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

Codes and Standards | Feb 21, 2022

More bad news on sea level rise for U.S. coastal areas

A new government report predicts sea levels in the U.S. of 10 to 12 inches higher by 2050, with some major cities on the East and Gulf coasts experiencing damaging floods even on sunny days.

Codes and Standards | Feb 21, 2022

New standard for ultraviolet germicidal irradiation

The Illuminating Engineering Society (IES) recently introduced the standard, ANSI/IES RP-44-21 Recommended Practice: Ultraviolet Germicidal Irradiation.

University Buildings | Feb 18, 2022

On-campus performing arts centers and museums can be talent magnets for universities

Cultural facilities are changing the way prospective students and parents view higher education campuses.

University Buildings | Feb 17, 2022

A vacated school in St. Louis is turned into a center where suppliers exchange ideas

In 1871, The Carondelet School, designed by Frederick William Raeder, opened to educate more than 400 children of laborers and manufacturers in St. Louis. The building is getting a second lease on life, as it has undergone a $2 million renovation by goBRANDgo!, a marketing firm for the manufacturing and industrial sectors.

Data Centers | Feb 15, 2022

Data center boom: How two AEC firms plan to meet unprecedented demand for data center facilities

Ramboll's Jim Fox and EYP Mission Critical Facilities' Rick Einhorn discuss the recent joining of their companies at a time of unprecedented data center demand. BD+C's John Caulfield leads the discussion with Fox, Ramboll's Managing Director for the Americas, and Einhorn, EYP Mission Critical Facilities' Managing Director.

Resiliency | Feb 15, 2022

Design strategies for resilient buildings

LEO A DALY's National Director of Engineering Kim Cowman takes a building-level look at resilient design. 

Products and Materials | Feb 14, 2022

How building owners and developers can get ahead of the next supply chain disaster

Global supply chain interruptions that started at the very beginning of the pandemic are still with us and compounding every step of the way. Below are a few proven tips on how to avert some of the costly fallout should we be faced with similar commercial disasters at any time in the future.

Urban Planning | Feb 11, 2022

6 ways to breathe life into mixed-use spaces

To activate mixed-use spaces and realize their fullest potential, project teams should aim to create a sense of community and pay homage to the local history.

Healthcare Facilities | Feb 10, 2022

Respite for the weary healthcare worker

The pandemic has shined a light on the severe occupational stress facing healthcare workers. Creating restorative hospital environments can ease their feelings of anxiety and burnout while improving their ability to care for patients.

Retail Centers | Jan 31, 2022

Amazon Style: Amazon’s latest innovative physical shopping experience

In January, Amazon unveiled plans to build a physical fashion store concept, dubbed Amazon Style, in Los Angeles. The e-commerce giant says the store will offer “together the best of shopping on Amazon–great prices, selection, and convenience–with an all new shopping experience built to inspire.”

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