Building Information Modeling [BIM] Solutions Market to Record Sturdy Growth by 2031 April 05, 2022
Increased urbanization and industrialization across major parts of the globe is resulting in growing need for construction of different structures and buildings. This factor is expected to generate lucrative avenues in the global building information modeling solutions market in the near future.
A report by Transparency Market Research (TMR) states that the global building information modeling solutions market is expected to expand at a CAGR of 14.9% during the forecast period, 2021–2031.
Building Information Modeling Solutions Market: Key Findings
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Use of Virtual Reality (VR)Training Activities to Boost Market Expansion
Virtual reality (VR) can be efficiently utilized in the architecture, engineering, and construction (AEC) sector for different purposes such as equipment operator training and safety training. With this technology, laborers can be exposed to different critical environments, including confined space controlled environment or working at a height.
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Implementing Augmented Reality (AR) May Play Key Role in Project Lifecycle Management
In construction industry, augmented reality (AR) can be utilized to gain detailed insights on every phase of a project lifecycle. With the help of advanced technologies such as 3D and reality modeling, architects and project designers are able to move different elements around, and find out if there is any potential problem in the design and incorporate changes, if needed.
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Building Information Modeling Solutions Market: Growth Boosters