Find stats on top websites

Industry Landscape

The AEC software industry is currently experiencing significant growth, driven by the increasing adoption of BIM, computational design, and automation technologies. Firms are seeking integrated solutions to enhance efficiency, reduce costs, and improve project outcomes. Digital transformation is a key trend, with a strong demand for tools that streamline workflows and enable data-driven decision-making.

Industries:
BIMComputational DesignRevitAutomationAEC Technology

Total Assets Under Management (AUM)

BIM Market Size in United States

~4.5 billion USD (2023)

(15.5% CAGR)

- BIM software adoption is increasing across all AEC sectors. - Cloud-based solutions and AI integration are driving innovation. - Government mandates and sustainable design goals are further accelerating growth.

Total Addressable Market

10 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Generative Design

AI-powered generative design tools can rapidly explore vast design alternatives, optimizing for performance, cost, and sustainability goals far beyond human capability.

Digital Twins

Digital Twins create virtual replicas of physical assets, enabling real-time monitoring, predictive maintenance, and optimized operational performance throughout the asset lifecycle.

Cloud-Based Collaboration Platforms

Cloud-based collaboration platforms facilitate real-time, multi-disciplinary teamwork on BIM models and project data, breaking down silos and improving project delivery speed and quality.

Impactful Policy Frameworks

Infrastructure Investment and Jobs Act (IIJA) 2021

The Infrastructure Investment and Jobs Act (IIJA) of 2021 is a bipartisan bill signed into law in November 2021, allocating over $1.2 trillion to improve and modernize US infrastructure, including roads, bridges, public transit, rail, ports, airports, and water infrastructure.

This policy will significantly increase demand for BIM and computational design tools as infrastructure projects require advanced digital planning and execution to meet efficiency and sustainability goals.

Federal BIM Mandates (Various Agencies, Ongoing)

While not a single act, various US federal agencies (e.g., GSA, DoD) are increasingly mandating or strongly encouraging BIM adoption for federally funded construction projects, often outlining specific requirements for data exchange and model delivery.

These mandates drive deeper BIM adoption across the AEC industry, pushing firms to invest in integrated software solutions and training to comply with project requirements.

Sustainable Building Codes and Green Initiatives (Ongoing)

Across the United States, states and municipalities are continually updating building codes to incorporate more stringent energy efficiency standards, green building requirements (e.g., LEED, Net Zero), and mandates for lifecycle assessments.

These initiatives increase the need for sophisticated design and analysis tools that can simulate building performance, optimize material use, and track environmental impact, driving demand for data-driven computational design solutions.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth