Building Information Modeling (BIM) will continue to gain popularity and become even more prevalent in the construction industry by 2024.

VDEC | Virtual Design Engineering Consultants  /  Blog  /  Building Information Modeling (BIM) will continue to gain popularity and become even more prevalent in the construction industry by 2024.
18Aug
Categories Blog

By 2027 BIM Market has projected to reach USD 11.6 billion from 6.6 billion. It is observed that the growth rate is 10.7% from 2021 to 2022.

Architects:

It’s interesting to hear that 60% of BIM-using architects currently report using Building Information Modeling (BIM) on over half of their projects. The forecasted increase to 89% usage of BIM by architects by 2024 indicates a strong upward trend in its adoption.

MEP and structural engineers:

It’s interesting to hear that 51% of BIM-using MEP and Structural Engineers currently report using Building Information Modeling (BIM) on over half of their projects. The forecasted increase to 80% usage of BIM by MEP and Structural Engineers by 2024 indicates a strong upward trend in its adoption. Top of Form

Civil engineers:

It’s interesting to hear that 46% of BIM-using Civil Engineers currently report using Building Information Modeling (BIM) on over half of their projects. The forecasted increase to 72% usage of BIM by Civil Engineers by 2024 indicates a strong upward trend in its adoption. Top of Form

Contractors:

It’s interesting to hear that 41% of BIM-using Contractors currently report using Building Information Modeling (BIM) on over half of their projects. The forecasted increase to 69% usage of BIM by Contractors by 2024 indicates a strong upward trend in its adoption.

The construction industry is becoming increasingly digital, and BIM is a crucial part of this trend. BIM is being used by more and more companies to streamline their design and construction processes, reduce waste, and improve project outcomes. It has also become an essential tool for sustainability and green building practices, as it enables designers and builders to optimize energy efficiency, reduce waste, and minimize the environmental impact of buildings.

By 2024, we may see further advancements in BIM technology, including increased use of artificial intelligence and machine learning to improve accuracy and efficiency.

The USA has formulated the BIM program for all Public Buildings Service projects since 2003 and onwards. Present time, 72% construction firms in the USA are believed to be using BIM for important cost savings program on projects. Several USA states, private organizations and universities are adopting this new trend BIM standards now in 2023.

Many other nations across the globe have been using BIM technology for variety level of projects, including the USA, UK, China, Singapore, South Korea, France, India etc.  In this world of BIM, USA is considered to be the First to Embers it.