#Building #Information #Modelling #Market #Size #projected
New York, United States, Oct. 13, 2022 (GLOBE NEWSWIRE) — The global Building Information Modelling platform is witnessing a surge due to the growing migration towards urban areas has increased the number of infrastructure projects. Further, the rising foreign direct investments in the emerging nations have bolstered industrialization together with the Building Information Modelling market. Additionally, the favoring government regulations that have led to the mandatory adoption of the BIM software in most of the countries are anticipated to have a positive impact on the market.
Further, the growing utilization of Augmented Reality and Virtual Reality technologies, IoT to design green buildings has fostered the growth of the Building Information Modelling market. However, the high cost of investment and the slower adoption of technology in the construction sector has hampered the growth of the market.
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Report Scope
| Report Metric | Details |
| Market Size | USD 11.97 billion by 2030 |
| CAGR | 11% (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Offering, Project Life Cycle, Application, End-User, Regions |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and the Rest of the World |
| Key Companies Profiled/Vendors | Autodesk(the U.S.), Nemetschek (Germany), Bentley Systems(the U.S.), Trimble(the U.S.), DassaultSystèmes (France), Rib Software (Germany), Asite (the U.K.), Aveva (the U.K.), Hexagon (Sweden), Archidata (Canada), Acca Software (Italy), Arcadiasoft(the U.S.), Procore Technologies(the U.S.), Concora(the U.S.), Pöyry (Finland), Beck Technology(the U.S.), Computers and Structures(the U.S.), Robert McNeel&… |
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