PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762310
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762310
The building information modeling market size is expected to reach USD 21.06 billion by 2034, according to a new study by Polaris Market Research. The report "Building Information Modeling (BIM) Market Share, Size, Trends, & Industry Analysis Report: By Solution (Software and Services), By Deployment Type, By Building Type, By Project, By Application, By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Building information modeling (BIM) is a digital representation of the physical and functional characteristics of a facility, serving as a shared knowledge resource for information about a building. It enables architects, engineers, and construction professionals to collaboratively design, construct, and manage buildings efficiently.
BIM supports sustainable design by enabling energy analysis, material optimization, and waste reduction. It allows architects to simulate environmental impacts and assess energy performance early in the design phase. Additionally, BIM extends beyond construction, helping in facility management by storing critical data for maintenance, renovations, and future upgrades.
In terms of solution, the software segment is projected to reach USD 13.4 billion by 2034. This growth is attributed to the increasing pressure to improve efficiency and reduce waste in the construction industry.
Based on deployment type, the on-premises segment is projected to reach USD 6.7 billion by 2034 at a CAGR of 9.8% during 2025-2034. This growth is attributed to their ability to give complete control to organizations over project data, security protocols, and software customization.
In terms of building type, the commercial segment dominated the building information modeling market, and held a market share of 36.42%. This dominance is attributed to the growing complexity of modern commercial projects.
Based on project, the preconstruction segment is projected to reach USD 8.00 billion during the forecast period. This rapid growth is attributed to the increasing focus on cost savings in infrastructure development among owners.
In terms of application, the construction & design segment dominated the market, valued at USD 3.49 billion in 2024. This dominance is fueled by the rising pressure on construction companies to deliver complex projects on time and within budget.
North America accounted for 40% global market share in 2024 due to growing demand for efficient construction project management and digital transformation in the architecture, engineering, and construction (AEC) industry.
Asia Pacific accounted for 23.45% share of the global BIM market in 2024, owing to the increasing demand for efficient construction practices and smart city development.
A few global key market players include Autodesk, Bentley Systems, Nemetschek Group, Trimble Inc., Dassault Systemes, Hexagon AB, AVEVA (Schneider), Procore Technologies, Siemens Digital, Asite, CYPE Ingenieros, and ACCA Software.
Polaris Market Research has segmented the building information modeling market report on the basis of solution, deployment type, building type, project, application, end user, and region:
By Solution Outlook (Revenue, USD Billion, 2020-2034)
Software
Services
By Deployment Type Outlook (Revenue, USD Billion, 2020-2034)
Cloud-Based
On-Premises
By Building Type Outlook (Revenue, USD Billion, 2020-2034)
Commercial
Industrial
Residential
Public Infrastructure
Others
By Project Outlook (Revenue, USD Billion, 2020-2034)
Preconstruction
Construction
Operation
By Application Outlook (Revenue, USD Billion, 2020-2034)
Construction & Design
Planning & Modelling
Asset Management
Building System Analysis & Maintenance Scheduling
Others
By End User Type Outlook (Revenue, USD Billion, 2020-2034)
Builders & Contractors
AEC Professionals
Consultants & Facility Managers
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America