Building Information Modeling Market

Market Definition

Building information modeling is a digital process that involves creating and managing information about a built asset using intelligent 3D models. The market includes software and services that support digital project execution through the entire building lifecycle. 

It covers deployment through both on-premise and cloud-based platforms, depending on user needs and project scale. Core applications include planning and modeling, construction and design, asset management, and building system analysis with maintenance scheduling.

Building Information Modeling Market Overview

The global building information modeling market size was valued at USD 8.22 billion in 2024 and is projected to grow from USD 9.16 billion in 2025 to USD 21.75 billion by 2032, exhibiting a CAGR of 13.15% during the forecast period. This growth is supported by the growing demand for 3D modeling software for civil engineering projects, particularly in infrastructure and transportation development. 

The integration of artificial intelligence and computer vision technologies into building information modeling platforms is reshaping how construction teams automate design validation and monitor on-site progress.

Major companies operating in the building information modeling industry are Anguleris, Hexagon AB, ACCA software S.p.A., Trimble Inc., Pinnacle Infotech, Asite, Autodesk Inc., AFRY AB, Dassault Systèmes, Schneider Electric, Nemetschek Group, Archidata Inc., Procore Technologies, Inc., Bentley Systems, Incorporated, and The Beck Group.

Manufacturers are integrating real-time product data, submittals, and ordering tools into building information modeling platforms to streamline electrical system design and procurement. This allows design teams to select, configure, and validate components directly within the platform, ensuring alignment with approved specifications. 

It reduces manual coordination, shortens lead times, and supports accurate ordering. By connecting product availability with digital workflows, manufacturers are enhancing efficiency and increasing BIM adoption across electrical planning and execution.

• In October 2024, Siemens launched BIMPOWER, a plug-in for Autodesk Revit to simplify the building information modeling (BIM) design process. The tool integrates electrical product ordering and submittal functions directly into the BIM environment. BIMPOWER supports components such as busways, bus plugs, multi-family metering, panelboards, switchboards, automatic transfer switches, and transformers.

Key Highlights:

1. The building information modeling industry size was valued at USD 8.22 billion in 2024.
2. The market is projected to grow at a CAGR of 13.15% from 2025 to 2032.
3. North America held a market share of 36.44% in 2024, with a valuation of USD 3.00 billion.
4. The software segment garnered USD 4.81 billion in revenue in 2024.
5. The on-premise segment is expected to reach USD 12.16 billion by 2032.
6. The planning & modeling segment is expected to reach USD 7.78 billion by 2032.
7. The architects and engineers (A/E) segment is expected to reach USD 6.86 billion by 2032.
8. Asia Pacific is anticipated to grow at a CAGR of 13.86% during the forecast period.

Market Driver

Growing Demand for 3D Modeling Software for Civil Engineering Projects

The building information modeling market is driven by the rising demand for 3D modeling software in civil engineering projects. As infrastructure development expands globally, engineering teams require precise and data-rich digital models to manage complex project requirements. 

Building information modeling software enables detailed visualization, clash detection, and the simulation of construction processes, which improves design accuracy and reduces rework. This demand is prominent in urban development and utility projects, where integrated 3D modeling supports efficient planning and execution.

• In July 2024, Trimble announced that Taisei Corporation selected SketchUp and its 3D modeling software, as the primary Building Information Modeling (BIM) and Construction Information Modeling/Management (CIM) solution for civil engineering projects. The collaboration aims to enhance project planning, design, and operations through improved visualization, coordination, and productivity using SketchUp’s intuitive 3D modeling features.

Market Challenge

High Implementation Costs Restricting BIM Adoption Among Small and Medium Enterprises

A major challenge in the building information modeling market is the high cost of implementation, which includes expenses for software licenses, hardware upgrades, and skilled personnel. Small and medium enterprises often lack the financial capacity to invest in these requirements, which makes it difficult for them to adopt BIM at scale. This limits digital integration across the construction value chain and slows market expansion.

To address this, BIM providers are introducing cloud-based solutions with subscription pricing to reduce upfront costs. Public sector agencies in several countries are also offering funding support and training programs to encourage BIM adoption among smaller firms.

Market Trend

Integration of Artificial Intelligence and Computer Vision Technologies into Building Information Modeling Platforms

The building information modeling industry is experiencing a shift toward the integration of artificial intelligence and computer vision technologies in design and construction workflows. Leading building information modeling software providers are embedding AI to support clash detection, predictive design analysis, and workflow automation. 

Computer vision processes, on-site images, and videos to track construction progress and verify safety compliance. This shift improves project efficiency, reduces rework, and enables faster data-driven decision-making across the construction lifecycle.

• In February 2024, OpenSpace introduced OpenSpace BIM+, a product designed to improve coordination between Virtual Design and Construction and field teams, which uses computer vision and AI to align 360° photos with building information modeling. This makes field-to-office collaboration more efficient.

