PR1 Building Information Modeling Market

1. Global Building Information Modeling Market Inclinations And Development Status Highlighted During Forecast Period Analysis of Global Building Information Modeling Market by Research Nester Reveals Market to Expand with a CAGR of 13.8% during 2025-2037, Reaching USD 49.9 billion by the end of 2037 Research Nester assesses the growth and size of the global building information modeling market, driven by the rising smart cities across the globe and increasing investments in research and development activities. Research Nester’s recent market research analysis on “Global Building Information Modeling Market: Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2037" provides an in-depth competitor analysis and a comprehensive overview of the Global Building Information Modeling market, segmented by type, application, end use, and region. Increasing Demand for Efficient Construction Processes to Boost Market Growth During the Forecast Period Rapid urbanization across the globe and increasing building and construction activities have resulted in the growing popularity of building information modeling solutions. The market is expected to register significant revenue growth during the forecast period owing to high demand for effective and sustainable construction processes. BIM helps reduce the overall project costs by minimizing design errors, waste, and also rework. In addition, many countries have BIM mandates for large-scale public infrastructure projects to enhance transparency and efficiency. This is expected to boost the sales of advanced BIM solutions in the coming years. Key Drivers and Challenges Influencing the Smart Water Meter Market Growth Drivers: •Rapid urbanization and rising infrastructure developments •Rising investments in research and development activities •High adoption of advanced BIM software and services for industrial and residential buildings Challenges:

2. •High initial investments required for developing and deploying BIM software •Limited awareness and adoption of building information modeling solutions in emerging economies. Access our detailed report at:https://www.researchnester.com/reports/building- information-modeling-market/3219 Based on type, the global market is segmented into services and software. Among these, the software segment is expected to register significant growth during the forecast period owing to rising digital transformation in the building and construction sector and the high adoption of advanced BIM software for industrial and residential buildings. Among the regions, Europe is likely to account for a steady revenue CAGR between 2025 and 2037. This growth can be attributed to rising urbanization, government mandates on the usage of public infrastructure projects, and high focus on sustainable and green construction. The adoption of building information modeling has drastically increased in many European countries due to rising large-scale projects such as smart cities, airports, and railways. In addition, leading companies are investing in R&D activities to develop and launch advanced BIM solutions. This is also expected to drive market growth during the forecast period. Customized report@ https://www.researchnester.com/customized-reports-3219 Trimble Inc., Autodesk Inc., Dassault Systèmes SE, Pinnacle Infotech, Skanska AB, AVEVA Group plc, BechtelCorporation, LOD Planner Inc., Robert McNeel & Associates, and Bouygues S.A are some key players operating in the global building information modeling market. These key players are focused on adopting several strategies such as mergers and acquisitions, partnerships, collaborations, and product launches to enhance their product base and maintain their global position. Consult our expert analysts at: info@researchnester.com or contact us at: https://www.researchnester.com/contact for any customized report. Request Report Sample@ https://www.researchnester.com/sample-request-3219 Research Nester Analytics is a leading service provider for strategic market research and consulting. We provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives make informed decisions regarding future marketing strategy, expansion, and investments. We believe every business can expand its horizon with the

3. right guidance at the right time. Our out-of-the-box thinking helps clients navigate future uncertainties and market dynamics. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919