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5-D Building Information Modeling Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 130
  • SKU: IRTNTR73944
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The 5-D building information modeling market share is expected to increase to USD 840.99 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.68%.

This 5-D building information modeling market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers 5-D building information modeling market segmentation by type (software and service) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The 5-D building information modeling market report also offers information on several market vendors, including 4M SA Advanced Software Engineering Systems, ABB Ltd., ACCA software Spa, Accencies Technologies, AECOM, Asite Solutions Ltd., Autodesk Inc., AVEVA Group Plc, Beck Technology Ltd., Bentley Systems Inc., Cadsoft Corp., Dassault Systemes SE, Hexagon AB, Monarch Innovation Pvt. Ltd., Nemetschek SE, PENTAGON SOLUTION LTD., RIB Software GmbH, STRABAG SE, TeamSystem Spa, and Trimble Inc. among others.

What will the 5-D Building Information Modeling Market Size be During the Forecast Period?

5-D Building Information Modeling Market Size

Download the Free Report Sample to Unlock the 5-D Building Information Modeling Market Size for the Forecast Period and Other Important Statistics

 

5-D Building Information Modeling Market: Key Drivers, Trends, and Challenges

The advantages of 5-D bim over previous versions is notably driving the 5-D building information modeling market growth, although factors such as the high implementation and operating costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the 5-D building information modeling industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key 5-D Building Information Modeling Market Driver

  • One of the key factors driving growth in the 5-D building information modeling market is the advantages of 5-D BIM over previous versions.
  • Construction projects which are undertaken through third-dimensional (3-D) BIM does not provide a platform for the integration of time and cost factors. This led to the emergence of 5-D BIM, which considers more dimensions.
  • 5-D BIM is considered an evolution of fourth-dimensional (4-D) BIM and 3-D BIM.
  • With the help of 5-D BIM, an investor can obtain information on the following things easily: deviation from the pre-determined project schedule and budget, in-house database with complete details regarding the cost and labor productivity rates, efficient preparation of cost schedules, and real-time cost estimation for an easy and quick comparison with the target cost. Such factors will contribute to the growth of the global 5-D BIM market.

Key 5-D Building Information Modeling Market Trend

  • The increasing investment in intelligent processing is a 5-D building information modeling market trend that is expected to have a positive impact in the coming years.
  • Many players in the market are focusing on integrating intelligent processing techniques and artificial intelligence (AI) with 5-D BIM.
  • The civil industry has fewer applications of AI and is showing slow adoption due to the high R&D cost associated with the adoption of 5-D BIM.
  • Integrating AI with 5-D BIM in the civil and construction industries helps end-users such as builders, contractors, engineers, and architects overcome challenges, improve efficiency and productivity, and save time and money through implementing 5-D BIM algorithms.
  • The integration helps engineers and builders in the following aspects: reinforcement learning, predictive applications, supervised learning, machine learning, and image recognition. Therefore, increasing investment in intelligent processing will propel the growth of the global 5-D BIM market.

Key 5-D Building Information Modeling Market Challenge

  • The high implementation and operating costs will be a major challenge for the 5-D building information modeling market during the forecast period.
  • The high cost of 5-D BIM software impedes the growth of the global 5-D BIM market. Due to its high price, small architectural and engineering firms in the construction industry are reluctant to adopt 5-D BIM software.
  • The software packages are offered with many modules that can be used for various applications in end-user industries, such as construction and civil. However, these packages are of minimal use to SMEs, considering the size of the projects. Hence, they do not opt for these solutions and prefer adopting solutions that fit their budget.
  • Most SMEs find it difficult to invest large amounts in small projects and are skeptical about the return on investment (ROI).
  • 5-D BIM solutions are complex and require trained professionals to use the software. Hence, the high cost of training associated with these solutions will restrict the adoption of 5-D BIM software.

This 5-D building information modeling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global fifth dimensional (5-D) building information modeling (BIM) software market as a part of the global application software market within the global IT software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the 5-D building information modeling market during the forecast period.

