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

| Aug 20, 2013

Top Data Center Construction Firms [2013 Giants 300 Report]

DPR, Balfour Beatty, Holder head Building Design+Construction's 2013 ranking of the largest data center contractors and construction management firms in the U.S.

| Aug 20, 2013

What you missed: Last week's top construction market news

AIA, Gilbane, DBIA, and USGBC released major reports last week. Here's a roundup of the latest market news for the nonresidential construction industry. 

| Aug 20, 2013

First look: $550 million Billie Jean King National Tennis Center renovation

The United States Tennis Association has announced its plans for a sweeping transformation of the USTABillie Jean King National Tennis Center that will include the construction of two new stadiums, as well as a retractable roof over Arthur Ashe Stadium.  The transformation will be implemented in three phases to begin at the conclusion of the 2013 US Open, with the goal of overall completion by the 2018 US Open.

| Aug 19, 2013

The secret to creativity is… a messy desk?!

Anyone whose desk resembles a war zone can proudly cite a new scientific study that suggests a messy workspace may actually help people think more creatively and stimulate new ideas. 

| Aug 19, 2013

Discovery of hidden asbestos complicates DFW terminal renovations

The finding of more asbestos in Terminal B than expected, and the pending merger of US Airways and the airport’s largest tenant, American Airlines, is causing construction delays on a $2.3 billion Dallas/Fort Worth Airport terminal renovation.

| Aug 19, 2013

Integration of solar panels in building skin seen as key net-zero element

Recent high-profile projects, including stadiums in Brazil for the upcoming World Cup and Summer Olympics and a bank headquarters in the U.K., reflect an effort by designers to adopt building-integrated photovoltaics, or BIPV.

| Aug 16, 2013

Today's workplace design: Is there room for the introvert?

Increasingly, roaming social networks are praised and hierarchical organizations disparaged, as workplaces mimic the freewheeling vibe of the Internet. Research by Susan Cain indicates that the "openness" pendulum may have swung too far.

| Aug 16, 2013

$5,000 in prizes to be awarded at BD+C's U40 Leadership Summit

Do you have the next big idea for improving the performance of buildings and the built environment? BD+C's 3rd Annual U40 Leadership Summit is your chance to shine—and share in $5,000 in prizes. 

| Aug 15, 2013

Design-build project delivery holds steady at nearly 40% of nonresidential construction: DBIA study

The Design-Build Institute of America (DBIA), the only organization that defines, teaches and promotes best practices in design-build, has released research indicating that design-build project delivery represents nearly 40 percent of total market share in the United States, based on dollar value at the end of 2012. 

| Aug 15, 2013

What do LEED and black magic have in common? A project principal leverages PDFs to demystify it for us.

LEED has become a labyrinth of standards which requires a full-time translator and tour guide to navigate. Now with LEED v4 on the horizon, I’m curious to see if any progress has been made to make these standards more consumable and applicable to true innovations within the six areas of sustainability.

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