Share this article Share this article ResearchAndMarkets.com's offering. According to this report the global building information modelling market was valued at $5.20 billion in 2019, and is projected to reach $15.06 billion by 2027, growing at a CAGR of 14.3% from 2020 to 2027. Building Information Modeling (BIM) is an intelligent 3D model-based process, which provides construction professionals, architecture, and engineers to efficiently design, manage, construct and plan the infrastructure of the buildings. BIM software is popular among end users as it provides lucrative advantages such as increased return on investments (ROIs) and time and money saving. Furthermore, rapidly increasing number of construction projects globally and rise in demand for automated models in the architecture, engineering, and construction (AEC) industry are the major factors driving the growth of the market. Moreover, government mandates regarding the use of BIM in building constructions are expected to boost its adoption worldwide.