Who are the Major 5-D Building Information Modeling Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • 4M SA Advanced Software Engineering Systems
  • ABB Ltd.
  • ACCA software Spa
  • Accencies Technologies
  • AECOM
  • Asite Solutions Ltd.
  • Autodesk Inc.
  • AVEVA Group Plc
  • Beck Technology Ltd.
  • Bentley Systems Inc.
  • Cadsoft Corp.
  • Dassault Systemes SE
  • Hexagon AB
  • Monarch Innovation Pvt. Ltd.
  • Nemetschek SE
  • PENTAGON SOLUTION LTD.
  • RIB Software GmbH
  • STRABAG SE
  • TeamSystem Spa
  • Trimble Inc.

 

This statistical study of the 5-D building information modeling market encompasses successful business strategies deployed by the key vendors. The 5-D building information modeling market is fragmented and the vendors are deploying growth strategies such as investing in designing, planning, developing, branding, expanding existing facilities, and acquiring new players to compete in the market.

Product Insights and News

  • asite.com - The company offers 5-dimensional building information modeling techniques which is designed to implement the design, construction, and operation processes in civil projects.

  • asite.com - Under the unified segment, the company is involved in offering a collaborative and secure project management system built on a cloud-based platform to plan, design, and seamlessly share information across the entire supply chain.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The 5-D building information modeling market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

5-D Building Information Modeling Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the 5-D building information modeling market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for 5-D Building Information Modeling Market?

5-D Building Information Modeling Market Market segmentation by region

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37% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for 5-D building information modeling in North America. Market growth in this region will be slower than the growth of the market in the South American, APAC, and MEA regions.

The growth of the residential and non-residential construction sectors in the US will facilitate the 5-D building information modeling market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the regional construction industry witnessed a deceleration in its growth rate owing to the outbreak of the COVID-19 pandemic. However, with the initiation of large-scale COVID-19 vaccination drives from Q3 2020 and the subsequent lifting of lockdown restrictions, several construction projects, which had been halted, as well as new projects started in 2021. 

What are the Revenue-generating Type Segments in the 5-D Building Information Modeling Market?

5-D Building Information Modeling Market Segmentation

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The 5-D building information modeling market share growth by the software segment will be significant during the forecast period. With the growth of the global construction industry, the purchase of 5-D BIM software has significantly increased in recent years. The demand for this software is rising in Europe and North America, owing to the growth in the number of public and private construction projects undertaken through 5-D BIM. This drives the extensive use cases of software for 5-D BIM across these advanced economies such as the US, Canada, Germany, the Netherlands, and Japan.

This report provides an accurate prediction of the contribution of all the segments to the growth of the 5-D building information modeling market size and actionable market insights on post COVID-19 impact on each segment.

 

5-D Building Information Modeling Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.68%

Market growth 2022-2026

$ 840.99 million

Market structure

Fragmented

YoY growth (%)

15.2

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key consumer countries

US, Canada, China, Germany, Italy, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

