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US Building Information Modeling Market (BIM) (2022-2027) by Offering Type, Applications, End-User, Deployment Type, Project Life Cycle, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 179 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585654
The US Building Information Modeling Market (BIM) is estimated to be USD 2.56 Bn in 2022 and is projected to reach USD 5.86 Bn by 2027, growing at a CAGR of 18.01%.



Market dynamics are forces that impact the prices and behaviors of the US Building Information Modeling Market (BIM) stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Building Information Modeling Market (BIM) is segmented based on Offering Type, Applications, End-User, Deployment Type, and Project Life Cycle.
  • By Offering Type, the market is classified into Software and Services.
  • By Applications, the market is classified into Buildings, Industrial, Civil Infrastructure, Oil & Gas, Utilities, and Others.
  • By End-User, the market is classified into AEC Professionals, Consultants And Facility Managers, and Others.
  • By Deployment Type, the market is classified into On Premises and Cloud.
  • By Project Life Cycle, the market is classified into Preconstruction, Construction, and Operation.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 4M Company, Arcadiasoft, Asite Solutions, Autodesk Inc, Bentley Systems Inc, Computers And Structures Inc, Pöyry (AFRY), Procore Technologies, Robert McNeel & Associates, Trimble Ltd, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Building Information Modeling Market (BIM). Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Building Information Modeling Market (BIM) using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Building Information Modeling Market (BIM). The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Investment in New Building
4.1.2 Wide-Ranging Benefits of BIM Realized by AEC Industry
4.1.3 Growing Government Initiatives for Adoption of BIM
4.2 Restraints
4.2.1 High Initial Cost of BIM
4.3 Opportunities
4.3.1 Rising Use of IoT in Construction Sector
4.3.2 Growing Focus of Organizations on Introducing New Standards Such as ISO 19650 in BIM Market
4.4 Challenges
4.4.1 Low Level of Digitization in Construction Industry
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Building Information Modeling Market (BIM), By Offering Type
6.1 Introduction
6.2 Software
6.3 1 Architectural Design
6.4 2 Sustainability
6.5 3 Structures
6.6 4 Mep
6.7 5 Construction
6.8 6 Facility Management
6.9 Services
6.10 1 Software Support and Maintenance
6.11 2 Project Management and Support
7 US Building Information Modeling Market (BIM), By Applications
7.1 Introduction
7.2 Buildings
7.3 Industrial
7.4 Civil Infrastructure
7.5 Oil & Gas
7.6 Utilities
7.7 Others
8 US Building Information Modeling Market (BIM), By End-User
8.1 Introduction
8.2 AEC Professionals
8.3 Consultants And Facility Managers
8.4 Others
9 US Building Information Modeling Market (BIM), By Deployment Type
9.1 Introduction
9.2 On Premises
9.3 Cloud
10 US Building Information Modeling Market (BIM), By Project Life Cycle
10.1 Introduction
10.2 Preconstruction
10.3 Construction
10.4 Operation
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 4M Company
12.2 Arcadiasoft
12.3 Asite Solutions
12.4 Autodesk Inc
12.5 Bentley Systems Inc
12.6 Computers And Structures Inc
12.7 Pöyry (AFRY)
12.8 Procore Technologies
12.9 Robert McNeel & Associates
12.10 Trimble Ltd
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • 4M Company
  • Arcadiasoft
  • Asite Solutions
  • Autodesk Inc
  • Bentley Systems Inc
  • Computers And Structures Inc
  • Pöyry (AFRY)
  • Procore Technologies
  • Robert McNeel & Associates
  • Trimble Ltd