Building Information Modeling Market

Building Information Modeling Market Overview

The global Building Information Modeling (BIM) Market size was valued at USD 9.57 billion in 2024 and is predicted to reach USD 21.72 billion by 2030 with a CAGR of 14.63 % from 2025-2030.

The building information modeling market, is driven by the rise in urbanization, growing demand for green buildings, alongside, mankind inclination towards smart building boosts the market growth. However, the high cost of BIM based software hinders the growth of the market. On the contrary, the introduction of cloud-based BIM module software is anticipated to create future opportunities for the growth of the market. Moreover, the major players in the market include Hexagon, Trimble Inc. and others are adopting various business strategies such as product launch and acquisition in order in enhance market expansion and broaden their product offering. While new digital construction technology advances, the market for building information model is geared for sustained development, enabling builders to design, manage, and optimize infrastructure more accurately and quickly.

Urbanization Driving Growth in the Market

The rapid expansion of cities is driving the building information modeling (BIM) market demand, as the need for efficient infrastructure planning increases critically. Based on reports released by World Bank Group, 2023, 56% of the world's population, approximately 4.4 billion people already reside in cities. By 2050, almost 70% of individuals are projected to live in urban centers, doubling the existing urban dwellers. This demand towards urbanization is pushing the use of BIM towards wiser and more sustainable urban planning. 

Demand for Green Building Boosting the BIM Market Growth

As individuals are more concerned with environmentally friendly construction, the need for sustainable building processes is increasing, and the use of building information modeling (BIM) for effective planning and resource allocation is being adopted. For instance, in October 2024, 68% of infrastructure-based companies now poses sustainable solutions on offer, showing the trend towards greener building practices in the industry. As BIM allows for improved energy efficiency and less material waste, its contribution to the future of sustainable architecture continues to expand. 

Innovations in Smart Buildings Driving BIM Market Growth

Growing innovation in smart buildings is driving growth in the BIM integration with IoT, with the builders seeking newer solutions for designing, maintaining and optimizing smart infrastructure. For instance, in August 2024, ABB Ltd., for example, diversified its portfolio of smart buildings by acquiring Eve Systems GmbH, a smart home products leader, and further enhanced its market position. Likewise, in September 2024, Hitachi Ltd. is pursuing the path of integrating its smart building solutions with more comprehensive smart city programs using its Lumada platform to drive building operations through Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML) and bigdata. As companies continuing to innovate new smart building solutions, BIM adoption is accelerating at global level. 

High Cost for BIM based Applications Restrains the Market Growth

The high initial costs of building information modeling-based software, hardware, and training expenses, serve as a significant restraint. This substantial investment deters companies from adopting BIM solutions, limiting widespread implementation and slowing market growth.

Cloud Based BIM Solution Revolutionizing the Building Information Modeling (BIM) Market Trends

Growing use of cloud-based BIM software presents lucrative opportunities for growth in the next few years. The solutions enable seamless collaboration, instant access to information, and enhanced project management, which enhance the efficiency and cost-effectiveness of infrastructure and building projects.

Market Segmentations and Scope of the Study

The building information modeling market report is segmented on the basis of component, deployment type, project phase, application, end-users and region. On the basis of component, the market is segmented into hardware, software, and services. On the basis of deployment type, the market is segmented into on-premises and cloud-based. On the basis of project phase, the market is divided into pre-construction, construction, and post construction. Based on application, the market is bifurcated into, design and visualization, construction planning and facility management. On basis of end-users the market is bifurcated into architect and engineers, facility or construction managers, and builders and contractors. The regional breakdown includes regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW). 

Geographical Analysis

North America dominates the building information modeling market share and is anticipated to maintain the dominance throughout the forecast period. The government investments on green building projects in the region aimed at minimizing carbon prints, enhances the demand for BIM solutions to automate design and construction. According to reports published by Clean Energy Canada, 2024, the Canadian government plans to build 3.87 million homes by 2030 and retro-fit millions of others, putting more demand on BIM for enhanced efficiency and sustainability in the projects. With regulations for sustainability becoming tighter, BIM continue to be a core instrument in creating green building with enhanced energy performance. 

