Building information modelling (BIM) is a strategy used to create a digital representation of a building's physical structure before it is actually constructed. BIM is a 30 virtual model of a building or layout design, to put it simply. BIM enables visual imagery in addition to helping with budget, manpower, and workflow coordination estimations. Technology improvements have increased developers' interest in smart technologies, such as the usage of computer-aided design tools. Similar tasks were accomplished out before BIM with the aid of CAD, 3D Max, and related tools and software.
The market for Building Information Modelling (BIM) is anticipated to reach US$ 9,908 million in 2021 and grow at a 19.1% CAGR during the forecast period (2021-2028).
Key Competitors in the Building Information Modelling Industry:
1. Autodesk inc.
Autodesk is a leading provider of 3D Modeling, engineering, and entertainment software with its headquarters in San Rafael, California, and it was established in 1982. Autodesk products are used to create the world around us by customers in the manufacturing, architecture, building, construction, and media and entertainment sectors. In addition to activities for research and product development in the US, Canada, China, and Singapore, the corporation has operations in 143 sites globally. At Autodesk, there are over 8,500 workers. Autodesk relocated its headquarters from San Rafael, California, where they had been based since 1994, to San Francisco in 2022.
2. Nemetschek AG
An industry leader in providing software for digital transformation in the AEC/O and media sectors is The Nemetschek Group. Its innovative software solutions help creatives to streamline their work processes and span the whole lifecycle of construction and infrastructure projects. Clients can create digital products like visualisations, movies, and video games more imaginatively, as well as plan, build, and operate buildings and infrastructures more effectively and sustainably. The software company is advancing sustainability, open standards (OPEN BIM), digital twins, and other advances in the AEC/O sector while also steadily extending its portfolio through investments in deep-tech firms. The customer-focused solutions of our four divisions are currently influencing the world's more than seven million users.
3. Beck Technology Ltd.
Beck Technologies is a software development business that caters to the construction sector and was founded in 1996. The business is headquartered in Dallas, Texas. Under the banner of DESTINI: design estimation integration initiative, Beck Technology provides a number of solutions. Products like DESTINI Optioneer, DESTINI Bid Day, DESTINI Estimator, and DESTINI Profiler are available. Innovative preconstruction solutions have been created by Beck Technology with the goal of combining transdisciplinary data into software solutions to empower project teams to make better, wiser, and more informed decisions. In 2023, Beck Technology will earn $13.3 Million.
4. GRAITEC
GRAITEC is an Autodesk Reseller and a CAD/CAE software developer for the construction and civil engineering sectors. François Guillemard established the business in 1986 and it has its headquarters in France. From a technical perspective, Graitec and StrucSoft have a close technological bond. Gave API users with the option to maintain all the properties of jointly generated items in the import/export context in 2023. exposed the API to the capability of removing XData from an Advance Steel object.
5. Dassault Systèmes SE
Software for 3D product design, simulation, production, and other 3D-related goods is developed by Dassault Systèmes SE, a French multinational software company. It was established in 1981 and has offices all around the world, with its main location being in Vélizy-Villacoublay, France. Dassault Systèmes' collaborative platform enables business and individuals to develop sustainable breakthroughs using virtual twin technologies.
6. AECOM
AECOM, which was founded in 1990, is the most reputable infrastructure consulting company in the world. It offers expert services at every stage of a project's lifespan, including consultation, planning, design, and engineering, as well as programme and construction management. Its main office is in Dallas, Texas, in the United States. With our unmatched technological and digital competence, a culture of fairness, diversity, and inclusion, and a dedication to environmental, social, and governance concerns, the teams are motivated by a common mission to produce a better world. The Professional Services division of Fortune 500 company AECOM had $13.1 billion in sales in fiscal year 2022.
7. Synchro Software Ltd.
Synchro Software Ltd is a software development company that was established in 2001. The business creates software for 4D construction modelling that is used for scheduling, project management, and the construction of intricate structures and civil infrastructure projects. Global clients are served by Synchro Software.Synchro is located in Coventry, Coventry, United Kingdom . The straightforward project monitoring and analysis capabilities of SYNCHRO Control guarantee real-time visibility into project progress for improved team cooperation at each stage of the project.
8. Pentagon Solutions Ltd
In the UK and Ireland, Pentagon Solutions is the top provider and consultant for Autodesk and Accruent technology. It also tops the list for BIM installation and consulting services. Our company, which was founded in 2003 and has offices in Belfast, Cork, and London, is entirely committed to the generation, visualisation, and administration of engineering data produced by our clients in all business sectors, both public and private.
*Definition- Building information modelling (BIM) is a strategy used to create a digital representation of a building's physical structure before it is actually constructed.
