DUBLIN — (BUSINESS WIRE) — November 13, 2014 — Research and Markets ( http://www.researchandmarkets.com/research/2qt9zk/building) has announced the addition of the "Building Information Modeling Market by End users, Types, Applications and by Geography - Analysis and Forecast 2013 - 2020" report to their offering.
The building information modeling market is expected to grow from $2640.12 million in 2013 to $8646.47 million by 2020 at a CAGR of 16.72%
Building Information Modeling (BIM) is a process of generating and managing data of building or non-building objects related to different industries such as commercial, educational, residential, healthcare, industrial, entertainment, and sports during the entire life cycle of the project. Building information modeling is emerging in both developed and developing countries, with relatively lower turnaround times in developing countries as building information modeling software is available at higher prices with respect to the concerned economy.
Coming to strategic focus areas for key players, the most important area to focus on would be technology innovations and new product developments rather than the existing product developments, as striving for product differentiation would boost a player ahead in the race in the current scenario. A focus on industry relations with OEM giants, pure technology solution providers, and software providers is the key to survival in the building information modeling ecosystem, while relations with the government or private legislative and regulating bodies, special focus included if they are customers, are a must in the construction industry.
Scope of the Report
End users
Types
- Software
- Services
Applications
- Commercial
- Residential
- Educational
- Industrial
- Healthcare
- Entertainment
- Sports
Players involved in the development of the building information modeling market include:
- Archidata Inc. (Canada)
- Asite Solutions Pvt. Ltd. (U.K.)
- Autodesk, Inc. (U.S.)
- Beck Technology Ltd. (U.S.)
- Bentley Systems, Inc. (U.S.)
- Dassault Systèmes S.A (France)
- Design Data (U.S.)
- Nemetschek AG (Germany)
- Solibri Inc. (New Zealand)
- Trimble Navigation, Ltd. (U.S.)
For more information visit http://www.researchandmarkets.com/research/2qt9zk/building
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