{"id":178181,"date":"2020-05-25T06:57:00","date_gmt":"2020-05-25T06:57:00","guid":{"rendered":"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/?p=178181"},"modified":"2024-04-01T06:52:06","modified_gmt":"2024-04-01T06:52:06","slug":"asia-pacific-to-drive-the-us-117-59-bn-global-geospatial-market-in-the-aec-industry","status":"publish","type":"post","link":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=178181","title":{"rendered":"Asia Pacific to Drive the US$ 117.59 Bn Global Geospatial Market in the AEC Industry"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"178181\" class=\"elementor elementor-178181\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-498465b e-con-full e-flex e-con e-parent\" data-id=\"498465b\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-79edffc e-con-full e-flex e-con e-child\" data-id=\"79edffc\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d4a489c elementor-widget elementor-widget-template\" data-id=\"d4a489c\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"180611\" class=\"elementor elementor-180611\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60ce631f e-con-full e-flex e-con e-parent\" data-id=\"60ce631f\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2bb934a e-con-full e-flex e-con e-child\" data-id=\"2bb934a\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa08615 elementor-widget elementor-widget-heading\" data-id=\"4aa08615\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?cat=1\" rel=\"tag\">Article<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20304ae8 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"20304ae8\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Asia Pacific to Drive the US$ 117.59 Bn Global Geospatial Market in the AEC Industry<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d287c9a elementor-widget elementor-widget-post-info\" data-id=\"4d287c9a\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-4a66850 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>May 25, 2020<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f1b5867 e-con-full e-flex e-con e-child\" data-id=\"4f1b5867\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-199adf81 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"199adf81\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1.jpg\" class=\"attachment-full size-full wp-image-178357\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3188a93 e-con-full e-flex e-con e-child\" data-id=\"3188a93\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-11b31fe e-con-full e-flex e-con e-child\" data-id=\"11b31fe\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2dabf28 elementor-widget elementor-widget-author-box\" data-id=\"2dabf28\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/author\/ananya-narain\/\" target=\"_blank\">\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tAnanyaa Narain\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p><b> Vice President- Consulting<\/b>  <br \/>Geospatial World<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be5d9c4 elementor-widget elementor-widget-heading\" data-id=\"be5d9c4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share via:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8304cb6 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-left elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"8304cb6\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_facebook\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on facebook\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-facebook\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256C504 119 393 8 256 8S8 119 8 256c0 123.78 90.69 226.38 209.25 245V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_twitter\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on twitter\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_linkedin\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on linkedin\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg 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class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c38539f e-con-full elementor-hidden-tablet elementor-hidden-mobile elementor-hidden-desktop e-flex e-con e-child\" data-id=\"c38539f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dcec833 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"dcec833\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">OUR IMPACT<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b7e150 elementor-widget elementor-widget-heading\" data-id=\"9b7e150\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What's the World Economic Forum doing to <strong>accelerate action on Trade and Investment?