Blockchain Press Releases
Building Information Modeling (BIM) Software Market size worth $ 11.64 Billion, Globally, by 2027 at 19.41% CAGR: Verified Market Research®
The “Global Building Information Modeling (BIM) Software Market Size By Type, By Application, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Building Information Modeling (BIM) Software Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Aug. 4, 2023 /PRNewswire/ — The Global Building Information Modeling (BIM) Software Market is projected to grow at a CAGR of 19.41% from 2020 to 2027, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.82 Billion in 2019 and is expected to reach USD 11.64 Billion by the end of the forecast period.
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Browse in-depth TOC on “Building Information Modeling (BIM) Software Market“
202 – Pages
126 – Tables
37 – Figures
Driving Innovation and Efficiency in the Construction Industry: Building Information Modeling (BIM) Software Market
As businesses and governments increasingly recognize the enormous potential of this technology to enhance decision-making for constructed assets, the global Building Information Modeling (BIM) Software Market is expected to flourish. The architecture and construction industries have undergone a revolution thanks to BIM’s ability to extract, exchange, and network computer files, which has drawn people, companies, and governmental organisations involved in the design, construction, operation, and maintenance of physical infrastructures like roads, railways, bridges, and more.
Market trends and expectations:
Several important reasons drive the building information modeling (BIM) software market, including:
- Growing Need for Infrastructure Development: As the world’s population expands, there is an increasing demand for infrastructure development, which presents a sizable market opportunity for BIM products.
- Requirements for Large-Scale Projects are Increasing: The adoption of BIM software is driven by the increase in demand for large-scale projects across numerous industries, which helps the market grow.
- Automation for Enhanced Productivity: Building information modelling systems are being adopted by construction organisations more frequently in order to automate operations, assure regular follow-up, and increase output and efficiency.
- Attractive Return on Investment (ROI): The deployment of BIM is associated with a high ROI, which is a major market growth driver.
- Growing Understanding of BIM and Its Advantages The need for BIM software is being further fueled by the industry’s growing understanding of the many advantages of BIM, including improved project efficiency and cost savings.
Technological breakthroughs and Cloud-Based Solutions: The market has grown significantly as a result of ongoing technological breakthroughs. Cloud-based solutions are enabling greater user inter-coordination, data management on remote servers, and accessibility and collaboration. The 3D model-based methodology has been crucial in drawing in the world market for BIM software
Key Players in Building Information Modeling (BIM) Software Market:
The market is dominated by well-known businesses at the forefront of innovation. Important players in the sector include Autodesk Inc., Nemetschek AG, Bentley System Inc., Trimble Navigations Ltd., RIB Software AG, Robert Mcneel & Associates, Siemens, AVEVA Group, Oracle Aconex, Beck Technology, IES, and Lubansoft.
Key companies always concentrate on financial statements, product benchmarking, and conducting thorough SWOT analyses to keep a competitive edge in the market. These procedures give businesses the ability to spot chances for expansion and improvement in their products, spurring additional industry innovation.
Market Outlook: The Building Information Modeling (BIM) Software Market is expected to grow rapidly over the upcoming years, with a good outlook. Market share will increase as organisations place more emphasis on resource management to enhance product outputs. Additionally, BIM technology advances and its numerous applications in various industries would promote ongoing market growth.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modeling (BIM) Software Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Building Information Modeling (BIM) Software Market into Type, Application, And Geography.
- Building Information Modeling (BIM) Software Market, by Type
- 3D BIM – Design Model
- 4D BIM – Construction Dynamics
- 5D BIM – Cost
- 6D BIM – Built Facilities
- 7D BIM – Environmental Protection
- Building Information Modeling (BIM) Software Market, by Application
- Architect
- AEC Engineering Office
- Contractor
- Owner
- Others
- Building Information Modeling (BIM) Software Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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