Global 3D CAD Software Market is valued USD 8.13 billion in 2016 is anticipated to grow USD 13.29 billion with the compounded annual growth of 5.61% over the forecast period 2018-2025.
New York 9 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global 3D CAD Software market industry is poised to raise USD 13.29 billion by 2025. The major factors expected to augment the market are rising investments and espousal of 3D printing, growing adoption of cloud-based CAD solutions, the increasing penetration in the automotive & manufacturing sectors and growing focus on enhancing productivity by augmenting the design process. CAD, also known as computer-aided design and drafting (CADD), is the application of computer technology for design and design documentation. Basically, a CAD software replaces manual drafting with an automated process.
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Global 3D CAD Software Market Size Study By Deployment Type (On-Premise, and Cloud), Application (Automotive, Architecture, Healthcare, Manufacturing, Construction (AEC), Media & Entertainment, Engineering), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Bricsys NV, CAXA Technology Co., Ltd., Autodesk Inc., Bentley Systems, Incorporated, Dassault Systemes, Oracle Corporation, Graphisoft SE, PTC Inc., ZWCAD Software Co., Ltd., Siemens PLM Software Inc., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the leading market share, more than XX % of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
By Deployment Type:
- Construction (AEC)
- Media & Entertainment
- North America
- Asia Pacific
- Latin America
- Rest of the World