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Exploring the Different Types of Building Information Modelling

The global Building Information Modelling (BIM) market size was USD 6.00 Billion in 2021 and register a revenue CAGR of 12.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for Virtual Reality (VR) or Augmented Reality (AR) in building construction and compulsory adoption of BIM due to government mandates in various countries are key factors driving global building information modelling market revenue growth.

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Exploring the Different Types of Building Information Modelling

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  1. Building Information Modelling Market Size Worth USD 16.93 Billion in 2030 www.emergenresearch.com Rising demand for Virtual Reality (VR) or Augmented Reality (AR) in building construction and mandatory adoption of Building Information Modelling (BIM) software in public infrastructure projects due to government directives in various countries are driving global BIM market revenue growth

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  3. Market Summary The global Building Information Modelling (BIM) market size was USD 6.00 Billion in 2021 and register a revenue CAGR of 12.3% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for Virtual Reality (VR) or Augmented Reality (AR) in building construction and compulsory adoption of BIM due to government mandates in various countries are key factors driving global building information modelling market revenue growth. VR software enables Architecture, Engineering, Construction (AEC) professionals to visualize the BIM model in a realistic setting. BIM software provides useful tools for visualizing a building\'s logistical issues and construction impact. Construction managers can predict the installment of construction machinery by observing BIM models. Architects and engineers can use 3D modeling, in identifying space difficulties, collisions, and constraints in design. Compulsory adoption of BIM due to government mandates in various countries has led to growing demand for BIM software. AEC professionals around the world are widely using BIM software for designing, planning, and 3D modeling construction projects. AEC professionals in China and several companies have integrated policies for adoption of BIM for growth and digitization. Similarly, countries such as UAE have made BIM mandatory for all projects that are 300,00 sq. ft. and larger or 40-stories and higher. Read More : https://www.emergenresearch.com/industry-report/building-information-modelling-market www.emergenresearch.com

  4. Market Summary • Some Key Highlights from the Report • On 21 October 2019, Bentley Systems, Incorporated, announced new additions and fresh updates to its applications for open modeling and simulation to advance engineering digital twins throughout asset lifecycles. Its open applications enable collaborative, automated, and iterative digital workflows across various infrastructure projects. The new digital twin cloud services can contribute to extending business values throughout construction and operations phases of infrastructure projects • The planning & modelling segment revenue is expected to account for largest revenue share over the forecast period. This is due to availability of a wide number of BIM tools that can facilitate integrated planning and modeling and increasing adoption of BIM in large-scale projects, which has been made mandatory by governments of various countries. • The software segment revenue is expected to account for largest revenue share over the forecast period. This is due to growing demand for BIM software in the AEC industry and surge in demand for BIM software in large construction projects for the purpose of streamlining various construction activities and facilitate better collaboration among stakeholders. • Request Free Sample @ https://www.emergenresearch.com/request-sample/1121 www.emergenresearch.com

  5. Market Summary • Emergen Research has segmented the global building information modelling market based on deployment, component, project lifecycle, application,and region: • Deployment Outlook (Revenue, USD Billion, 2019–2030) • On Premises • Cloud • Component Outlook (Revenue, USD Billion, 2019–2030) • Software • Services • Project Lifecycle Outlook (Revenue, USD Billion, 2019–2030) • Preconstruction • Construction • Operation • Application Outlook (Revenue, USD Billion, 2019–2030) • Planning & Modelling • Construction & Design • Asset Management • Building System Analysis & Maintenance Scheduling • Others • Request customization @ https://www.emergenresearch.com/request-for-customization/1121

  6. MARKETSEGMENTATION www.emergenresearch.com

  7. Regional Share Dynamics www.emergenresearch.com

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