<\/strong><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-572f2f6 e-con-full e-flex e-con e-child\" data-id=\"572f2f6\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_offset&quot;:20,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-347c7fe elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"347c7fe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">RELATED REPORTS<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-490b00b elementor-skin-carousel elementor-arrows-yes elementor-widget elementor-widget-media-carousel\" data-id=\"490b00b\" data-element_type=\"widget\" data-settings=\"{&quot;slides_per_view&quot;:&quot;1&quot;,&quot;slides_to_scroll&quot;:&quot;1&quot;,&quot;skin&quot;:&quot;carousel&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;show_arrows&quot;:&quot;yes&quot;,&quot;speed&quot;:500,&quot;autoplay&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;loop&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;space_between&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;space_between_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;space_between_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]}}\" data-widget_type=\"media-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-swiper\">\n\t\t\t<div class=\"elementor-main-swiper swiper-container\">\n\t\t\t\t<div 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elementor-element-666d5d7 e-con-full e-flex e-con e-child\" data-id=\"666d5d7\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d79ec35 e-con-full important_quote e-flex e-con e-child\" data-id=\"d79ec35\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cb5236f elementor-widget elementor-widget-heading\" data-id=\"cb5236f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">This article is part of:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e371cff elementor-widget elementor-widget-post-info\" data-id=\"e371cff\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-a796b1a\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">AEC<\/span>, <span class=\"elementor-post-info__terms-list-item\">AEC &amp; Frontier Technologies<\/span>, <span class=\"elementor-post-info__terms-list-item\">BIM &amp; 3D<\/span>, <span class=\"elementor-post-info__terms-list-item\">GeoBIM<\/span>, <span class=\"elementor-post-info__terms-list-item\">Market &amp; Economy<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2982980 important_except elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"2982980\" data-element_type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\tThe AEC industry embraces digital shift with GEOBIM solutions. The global AEC market, valued at $11.13 trillion in 2019, is projected to reach $12.26 trillion by 2023. Adoption in Asia-Pacific, is driven by construction hubs like China and India, while North America embraces advanced geospatial technologies. \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66a9835 para elementor-widget elementor-widget-text-editor\" data-id=\"66a9835\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Digital construction is the new normal for the AEC industry wherein new technology models and outlooks are created while the old isn\u2019t wholly shunned. In today\u2019s times, the AEC industry is witnessing a radical technology disruption, technology mainstreaming and convergence of digital technologies across the construction lifecycle, driven by 4IR technologies (Big Data, AI, IoT and Cloud), immersive solutions (AR\/VR), to create a seamless synchronization between geospatial and BIM technologies for hassle free-decision making and higher productivity levels. It is noteworthy, integrated geospatial and BIM solutions \u2013 termed as #GEOBIM solutions are at the forefront of this digital transformation and thus, it is important to know the geospatial market in the AEC industry.<\/p><p>A recent report by Geospatial Media,<b>\u00a0<a href=\"https:\/\/geospatialmedia.net\/reports\/geobim-market-in-aec-industry-report\/\"><em>GEOBIM Market in AEC Industry<\/em><\/a>, <\/b>delves deeper into the harmonized and comprehensive market of the global AEC industry, global and regional market of the geospatial industry and geospatial technologies, and the market for BIM and Digital Twins in the AEC industry for the 2020-2023 timeline. The report also presents the Geospatial+BIM (GEOBIM) Maturity Model\u00a0\u2013 on the basis of which a\u00a0GEOBIM Readiness Index for 25 countries.<\/p><p><a href=\"https:\/\/www.geospatialworld.net\/blogs\/geobim-technology-ecosystem\/\"><strong><em>Read: 2019, a year of consolidation in the GEOBIM technology ecosystem<\/em><\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-26b18b1 e-con-full important_except2 e-flex e-con e-child\" data-id=\"26b18b1\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d500972 elementor-widget elementor-widget-heading\" data-id=\"d500972\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Integrated geospatial and BIM solutions \u2013 termed as #GEOBIM solutions are at the forefront of this digital transformation<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd28552 para_h elementor-widget elementor-widget-heading\" data-id=\"cd28552\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Global AEC Market<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c886080 para elementor-widget elementor-widget-text-editor\" data-id=\"c886080\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cumulative global AEC industry witnessed the slowest growth in 2019, owing to the many geopolitical risks across regions stemming from the trade war between the United States &amp; China to repeated Brexit negotiations \u2013 to reduced investor confidence resulting in disrupted cash flows. Despite these risks, and the current COVID-19 situation, authorities worldwide have stepped up investment in infrastructure spending to prevent continued slowdown.