Building Information Modelling Market: By Deployment Type (On-Premises and Cloud Deployment), By Project Life Cycle (Preconstruction, Construction, and Post-Construction), Application (Commercial, Residential, Industrial, and Others), By End User (Government, Architect, Engineering, Builders and Others), and Geography

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Building Information Modelling Market size was valued at USD 6,524.5 million in 2022 and is expected to reach a value of USD 10,256.8 million by 2028, at a CAGR of 9.8% from 2023 to 2029. Building Information Modelling (BIM), is a digital representation and functional characteristics of a facility, it provides foundation to the architect, engineering and construction (AEC) industry to control and manage construction data in the project lifecycle. Rising in the construction sector increases BIM model trend which leads to increase in demand, also rising trend in technological advancement in the construction sector drive the market. the architect industry is growing rapidly with various 3D modelling techniques creates opportunities in the industry. Initial Cost of building information modelling is expensive due to software which cost around $3000-$4500, the cost factor for the software makes restraints for the construction company. Furthermore, high cost for training and lack of professional in the digitalisation of building information modelling is the major challenges in the market. Geographically, North America held the major market share in 2022 and is expected to dominate the building information modelling market in the forecasted years.

Building Information Modelling Market Key Developments:
In November 2022, and November 2022 - Bentley announced new capabilities of its iTwin Platform, significantly extending the scope and interoperability of infrastructure data that engineering firms and owner-operators can use to create and leverage digital twins in design, construction, and operations workflows.
In September 2022 - Autodesk announced a suite of new capabilities across the auto desk construction cloud reality, making it easier for construction project teams to use and maximize the value of BIM from the office to the field. The improvements enable team members to streamline workflows and make important choices more quickly by giving all stakeholders instant access to essential model data and information.

Building Information Modelling Market Summary

Study Period

2023– 2029

Base Year




Largest Market

Asia Pacific

Fastest Growing Market

North America
Building Information Modelling Market Dynamics

The increasing 3D modelling in construction and engineering sector in the world is the major market opportunity in the Building Information Modelling Market during the forecast period. Digitalization in architect, engineering and construction sector clarify the building model in preconstruction stage which determine the construction facility and find damage in the model. these new technology in the market creates new opportunity to the key players to expand their business in the region. Hence, this will create new opportunity in the global market growth at a significant rate.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Building Information Modelling Market Segmentation

By Deployment Type
  • On Premises Deployment
  • Cloud Deployment
By project lifecycle
  • Preconstruction
  • Construction
  • Post Construction
By Application
  • Commercial
  • Residential
  • Industrial
  • Others
By End User
  • Government
  • Architect
  • Engineering
  • Builders
  • Others
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA


Frequently Asked Questions

The Building Information Modelling Market size was valued at USD 6,524.5 million in 2022 and expected to reach USD 10,256.8 million by 2029, growing at an 9.8% CAGR from 2023 to 2029

The leading players in the Building Information Modelling Market are; Autodesk Inc., Bentley systems, Dassault Systems SA, Hexagon AB, Nametschek, Trimble, RIB software, ASITE, AVEVA Groups Inc., Pentagon Solutions, Pinnacle InfoTech, LOD planner Inc.

Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and Seven years forecast presented from 2023 – 2029.

  • Autodesk Inc.
  • Bentley systems
  • Dassault Systems SA
  • Hexagon AB
  • Nametschek
  • Trimble
  • RIB software
  • AVEVA Groups Inc.
  • Pentagon Solutions
  • Pinnacle InfoTech
  • LOD planner Inc.