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Author: Vikas Kumar
November 17, 2023
Key Highlights of the Report:
According to a new report by Univdatos Market Insights, The Middle East Building Information Modelling Market was valued at 450 million in 2022 and is expected to grow at a steady rate of around 7.6% in the forecasted period (2023-2030) owing to the growing demand for sustainable and energy-efficient buildings. Building Information Modelling (BIM) is a digital representation of the physical and functional characteristics of a building or infrastructure project. It is a 3D model-based process that allows architects, engineers, contractors, and owners to collaborate and share information throughout the entire lifecycle of a project. The Middle East BIM market is rapidly growing due to the increasing use of digital technologies in the construction industry, and the need for improved collaboration and communication between stakeholders in the construction process.
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The growing demand for sustainable and energy-efficient buildings in the Middle East is driving the adoption of BIM technology in the region. BIM can help optimize building design and construction for energy efficiency, improve sustainability, improve collaboration, and improve compliance with sustainability standards and regulations.
Some of the recent developments are:
Conclusion
The BIM market in the Middle East region is expected to continue to grow in the coming years, driven by government initiatives, increasing awareness, and the adoption of BIM technology in the construction industry. The market is characterized by a mix of international and local players, with a growing number of local players entering the market offering innovative BIM solutions and services tailored to the specific needs of the region.
Key Offerings of the Report
Market Size, Trends, & Forecast by Revenue | 2023−2030
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by offerings and applications
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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