Building Information Modelling (BIM) Service Market by Deployment Type (On Premise, Cloud), by Project Lifecycle (Preconstruction, Construction, Operation), by Application, by End-user, by Service Type and by Region - Global forecast to 2030
Building Information Modelling (BIM) service is the process of creating 3D models of a specific project which includes enabling document management, coordination, and simulation during the entire life cycle of the specific project. The Process involves planning, designing, Implementing, and managing a project. BIM services are provided for owners, developers, and stakeholders to review new projects with unprecedented detail.
BIM service involves the coordination of human and material resources through the lifecycle of the project which includes project management support like BIM business strategies, and design advice, operational assessment capacity, and maintenance planning, supplier analysis, coordination, time and cost estimation, procurement.
The use of BIM services has been prevalent in the construction industry. However, in recent times, Investment in BIM is continuing to grow by many companies in this industry for BIM’s efficiency and cost-effectiveness as it attempts to gather information relating to design, functionality, and life span in forms that can be shared by the participants in the project. In this way, designers, contractors, and suppliers can have a current view of the progress of the building project and have an influence on the design and specification prior to and during execution. 3D representation is a key element of BIM. However, this can be widened to 4D, which includes time frames, and 5D.
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Drivers: Increase in government initiatives for adopting BIM
In many countries like US, and Germany, BIM is becoming prevalent and mandated. Few countries like Sweden, Denmark, and Finland government are regulating the usage of BIM standards. Policy and regulations are implemented by the government for the deployment of BIM solutions in the construction both by Public and private infrastructure organizations. For instance, the United Kingdom government has proposed a BIM solution mandate for large 2 projects. Countries like Singapore, Denmark, and Spain have reached close to 90% of the adoption of BIM solutions. Hence, the implementation done by the government will help the market to grow better.
Drivers: Increased accuracy in cost estimation by the adoption of BIM
BIM eliminates the time-consuming procedure of manually reading blueprints, calculating QTOs (Quantity Take Off), and eventually interpreting the drawings. This results in greater accuracy and almost nil uncertainty. Any changes in quantity or design geometry are immediately reflected in costs. Design engineers can therefore modify the blueprints without having to worry about the time-consuming procedure of starting over with calculations. By estimating with BIM, general contractors and construction managers can increase their productivity, win more contracts, and maximize project profitability. With the appropriate team and resources, 5D BIM can be fully utilized to shorten project deadlines, save costs, and improve design, construction, and operating standards.
Challenges: Digitization in the construction industry is still in a low phase
Large-scale construction projects take more time and cross the threshold of the budget. This is mainly due to less digitization in the construction industry. By following the BIM solution it will increase the efficiency to 20% but the industry has not embraced new digital technology that needs upfront investments though the benefit will be for a longer time. This Lag will be a hindrance in the adaption of BIM solutions.
Key Players in the Market
Autodesk (US), Nemetschek (Germany), Bentley Systems (US), Trimble (US), Dassault Systems(France), RIB software (Germany), Asite (UK), Aveva (UK), Hexagon (Sweden), and nCircle (India) are some of the key players in the BIM market.
Recent Developments
- In Early 2022, the French company BIM&CO announced a strategic partnership with BIMLife to deliver BIM products to the construction industry in the ASEAN market. BIM&CO has selected BIMLife to deliver its services and distribute its products to manufacturers in ASEAN
- Autodesk BMI collaborates with PRO. This will help, for instance, BIM Collaborate Pro provides a better view of your projects, giving you and your team anytime, anywhere access to the tools and information needed. With powerful co-authoring, project management, and model coordination tools.
- In January 2022, Maxon the subsidiary of Nemetschek Group, acquired Pixologic Inc. This acquisition will benefit Maxon from Pixologic's industry-leading 3D sculpting and painting expertise.
