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Building information modeling (BIM) market global forecast to 2022 available in new report

IT Market Research

The popularity of automated BIM solutions over 3D building models is driven by the need for adoption in budget estimation, thereby accentuating the market. Implementation of BIM Help in Better Estimation of Budgeting

Market Overview

The functionality of building information modeling Make an Inquiry about this news to facilitate better collaboration across various stakeholders in the value chain in the construction industry is expected to boost its adoption in developed countries. In addition, the successful implementation of BIM by contractors and architects is largely motivated by better estimation of budgeting and the marked reduction in the maintenance cost.

The high capital investment required due for engaging the services of consulting firms is a key factors hindering the adoption of BIM, especially among SMEs. Furthermore, the paucity of required technical skill may impede the market to an extent.