flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

BIM market value to hit $6.5 billion by 2020

BIM market value to hit $6.5 billion by 2020

Sales of BIM software and services are expected to grow at a compound annual rate of 17.3%, to a market value of $6.5 billion in 2020.


By Posted by BD+C Staff | January 2, 2013

The global market for building information modeling products and services for 2012 was predicted to hit $1.8 billion, according to market intelligence firm Pike Research (now part of Navigant). Sales of BIM software and services—such as training, support, and project management—are expected to grow at a compound annual rate of 17.3%, to a market value of $6.5 billion in 2020.

Related Stories

| Dec 9, 2014

ABC economist predicts continued construction industry growth in 2015

In his latest report, ABC's Chief Economist Anirban Basu forecasts nonresidential construction spending to expand by roughly 7.5% next year, led by the power, lodging, office, and manufacturing sectors.

| Dec 8, 2014

How brick and mortar enables online retail

According to a shopping preferences study conducted by A.T. Kearney, as many as two-thirds of shoppers go to a physical store before or after making an online purchase, writes Gensler's Jill Nickels.

| Dec 8, 2014

The year’s boldest BIM/VDC themes

High-speed rendering software, custom APIs, virtual reality tools, and BIM workflow tips were among the hottest BIM/VDC topics in 2014. 

| Dec 8, 2014

AEC firms upbeat about financial results, 2015 looking rosier [exclusive BD+C survey]

The market outlook is brighter for U.S. architecture, engineering, and construction companies, with a majority of AEC firms reporting higher revenues, strong forecasts, and sound financial health, according to BD+C's annual Market Forecast Survey. 

| Dec 8, 2014

The global sanitation crisis leads to 2.5 million deaths every year

When we see the incredible technology being produced by global plumbing manufacturers, it’s hard to conceive why no viable technical solution to the global sanitation issue has come forth, writes BD+C's Robert Cassidy.

| Dec 8, 2014

Moshe Safdie wants to reinvent airports with Jewel Changi Airport addition

A new addition to Singapore's Changi Airport, designed by Moshe Safdie, will feature a waterfall and extensive indoor gardens.

| Dec 6, 2014

Future workplace designs shouldn’t need to favor one generation over another, says CBRE report

A new CBRE survey finds that what Millennials expect and need from offices doesn’t vary drastically from tenured employees.

| Dec 5, 2014

Plotting on the go: 3D-printed mechanical compass can print CAD drawings with high precision

Design student Ken Nakagaki has adapted a device to work with CAD software to replicate digital files on paper.

Sponsored | | Dec 5, 2014

New construction outlook report projects growth in 2015

A new 2015 construction outlook report predicts that total U.S. construction starts for 2015 will rise 9% to $612 billion. SPONSORED CONTENT

boombox1
boombox2
native1

More In Category



Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 


halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021