The recent report by Markntel Advisors on UAE Building Information Modeling Software Market Size, Share, Analysis Future and forecast 2022-2027 promises trustworthy, objective, and precise insights into the market with the addition of accurate and reliable data explaining and briefing about the elements of the industry. The diverse fragmentation of the industry is handled by investigating each element, segment-wise, region-wise, and more, to comprehend a detailed and systematic report to provide the stakeholder with all the various tools and details of the industry.

The researchers analyze the collected data and present an understanding of the flow of the market. Through various subdivisions, the report aims to declutter all the trends and factors fueling the market’s growth. The report is a systematical, chapter-wise thesis of multiple segments, areas, characteristics, environmental or regional influence, and other factors involved in the overall growth and establishment of the industry. By dividing the market into chapters, the analysts present the report more straightforwardly to point out all the minute details of the industry and how it influences other factors.

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The Key Elements Covered in UAE Building Information Modeling Software Market Report:

  • The report tracks and covers the regions where the market is partially and majorly active. Geographically, the market focuses on the place of manufacture, raw material extraction to the area where the products consumers are based, to be the regional expansion of the industry. To track and forecast the market size, the geographically dominant region in the industry, concerning the central areas covered.
  • The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following significant pillars of the industry’s study, Market Drivers, Market Restraints, Growth Opportunities, Challenges
  • A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic. 
  • Elaborated information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more. 

Market Dynamics

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.

Possible Restraint: High Initial Costs Associated with BIM Solutions

There are many benefits & cost savings associated with BIM solutions. However, the initial expenditure, which includes education & training about BIM software, management & start-up costs, and transition & behavioral prices, is very high. BIM implementation requires specific software & data storage that costs a significant amount to a company. For instance, the cost of Autodesk’s Revit software ranges between USD3500 & USD4500, which is a barrier to small firms. Hence, the high initial capital associated with BIM solutions might act as a significant growth challenge to the market in the coming years.

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A Window into What Competitors Are Doing

The report comprises of detailed study of the steps, products, changes, marketing strategies, sustainability tactics, mergers, acquisition, and more which has shaped the industry and affected the market. The report showcases various elements to explain the dominance of competitors and the market, including:

  • Recent developments
  • Risk & SWOT analysis
  • Mergers and acquisition
  • Performance 
  • Services offered

In the case of the UAE Building Information Modeling Software market, the market participants include:

-Autodesk Inc.

-Nametschek Group

-Bentley Systems Incorporated

-Trimble Inc.

-Dassault Systems

-RIB Group

-Asite

-Aveva Group plc

-Hexagon

-Archidata Inc.

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Dividing The UAE Building Information Modeling Software Market into Sections:

The report covers the bifurcations of the industry group based on a common element, on which further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments as follows:

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

By Regions

-Al Dubai

-Abu Dhabi

-Sharjah

-Others (Fujairah, Ajman and Umm-AL Quwain)

Offers and Customizations of UAE Building Information Modeling Software Market Report

For a personalized and customized research report on the UAE Building Information Modeling Software Market, kindly contact Markntel Advisors. The analysts and researchers focus on providing accurate information, beneficial tools, and further insights into the industry to yield higher profits.

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ABOUT US:

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 & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market

Seg mentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

 

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

 

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