based BIM reduces IT expenses, stores data safely, and speeds up the visualization process and simulation tasks, making real time collaboration more efficient. Thus there is no need to maintain and upgrade hardware, which will be of benefit for the architecture, engineering, and construction industries.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Building Information Modelling Market 2015-2019, please send an e-mail to media@TechNavio.com
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