4M SA Advanced Software Engineering Systems, ABB Ltd., ACCA software Spa, Accencies Technologies, AECOM, Asite Solutions Ltd., Autodesk Inc., AVEVA Group Plc, Beck Technology Ltd., Bentley Systems Inc., Cadsoft Corp., Dassault Systemes SE, Hexagon AB, Monarch Innovation Pvt. Ltd., Nemetschek SE, PENTAGON SOLUTION LTD., RIB Software GmbH, STRABAG SE, TeamSystem Spa, and Trimble Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this 5-D Building Information Modeling Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive 5-D building information modeling market growth during the next five years
  • Precise estimation of the 5-D building information modeling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the 5-D building information modeling industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of 5-D building information modeling market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Software - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Software - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Software - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Software - Year-over-year growth 2021-2026 (%)
    • 5.4 Service - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Service - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Service - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Service - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Italy - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Italy - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Asite Solutions Ltd.
              • Exhibit 93: Asite Solutions Ltd. - Overview
              • Exhibit 94: Asite Solutions Ltd. - Product / Service
              • Exhibit 95: Asite Solutions Ltd. - Key news
              • Exhibit 96: Asite Solutions Ltd. - Key offerings
            • 10.4 Autodesk Inc.
              • Exhibit 97: Autodesk Inc. - Overview
              • Exhibit 98: Autodesk Inc. - Business segments
              • Exhibit 99: Autodesk Inc. - Key news
              • Exhibit 100: Autodesk Inc. - Key offerings
              • Exhibit 101: Autodesk Inc. - Segment focus
            • 10.5 AVEVA Group Plc
              • Exhibit 102: AVEVA Group Plc - Overview
              • Exhibit 103: AVEVA Group Plc - Business segments
              • Exhibit 104: AVEVA Group Plc - Key offerings
              • Exhibit 105: AVEVA Group Plc - Segment focus
            • 10.6 Bentley Systems Inc.
              • Exhibit 106: Bentley Systems Inc. - Overview
              • Exhibit 107: Bentley Systems Inc. - Product / Service
              • Exhibit 108: Bentley Systems Inc. - Key news
              • Exhibit 109: Bentley Systems Inc. - Key offerings
            • 10.7 Dassault Systemes SE
              • Exhibit 110: Dassault Systemes SE - Overview
              • Exhibit 111: Dassault Systemes SE - Product / Service
              • Exhibit 112: Dassault Systemes SE - Key news
              • Exhibit 113: Dassault Systemes SE - Key offerings
            • 10.8 Hexagon AB
              • Exhibit 114: Hexagon AB - Overview
              • Exhibit 115: Hexagon AB - Business segments
              • Exhibit 116: Hexagon AB - Key offerings
              • Exhibit 117: Hexagon AB - Segment focus
            • 10.9 Nemetschek SE
              • Exhibit 118: Nemetschek SE - Overview
              • Exhibit 119: Nemetschek SE - Business segments
              • Exhibit 120: Nemetschek SE - Key offerings
              • Exhibit 121: Nemetschek SE - Segment focus
            • 10.10 RIB Software GmbH
              • Exhibit 122: RIB Software GmbH - Overview
              • Exhibit 123: RIB Software GmbH - Product / Service
              • Exhibit 124: RIB Software GmbH - Key offerings
            • 10.11 STRABAG SE
              • Exhibit 125: STRABAG SE - Overview
              • Exhibit 126: STRABAG SE - Business segments
              • Exhibit 127: STRABAG SE - Key news
              • Exhibit 128: STRABAG SE - Key offerings
              • Exhibit 129: STRABAG SE - Segment focus
            • 10.12 Trimble Inc.
              • Exhibit 130: Trimble Inc. - Overview
              • Exhibit 131: Trimble Inc. - Business segments
              • Exhibit 132: Trimble Inc. - Key offerings
              • Exhibit 133: Trimble Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              5-D Building Information Modeling Market market growth will increase by $840.99 mn during 2022-2026.
              The 5-d building information modeling market market is expected to grow at a CAGR of 15.68% during 2022-2026.
              Technavio has segmented the 5-d building information modeling market market by type (software and service) and geography (North America, Europe, APAC, Middle East and Africa, and South America).
              4M SA Advanced Software Engineering Systems, ABB Ltd., ACCA software Spa, Accencies Technologies, AECOM, Asite Solutions Ltd., Autodesk Inc., AVEVA Group Plc, Beck Technology Ltd., Bentley Systems Inc., Cadsoft Corp., Dassault Systemes SE, Hexagon AB, Monarch Innovation Pvt. Ltd., Nemetschek SE, PENTAGON SOLUTION LTD., RIB Software GmbH, STRABAG SE, TeamSystem Spa, Trimble Inc. are a few of the key vendors in the 5-d building information modeling market market.
              North America will register the highest growth rate of 37% among the other regions. Therefore, the 5-d building information modeling market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the 5-d building information modeling market market growth are:
              • Advantages of 5-D BIM over previous versions
              • Increasing investment in intelligent processing
              The 5-d building information modeling market market vendors should focus on grabbing business opportunities from the software segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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