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Building Information Modelling (BIM) Market size worth $ 17.69 Billion, Globally, by 2030 at 12.60% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, November 7, 2023

JERSEY CITY, N.J., Nov. 7, 2023 /PRNewswire/ -- The Global Building Information Modelling (BIM) Market is projected to grow at a CAGR of 12.60 % from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.08 Billion in 2022 and is expected to reach USD 17.69 Billion by the end of the forecast period.

Key Points: 
  • The " Global Building Information Modelling (BIM) Market Size By Application, By End-User, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Building Information Modelling (BIM) Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modelling (BIM) Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Building Information Modelling (BIM) Market into Application, End-User, And Geography.

Building Information Modelling (BIM) Market size worth $ 17.69 Billion, Globally, by 2030 at 12.60% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, November 7, 2023

JERSEY CITY, N.J., Nov. 7, 2023 /PRNewswire/ -- The Global Building Information Modelling (BIM) Market is projected to grow at a CAGR of 12.60 % from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.08 Billion in 2022 and is expected to reach USD 17.69 Billion by the end of the forecast period.

Key Points: 
  • The " Global Building Information Modelling (BIM) Market Size By Application, By End-User, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Building Information Modelling (BIM) Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modelling (BIM) Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Building Information Modelling (BIM) Market into Application, End-User, And Geography.

Global Smart Building (Safety, Security, Energy) Market Report 2023-2030: Optimizing Energy and Efficiency are the Driving Forces Behind Increased Deployments

Retrieved on: 
Tuesday, October 31, 2023

Governments of various countries are taking supportive initiatives for digitalization, and significantly launching projects of smart cities is propelling the market growth.

Key Points: 
  • Governments of various countries are taking supportive initiatives for digitalization, and significantly launching projects of smart cities is propelling the market growth.
  • Furthermore, the growing need among the commercial sector to optimize energy consumption, enhance operational efficiency, and automate processes has escalated the market growth.
  • The market for smart buildings is growing primarily as a result of the quickening pace of technological advancement.
  • For instance, in March 2023, ABB launched a new smart building management tool that allows emission reduction and significant energy savings.

Enterprise Asset Management Market to grow by USD 2.04 billion from 2022 to 2027, Growth Driven by increasing number of partnerships and acquisitions - Technavio

Retrieved on: 
Friday, September 8, 2023

The growing number of partnerships and acquisitions is a key factor driving market growth.

Key Points: 
  • The growing number of partnerships and acquisitions is a key factor driving market growth.
  • In addition, market participants may be able to develop cloud applications for Enterprise Asset Management, which will also extend their geographical reach across different regions.
  • Consequently, it is expected that more product-level innovation and increased demand for enterprise asset management solutions will be driven by a growing number of Strategic Partnerships and supplier acquisitions.
  • The potential growth difference for the enterprise asset management market from 2022 to 2027 is USD 2.04 billion.

AVEVA Opens Customer Experience Center in China to Strengthen Digital Transformation and Sustainability

Retrieved on: 
Wednesday, September 6, 2023

AVEVA , a global leader in industrial software, driving digital transformation and sustainability, has today announced the opening in Beijing of its latest Customer Experience Center (CEC).

Key Points: 
  • AVEVA , a global leader in industrial software, driving digital transformation and sustainability, has today announced the opening in Beijing of its latest Customer Experience Center (CEC).
  • The Center demonstrates AVEVA’s ongoing commitment to continued investment and growth in China and is the group’s fifth such technology hub globally.
  • The CEC also features a variety of industry-specific solutions including process dynamic simulation with AVEVA Extended Reality Solution, AVEVA E3D Design, AVEVA Enterprise Resource Management, AVEVA Asset Information Management, AVEVA PI System, AVEVA Predictive Analytics, AVEVA APC and AVEVA Process Optimization.
  • AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group or its subsidiaries in the United Kingdom and other countries.

EQS-News: Nemetschek Group Forms New Executive Leadership Team for its Next Phase of Growth

Retrieved on: 
Tuesday, September 5, 2023

Usman Shuja joins the Nemetschek Group as Chief Division Officer (CDO) of the Build & Construct Division and also serves as CEO of Bluebeam.

