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The building information modeling market size is forecast to increase by USD 8.06 billion at a CAGR of 18.51% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The shift towards remote work and the work-from-home model has accelerated the adoption of cloud-based BIM solutions. Rising urbanization and infrastructure development in the US necessitate advanced project planning and risk management tools, making BIM an essential technology. Despite the construction industry's low digitization rate, the implementation of BIM is becoming increasingly crucial for managing complex projects and enhancing data management. Building management systems and facility management systems can be integrated with BIM models, enabling intelligent buildings with HVAC, lighting, security, sensors, and other systems. The integration of Internet of Things (IoT) sensors and digital twins in BIM solutions further improves project visualization and real-time monitoring.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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