Middle East Building Information Modelling Market Seen Soaring 7.6% Growth by 2030, Projects Univdatos Market Insights
Author: Vikas Kumar
17 November 2023
Key Highlights of the Report:
- The government of the UAE and other countries in the region are promoting the adoption of BIM technology through various initiatives, such as the Dubai 3D Model project and the Smart City Accelerators program. These initiatives are expected to drive the growth of the BIM market in the region.
- The growing infrastructure development in the region, particularly in Dubai and Abu Dhabi, is driving the demand for BIM technology. The adoption of BIM technology in infrastructure projects is expected to increase in the coming years.
- The adoption of smart building technologies, such as IoT and cloud computing, is increasing in the region, and BIM is often used as a tool to integrate these technologies into building design and construction. This is expected to drive the growth of the BIM market in the region.
- The growing demand for energy-efficient buildings in the region is driving the adoption of BIM technology, which can help optimize building design and construction for energy efficiency. This is expected to drive the growth of the BIM market in the region.
- The use of open BIM standards, such as IFC, is increasing in the region, and this is expected to drive the growth of the BIM market in the region. Open BIM standards enable the exchange of data between different software applications, which can improve collaboration and reduce costs in building design and construction.
According to a new report by Univdatos Market Insights, The Middle East Building Information Modelling Market was valued at 450 million in 2022 and is expected to grow at a steady rate of around 7.6% in the forecasted period (2023-2030) owing to the growing demand for sustainable and energy-efficient buildings. Building Information Modelling (BIM) is a digital representation of the physical and functional characteristics of a building or infrastructure project. It is a 3D model-based process that allows architects, engineers, contractors, and owners to collaborate and share information throughout the entire lifecycle of a project. The Middle East BIM market is rapidly growing due to the increasing use of digital technologies in the construction industry, and the need for improved collaboration and communication between stakeholders in the construction process.
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The growing demand for sustainable and energy-efficient buildings in the Middle East is driving the adoption of BIM technology in the region. BIM can help optimize building design and construction for energy efficiency, improve sustainability, improve collaboration, and improve compliance with sustainability standards and regulations.
Some of the recent developments are:
- In 2022, the Saudi Arabian government announced a new initiative to promote the adoption of BIM technology in the country. The initiative aims to provide training and support to architects, engineers, and construction professionals who are adopting BIM technology.
- In 2019, global engineering and infrastructure firm AECOM and software company Autodesk announced a partnership to promote the adoption of BIM technology in the Middle East. The partnership aims to help clients in the region optimize building design and construction for energy efficiency and sustainability.
- In 2019, software company Autodesk and IT services company GITC announced a collaboration to promote the adoption of BIM technology in the Gulf Cooperation Council (GCC) region. The collaboration aims to provide training and support to clients in the region who are adopting BIM technology.
Conclusion
The BIM market in the Middle East region is expected to continue to grow in the coming years, driven by government initiatives, increasing awareness, and the adoption of BIM technology in the construction industry. The market is characterized by a mix of international and local players, with a growing number of local players entering the market offering innovative BIM solutions and services tailored to the specific needs of the region.
Key Offerings of the Report
Market Size, Trends, & Forecast by Revenue | 2023−2030
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by offerings and applications
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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