Key Points: 
  • Usman Shuja joins the Nemetschek Group as Chief Division Officer (CDO) of the Build & Construct Division and also serves as CEO of Bluebeam.
  • Also joining the company is Marc Nezet as Chief Strategy Officer (CSO) for the Nemetschek Group including M&A, Venture Investments and Strategic Partnerships.
  • Rodríguez also remains in charge of the new Digital Twin business unit, which represents an important cross-sectional function in the Nemetschek Group.
  • "With the ongoing transition of our business model to subscription and SaaS, the long-term growth drivers and the various innovations in our industry, the Nemetschek Group is at the beginning of a new phase of growth," explains Yves Padrines, CEO of the Nemetschek Group.

Building Information Modeling Market to grow by USD 8.42 billion from 2021 to 2026 | The rise in the work from home model drives the market - Technavio

Retrieved on: 
Friday, August 18, 2023

This extensive utilization of BIM software is set to propel the growth of the BIM market in the forecast period.

Key Points: 
  • This extensive utilization of BIM software is set to propel the growth of the BIM market in the forecast period.
  • Building Information Modeling Market 2022-2026: Company Analysis and Scope
    To help businesses improve their market position, the building information modeling market provides a detailed analysis of around 15+ vendors operating in the market.
  • Bentley Systems Inc.- The company offers building information modeling such as OpenBuildings Designer, Legion Model Builder, Legion Simulator, and Staad Pro.
  • One of the key factors driving growth in the 5-D building information modeling market is the advantages of 5-D BIM over previous versions.

Building Information Modeling (BIM) Software Market size worth $ 11.64 Billion, Globally, by 2027 at 19.41% CAGR: Verified Market Research®

Retrieved on: 
Friday, August 4, 2023

JERSEY CITY, N.J., Aug. 4, 2023 /PRNewswire/ -- The Global Building Information Modeling (BIM) Software Market is projected to grow at a CAGR of 19.41% from 2020 to 2027, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.82 Billion in 2019 and is expected to reach USD 11.64 Billion by the end of the forecast period.

Key Points: 
  • Several important reasons drive the building information modeling (BIM) software market, including:
    Growing Need for Infrastructure Development: As the world's population expands, there is an increasing demand for infrastructure development, which presents a sizable market opportunity for BIM products.
  • Market Outlook: The Building Information Modeling (BIM) Software Market is expected to grow rapidly over the upcoming years, with a good outlook.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modeling (BIM) Software Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Building Information Modeling (BIM) Software Market into Type, Application, And Geography.

Building Information Modeling (BIM) Software Market size worth $ 11.64 Billion, Globally, by 2027 at 19.41% CAGR: Verified Market Research®

Retrieved on: 
Friday, August 4, 2023

JERSEY CITY, N.J., Aug. 4, 2023 /PRNewswire/ -- The Global Building Information Modeling (BIM) Software Market is projected to grow at a CAGR of 19.41% from 2020 to 2027, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.82 Billion in 2019 and is expected to reach USD 11.64 Billion by the end of the forecast period.

Key Points: 
  • Several important reasons drive the building information modeling (BIM) software market, including:
    Growing Need for Infrastructure Development: As the world's population expands, there is an increasing demand for infrastructure development, which presents a sizable market opportunity for BIM products.
  • Market Outlook: The Building Information Modeling (BIM) Software Market is expected to grow rapidly over the upcoming years, with a good outlook.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modeling (BIM) Software Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Building Information Modeling (BIM) Software Market into Type, Application, And Geography.

Building Information Modeling Software Market to grow at a CAGR of 19.61% from 2022 to 2027|ABB Ltd., ACCA software Spa, AECOM, Asite Solutions Ltd., and more to emerge as key players- Technavio

Retrieved on: 
Friday, July 21, 2023

To understand more about the building information modeling software market, request a sample report

Key Points: 
  • To understand more about the building information modeling software market, request a sample report
    Key Drivers- The increasing requirements for large-scale project management is one of the key drivers supporting the building information modeling software market growth.
  • Major Trends- The growth of 5D BIM is one of the major building information modeling software market trends.
  • Significant Challenges- High implementation and operating costs are the significant challenges impeding the building information modeling software market growth.
  • These software packages are presented with numerous modules that can be utilized for different applications in the BIM software market.