BIM Software Market Summary
As per Market Research Future Analysis, the BIM Software Market is projected to grow from USD 11.1 Billion in 2024 to USD 33.7 Billion by 2032, with a CAGR of 14.9% during the forecast period. The market was valued at USD 9.7 Billion in 2023. The growth is driven by increasing government mandates for BIM adoption and digitalization in the construction industry. The COVID-19 pandemic and geopolitical tensions have posed challenges, but the demand for BIM software continues to rise, particularly in North America and Asia-Pacific.
Key Market Trends & Highlights
Key trends influencing the BIM Software Market include government initiatives and technological advancements.
- Government mandates for BIM adoption are increasing, making it a legal standard in many countries.
- The 3D software model accounted for the largest market share in 2021, enhancing decision-making in construction.
- The contractor segment is projected to be the fastest-growing end-user category during the forecast period.
- North America is expected to hold the largest market share due to high technical expertise and government support.
Market Size & Forecast
2024 Market Size | USD 11.1 Billion |
2032 Market Size | USD 33.7 Billion |
CAGR | 14.9% |
Major Players
Key players in the BIM Software Market include Autodesk, Trimble, Dassault Systems, Siemens, and Oracle.