Additionally, the availability of major market players such as, Open Space Labs, Inc. and Autodesk Inc. also boost market growth in the region through strategies including, product launch. These players add to the market through innovative solutions that improve project efficiency, enhance collaboration, and offer advanced visualization tools, thereby addressing the changing needs of the construction sector. For example, in June, OpenSpace introduced OpenSpace BIM+, a set of tools aimed at improving building information modeling coordination for virtual and field design teams. Such developments enhance the building information management modeling market by providing construction teams with tools that simplify processes and improve project results, hence increasing the market growth.

The Asia-Pacific region is witnessing steady growth in the BIM industry during the forecast period, driven by the rapid urban population expansion in countries such as India, China, and Japan. This surge is fueling the demand for advanced construction techniques and efficient infrastructure development. This trend propels the application of building information management solutions in efforts to improve the execution of urban development projects and work effectively among members of the project team. Between 2020 and 2023, urban population increased from 866.8 million to 910.9 million in China and represented a growth of approximately 5% as indicated in the latest report issued by World Bank Data. This growth requires innovatory BIM solutions that achieve sustainable urbanization and the total success of any project.

Moreover, increased infrastructure expenditure in the region propels the growth of the building information modelling market as it fuels demand for advanced project management and coordination software. This increased investment in infrastructure growth inspires developers to implement BIM solutions to ensure greater design precision and construction efficiency. India's infrastructure expenditure, according to Morgan Stanley's recent report, will rise to 5.3% of GDP in 2024 to 6.5% of GDP by the year 2029. More spending on infrastructure is a testimony for increased demand to implement BIM solutions in achieving better project performance and construction efficiency.

Competitive Landscape

The building information modeling market industry comprises of various market players such as Autodesk Inc., Asite Solutions Pvt. Ltd, Hexagon AB, Bentley Systems Inc., Dassault Systems SE, Nemetschek SE, Trimble Inc., AVEVA Group plc, Beck Technology Ltd, ACCA Software S.p.A., ArchiCAD, Procore, Archidata, CYPE, Beck Technology and others. These market players continue to adopt various market development strategies such as acquisition and collaboration to maintain their dominance in the market.

For instance, in June 2024, Hexagon acquired Voyansi to enhance its BIM solutions portfolio and accelerate the digitization of the construction industry. This strategic move positions Hexagon to leverage Voyansi's expertise and innovative technologies, leading to more effective project delivery and integration in construction processes. 

Further, in April 2024, Trimble Inc. partnered with Hyundai Engineering Co. for co-development of a building information modeling process management tool to increase productivity in construction. This project targets the use of the most recent 3D modeling technology to enable improved management of steel building and precast concrete construction.

Key Benefits

• The report provides quantitative analysis and estimations of the global market from 2025 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the building information modeling sector including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the building information modeling industry is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Building Information Modeling Market Key Segments

By Component 

• Hardware

• Software 

• Services 

By Deployment Type

• On-Premises 

• Cloud-Based

By Project Phase

• Pre-Construction

• Construction

• Post Construction

By Application

• Design and Visualization

• Construction Planning

• Facility Management

By End-User

• Architect and Engineers 

• Facility or Construction Managers

• Builders and Contractors

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France    

  • Italy

  • Spain

  • Denmark

  • Netherlands

  • Finland

  • Sweden

  • Norway

  • Russia

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

Key Players

• Autodesk Inc.

• Asite Solutions Pvt Ltd

• Hexagon AB

• Bentley Systems Inc.

• Dassault Systemes SE

• Nemetschek SE

• Trimble Inc.

• AVEVA Group plc

• Beck Technology Ltd

• ACCA Software S.p.A.

• ArchiCAD

• Procore

• Archidata

• CYPE

• Beck Technology

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2024	USD 9.57 Billion
Revenue Forecast in 2030	USD 21.72 Billion
Growth Rate	CAGR of 14.63% from 2025 to 2030
Analysis Period	2024–2030
Base Year Considered	2024
Forecast Period	2025–2030
Market Size Estimation	Billion (USD)
Growth Factors	The rising urbanization drives the market expansion. Growing demand for green building boosts the market growth Growing innovation in smart buildings propels the market growth.
Countries Covered	28
Companies Profiled	15
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.