Wednesday 8 April 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global BIM Market: Autodesk Inc., Bentley Motors Ltd., Nemetschek AG and Trimble Navigation Ltd.
Other Prominent Vendors in the market are: Gehry Technology and Newforma.
Commenting on the report, an analyst from the report's team said: “One of the major trends upcoming in the market is the emergence of cloud-based BIM technology. Such new technologies are gaining huge importance in the construction sector.”
According to the report, improvement in quality control and productivity is one of the major drivers in the market. The implementation of BIM software helps in minimizing errors and reducing the wastage and cost associated with construction projects.
Further, the report states that one of the major challenges in this market is the lack of expertise and the high cost of training. A high level of competence is required to use BIM software. The cost of training is one of the major concerns of the industry as a whole. Many construction firms are hesitant to invest in training programs because of their high cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.