Services
Report Store
Market Insights
Our Blogs
Connect with Us

Buy Now

BIM in Construction Market

Pages: 250 | Base Year: 2023 | Release: April 2025 | Author: Versha V.

Market Definition

The market encompasses the adoption and utilization of digital modeling solutions across various stages of construction projects, facilitating improved planning, design, execution, and maintenance. 

This market is categorized based on deployment mode, including on-premise solutions, which offer greater control and security, and cloud-based solutions that enable remote collaboration and scalability. The report outlines the major factors driving the market, along with key drivers and the competitive landscape shaping the growth trajectory over the forecast period.

BIM in Construction Market Overview

The global BIM in construction market size was valued at USD 7.88 billion in 2023 and is projected to grow from USD 8.86 billion in 2024 to USD 20.83 billion by 2031, exhibiting a CAGR of 12.99% during the forecast period. 

The market is driven by the increasing adoption of digital construction technologies to enhance project efficiency and sustainability. The growing emphasis on smart infrastructure development, coupled with government mandates promoting BIM adoption in public-sector projects, is accelerating market expansion.

Major companies operating in the BIM in construction industry are Autodesk Inc., Bentley systems, Incorporated, Nemetschek SE, Trimble Inc., Dassault Systèmes, AVEVA Group Limited, RIB Software GmbH, Procore Technologies, Inc., Skanska, Gensler, Arup, Jacobs, Hexagon AB, Oracle, and Trimble Inc.

Moreover, the integration of AI in BIM is revolutionizing the construction industry by driving efficiency, accuracy, and sustainability across all project stages. The role of AI in predictive analytics, automated design, and real-time decision-making will further enhance construction workflows, minimizing delays and optimizing resource management.

  • In October 2024, Buildots, a leading innovator in AI-driven progress tracking, announced a strategic integration with Autodesk BIM 360, a key component of Autodesk Construction Cloud. This collaboration strengthens existing integrations, delivering enhanced efficiencies and advanced capabilities to the construction industry, reinforcing both companies’ commitment to digital transformation in project management.

BIM in Construction Market Size & Share, By Revenue, 2024-2031

Key Highlights:

  1. The BIM in construction industry size was valued at USD 7.88 billion in 2023.
  2. The market is projected to grow at a CAGR of 12.99% from 2024 to 2031.
  3. North America held a market share of 34.70% in 2023, with a valuation of USD 2.73 billion.
  4. The cloud segment garnered USD 4.40 billion in revenue in 2023.
  5. The commercial segment is expected to reach USD 13.26 billion by 2031.
  6. The construction and design segment is expected to reach USD 8.75 billion by 2031.
  7. The architects/engineers segment is expected to reach USD 10.34 billion by 2031.
  8. The solution segment garnered USD 5.51 billion in revenue in 2023.
  9. The market in Asia Pacific is anticipated to grow at a CAGR of 13.71% during the forecast period.

Market Driver

Demand for Construction Efficiency

The market is driven by the increasing demand for cost and time efficiency in construction, as stakeholders seek to minimize project delays, reduce expenses, and optimize resource utilization. BIM enables precise project planning, real-time collaboration, and early detection of design conflicts, significantly lowering the risk of costly rework. 

By providing a digital representation of a building's lifecycle, BIM enhances decision-making, improves material management, and streamlines workflows, ultimately leading to faster project completion. The adoption of BIM is accelerating, allowing construction firms to improve overall efficiency while ensuring high-quality project execution.

Market Challenge

High Implementation Costs and Skill Gaps

The BIM in construction market faces several challenges in the form of high initial implementation cost and complexity associated with adopting BIM solutions. Many small and mid-sized construction firms struggle with the cost of software licenses, training programs, and upgrading existing IT infrastructure, making it difficult for them to transition to BIM-based workflows. 

A potential solution to this challenge lies in the increasing availability of cloud-based and subscription-based BIM models, which offer a more affordable and scalable approach, reducing upfront costs for firms. Moreover, industry-driven training initiatives and government-supported BIM education programs can help bridge the skill gap, ensuring a smoother and more widespread adoption of BIM technologies.

Market Trend

Integration of AI

The market is witnessing a transformative shift with the increasing integration of Artificial Intelligence (AI) and automation in BIM solutions. AI-driven BIM platforms are enhancing project planning and execution by enabling predictive analytics, which helps in identifying potential risks, optimizing material usage, and improving construction timelines. 

Automated design optimizations powered by AI allow for real-time modifications, reducing manual errors and enhancing overall project accuracy. AI-powered BIM solutions are becoming a critical tool for improving decision-making, reducing costs, and streamlining workflows across the entire project lifecycle as the construction industry moves toward greater efficiency and sustainability.

  • In February 2024, OpenSpace introduced OpenSpace BIM+, an AI-powered solution designed to improve collaboration between Virtual Design and Construction (VDC) teams and field teams. The platform seamlessly integrates 360° photos with BIM by utilizing AI and computer vision technology, streamlining communication and coordination between on-site and office teams.

