Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software





 




Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Building Information Modeling Market worth $ 7,946.5 Million USD by 2020, at a CAGR of 13%

    (I-SoftwareNews.Com, September 30, 2016 ) BIM refers to the development and use of computer-generated n-dimensional (n-D) models to simulate planning, design, construction, and operation of a facility. It is the next generation process in the construction industry, useful for designing buildings and managing the project data for crucial decisions to be taken. Building information modeling helps reduce costs, save time, and improve the speed of the process. BIM is emerging in developed and developing countries with a relatively lower turnaround time in developing countries as the building information modeling software are expensive. Building information modeling in this report has been defined as the process which is implemented with different types of software and services available for various end users such as construction managers/general contractors, architects, owners, engineers, and others for construction activities across different fields such as commercial, residential, educational, healthcare, entertainment, sports, and so on.

    Free PDF Brochure Download @ http://www.marketsandmarkets.com/pdfdownload.asp?id=95037387

    Building information modeling is used in the construction industry for designing and managing projects throughout their life cycle. The overall value chain of the building information modeling market is closely interlinked with the traditional construction processes’ value chain and has been expanding rapidly and shaping into a strong, well-connected chain over the past few years. Several new product developments and software models have come up owing to the application of building information modeling in various vertical.

    This report segments the building information modeling market on the basis of type (software, services), end user (construction managers/general contractors, architects, owners, engineers, and others) and vertical (commercial, residential, educational, healthcare, industrial, entertainment, sports and others). Further, it contains market size projections, and analyses of trends in the market. The geographic analysis contains an in-depth market analysis for the Americas, Europe, and APAC along with their major countries. The Middle-East and Africa have been classified under RoW. Each of these regions has been further split into major countries to analyse the regional market.

    This report describes drivers, restraints, opportunities, and challenges for the growth of the building information modeling market. Factors which are driving the market include government mandates for the usage of building information modeling in various developed countries and the need for enhanced communication and coordination throughout asset lifecycle management process. The restraining factors affecting the market include long training periods required for employees which can decrease the overall productivity. Increasing building information modeling usage in the architecture, engineering, and construction (AEC) industry, is a key growth opportunity for this market.

    The building information modeling market is led by the construction in the commercial sector such as retail and office buildings. High electricity usage in commercial buildings and the rise in energy costs have been driving the usage of building information modeling in construction for efficient power and improved electrical system design for reducing costs, decreasing wastage, and in the overall retrofit improvements.

    Some of the companies involved in the market include ArchiData Inc. (Canada), Asite Solutions Pvt. Ltd. (U.K.), Autodesk, Inc. (U.S.), Beck Technology Ltd. (U.S.), Bentley Systems, Inc. (U.S.), Dassault Systèmes S.A (France), Nemetschek AG (Germany), Design Data. (U.S.), Solibri Inc. (New Zealand) and Trimble Navigation, Ltd. (U.S.).

    About MarketsandMarkets

    MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

    M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

    We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

    Contact:
    Mr. Rohan
    MarketsandMarkets
    701 Pike Street
    Suite 2175, Seattle,
    WA 98101, United States
    Tel: 1-888-600-6441
    Email: sales@marketsandmarkets.com

    MarketsandMarkets

    Mr. Rohan

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Media Sponsor

    I-SoftwareNews.Com Sponsors



    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    I-SoftwareNews.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-SoftwareNews.com - Newswire and Press Release service of GroupWeb Media LLC