\u00a0<\/p><p>In the present circumstances, the global AEC market is US$ 11.13 trillion in 2019, estimated to reach US$ 12.26 trillion in 2023. In 2019, Asia-Pacific and North America continued to be the dominant markets with 66.97 percent and 11.9 percent of the global AEC market. The Asia-Pacific market is going to be primarily driven by building \u2013 residential and commercial construction, whereas, in North America, it is the industrial sectors (oil and gas, telecom, power), respectively. While economic uncertainties and Covid-19 are going to impact the construction market output in the coming years, the rising infrastructure spending to support new infrastructure construction (esp \u2013 resilient and sustainable infrastructure) will aid the growth of the industry. China, India, Indonesia, Vietnam and the Philippines are, thus, going to the major growth centres for the AEC industry in times to come.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-365d778 e-con-full e-flex e-con e-child\" data-id=\"365d778\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1ea509f e-con-full e-flex e-con e-child\" data-id=\"1ea509f\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9217c37 para_h elementor-widget elementor-widget-heading\" data-id=\"9217c37\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Global Geospatial Market in AEC Industry <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d8c79e para elementor-widget elementor-widget-text-editor\" data-id=\"7d8c79e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cumulative geospatial industry\u2019s value for the AEC industry in 2019 is estimated to be US$ 71.28 billion, expected to reach US$ 117.59 billion in 2023. The demand for geospatial technologies in AEC industry is estimated to grow at an accelerating rate owing to the efficient processes developed as part of construction workflows encompassing utilization of integrated geospatial and BIM technology solutions along with 4IR advancements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-40320f5 e-con-full e-flex e-con e-child\" data-id=\"40320f5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-427cfdb elementor-widget elementor-widget-image\" data-id=\"427cfdb\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Asia Pacific to drive the US$ 117.59 Bn global geospatial market in the AEC industry\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTc4MjA5LCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIwXC8wNVwvQXNpYS1QYWNpZmljLXRvLWRyaXZlLXRoZS1VUy0xMTcuNTktQm4tZ2xvYmFsLWdlb3NwYXRpYWwtbWFya2V0LWluLXRoZS1BRUMtaW5kdXN0cnkucG5nIn0%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"751\" height=\"449\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry.png\" class=\"attachment-full size-full wp-image-178209\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry.png 751w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-300x179.png 300w\" sizes=\"(max-width: 751px) 100vw, 751px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GEOBIM Market in AEC Industry<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5f32dc5 e-con-full e-flex e-con e-child\" data-id=\"5f32dc5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-08864ec e-con-full e-flex e-con e-child\" data-id=\"08864ec\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ed96cd para_h elementor-widget elementor-widget-heading\" data-id=\"3ed96cd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Regional Geospatial Market in AEC Industry and its Sub-sectors<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-990b695 para elementor-widget elementor-widget-text-editor\" data-id=\"990b695\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>ASIA-PACIFIC<\/strong><\/p><p>In the AEC industry, geospatial technology adoption in many of the Asia-Pacific countries such as <strong>Australia, China, India, Indonesia, Japan, New Zealand, and Singapore<\/strong> has significantly increased over time owing to being the \u2018<strong>hub for new construction<\/strong>\u2019. The increasing awareness aids the implementation of geospatial data, solutions, and services at a stakeholder and sectoral level on the value-proposition of using integrated geospatial and BIM solutions in the construction workflow; and increasing policy initiatives and recommendations by the national government to implement these technologies.<\/p><p>The cumulative market for geospatial technologies in the Asia-Pacific region for the AEC industry in 2019 is estimated to be <b>US$ 41.01 trillion \u2013 with approximately 58 percent share in the building sector and 32 percent <\/b>share in the transport sector. The best case example is that of India, wherein the use of LiDAR and RADAR is mandated in the construction of highway projects, and, China where the use of geospatial technologies is now mandated across all public-funded infrastructure projects by formal policy documents.<\/p><p><strong>NORTH AMERICA<\/strong><\/p><p>The geospatial technologies market in the AEC industry in North America is estimated to be <b>US$ 12.93 trillion in 2019<\/b> while the sub-sectoral share reverses as compared to Asia-Pacific with the industrial sector having the largest market share, i.e. 37 percent, followed by transport (32%) and the least in the building construction sector. The power, utilities, and telecommunications sectors in the region are on a transformative journey of experimenting with newer technologies for plant construction and management, network maintenance, outage management, and other relative functions.<\/p><p>It is thus, noteworthy that the infrastructure sector in North America is conscious of the value proposition of using geospatial technologies in the construction workflows. In the United States, and Canada mainly, the use of advanced geospatial technologies such as Ground Penetration Radar (GPR), Drones, and GNSS-based Machine Control is common in construction sites and the region ranks higher on the GEOBIM Maturity Curve as a whole.