UAE Building Information Modeling Software Market Analysis 2027 - Unveiling Size, Share, Growth, Trends, and Industry Insights
MarkNtel Advisors recently published a detailed industry analysis of the UAE Building Information Modeling Software Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UAE Building Information Modeling Software Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The UAE Building Information Modeling Software Market is projected to grow at a CAGR of around 22.5% during the forecast period, i.e., 2022-27.
What are the major Driver the UAE Building Information Modeling Software industry?
Increasing Government Mandates for Building Information Modeling (BIM) Adoption- Various initiatives by the UAE government toward promoting the adoption of BIM technology have served as an added push to its increased demand in the country. The market witnessed modest growth during 2017-19 due to the rise in government mandates for BIM usage across Dubai, coupled with the rapidly expanding construction industry across the country. In 2015, Dubai Municipality issued Circular No. 207 that mandated using BIM solutions in Dubai's architectural & mechanical work for buildings above 20 floors & with areas larger than Dubai Municipality. Abu Dhabi Municipality announced the adoption of BIM technology for all the construction projects to explore innovative solutions for improving costs, timelines, & overall efficiency. Later in June 2019, the Dubai Road & Transport Authority (RTA) transformed its asset management processes into a BIM-enabled system. Hence, all these events indicate that the utilization of BIM solutions in the country shall continue surging significantly in the coming years.
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What segments define the UAE Building Information Modeling Software Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Deployment Mode
- On Premises
- Cloud-Based
According to report, The Cloud-based deployment type dominated the market during the historical period, owing to its cost-effectiveness and easy accessibility.
By Project Lifecycle
- Pre-Construction Design
- Construction
- Operation
- Renovation & Retrofitting
According to report, Of them all, Building Information Modeling (BIM) solutions are used extensively during the Pre-Construction Designing phase of buildings once 3D modeling gets prepared & the flow of the entire building gets decided.
By Industry
- Residential
- Commercial
- Public Infrastructure
- Healthcare
- Sports & Entertainment
- Industrial
- Oil & Gas
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Geographical Analysis: UAE Building Information Modeling Software Market
By Region
- Al Dubai
- Abu Dhabi
- Sharjah
- Others (Fujairah, Ajman and Umm-AL Quwain)
UAE Building Information Modeling Software Market Share & Competitive Landscape:
The UAE Building Information Modeling Software Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the UAE Building Information Modeling Software Market are:
- Autodesk Inc.
- Nametschek Group
- Bentley Systems Incorporated
- Trimble Inc.
- Dassault Systems
- RIB Group
- Asite
- Aveva Group plc
- Hexagon
- Archidata Inc.
UAE Building Information Modeling Software Market Industry Recent Development:
- In December 2021, Autodesk Inc. announced to acquire ProEst, a cloud-based estimating solution that generates detailed proposals & reports, manages bid-day processes, and performs digital take-offs. The acquisition would empower construction teams to manage their critical workflows on a single platform and strengthen Autodesk Construction Cloud’s preconstruction offerings.
- In March 2021, Autodesk, Inc. announced the launch of Autodesk Takeoff, which helps estimators perform 2D & 3D quantification workflows from a common data environment to increase collaboration, speed, & accuracy during the estimation process.
Questions Addressed in this Study
1.What factors are driving the UAE Building Information Modeling Software Market growth?
2.How is the UAE Building Information Modeling Software Market expected to grow over the next five years?
3.What are the key insights into the current trends in the UAE Building Information Modeling Software Market?
4.What is the current size of the UAE Building Information Modeling Software Market, and how is it projected to change in the future?
6.What is the future outlook for the UAE Building Information Modeling Software Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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