Global market for BIM was valued at $8.1 billion in 2022 and will reach $14.6 billion by 2028, at a compound annual growth rate (CAGR) of 11.3% during the forecast period 2023-2028.
The Global Building Information Modeling (BIM) market is experiencing a transformative phase, marked by a commendable Compound Annual Growth Rate (CAGR) of 11.3% for the forecast period of 2023-2028. Government initiatives promoting BIM, the burgeoning construction industry, and the integration of advanced technologies are driving this growth. Key industry players such as Autodesk, Bentley Systems, and Trimble are pivotal in shaping the market landscape. BIM's role in optimizing project management, reducing errors, and enhancing collaboration underscores its indispensability in the evolving architecture, engineering, and construction (AEC) sector. As BIM becomes increasingly integral to global construction practices, its trajectory reflects a dynamic market poised for sustained expansion in current and future trends.
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