flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

BIM market value to hit $6.5 billion by 2020

BIM market value to hit $6.5 billion by 2020

Sales of BIM software and services are expected to grow at a compound annual rate of 17.3%, to a market value of $6.5 billion in 2020.


By Posted by BD+C Staff | January 2, 2013

The global market for building information modeling products and services for 2012 was predicted to hit $1.8 billion, according to market intelligence firm Pike Research (now part of Navigant). Sales of BIM software and services—such as training, support, and project management—are expected to grow at a compound annual rate of 17.3%, to a market value of $6.5 billion in 2020.

Related Stories

K-12 Schools | May 16, 2022

A Quaker high school in Maryland is the first in the U.S. to get WELL Gold certification

Designed by Stantec, a Quaker high school is the first in the US to receive WELL Gold certification, which recognizes a commitment to occupants’ health and well-being.

Building Team | May 13, 2022

Glass penthouses rise above Toronto’s tree line

In midtown Toronto, the nine-story midrise building Leaside Common has released its Penthouse Collection: two-floor penthouses that take inspiration from Philip Johnson’s Glass House in Connecticut.

School Construction | May 11, 2022

New Digital Learning Commons at Rutgers supports doctoral programs in over 16 disciplines

The new Digital Learning Commons at the Rutgers University Archibald S. Alexander Library provides students in over 16 courses of study and four professional schools with spacious collaborative and study space.

Esports Arenas | May 11, 2022

Design firm Populous partners with esports company on digital art NFT collection

Design firm Populous and multidiscipline esports organization Kansas City Pioneers have partnered on a five-part NFT collection.

Multifamily Housing | May 11, 2022

Kitchen+Bath AMENITIES – Take the survey for a chance at a $50 gift card

MULTIFAMILY DESIGN + CONSTRUCTION is conducting a research study on the use of kitchen and bath products in the $106 billion multifamily construction sector.

Building Team | May 11, 2022

Miami to get its first supertall building

After completing its first supertall building, 111 W 57th Street in New York, developer PMG is now preparing for the groundbreaking of the first supertall in Miami: Waldorf Astoria Miami.

Sponsored | BD+C University Course | May 10, 2022

Designing smarter places of learning

This course explains the how structural steel building systems are suited to construction of education facilities.

Market Data | May 10, 2022

Hybrid work could result in 20% less demand for office space

Global office demand could drop by between 10% and 20% as companies continue to develop policies around hybrid work arrangements, a Barclays analyst recently stated on CNBC.

Multifamily Housing | May 10, 2022

Multifamily rents up 14.3% in 2022

The average U.S. asking rent for multifamily housing increased $15 in April to an all-time high of $1,659, according to Yardi Matrix.

Headquarters | May 10, 2022

JPMorgan Chase’s new all-electric headquarters to have net-zero operational emissions

JPMorgan Chase’s recently unveiled plans for its new global headquarters building in New York City that is rife with impressive sustainability credentials.

boombox1
boombox2
native1

More In Category

Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021