Building Information Modeling Market Report Snapshot

Segmentation	Details
By Component	Software (Modeling & Visualization, Operations & Facility Management, Sustainability/Environmental Protection, Others), Services (Professional Services, Managed Services, Support and Maintenance Services)
By Deployment Mode	On-premise, Cloud-based
By Application	Planning & Modeling, Construction & Design, Asset Management, Building System Analysis & Maintenance Scheduling
By End User	Architects and Engineers (A/E), Contractors and Builders, Government & Public Sector Organizations, Owners and Developers, Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation:

• By Component (Software (Modeling & Visualization, Operations & Facility Management, Sustainability/Environmental Protection, Others), and Services (Professional Services, Managed Services, Support, and Maintenance Services)): The software segment earned USD 4.81 billion in 2024, due to the rising demand for integrated modeling and visualization tools that streamline designs and construction workflows.
• By Deployment Mode (On-premise, and Cloud-based): The on-premise segment held 59.51% of the market in 2024, owing to higher data control preferences and infrastructure investments by large construction firms.
• By Application (Planning & Modeling, Construction & Design, Asset Management, and Building System Analysis & Maintenance Scheduling): The planning & modeling segment is projected to reach USD 7.78 billion by 2032, attributed to the growing need for early-stage project visualization and accurate cost estimation.
• By End User (Architects and Engineers (A/E), Contractors and Builders, Government & Public Sector Organizations, Owners and Developers, and Others): The architects and engineers (A/E) segment is projected to reach USD 6.86 billion by 2032, due to the increased adoption of building information modeling for design accuracy, collaboration, and regulatory compliance.

Building Information Modeling Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The North America building information modeling market share stood at 36.44% in 2024, with a valuation of USD 3.00 billion. This dominance is driven by strategic acquisitions aimed at advancing BIM-powered construction management. 

Leading companies in the U.S., and Canada have actively acquired BIM solution providers and technology firms to expand their digital construction capabilities. These acquisitions have improved integration across planning, design, and operations, strengthening North America’s position as a leader in BIM adoption across public and private infrastructure projects.

• In May 2025, Procore Technologies, Inc. acquired Novorender and FlyPaper Technologies to enhance its building information modeling (BIM) capabilities. The acquisition aims to help contractors and owners improve coordination and connect BIM data across the Procore platform. Novorender’s high-speed 3D rendering technology and FlyPaper’s BIM solutions will support model-based construction management for complex infrastructure and data center projects.

Asia Pacific building information modeling industry is poised to grow at a significant CAGR of 13.86% over the forecast period. Growth is mainly supported by increasing government-led infrastructure development programs that mandate the use of Building Information Modeling. 

Countries such as China, India, and Japan are integrating BIM into national construction guidelines and smart city initiatives. This strong policy push, combined with rising investments in large-scale urban development, continues to accelerate BIM adoption across the region.

Regulatory Frameworks

• In the U.S., the General Services Administration (GSA) mandates the use of Building Information Modeling for all public building projects through its National 3D-4D-BIM Program. This ensures enhanced coordination, reduced lifecycle costs, and better facility management across federally funded construction.
• In India, Building Information Modeling (BIM) is regulated by various public sector agencies, including the Central Public Works Department (CPWD), and is guided by the National Building Code of India, which promotes BIM adoption in large government infrastructure and smart city projects.

Competitive Landscape

Key players in the building information modeling industry are focusing on developing Software-as-a-Service (SaaS) platforms to streamline and automate building permit compliance. These platforms enable users to validate designs against local codes and regulatory standards in real time, reducing manual approval delays and improving project timelines. 

Companies are integrating automated rule-checking engines into their BIM solutions to ensure code compliance from early design stages. This strategy enhances user efficiency, minimizes rework, and supports regulatory transparency. Market participants are forming strategic partnerships with regulatory agencies and municipalities to align their SaaS platforms with evolving compliance frameworks across regions.

• In May 2025, Solibri and AcePLP launched a proof of concept for a software-as-a-service platform in Singapore, focused on automated building permit compliance. The initiative supports the CORENET X program by digitizing accessibility checks in Building Information Modeling (BIM) submissions using Solibri’s rule-based model checker.

List of Key Companies in Building Information Modeling Market:

• Anguleris
• Hexagon AB
• ACCA software S.p.A.
• Trimble Inc.
• Pinnacle Infotech
• Asite
• Autodesk Inc.
• AFRY AB
• Dassault Systèmes
• Schneider Electric
• Nemetschek Group
• Archidata Inc.
• Procore Technologies, Inc.
• Bentley systems, incorporated
• The Beck Group

Recent Developments (M&A/Product Launch)

• In October 2024, Autodesk launched new data connections and artificial intelligence capabilities to advance outcome-based BIM. The company launched an integration between Autodesk Docs and Autodesk Forma, along with the beta release of Autodesk Assistant in Autodesk Construction Cloud.
• In June 2024, Hexagon acquired Voyansi through a strategic agreement to strengthen its Building Information Modeling (BIM) solutions portfolio. The acquisition focused on expanding Hexagon’s digital reality capabilities by integrating Voyansi’s BIM and Virtual Design and Construction (VDC) services and its BIM workflow software development.