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Tag: Building Information Modeling Market Size

Building Information Modeling Market Report 2021; Industry Scope, Drivers, Key Players, Revenue Growth and Competitive Outlook by 2026

Press Release
According to IMARC Group's latest report, titled “Building Information Modeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global building information modeling market size reached US$ 6.0 Billion in 2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of 14.5% during 2021-2026. Building information modeling (BIM) refers to a 3D model-based software that provides critical insights and tools to architecture, engineering, and construction. Read More>>

Key Developments in Building Information Modeling Market

Press Release
The building information modeling (BIM) market size is projected to grow from USD 4.5 billion in 2020 to USD 8.8 billion by 2025, at a compound annual growth rate (CAGR) of 14.5%. Rising urbanization and infrastructure projects, growing benefits offered by BIM for the AEC industry, and increasing government mandates for BIM adoption are among the factors driving the growth of the BIM market. Software likely to account for a. Read More>>

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