Building Information Modeling Market Share
Building Information Modeling (BIM) Market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America has the largest market share due to its early adoption of BIM technology and a long history of using BIM in building. This region's government has launched programs to promote BIM use in public infrastructure projects, resulting in a high need for BIM-skilled people. Innovative building with strong construction companies rapidly adopting new technology such as BIM to achieve efficiency and hence a competitive advantage.
Europe's high growth can be attributed to stringent laws and increased knowledge of BIM's benefits. Most European countries, notably the United Kingdom and France, are enacting legislation to require the use of BIM in some types of construction projects, primarily those that get government support. This regulatory assistance is promoting increased use in the European construction industry.