(MENAFN Editorial) NEW YORK, Nov. 21, 2017 /PRNewswire/ -- Building Information Modeling (BIM) is an integrated process of designing, building and managing building multi-dimensionally before being constructed to analyze the real time issues during and after construction. BIM simplifies all the complex tasks including planning, construction and operation, process, collaboration and reduces the error proneness and assist in improving the efficiency. In European region, BIM is increasingly gaining the traction of organizations and firms involved in architecture, engineering, and construction (AEC) sector as well as the owners and the operators of the buildings such as facility and real estate managers.

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European building information modelling market is segmented based on the type, industry vertical, end user, and geography. By type, the market is categorized into software, and services.

On the basis of industry vertical, the market is segmented into commercial, residential, public infrastructure, educational, healthcare, industrial, sports & entertainment, and others. Architects, engineers, contractors, owners, and others are considered under end user segment. The market has also been studied on the basis of geography that includes a detailed study of the key countries across the European region such as Germany, Switzerland, Austria, and Rest of Europe.

The European building information modelling market is projected to reach $2.43 billion by the end of 2023 with a CAGR of over 13% during the forecast 2017 to 2023. Rest of Europe is dominating the European building information modelling market owing to the rising number of construction projects in countries including U.K., France, Italy, and other countries. Rest of Europe was followed by Germany and Austria as second and third largest market for the European building information modelling market. Switzerland is projected to have the fastest growth, owing to the increasing developments in information technology for more accurate visual information, which in turn allows to monitor construction processes effectively.

In this report, forecast values for the European building information modelling market are analyzed for the period 2017-2023.

Sample Companies profiled in this Report are:
Bentley System Inc. (U.K.)
Trimble Inc. (U.S.)
Autodesk, Inc. (U.S.)
ABM Europe (Ireland)
WS Atkins PLC (U.K.)
Dassault Systemes (France)

The above keyplayers along with their company profiles is included in this report. The report also contains a detailed analysis of financials, strategy, products, and recent developments of the leading companies in the European building information modelling market.

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