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North America has established itself as the dominating region in the global building information modelling (BIM) market and is expected to contribute the highest share of 38.92% in 2024. This can be attributed to the strong presence of leading BIM solution providers and early adoption of BIM practices across major end-use industries such as construction, architecture and engineering in the region. Countries like the U.S. and Canada have seen widespread implementation of BIM over the last decade, driven by efforts to streamline documentation, improve collaboration and reduce project cycle times. Several regulatory mandates introduced in the U.S. particularly have boosted demand and usage of BIM solutions. Furthermore, the region is also a hub for technological innovation which has consistently generated new BIM-enabled applications and platforms.
The Asia Pacific region has emerged as the fastest growing market for building information modelling globally and is expected to contribute the highest CAGR of 17.92% in 2024. Rapid urbanization and infrastructure development initiatives across developing nations have opened up significant opportunities for BIM solution providers. Countries like China, India, Singapore and Australia are seeing rising infrastructure expenditure, which is prompting construction companies and owners to adopt advanced digital technologies for planning, designing and managing building lifecycles. This has contributed to the burgeoning demand for BIM and attracted many global players to expand their presence. Importantly, governments in the region have also started recognizing the potential of BIM for achieving quality, efficiency and sustainability targets in the construction sector. For instance, regulations in China now require BIM usage on major state-funded projects.
Building Information Modelling Market Report Snapshots
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