Building Information Modeling Market Forecast, 2016-2024 Building Information Modelling (BIM)-15th Nov | Page 2

The global BIM market was valued at $3.6 Billion in 2016 and
is projected to reach $18.8 billion by 2024, growing at a CAGR
of 22.9% from 2016 to 2024. In 2016, BIM Software segment
generated the highest revenue share of $ 2.7 billion growing at
a CAGR of 23.4% in the global BIM market. Among major
regions, North America is currently leading the BIM market
with the revenue of $1.07 billion, however, Europe and Asia
Pacific would surpass the North American market by 2021.
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