Building Information Modeling Market Set to Reach $18.91 Billion by 2030 psmarketresearch.com

The building information modeling (BIM) market is projected to reach USD 18.91 billion by 2030, advancing at a robust CAGR of 15.1% during this decade. This growth is primarily attributed to rapid urbanization and population expansion, leading to increasing housing demands and a corresponding surge in the adoption of BIM solutions. Government investments and significant construction activities in developing economies further drive the industry’s expansion.