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Global Building Information Modeling Market to Rise at a CAGR of 13% to 2020

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The global building information modeling market is expected to reach USD 7,946.5 Million by 2020, at a CAGR of 13% from 2015 to 2020. ArchiData Inc, Asite Solutions Pvt. Ltd., Autodesk, Inc., Beck Technology Ltd., Bentley Systems, Inc. are some of the top companies in building information modeling market.

Complete report on building information modeling market spread across 173 pages, profiling 12 companies and supported with 110 tables and 62 figures is now available at:
http://www.rnrmarketresearch.com/building-information-modeling-market-by-end-users-types-software-services-applications-commercial-residential-educational-industrial-healthcare-entertainment-and-sports-and-by-geography-market-report.html

Building information modeling is a process that involves the maintenance of digital data for communicating project decisions related to different issues such as designing, visualization, collaboration, and simulation of different applications. Building information modeling objects are available in the market for executing the processes during construction. The data that is stored in building information modeling can be used for managing the entire life cycle of the project with the use of integrated tools for a timely delivery.

Building information modeling is an approach to design, construction, and management of buildings. It supports the continuous and immediate availability of project design scope, schedule, and cost information that is reliable, integrated, fully coordinated, and of a high quality. It is not only used for the maintenance of 3D data but also for 4D and 5D representations. For 3D digital representations, there are some other technologies apart from building information modeling, such as AutoCAD, CAD, and others. 4D involves time management of the project for scheduling daily and monthly activities and thus, attracts a lot of customers toward the BIM process. 5D involves a project’s cost management, which can also be handled within the building information modeling process.

The companies that are profiled in the report include ArchiDataInc. (Canada), Asite Solutions Pvt. Ltd. (U.K.), Autodesk, Inc. (U.S.), Beck Technology Ltd. (U.S.), Bentley Systems, Inc. (U.S.), DassaultSystèmes S.A (France), Design Data. (U.S.), Nemetschek AG (Germany), Solibri Inc. (New Zealand) and Trimble Navigation, Ltd. (U.S.). Order a copy of Building Information Modeling Market by End User (Architect, contractor, owner), Type (Software, Services), Vertical (Commercial, Residential, Educational, Industrial, Healthcare) and Geography – Analysis and Forecast to 2015 – 2020 research report at:
http://www.rnrmarketresearch.com/contacts/purchase?rname=231858

The building information modeling market is growing rapidly in many segments and applications with some of the fast growing applications likely to be twice by 2020 in terms of market size. Newer applications and uses are continuously being devised for this technology, which will further propel the market in the coming five years.

On a related note, 3D Mapping and 3D Modeling Market The total 3D mapping and 3D modeling market is expected to grow from USD 1.90 Billion in 2015 to USD 16.99 Billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 55.0% from 2015 to 2020. North America, the first mover in this market, is expected to remain as the major market till 2020. This report will help them better understand the competitor and gain more insights to better position their business. Apple, Inc., SAAB, Airbus Defence and Space, Google, Autodesk, Trimble, Intermap Technologies, Topcon Corporation, Cybercity 3D, ESRI are companies mentioned in this 126 pages research available at:
http://www.rnrmarketresearch.com/3d-mapping-3d-modeling-global-advancements-worldwide-market-size-and-forecasts-2013-2018-market-report.html

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