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Global Computer-Aided Design (CAD) Software Market was valued at USD 9.1 billion in 2019 and is predicted to reach USD 14.2 billion by 2025, growing at a CAGR of 7.4% during the forecast period (2020-2025)
The global computer-aided design (CAD) software market was valued at USD 9.1 billion in 2019 and is predicted to reach USD 14.2 billion by 2025, growing at a CAGR of 7.4% during the forecast period. The rapid development of software-as-a-service (SaaS) apps has created huge opportunities for the growth of the global CAD software market. There is huge demand for accessing CAD data on portable device platforms such as smartphones and tablets from various users, including large and small enterprises.Download Free PDF Sample Copy of this Research Report at https://www.vynzresearch.com/ict-media/computer-aided-design-cad-software-market/request-sample
CAD market has an opportunity to build new mobile-friendly CAD software solutions to meet the users’ demand and enable them to view, edit and share their designs and drawings on the go. Autodesk’s AutoCAD 360, a free drawing and drafting app, lets its users access, edit and share their AutoCAD drawings.
Based on level, the global CAD software market is categorized into three segments namely intermediate, beginner and pro. Intermediate level CAD contributed largest revenue to the global CAD software market in 2016.
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North America is the largest revenue contributor in the CAD software market. The rising usage of CAD in aerospace and automotive industries for prototyping products prior to production, is fueling its demand. In both the industries, the design process contributes small fraction to the total production cost.
Some of the major players in the global CAD software market include Dassault Systèmes SE, Autodesk Inc., Bentley Systems Inc., PTC Inc., Trimble Inc., Gstarsoft Co. Ltd., Hexagon AB, AVEVA Group plc., 3D Systems Corporation, CNC Software Inc., IronCAD LLC, AO Nanosoft, and SolidCAM GmbH.
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VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across a wide range of industries.
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