A report published in April by Allied Market Research, titled "World Building Information Modeling (BIM) Market - Opportunities and Forecasts, 2015–2022," forecasts that the world BIM market will generate revenues of $11.7 billion by 2022, representing a compound annual growth rate (CAGR) of 21.6 percent during 2016–2022.
According to the report, BIM is forecast to gain increasing adoption across various sectors, especially commercial and infrastructure construction, which have been seeing increasing demand for the automation of technical drawings and databases in recent years.
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