Please Check Out Our Free Sample Reports and Make a More Informed Decision: states Vantage Market Research, in a report, titled " Building Information Modeling (BIM) Market Size, Share & Trends Analysis Report by Deployment Type (On Premises Deployment, Cloud Deployment), by Offering Type (Software, Services), by Project Lifecycle (Pre-Construction, Construction, Operation), by Application (Buildings, Industrial, Civil Infrastructure, Oil & Gas), by End User (AEC Professionals, Consultants & Facility Managers, Other End Users), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)"
The Global Building Information Modeling (BIM) Market size is expected to reach USD 1,1172.5 Million by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. The market size stood at USD 5,721.4 Million in 2021. The increasing trend of IoT in the manufacturing and construction sector also with the increasing trend of BIM in organization standards to adopt ISO 19650 in the market act as a growth opportunity for the market players. WASHINGTON, J(GLOBE NEWSWIRE) - Growing adoption of working from home owing to COVID-19 and the recent rise in urbanization globally along with wide-ranging benefits of Building Information Modeling (BIM) Market realized by the AEC industry is contributing to the growth of the Building Information Modeling (BIM) Market.
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