Global BIM and Digital Twin for Built Environment Growth Opportunities
The Dynamic Duo will Transform the Future of Digital Building Life Cycle Management
06-Jul-2023
Global
Market Research
BIM and digital twin are complementary technologies transforming the AEC industry by enabling collaborative design, improving project efficiency, and enhancing asset performance. BIM provides a comprehensive 3D modeling and data management platform, while digital twin extends it with data integration, optimization, simulation, and 3D virtual experience capabilities. Together, these technologies empower stakeholders to plan, design, build, and operate buildings and infrastructure more intelligently and efficiently.
Frost & Sullivan has segmented the overall BIM and digital twin market based on end-user verticals, including commercial, industrial, residential, infrastructure, and others (public administration buildings, educational institutions, and healthcare buildings). The geographies the study covers are North America, Europe, Asia-Pacific, and Rest of World.
For BIM, the study includes the software and services used to create virtual 3D static models of built environments, enabling collaboration and visualization of these environments’ design and construction.
For digital twin, the study includes software and services that create dynamic and digital replicas of physical building assets, such as heating, ventilation, and air conditioning (HVAC), lighting, and fire safety and security systems, elevators, escalators, manufacturing industries’ equipment, and water and wastewater industries’ equipment. The platform combines real-time spatial, occupancy, assets, and environmental data with analytics, converting building data into building intelligence and supporting decision-making for overall building performance optimization and building life cycle management. Some digital twin applications included in the study are data orchestration, building performance simulation, immersive 3D experiences, climate resilience analysis, and financial risk assessment for built environments.
The study captures BIM and digital twin revenue from buildings’ preconstruction phase to the operational phase. It does not cover the construction management software used exclusively for project bidding, financial planning, project scheduling, field operations, or quality control. However, if these features are included with BIM and digital twin software, their revenue is covered.
Key Issues Addressed
- What key growth opportunities can market participants leverage to continue their double-digit growth during the forecast period?
- What are the challenges and strategic imperatives for BIM and digital twin market participants?
- How have BIM and digital twin technologies evolved?
- What is the global and regional market share of the leading BIM and digital twin companies?
- What do the regional opportunity and regional competitive landscape look like?
Author: Anirudh Bhaskaran

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the BIM and Digital Twin Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
End-user Segmentation
BIM and Digital Twin: Roadmap and Maturity Levels
Top Performers and Emerging Innovators
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Product
Revenue Forecast by End-user Vertical
Revenue Forecast by Region
Revenue Forecast Analysis
Global BIM Mandates
Competitive Environment
Revenue Share and Analysis
Digital Asset Life Cycle Management: Competitive Landscape
Autodesk
Bentley
Glodon
Planon
Siemens
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Forecast Analysis
Revenue Share and Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Forecast Analysis
Revenue Share and Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Forecast Analysis
Revenue Share and Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Forecast Analysis
Revenue Share and Analysis
Growth Opportunity 1: Digital Twin-enabled Metaverses
Growth Opportunity 1: Digital Twin-enabled Metaverses (continued)
Growth Opportunity 2: High-growth Regions
Growth Opportunity 2: High-growth Regions (continued)
Growth Opportunity 3: Cocreation and Collaboration
Growth Opportunity 3: Cocreation and Collaboration (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer

- BIM and Digital Twin: Growth Metrics, Global, 2022
- BIM and Digital Twin: Growth Drivers, Global, 2023-2028
- BIM and Digital Twin: Growth Restraints, Global, 2023-2028
