Home Press Release Building Information Modelling Market Size Projected to Reach $37.62 billion by 2034 | 14.1%

Building Information Modelling Market Size Projected to Reach $37.62 billion by 2034 | 14.1%

23 Jul, 2026

According to Straits Research, the global building information modeling (BIM) market size was valued at $9.52 billion in 2025 and is projected to grow from $10.86 billion in 2026 to $31.22 billion by 2034, at a CAGR of 14.11% during the forecast period 2026–2034.

The global Building Information Modelling platform is witnessing a surge due to the growing migration towards urban areas, which has increased the number of infrastructure projects. Further, the rising foreign direct investments in the emerging nations have bolstered industrialization together with the Building Information Modelling market. Additionally, the favouring government regulations that have led to the mandatory adoption of the BIM software in most of the countries are anticipated to have a positive impact on the market. Further, the growing utilization of Augmented Reality and Virtual Reality technologies, IoT to design green buildings has fostered the growth of the Building Information Modelling market. However, the high cost of investment and the slower adoption of technology in the construction sector has hampered the growth of the market.

Market Segments

By Offering

Software

  • Architectural Design
  • Sustainability
  • Structure
  • MEP
  • Construction
  • Facility Management.

Services

  • Software Support and Maintenance
  • Project Management and Support.

By Project Life Cycle

  • Preconstruction
  • Construction
  • Operations

By Applications

  • Buildings
  • Industrial
  • Civil Infrastructure
  • Oil & Gas
  • Utilities
  • Others

By End-User

  • AEC Professionals
  • Consultants and Facility Managers
  • Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • The U.K
  • Italy
  • France
  • Spain
  • Germany
  • The Rest of Europe

The Middle East and Africa (MEA)

  • Saudi Arabia
  • Turkey
  • Egypt
  • South Africa
  • The Rest of MEA

Asia-Pacific

  • India
  • China
  • Japan
  • Australia
  • South Korea
  • The Rest of Asia-Pacific

South America

  • Columbia
  • Brazil
  • Chile
  • Peru
  • Argentina
  • The Rest of South America