Building Information Modeling Market Forecast, 2016-2024 Building Information Modelling (BIM)-15th Nov | Page 7

Building Information Modeling (Bim) Market Key Findings
 BIM market is expected to grow at a remarkable rate
owing to supportive government initiatives for mandating
the adoption of BIM software for construction projects.
 Software segment would continue to lead the global BIM
market with more than 70% of the total market share.
 Infrastructure segment is expected to grow at the fastest
CAGR of 25.2% during the forecast period.
 Cloud based deployment model is expected to lead the
market throughout the forecast period as a result of its
cost-effectiveness and easy availability.
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