Building Information Modeling Market Forecast, 2016-2024 Building Information Modelling (BIM)-15th Nov | Page 6

North America Leads The BIM Market With Market Share Of
Nearly 35% In 2016
North America is leading the global BIM market with the revenue
share of $1.07 billion in 2015. The stabilized and settled
constructions of residential and commercial buildings is a major
reason for the market growth. Growing awareness about the
benefits of BIM among the constructors and contractors in North
America is also working as a key driving factor for the North
American market.
The European market is expected to hold the second largest
market share during the forecast period. Commercial segment is
the largest application area for BIM in Europe; however,
infrastructure is expected to witness the fastest growth.
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