The market for building information modeling (BIM) software and services is still nascent, but evolving rapidly. The architecture, engineering, and construction (AEC) industry is coming to the realization that its tools and processes are antiquated and inefficient when compared to other global industries such as manufacturing. BIM software and processes have evolved to allow new ways of collaboration, work sharing, and virtual design capabilities that serve to reduce costs for building owners and add visibility to the overall design and construction process. With this added visibility and upfront understanding of a project’s detailed characteristics, building owners and operators are realizing that the lifecycle costs of a building can be significantly reduced.
The competitive environment for BIM products is led by a handful of well-established industry players. Significant spending on research and development by these players facilitates the rapid evolution of new tools and technologies. AEC industry practitioners are still at the early stages of BIM adoption, but those who have made the transition to BIM tools and processes are realizing a solid return on their investment. With the recent economic downturn, many firms have been hesitant to change their business structure and strategies and spend the time and resources to transition to BIM. The learning curve can be relatively steep when this transition is made, but the effort may result in producing higher quality deliverables, extending the service offerings of the business, and increasing return business opportunities. A host of global organizations are championing the development of interoperability standards and the advancement of BIM on both public and private projects. The adoption of Industry Foundation Classes (IFC) and other standards such as COBie are greatly enhancing the capabilities of BIM and its inherent collaborative process.
This Pike Research report provides a comprehensive analysis of the global market opportunity for BIM software, training/support services, and project management/collaboration tools. The study includes detailed assessments of the business drivers that are stimulating adoption of BIM, the challenges faced by the industry, and technology issues in the evolving BIM market. Key industry players are profiled and detailed market forecasts, segmented by geography and application segment, extend through 2020.
Key Questions Addressed:
- What are the key market forces influencing and inhibiting market growth and adoption rates for BIM implementation on a global basis?
- Who are the top innovators in the BIM market?
- What are the growth trends in the global BIM market, and which market segments offer the most promising opportunities?
- How does the global building stock in each region influence BIM spending?
- Which regions will experience the most growth in the coming years?
- What factors in each global region will influence spending in that region?
- What strategies are the key market players utilizing to access the BIM market?
Who needs this report?
