In-Depth Analysis of the UAE Building Information Modeling Software Market: 2022-2027 Forecasts
MarkNtel Advisors has recently released an in-depth study on the UAE Building Information Modeling Software Market, covering historical data, current market trends, marketing strategies, technological advancements, upcoming technologies, emerging opportunities, and technical advancements in the relevant industry.
What are the primary market insights shaping the trajectory of the industry?
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.
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Who are the top companies in the UAE Building Information Modeling Software Market?
- 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 Segmentation:
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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Regional/ Countries Insight:
- Al Dubai
- Abu Dhabi
- Sharjah
- Others (Fujairah, Ajman and Umm-AL Quwain)
What are the primary market drivers influencing the growth of UAE Building Information Modeling Software Market?
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.
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Gain a Competitive Edge with Market Research Report
- The UAE Building Information Modeling Software Market Report by MarkNtel Advisors offers a detailed analysis of the market size, growth rate, competitive landscape, and key players, allowing businesses to gain a comprehensive understanding of market dynamics.
- Businesses can utilize the report to identify emerging opportunities and potential challenges in the market by highlighting current trends and providing future projections.
- The insights provided in the report enable companies to align their strategies based on market forecasts, ensuring they can stay ahead of the competition and make informed decisions.
- Apart from market trends and projections, the UAE Building Information Modeling Software Market Report assists in assessing and mitigating risks associated with entering or operating in the market
- By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategic approaches to minimize risks and optimize their operations, enhancing their competitive edge in the market.
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