CAM Software Market Expected to Reach $3,572 Million by 2025: Autodesk Inc., Mastercam, SolidCAM Ltd., EdgeCAM, ZWCAD Software Co., Ltd., GRZ Software, BobCAD-CAM, Inc., Cimatron Group, Camnetics, Inc., MecSoft Corporation

Increased use of CAM software in packaging machinery, rise in industrialization, and surge in adoption of cloud-based solutions are expected to propel the growth of the global CAM software market.

Allied Market Research recently published a report, titled, “CAM Software Market by Design Type (2D and 3D) and Application (Aerospace & Defense Industry, Shipbuilding Industry, Automobile & Train Industry, Machine Tool Industry, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025”. The report provides in-depth analyses of the key winning strategies, industry dynamics, top investment pockets, market size & estimations, and competitive landscape. According to the report, the global CAM software market was pegged at $1.97 billion in 2017 and is expected to reach $3.57 billion by 2025, registering the CAGR of 7.0% during the period 2018–2025.

Increased use of CAM software in packaging machinery, rise in industrialization, surge in investment for R&D activities have boosted the growth of the market. However, availability of free and open-source CAM software hampers the market growth. On the contrary, increase in adoption of cloud-based solutions and technological advancements in CAM software are expected to create lucrative opportunities for the market players in the near future.

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2D segment holds largest revenue

The 2D software segment held the largest market share in 2017 and is expected to dominate the market throughout the study period. However, the 2D CAM software is estimated to register the fastest CAGR during the forecast period.

Machine tool industry dominated the market

In 2017, the machine tool industry contributed about 30% share of the market, holding the largest share in the industry. However, the aerospace & defense industry is expected to register the fastest CAGR during the forecast period. The other segments such as the shipbuilding industry, automobile, and train industry, and others are analyzed in the report.

Asia-Pacific to create remunerative opportunities by 2025

Asia-Pacific region is expected to register the fastest growth, registering the CAGR of 9.6% during the forecast period. However, North America held the largest share in 2017, contributing more than one-third of the market share. The other regions including Europe and Latin America, Middle East and Africa (LAMEA) are also analyzed in the report.

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Torchbearers of the industry

The leading companies in the global CAM software market are analyzed in the report, including Mastercam, EdgeCAM, GRZ Software, Cimatron Group, Siemens Product Lifecycle Management Software Inc., Autodesk Inc., SolidCAM Ltd., ZWCAD Software Co., Ltd., BobCAD-CAM, Inc., Camnetics, Inc., and Dassault Systems.

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