Building Information Modeling Market Outlook and Scope 2031
Building Information Modeling Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 9.44 Billion |
Market Size by 2031 | US$ 22.49 Billion |
Global CAGR (2025 - 2031) | 13.2% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Building Information Modeling Market News and Recent Developments
The Building Information Modeling Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In June 2023, OpenSpace, the global leader in 360° reality capture and AI-powered analytics, introduced OpenSpace BIM+, a suite of easy-to-use 3D tools that helps field teams and virtual design and construction (VDC) teams get work done faster by unlocking BIM coordination on the job site. Announced at its Waypoint customer conference, this was the third product from OpenSpace that uses cutting-edge technology to empower project teams to get things done faster together. OpenSpace Capture, introduced in 2021, is used to fully document construction sites in over 93 countries, and OpenSpace Track, introduced in 2021, automatically quantifies progress on those sites. OpenSpace BIM+ adds to this portfolio with tools that accelerate BIM and field coordination workflows. (Source: OpenSpace, Press Release, 2023)
Building Information Modeling Market Report Coverage and Deliverables
The “Building Information Modeling Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles