BUILDING INFORMATION MODELLING MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Government bodies globally are increasingly mandating the use of BIM on public construction projects as it allows for better cost and scheduling oversight. Large infrastructure projects involving multiple contractors and sub-contractors spread over long timelines need high levels of coordination which BIM effectively addresses. Developed countries like U.K., Finland, Norway, South Korea and Singapore have mandated full BIM adoption on public projects. The U.S. government is also actively promoting BIM Level 3 collaboration through its Federal BIM initiative. For infrastructure owners, BIM ensures assets get delivered on-time and on-budget by optimizing design review processes, construction planning, 4D scheduling, cost estimation and facility management handover. This offers significant returns especially for civic projects involving taxpayers’ money. The mandate for BIM by public clients is a key driver propelling the market as infrastructure continues to be a major investment area globally. Contractors are learning to adapt their workflows to comply with these mandates to remain competitive in public sector projects.

For instance, in September 2022, Autodesk unveiled new capabilities across Autodesk Construction Cloud Reality, simplifying the use and value maximization of BIM for construction project teams. The improvements streamline workflows and provide stakeholders instant access to essential model data and information from the office to the field.