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Europe Building Information Modeling Software Market - Navigating Industry Growth, Size, Share, and Ongoing Trends
A recent research report published by MarkNtel Advisors has projected that the Europe Building Information Modeling Software Market is set to record around 12.2% during 2023-28. The growing need for automated models in the construction sector to improve operational efficiencies and the implementation of various norms by governments for using BIM in the AEC sector are the main aspects projected to drive the market in the future.
Due to the fragmented delivery methods, building problems, and the involvement of multiple parties, AEC (Architecture, Engineering, & Construction) processes are witnessing several complications currently and, in turn, instigating many firms operating in this sector, along with facility & real estate managers, to utilize BIM (Building Information Modeling) solutions for modeling & optimizing projects and ensure accurate information in a suitable 3D format as well as timely decisions throughout the design, construction, & operation of building assets.
The advent of BIM integrated with AR/VR, where users can view & interact with a virtual world, has improved communication among stakeholders, provided better visualization for designers & engineers, and facilitated a completely immersive experience. Hence, as end-users are becoming aware of these benefits, more & more BIM solutions integrated with VR technology are being deployed, which, in turn, is creating new avenues for the Europe Building Information Modeling Software Market to witness significant expansion in the coming years.
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Ever-Growing Demand for BIM for Pre-construction Designing
During the construction of buildings, BIM helps reduce the chances of errors in the pre-construction phase and improve the cost-effectiveness & overall accuracy of design in a project. As Europe is witnessing an increasing number of building & construction activities, various BIM services are being deployed to improve building accuracy & minimize construction costs. Consequently, the mounting use of BIM by building owners, contractors, design teams, & facility managers during the pre-construction stage of buildings in order to achieve the detailed engineering of a project beforehand is spurring growth in the Building Information Modeling Software Market.
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Competitive Landscape
The key companies operating in the Europe Building Information Modeling Software Market include Asite Solutions Pvt. Ltd., Autodesk Inc., Aveva Group PLC, Bentley Systems Inc., Bimeye Inc., Dassault Systems SE, Hexagon AB, Topcon Positioning Systems Inc., and Trimble Inc.
Key Questions Answered in the Research Report
- What are the current & future trends in the Europe Building Information Modeling Software Market?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping across various regions, followed by their comparative factorial indexing?
- What are the key growth drivers & challenges for the Europe Building Information Modeling Software Market?
- What are the customer orientation, purchase behavior, & expectations from the leading players in the Europe Building Information Modeling Software Market?
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Market Segmentation:
- By Project Lifecycle (Pre-Construction Design, Construction, Operation, Renovation & Retrofitting)
- By Deployment (On-Premise, Cloud)
- By End-User (Residential, Corporate Offices, Public Infrastructure, Healthcare, Hospitality, Industrial, Others (Stadium, Retail, etc.))
- By Country (The UK, Germany, France, Italy, Spain)
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