Building Information Modeling Market Report and Forecast 2025-2034

The global building information modeling market size attained a value of USD 9.60 Billion in 2024. The market is further expected to grow at a CAGR of 16.40% between 2025 and 2034, to reach a value of USD 43.83 Billion by 2034.

Key Trends in the Market

Building information modeling is defined as a process which enables architects, engineers, contractors, and construction workers, to create building designs using digital technologies and tools. Through building information modeling, or BIM, digital representations are created that feature realistic physical as well as functional characteristics of different locations. Building information modeling involves high-tech digital tools, contracts, and technologies which assist in various processes of the construction sector. BIM also involves 3D models which lead to efficient planning and execution of construction projects.

• Rapid deployment of building information modeling in the industrial construction sector across the emerging economies is driving the global BIM market. Industries such as oil and gas, civil infrastructure, and utilities, are expected to heighten the demand for BIM to improve development of suitable facilities for their long-term operations.
• According to BIM statistics, improvements in software such as AutoCAD, Revit, and SketchUp, among others, is leading to an efficient and more reliable usage of BIM in construction projects. Further advancements in the software are likely to streamline specification tasks during construction and preconstruction processes.
• The anticipated increase in expenditure towards renovating houses, apartments, government spaces, and warehouses, among others, are expected to bolster the demand for building information modeling market in the coming years. With building information modeling, more advanced features can be seamlessly incorporated into new constructions.

Market Segmentation

The report titled “Building Information Modeling Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Deployment Type

• On-Premises
• Cloud

Market Breakup by Offering

• Software
• Services

Market Breakup by Project Lifecycle

• Preconstruction
• Construction
• Operation

Market Breakup by Application

• Industrial
• Buildings
• Oil and Gas
• Civil Infrastructure
• Utilities
• Others

Market Breakup by End Users

• AEC Professionals
• Consultants and Facility Managers
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Deployment Type

The cloud segment, based on deployment type, accounts for a healthy share of the BIM industry. Cloud-based building information modeling software is witnessing a heightened demand in the construction sector, owing to the real-time collaboration capabilities it supports. In addition, cloud BIM software provides great visibility, supports enhanced decision making, sustainable freedom of choice, and cost savings on construction projects. Cloud-based BIM software is growing in popularity in the building information modeling market, which is attributable to its easy accessibility and increasing adoption of laptops and computers by the building contractors and engineers. Furthermore, cloud-based BIM software can be used to create real-time backups of projects, preventing unexpected losses due to systems failures.

Market Share by Project Lifecycle

Based on project lifecycle, the construction segment accounts for a significant share in the building information modeling (BIM) market. BIM can play a critical role during the construction process by improving onsite collaboration, bolstering communication, providing accurate cost estimation, and efficiently detecting any problem points. In addition, BIM can exponentially increase construction productivity by improving the process of scheduling and sequencing.

Over the forecast period, the anticipated increase in infrastructure projects and need for streamlined and cost-effective construction are expected to fuel the demand for building information modeling. Meanwhile, the preconstruction segment is expected to witness a steady growth in the building information modeling market over the forecast period, as BIM can assist architects in visualising projects during this stage.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global building information modeling market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

The Beck Group

The Beck Group is a leading architecture company which designs and develops parks, garages, halls, medical centres, university complexes, and office buildings, among others. It caters to the construction demands of various end use sectors including aviation, business, education, entertainment, and healthcare. It is headquartered in Texas, United States and was established in 1912.

AVEVA Group plc

AVEVA Group plc is a renowned information technology and consulting firm which is a subsidiary of Schneider Electric SE. This company provides high-end engineering and software solutions which facilitate the development of efficient construction designs and management. It also offers reliable lifecycle management solutions. AVEVA Group plc was founded in 1967 is headquartered in Cambridge, United Kingdom.

Hexagon AB

Hexagon AB is a global information technology company which specialises in hardware, sensor, and software solutions, along with numerous autonomous technologies. Recent innovations of the company include HxGN Connect, HxGN EAM, Nexus, and RTK from the Sky. The company was founded in the year 1992 and is headquartered in Stockholm, Sweden.

Other market players include Vectorworks, Inc., Nemetschek SE, Trimble Inc., Bentley Systems, Incorporated, and Autodesk Inc., among others.