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TABLE OF CONTENTS
1 Introduction
1.1. Study Objectives
1.2. Definition
1.3. Study Scope
1.3.1. Markets Covered
1.3.2. Geographic Scope
1.3.3. Years Considered
1.4. Currency
1.5. Key Stakeholders
1.6. Summary of Changes
2 Research Methodology
2.1. Research Data
2.2. Secondary Data
2.2.1. Major Secondary Sources
2.2.2. Key Data from Secondary Sources
2.3. Primary Data
2.3.1. Key Data from Primary Sources
2.3.2. Key Participants in Primary Processes across Market Value Chain
2.3.3. Breakdown of Primary Interviews
2.3.4. Key Industry Insights
2.4. Market Size Estimation
2.5. Market Breakdown and Data Triangulation
2.6. Risk Analysis
2.7. Research Assumptions and Limitations
3 Executive Summary
4 Premium Insights
5 Industry Trends and Market Overview
5.1. Introduction
5.2. Value Chain Analysis
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunities
5.3.4. Challenges
5.4. Revenue Shift and New Revenue Pockets for Market Players
5.5. Market Ecosystem/Market Map
5.6. Key Industry Trends
5.7. Pricing Analysis
5.8. Case Study Analysis
5.9. Patent Analysis
5.10. Key Stakeholders and Buying Criteria
5.11. Regulatory Landscape
6 BIM Services Market, by Type
6.1. Introduction
6.2. On-site Services
6.3. Off-site Services
6.4. Façade Services
7 BIM Services Market, by Service Type
7.1. Introduction
7.2. Consulting Services
7.3. Production & Documentation Support
7.4. Clash Detection & Coordination
7.5. Scheduling & Monitoring
7.6. Cost Planning & Monitoring
7.7. Facility Management & Operations
7.8. 3D Rendering & Visualization
7.9. Scan to BIM
7.10. Others
8 BIM Services Market, by Project Lifecycle
8.1. Introduction
8.2. Preconstruction
8.3. Construction
8.4. Operation
9 BIM Services Market, by Deployment Type
9.1. Introduction
9.2. On-premise
9.3. Cloud-based
10 BIM Services Market, by End-user
10.1. Introduction
10.2. AEC Professionals
10.3. Consultants & Facility Managers
10.4. Others
11 BIM Services Market, by Application
11.1. Introduction
11.2. Buildings
11.3. Industrial
11.4. Civil Infrastructure
11.5. Oil & Gas
11.6. Utilities
11.7. Others
12 BIM Services Market, by Region
12.1. Introduction
12.2. North America
12.2.1. US
12.2.2. Canada
12.2.3. Mexico
12.3. Europe
12.3.1. UK
12.3.2. Germany
12.3.3. France
12.3.4. Italy
12.3.5. Rest of Europe
12.4. APAC
12.4.1. China
12.4.2. Japan
12.4.3. India
12.4.4. Rest of APAC
12.5. RoW
12.5.1. South America
12.5.2. Middle East
12.5.3. Africa
13 Competitive Landscape
13.1. Overview
13.2. 5-Year Revenue Analysis- Top 5 Companies
13.3. Market Share Analysis: BIM Services Market (Top 5)
13.3.1. Global
13.3.2. North America
13.3.3. Europe
13.3.4. APAC
13.3.5. RoW
13.4. Company Evaluation Quadrant, 2021
13.4.1. Star
13.4.2. Pervasive
13.4.3. Participant
13.4.4. Emerging Leader
13.5. Competitive Benchmarking
13.6. Startup/SME Evaluation Quadrant, 2021
13.6.1. Progressive Companies
13.6.2. Responsive Companies
13.6.3. Dynamic Companies
13.6.4. Starting Blocks
13.6.5. Startup/ SME Data Table
13.6.6. Competitive Benchmarking of Key Startups/SMEs
13.7. Competitive Situations and Trends
14 Company Profiles
14.1. Introduction
14.2. Key Players
14.2.1. Autodesk
14.2.1.1. Business Overview
14.2.1.2. Products Offered
14.2.1.3. Recent Developments
14.2.1.4. MNM View
14.2.1.4.1. Key Strengths/Right to Win
14.2.1.4.2. Strategic Choices Made
14.2.1.4.3. Weaknesses And Competitive Threats
Note: Similar Information Would Be Provided for Top 5 (Key Players)
14.2.2. Nemetschek
14.2.3. Bentley Systems
14.2.4. Trimble
14.2.5. Dassault Systemes
14.2.6. RIB Software
14.2.7. ASITE
14.2.8. AVEVA
14.2.9. Hexagon
14.2.10. nCircle
14.2.11. Pinnacle
14.2.12. Neilsoft
14.2.13. Intec Infra-Technologies Pvt Ltd
14.2.14. Magnasoft
14.2.15. TaalTech
Note: The above list of companies is tentative and might change during due course of research
15 Appendix
Growth opportunities and latent adjacency in Building Information Modelling (BIM) Service Market