Growth of The BIM Software Market Shows Resilience Against a Mixed Economic Backdrop
This unique combination of BIM database, industry analysis, and marketing consultancy has enabled us to help hundreds of companies and organizations worldwide evaluate and plan courses of action and improve the resulting business outcomes. The combination of data and knowledge that we contribute to the BIM report helps to ensure that our client’s team is equipped with the information necessary to make informed decisions confidently.
The data used in this report is from the BIM Observatory 2022 Q3 v1.0, originally published on 11th October 2022. This release includes the latest updates to the underlying economic industry forecasts, and exchange rates forecasts.
This focused report is intended to provide a high-level market 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 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.
Table of Contents
- Report objectives
- Sources
- Scope
- BIM Design phase
- BIM Construct phase
- BIM Operate phase
- 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 the US, Germany, France, UK, China and India
- Software revenue by region EMEA, APAC, AMER
- 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 2022
- 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
- Global BIM Operate software revenue and growth by segment
- Competitive landscape
- BIM software players’ market share in 2022
- Key market players and the rest of the market revenues growths
- Key market players and the rest of the market in BIM Construct, Design and Operate
- Tail analysis of BIM market
- BIM providers - Trends
- Autodesk BIM software market size, share and growth forecast
- Bentley Systems 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
- Glodon BIM software market size, share and growth forecast
- Oracle Construction & Engineering BIM software market size, share and growth forecast
- Procore Technologies BIM software market size, share and growth forecast
- Schneider Electric BIM software market size, share and growth forecast
- SpaceIQ (Eptura) BIM software market size, share and growth forecast
- Mergers & Acquisitions (M&A) in 2022
- BIM Observatory
- Methodology
- Policies & options
- Disclaimer
Samples
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Executive Summary
The publisher is responding to market demand to call out the burgeoning BIM software market growth and outlook. Our 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 $25.1bn 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.
Companies Mentioned
- Autodesk
- Bentley
- Glodon
- Hexagon
- IBM
- MRI Software
- Nemetscheck
- Oracle Construction & Engineering
- Procore
- Schneider
- SpaceIQ
- Thinkproject
- Trimble
- Yardi
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 114 |
| Published | May 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 17.8 Billion |
| Forecasted Market Value ( USD | $ 30.7 Billion |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
