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  Building Information Modeling Market Size is forecast to reach $10.3 billion by 2026, at a CAGR of 11.6% during forecast period 2021-2026. Building Information Modeling (BIM) is a process of generating and managing building data during its complete lifecycle, from conceptual design through operation of the building. It is an integrated workflow that enables architects, engineers, and builders to explore a project digitally before building is built. BIM helps AEC sector in better planning and designing of the buildings, savings on materials, less rework and support for prefabrication. The ease of use of BIM led to high adoption of BIM sector and became the software of choice for designing everything from government contracts on bridges to large office buildings, and even on down to small buildings. The output of construction industry in Europe region has been increased from $1,414.62 billion to $1,725.22 billion which is a 22% increase from 2016-2019. High adoption of BIM in cons...

 According to the Institution of Civil Engineers (ICE), the global construction market will grow by 85% to reach $15.5 trillion by 2030 owing to the rapid developments in the U.S., India, and China[1]. Skyscrapers are accomplishing new height records, gigantic tunnels are paving way to new transportation networks, and titanic bridges are covering greater distances in an unprecedented form. Globally, gigantic engineering and infrastructure projects are paramount participant of modern industrialization and civilization. Some of the incredible utmost intricate projects are Gotthard Base Tunnel-Switzerland, Port Mann Bridge-Vancouver, Three Gorges Dam-China, Marmaray Tunnel-Turkey, and Shanghai Tower-China. Crafting such complex structure compels efficient and economical planning and vision, owing to such principles building information modeling market is shaping itself as an inevitable asset of the modern era construction sector. BIM is a rational digital representation that gives arc...