Building Information Modelling (BIM) is a process involving the generation and management of digital representations of physical and functional characteristics of buildings and civil infrastructure projects. BIM supports decision-making about building functions and by creating a digital representation of new infrastructure assets for future asset management and ownership tasks. It allows various stakeholders in a building project, including architects, engineers, contractors and owners, to seamlessly share information digitally through the phases of design, construction and operation of a facility or infrastructure asset.
Global building information modelling (BIM) market is estimated to be valued at USD 10.07 Bn in 2025 and is expected to reach USD 25.06 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 13.9% from 2025 to 2032.
Key Takeaways
Key players operating in the Building Information Modelling market are ACCA software, ArCADiasoft, Asite Ltd., and Autodesk Inc. The players are focusing on developing partnerships with end-users and solution providers to enhance their product and service offerings. For instance, in June 2022, Asite Ltd. partnered with Bentley Systems to integrate their ProjectWise and Asite BIM platforms for streamlining construction workflows.
Growing adoption of Building Information Modelling market Opportunity across various end-use industries such as healthcare, transportation, and infrastructure is driving the demand for BIM solution. BIM provides improved project visualization, cost reduction, and coordination which is boosting its adoption. Furthermore, government initiatives and mandates favoring BIM adoption are positively impacting the market growth.
Technological advancements such as cloud-based BIM, 5D BIM including cost estimation, Artificial Intelligence (AI)-driven BIM, augmented and virtual reality, Internet of Things (IoT) integration are boosting the applicability and functionalities of BIM. Development of interoperable exchange formats is facilitating better information exchange across project lifecycles.
Market Trends
Increasing focus on sustainability in construction: - Use of BIM helps in designing and building green and sustainable infrastructure by enabling data-driven decision making regarding material selection, energy efficiency modeling, water management etc.
Rise of BIM for facility management: - BIM is being increasingly used for intelligent operations and maintenance of buildings by creating digital twins for managing assets and space utilization over their lifecycles.
Market Opportunities
Growing construction spending in developing economies: - Countries in Asia Pacific and Middle East are expected to boost BIM adoption to meet infrastructure needs thereby opening new growth avenues.
Emergence of cutting-edge technologies: - Integration of BIM with technologies like AI, robotics, IoT, VR/AR is expected to revolutionize construction processes and offer huge potential for BIM vendors.
Impact of COVID-19 on Building Information Modelling Market Growth
The COVID-19 pandemic has significantly impacted the building information modelling (BIM) market. During the pre-COVID period, the market was growing steadily owing to rising construction activities globally. However, the imposition of lockdowns and supply chain disruptions negatively impacted the market in 2020. Several ongoing construction projects were halted or faced delays due to shortage of labour and construction materials. This led to reduced demand for BIM software and services during this period.
With restrictions now being lifted gradually, the market is witnessing a revival. The construction industry is gearing up to resume full-fledged activities. However, market players are focusing on cloud-based BIM solutions and collaboration tools to ensure business continuity even during lockdowns. Factors such as work from home, virtual consulting and project management are gaining prominence. BIM is playing a crucial role in reviewing designs, resolving issues and implementing changes virtually. Market players are enhancing their offerings to help architects, engineers and contractors collaborate effectively using digital tools.
The outbreak has also accelerated digital transformation within the construction sector. Virtualization of designs, walkthroughs and project coordination are expected to increase going forward. Hybrid and flexible work models relying on BIM are likely to become the new normal. While short-term challenges persist, the long-term outlook remains positive backed by technology adoption, infrastructure development plans of governments worldwide and growth of construction industries in Asia Pacific region.
North America region accounts for the major share in the global BIM market in terms of value. This is attributed to early technology adoption, stringent building regulations and presence of leading BIM solution providers in countries such as United States and copyright. The Asia Pacific region is projected to be the fastest growing market during the forecast period. This is driven by ongoing infrastructure development projects, supportive government policies for BIM implementation and expansion of construction industries in China, India and other developing Asian countries.
The construction activities in India, China, Australia, South Korea and South East Asian countries were impacted initially during the COVID-19 pandemic. However, with resumption of economic activities, several infrastructure projects and smart city developments are back on track. This is likely to drive the demand for BIM solutions in Asia Pacific region post COVID-19 pandemic. Countries are also focusing on promoting standardized BIM guidelines and protocols to maximize efficiencies and collaboration capabilities in the sector.
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