Building Information Modeling Extraction Software Market - Growing demand for feasible architectural and engineering solutions driving

According to a new market report published by Transparency Market Research, the global BIM extraction software market is expected to reach a value of US$ 228.7 Mn by 2026 on account of growing BIM implementation across the construction industry. The market is projected to expand at a CAGR of 10.1% during the forecast period from 2018 to 2026.

Rapid developments in technologies have led the construction industry toward digitization. There has been a significant need for technological solutions for architects and engineers in the construction industry to design and plan effective and efficient models. This is likely to create strong demand for BIM extraction software in the near future. 

Similarly, governments across countries such as the U.S., Australia, Germany, Finland, Singapore, and Denmark are focusing on enhancing technological aspects of the construction industry. Additionally, governments are mandating BIM implementation in public infrastructure developments. Public agencies as well as private companies are also emphasizing on implementing BIM across construction activities mainly due to the benefits offered by BIM solutions.


The BIM extraction software market is segmented on the basis of software deployment, end use industry, and geography. According to the research study, the cloud-based BIM extraction software market is anticipated to experience flourishing growth during the forecast period. 

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