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2017-2020 - Consumer Electronics - Global Building Information Modeling Software In-Depth Industrial and Market studies

03-15-2017 03:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Consumer Electronics

2017-2020 - Consumer Electronics - Global Building Information

Albany, New York, Feb 06, 2017

"Global Building Information Modeling Software Market 2016-2020" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

Factors, such as government mandates and support to use BIM solutions in construction projects, are driving the growth of the global BIM market. Governments in countries such as the US, the UK, and Singapore are promoting the use of BIM in construction as it helps to minimize errors and time taken for the execution of the construction projects. BIM software enables the creation of a vector-based representation of building plans in 3D formats for construction projects of buildings, railways, and roads among others. BIM not only presents a digital representation of physical characteristics but also captures the necessary data during the construction phase.

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* Technavios analysts forecast the global BIM software market to grow at a CAGR of 17.04% during the period 2016-2020.

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