Quick Overview of the UAE Building Information Modeling Software Market Analysis
The UAE Building Information Modeling Software Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present future market dynamics.
Detailed Analysis of UAE Building Information Modeling Software Industry (2022-27): Reveals Further Growth Market Expansion
According to the most recent study, 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. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2022-27.
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Key Driver: 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.
UAE Building Information Modeling Software Market Segmentation Analysis
-By Deployment Mode
- On Premises
- Cloud-Based
-By Project Lifecycle
- Pre-Construction Design
- Construction
- Operation
- Renovation Retrofitting
-By Industry
- Residential
- Commercial
- Public Infrastructure
- Healthcare
- Sports Entertainment
- Industrial
- Oil Gas
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Geographical Analysis:
-By Regions
- Al Dubai
- Abu Dhabi
- Sharjah
- Others (Fujairah, Ajman and Umm-AL Quwain)
Key Players and Competitive Strategies in the UAE Building Information Modeling Software Market
The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:
- Autodesk Inc.
- Nametschek Group
- Bentley Systems Incorporated
- Trimble Inc.
- Dassault Systems
- RIB Group
- Asite
- Aveva Group plc
- Hexagon
- Archidata Inc.
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Key Report Highlights
- Market Dimensions Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
- How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2022-27?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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