<\/p><p><strong>EUROPE<\/strong><br \/>The third region to have the biggest geospatial market in the AEC industry is Europe with a market size of US$ 8.54 billion in 2019. Housing construction \/ residential construction is found to be the biggest market driver for the growth of geospatial technologies in the region; followed by the industrial sector and the least of all the transport sector. It is important to note, that Europe is ahead in terms of geospatial and BIM adoption, on the whole, owing to the sophisticated level of GEOBIM maturity and also increasing geospatial and BIM technology (inclusive of geospatial) mandates. The United Kingdom, Nordics, the Netherlands, Germany, and France are leading countries in geospatial adoption and market specifically for the AEC industry.<\/p><p>It is noteworthy, in the present Covid-19 scenario of physical distancing and the need for remote monitoring, the role of geospatial technologies is going to be a cohesive force and not an add-on. The construction market output has indefinitely fallen in 2020 due to labor shortages, material shortages, and supply chain ineffectiveness \u2013 simultaneously affecting the market for geospatial technologies in 2020. The demand for the same may see a significant rise than estimated for 2023 at present as the industry becomes aware of the role of #GEOBIM technologies in the AEC ecosystem in unprecedented situations like COVID-19.<\/p><p><a href=\"https:\/\/www.geospatialworld.net\/blogs\/aec-geospatial-trends-2020\/\"><em>Also read: What\u2019s trending in AEC+Geospatial in 2020?<\/em><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8afc2e5 e-con-full e-flex e-con e-child\" data-id=\"8afc2e5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-20517fb elementor-widget elementor-widget-image\" data-id=\"20517fb\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"Asia Pacific to drive the US$ 117.59 Bn global geospatial market in the AEC industry 2\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTc4MjEzLCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIwXC8wNVwvQXNpYS1QYWNpZmljLXRvLWRyaXZlLXRoZS1VUy0xMTcuNTktQm4tZ2xvYmFsLWdlb3NwYXRpYWwtbWFya2V0LWluLXRoZS1BRUMtaW5kdXN0cnktMi1lMTcwNjU5OTYxMjE1My5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1200\" height=\"644\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153.jpg\" class=\"attachment-full size-full wp-image-178213\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153-300x161.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153-1024x550.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/Asia-Pacific-to-drive-the-US-117.59-Bn-global-geospatial-market-in-the-AEC-industry-2-e1706599612153-768x412.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GEOBIM Market in AEC Industry<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-544ff6e e-con-full e-flex e-con e-child\" data-id=\"544ff6e\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-5440037 e-con-full e-flex e-con e-child\" data-id=\"5440037\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-07df2a0 e-con-full e-flex e-con e-child\" data-id=\"07df2a0\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-461d5d6 elementor-widget elementor-widget-heading\" data-id=\"461d5d6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share via:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24f4b50 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-left elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"24f4b50\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div 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elementor-share-btn_twitter\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on twitter\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_linkedin\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on linkedin\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_email\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on email\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6894221 e-con-full e-flex e-con e-child\" data-id=\"6894221\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f8c7ba3 e-flex e-con-boxed e-con e-parent\" data-id=\"f8c7ba3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eb7ab4e elementor-widget elementor-widget-template\" data-id=\"eb7ab4e\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"180755\" class=\"elementor elementor-180755\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-46f9199c e-flex e-con-boxed e-con e-parent\" data-id=\"46f9199c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23a5e6f0 elementor-widget elementor-widget-heading\" data-id=\"23a5e6f0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Similar Articles &amp; Blogs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cc6912d elementor-posts--align-left post_related elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"7cc6912d\" data-element_type=\"widget\" data-settings=\"{&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:25,&quot;sizes&quot;:[]},&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-181930 post type-post status-publish format-standard has-post-thumbnail hentry category-article category-latest tag-earth-observation tag-geospatial-technologies tag-gis-mapping tag-gnss-positioning tag-investment-funding tag-market-economy\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=181930\" tabindex=\"-1\" target=&quot;_blank&quot;>\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"800\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-scaled.jpg\" class=\"attachment-full size-full wp-image-182298\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-scaled.jpg 2560w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-300x94.