Description
The building information modeling market size was valued at USD 4.5 Billion in 2020 and projected to reach USD 12.11 Billion by 2027, growing at a CAGR of 15.2% during the forecast period, 2020-2027.
Governments carry out policies and regulations to deploy information modeling solutions in developing private and public infrastructure across various regions. This is anticipated to divide the building information modeling market growth in the forecast period.
Moreover, enhanced data communication developed construction productivity and increased infrastructure projects, which propel the global building information modeling market in the upcoming years.