- BIM and Digital Twin: Revenue Forecast, Global, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Product, Global, 2020-2028
- BIM and Digital Twin: Revenue Forecast by End-user Vertical, Global, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Region, Global, 2020-2028
- BIM and Digital Twin: Revenue Share of Top Participants, Global, 2022
- BIM and Digital Twin: Revenue of Top Participants, Global, 2022
- BIM and Digital Twin: Growth Metrics, North America, 2022
- BIM and Digital Twin: Revenue Forecast, North America, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Product, North America, 2020-2028
- BIM and Digital Twin: Revenue Share of Top 5 Participants, North America, 2022
- BIM and Digital Twin: Revenue of Top 5 Participants, North America, 2022
- BIM and Digital Twin: Growth Metrics, Europe, 2022
- BIM and Digital Twin: Revenue Forecast, Europe, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Product, Europe, 2020-2028
- BIM and Digital Twin: Revenue Share of Top 5 Participants, Europe, 2022
- BIM and Digital Twin: Revenue of Top 5 Participants, Europe, 2022
- BIM and Digital Twin: Growth Metrics, Asia-Pacific, 2022
- BIM and Digital Twin: Revenue Forecast, Asia-Pacific, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Product, Asia-Pacific, 2020-2028
- BIM and Digital Twin: Revenue Share of Top Participants, Asia-Pacific, 2022
- BIM and Digital Twin: Revenue of Top 5 Participants, Asia-Pacific, 2022
- BIM and Digital Twin: Growth Metrics, RoW, 2022
- BIM and Digital Twin: Revenue Forecast, RoW, 2020-2028
- BIM and Digital Twin: Revenue Forecast by Product, RoW, 2020-2028
- BIM and Digital Twin: Revenue Share of Top Participants, RoW, 2022
- BIM and Digital Twin: Revenue of Top 5 Participants, RoW, 2022
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Impacting your company's future growth potential.
Key Issues Addressed
- What key growth opportunities can market participants leverage to continue their double-digit growth during the forecast period
- What are the challenges and strategic imperatives for BIM and digital twin market participants
- How have BIM and digital twin technologies evolved
- What is the global and regional market share of the leading BIM and digital twin companies
- What do the regional opportunity and regional competitive landscape look like
Author: Anirudh Bhaskaran
Deliverable Type | Market Research |
---|---|
Author | Anirudh Bhaskaran |
Industries | Environment |
No Index | No |
Is Prebook | No |
Keyword 1 | Digital Twin Technology |
Keyword 2 | Bim Digital Twin |
Keyword 3 | Building Digital Twin |
List of Charts and Figures | BIM and Digital Twin: Growth Metrics, Global, 2022~ BIM and Digital Twin: Growth Drivers, Global, 2023-2028~ BIM and Digital Twin: Growth Restraints, Global, 2023-2028~ BIM and Digital Twin: Revenue Forecast, Global, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Product, Global, 2020-2028~ BIM and Digital Twin: Revenue Forecast by End-user Vertical, Global, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Region, Global, 2020-2028~ BIM and Digital Twin: Revenue Share of Top Participants, Global, 2022~ BIM and Digital Twin: Revenue of Top Participants, Global, 2022~ BIM and Digital Twin: Growth Metrics, North America, 2022~ BIM and Digital Twin: Revenue Forecast, North America, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Product, North America, 2020-2028~ BIM and Digital Twin: Revenue Share of Top 5 Participants, North America, 2022~ BIM and Digital Twin: Revenue of Top 5 Participants, North America, 2022~ BIM and Digital Twin: Growth Metrics, Europe, 2022~ BIM and Digital Twin: Revenue Forecast, Europe, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Product, Europe, 2020-2028~ BIM and Digital Twin: Revenue Share of Top 5 Participants, Europe, 2022~ BIM and Digital Twin: Revenue of Top 5 Participants, Europe, 2022~ BIM and Digital Twin: Growth Metrics, Asia-Pacific, 2022~ BIM and Digital Twin: Revenue Forecast, Asia-Pacific, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Product, Asia-Pacific, 2020-2028~ BIM and Digital Twin: Revenue Share of Top Participants, Asia-Pacific, 2022~ BIM and Digital Twin: Revenue of Top 5 Participants, Asia-Pacific, 2022~ BIM and Digital Twin: Growth Metrics, RoW, 2022~ BIM and Digital Twin: Revenue Forecast, RoW, 2020-2028~ BIM and Digital Twin: Revenue Forecast by Product, RoW, 2020-2028~ BIM and Digital Twin: Revenue Share of Top Participants, RoW, 2022~ BIM and Digital Twin: Revenue of Top 5 Participants, RoW, 2022~ |
Podcast | No |
WIP Number | PEAD-01-00-00-00 |