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-1024x320.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-768x240.jpg 768w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-1536x480.jpg 1536w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2023\/02\/Header-1-2048x640.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=181930\" target=&quot;_blank&quot;>\n\t\t\t\tNavigating the Geospatial Industry&#8217;s Trillion-Dollar Future\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-179951 post type-post status-publish format-standard has-post-thumbnail hentry category-blog tag-aec tag-bim-3d tag-construction-bim tag-geobim tag-infrastructure\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179951\" tabindex=\"-1\" target=&quot;_blank&quot;>\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/10\/2.6.jpg\" class=\"attachment-full size-full wp-image-180089\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/10\/2.6.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/10\/2.6-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/10\/2.6-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/10\/2.6-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179951\" target=&quot;_blank&quot;>\n\t\t\t\tAssessing BIM Value Impact\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-181558 post type-post status-publish format-standard has-post-thumbnail hentry category-article tag-geospatial-technologies tag-market-economy\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=181558\" tabindex=\"-1\" 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class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=181558\" target=&quot;_blank&quot;>\n\t\t\t\tGeospatial Technologies&#8217;\u200b Economic Impact to Rise by 460% Between 2022 and 2030\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-179558 post type-post status-publish format-standard has-post-thumbnail hentry category-article tag-aec tag-construction-bim tag-geobim\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179558\" tabindex=\"-1\" target=&quot;_blank&quot;>\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/1-1.jpg\" class=\"attachment-full size-full wp-image-179559\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/1-1.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/1-1-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/1-1-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/1-1-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179558\" target=&quot;_blank&quot;>\n\t\t\t\tWhich are the Most GEOBIM Ready Countries in the World?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-179379 post type-post status-publish format-standard has-post-thumbnail hentry category-blog tag-aec tag-bim-3d tag-construction-bim tag-geobim\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179379\" tabindex=\"-1\" target=&quot;_blank&quot;>\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/2.7.jpg\" class=\"attachment-full size-full wp-image-179217\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/2.7.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/2.7-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/2.7-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2024\/02\/2.7-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179379\" target=&quot;_blank&quot;>\n\t\t\t\tWhat is the GEOBIM Maturity Model?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-178181 post type-post status-publish format-standard has-post-thumbnail hentry category-article tag-aec tag-aec-frontier-technologies tag-bim-3d tag-geobim tag-market-economy\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=178181\" tabindex=\"-1\" target=&quot;_blank&quot;>\n\t\t\t<div class=\"elementor-post__thumbnail\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1.jpg\" class=\"attachment-full size-full wp-image-178357\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2020\/05\/2.1-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=178181\" target=&quot;_blank&quot;>\n\t\t\t\tAsia Pacific to Drive the US$ 117.59 Bn Global Geospatial Market in the AEC Industry\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The AEC industry embraces digital shift with GEOBIM solutions. The global AEC market, valued at $11.13 trillion in 2019, is projected to reach $12.26 trillion by 2023. Adoption in Asia-Pacific, is driven by construction hubs like China and India, while North America embraces advanced geospatial technologies. <\/p>\n","protected":false},"author":2,"featured_media":178357,"comment_status":"open","ping_status":"open","sticky":true,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[84,86,82,85,77],"class_list":["post-178181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","tag-aec","tag-aec-frontier-technologies","tag-bim-3d","tag-geobim","tag-market-economy"],"_links":{"self":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178181"}],"version-history":[{"count":127,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178181\/revisions"}],"predecessor-version":[{"id":182403,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178181\/revisions\/182403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/media\/178357"}],"wp:attachment":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}