- Building owners and managers
- BIM software vendors and consultants
- Architecture, engineering, and construction firms
- IT vendors and service providers
- Government agencies
- Investor community
Table of Contents
1. Executive Summary
1.1 Market Overview
1.2 Market Opportunities
1.3 Competitive Environment
1.4 The Market for BIM Software and Services
2. Market Issues
2.1 Market Overview
2.2 Characteristics of the Building Industry
2.3 Market Landscape – Market Participants and End Users
2.4 Market Landscape – Global Building Stock Growth
2.5 Market Opportunities
2.6 Definition of Building Information Modeling
2.7 Building Information Modeling Objects
2.8 Virtual Buildings
2.9 Building Information Modeling Data
2.10 Advantages of BIM
2.10.1 Increased Productivity
2.10.2 Reduced Costs – Pre-Design through the Asset Lifecycle
2.10.3 Lifecycle Asset Management
2.10.4 Optimized Building Performance
2.10.5 Higher Quality Deliverables
2.10.6 Enhanced Project Predictability
2.10.7 Better Project Communication and Coordination – Less Rework
2.10.8 Project Safety
2.10.9 Earlier Visibility into Design and Operations for Building Owners
2.11 Challenges of Building Information Modeling
2.11.1 Unclear Deliverables
2.11.2 Building Information Modeling Ownership Questions
2.11.3 The Potential Need for Staffing Changes
2.12 Market Drivers
2.12.1 Strategic Business Imperative
2.12.2 Competitive Advantage
2.12.3 Owners Ask for Building Information Modeling – Will They Get It?
2.12.4 Building Information Modeling Changes the Competitive Landscape
2.13 Market Hurdles
2.13.1 Lack of Information
2.13.2 Resistance to Change
2.13.3 Upfront Costs
2.13.4 Interoperability
2.14 Other Building Information Modeling Market Issues
2.14.1 Fee Structures
2.14.2 The Uses of Building Information Modeling
2.15 Global Building Information Modeling Initiatives
2.15.1 United States
2.15.1.1 National Institute of Building Sciences
2.15.1.2 buildingSMART Alliance
2.15.1.3 General Services Administration
2.15.1.4 Other U.S. Public Mandates, Programs, and Organizations
2.15.2 United Kingdom
2.15.3 Norway
2.15.4 Netherlands
2.15.5 Finland
2.15.6 Sweden
2.15.7 Singapore
2.15.8 Other Count
3. Technology Issues
3.1 Introduction
3.2 System Use Determines System Specifications
3.3 System Components
3.3.1 Hardware Systems
3.3.1.1 Memory and CPU
3.3.1.2 Hard Drives and Storage Capacity
3.3.1.3 Networking Considerations
3.3.1.4 BIM Cloud Solutions
3.3.2 Software
3.3.2.1 Architecture
3.3.2.2 Sustainability
3.3.2.3 Structures
3.3.2.4 MEP
3.3.2.5 Construction
3.3.2.6 Facilities Management
3.3.3 Services
3.3.4 Building Information Modeling Standards
3.3.4.1 Industry Foundation Classes
3.3.4.2 Construction Information Building Information Exchange
4. Key Industry Players
4.1 Company Profiles
4.1.1 Arcat, Inc.
4.1.2 ArchiDATA Inc
4.1.3 Asite Solutions Ltd
4.1.4 Autodesk, Inc.
4.1.5 Bentley Systems, Incorporated
4.1.6 buildingSMART Alliance
4.1.7 Design Data SDS/2
4.1.8 Gehry Technologies
4.1.9 Nemetschek Vectorworks, Inc. / Graphisoft
4.1.10 Rhinoceros / McNeel North America
4.1.11 Tekla Corporation
4.2 Other Industry Players
4.2.1 BIM Products Ltd.
4.2.2 Constructivity.com LLC
4.2.3 ENGStudios, Inc. / YouBIM
5. Market Forecasts
5.1 Market Conditions for Global Building Information Modeling Adoption
5.2 Forecast Methodology
5.3 Assumptions Determining the Market Forecasts
5.4 Regional Market Forecast Overview
5.5 Global Market Forecasts
5.5.1 North America
5.5.2 Western Europe
5.5.3 Asia Pacific
5.5.4 Market Forecasts – Other Global Regions
5.5.5 BIM Market Forecast by Software Segment
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Building Information Modeling Revenue, World Markets: 2012-2020
- Commercial Building Stock Growth, World Markets: 2011-2020
- Commercial Building Stock Growth by Building Type, World Markets: 2011-2020
- Building Information Modeling Revenue, World Markets: 2012-2020
- Building Information Modeling Market Segmentation by Region, World Markets: 2012
- Building Information Modeling Market Segmentation by Region, World Markets: 2020
- Building Information Modeling Revenue by Market Segment, World Markets: 2012-2020
- Building Information Modeling Revenue by Market Segment, North America: 2012-2020
- Building Information Modeling Revenue by Market Segment, Western Europe: 2012-2020
- Building Information Modeling Revenue by Market Segment, Asia Pacific: 2012-2020
- Building Information Modeling Revenue, Other Regions: 2012 and 2020
- Building Information Modeling Revenue by Software Segment, World Markets: 2012 and 2020
- Building Information Modeling Market Share by Software Segment, World Markets: 2012 and 2020
- United States Construction Industry Productivity: 1964-2004
- Current AEC Industry Practitioners
- Diagram of BIM Project Team Interaction
- Constituents and Beneficiaries of the Building Information Modeling Process
- Productivity Lag Using BIM Tools and Processes
- Cost to Correct Errors in the Building Process
- Project Timeline and the Cost of Making a Design Change
- Lifecycle Cost Savings of Additional Design Effort
- Probability Curves of Ad Hoc Process versus Optimized Process
- Building Information Modeling Tools Usage
- COBie Information by Type of Data and Project Phase
List of Tables
- Commercial Building Stock Growth, World Markets: 2011-2020
- Commercial Building Stock Growth by Building Type, World Markets: 2011-2020
- Building Information Modeling Revenue, World Markets: 2012-2020
- Building Information Modeling Revenue by Market Segment, World Markets: 2012-2020
- Building Information Modeling Revenue by Market Segment, North America: 2012-2020
- Building Information Modeling Revenue by Market Segment, Western Europe: 2012-2020
- Building Information Modeling Revenue by Market Segment, Asia Pacific: 2012-2020
- Building Information Modeling Revenue by Market Segment, Other Regions: 2012-2020
- Building Information Modeling Revenue by Software Market Segment, World Markets: 2012-2020
- Building Information Modeling Market Segmentation by Region, World Markets: 2012 and 2020
- Building Information Modeling Market Share by Software Segment, World Markets: 2012 and 2020