BIM in Construction Market Report Snapshot

Segmentation

Details

By Deployment Mode

On-premise, Cloud

By Building Type

Commercial, Residential

By Application

Planning and Modelling, Construction and Design, Asset Management, Building System Analysis and Maintenance Scheduling

By End User

Architects/Engineers, Contractors, Others

By Component

Solution, Service

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, UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa

South America: Brazil, Argentina, Rest of South America

Market Segmentation:

  • By Deployment Mode (On-premise, Cloud): The cloud segment earned USD 4.40 billion in 2023, due to its scalability, remote accessibility, and enhanced collaboration capabilities.
  • By Building Type (Commercial, Residential): The commercial segment held 62.70% share of the market in 2023, due to the rising adoption of BIM in large-scale infrastructure and commercial projects.
  • By Application (Planning and Modelling, Construction and Design, Asset Management, and Building System Analysis and Maintenance Scheduling): The construction and design segment is projected to reach USD 8.75 billion by 2031, owing to the increasing need for efficiency and error reduction in complex building projects.
  • By End User (Architects/Engineers, Contractors, Others): The architects/engineers segment is projected to reach USD 10.34 billion by 2031, owing to the growing integration of BIM for precise planning and structural analysis.
  • By Component (Solution, Service): The solution segment held 69.87% share of the market in 2023, due to the high demand for advanced BIM software to enhance project visualization and workflow optimization.

BIM in Construction Market Regional Analysis

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

BIM in Construction Market Size & Share, By Region, 2024-2031

North America accounted for 34.70% share of the BIM in construction market in 2023, with a valuation of USD 2.73 billion. This dominance is attributed to the early adoption of advanced construction technologies, well-established infrastructure, and strict regulatory mandates promoting digital construction workflows. 

The region’s strong presence of key BIM software providers, significant investments in smart city projects, and high adoption of cloud-based BIM solutions among large construction firms have further fueled the market. Additionally, increasing government initiatives, such as mandates for BIM implementation in public infrastructure projects, have accelerated market expansion in the U.S. and Canada.

The market in Asia Pacific is poised to grow at a significant CAGR of 13.71% over the forecast period, driven by rapid urbanization, increasing infrastructure development, and rising adoption of digital construction technologies. 

The region’s booming construction sector, particularly in China, India, and Southeast Asian countries, has fueled the demand for BIM solutions to optimize project efficiency and cost management. 

Government initiatives promoting smart cities and digital transformation in construction, coupled with the expansion of large-scale commercial and residential projects, are key factors contributing to the market’s growth. Additionally, the growing adoption of cloud-based BIM solutions and increasing awareness of their benefits among architects and engineers are further driving the market in the region.

  • The construction sector in India registered growth in 2024, backed by government investments and large-scale infrastructure projects. In fiscal 2024-25, capital expenditure rose by 11.1% to USD 133 billion (3.4% of GDP), driving expansion. Additionally, PMAY-U sanctioned 1.18 crore houses, with 8.66 million completed and 11.5 million under construction by September 2024, reinforcing sectoral momentum and economic impact.

Regulatory Frameworks

  • In the U.S., the General Services Administration (GSA) mandates the use of BIM for public building projects through its BIM Guide to improve efficiency and cost management in federal construction projects.
  • In India, the National Building Code (NBC) recommends the adoption of BIM for complex infrastructure projects, while organizations such as the Bureau of Indian Standards (BIS) and NITI Aayog are actively promoting BIM implementation to improve construction efficiency.

Competitive Landscape:

The BIM in construction market is highly competitive, with key players emphasizing technological advancements, strategic collaborations, and product innovation to maintain their market position. Companies are actively investing in cloud-based BIM solutions to enhance accessibility, scalability, and real-time coordination among construction teams. 

The integration of AI and Machine Learning (ML) into BIM platforms is also on the rise, enabling predictive analytics for better decision-making and risk mitigation. The adoption of Software-as-a-Service (SaaS) and subscription-based models is increasing, making BIM solutions more accessible to a broader range of construction firms, including small and mid-sized enterprises. 

Additionally, vendors are focusing on region-specific BIM solutions that comply with local regulatory frameworks, ensuring wider adoption in diverse markets. Companies are enhancing their training programs and customer support services to support users in the transition to digital workflows, fostering a more efficient implementation of BIM technologies.

List of Key Companies in BIM in Construction Market:

  • Autodesk Inc.
  • Bentley systems, incorporated
  • Nemetschek SE
  • Trimble Inc.
  • Dassault Systèmes
  • AVEVA Group Limited
  • RIB Software GmbH
  • Procore Technologies, Inc.
  • Skanska
  • Gensler
  • Arup
  • Jacobs
  • Hexagon AB
  • Oracle
  • Trimble Inc

Recent Developments (Product Launch)

  • In October 2024, Siemens introduced BIMPOWER, a plug-in for Autodesk Revit designed to revolutionize 3D BIM projects for engineers and contractors. This innovative tool enhances the BIM design workflow while seamlessly integrating ordering and submittal processes for electrical products, including busway, bus plugs, multi-family metering, panelboards, switchboards, automatic transfer switches, and transformers.

Frequently Asked Questions

What is the expected CAGR for the BIM in construction market over the forecast period?
How big was the market in 2023?
What are the major factors driving the market?
Who are the key players in the market?
Which region is expected to be the fastest growing in the market over the forecast period?
Which segment is anticipated to hold the largest share of the market in 2031?