The Building Information Modeling (BIM) market is experiencing significant growth, with projections indicating an increase from USD 8.0 billion in 2024 to USD 14.8 billion by 2029, reflecting a compound annual growth rate (CAGR) of 13.1% during this period.
Focusing on the Mechanical, Electrical, and Plumbing (MEP) software segment, the global market size was valued at USD 1.19 billion in 2023 and is anticipated to reach USD 3.03 billion by 2032, exhibiting a CAGR of 10.9% from 2024 to 2032.
In the United States, the MEP services market is also on an upward trajectory, with estimates indicating growth from USD 45.39 billion in 2024 to USD 87.96 billion by 2029, corresponding to a CAGR of 14.15% during the forecast period.
These figures underscore the expanding adoption of BIM and MEP solutions across the construction and infrastructure sectors, driven by the increasing demand for efficient project management, sustainable building practices, and advanced technological integration.
