NEW YORK, Aug. 17, 2021 /PRNewswire/ -- The global computer-aided design market size is expected to grow by USD 3.28 billion during 2021-2025, progressing at a CAGR of over 6% during the forecast period.
NEW YORK, Aug. 17, 2021 /PRNewswire/ -- The global computer-aided design market size is expected to grow by USD 3.28 billion during 2021-2025, progressing at a CAGR of over 6% during the forecast period.
The growing availability of subscription-based CAD software is one of the major factors propelling the market growth. However, the increasing availability of open-source and free versions of CAD software will challenge growth opportunities for market vendors.
Global Computer-Aided Design Market: End-user
By end-user, the market witnessed maximum demand for computer-aided design solutions from the automotive industry. The growth of the global automotive industry is one of the major factors driving the growth of the automotive segment. The market growth in the segment will be significant during the forecast period.
Global Computer-Aided Design Market: Geographic Landscape
By geography, the market observed maximum growth in APAC in 2020. 41% of the overall market growth is expected to originate from APAC during the forecast period. The growth of end-user industries will be crucial in driving the computer-aided design market in APAC.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Related Reports on Information Technology Include:
Global Construction Management Software Market - Global construction management software market is segmented by end-user (builders and contractors, construction managers, and engineers and architects), deployment (cloud-based and on-premise), and geography (North America, Europe, APAC, MEA, and South America).
Download Exclusive Free Sample Report
Global Building Information Modeling Software Market - Global building information modeling software market is segmented by product (software and services) and geography (APAC, Europe, MEA, North America, and South America).
Download Exclusive Free Sample Report
Companies Covered
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Computer-Aided Design Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/computer-aided-design-market-industry-analysis
Newsroom: newsroom.technavio.com/news/top-drivers-for-computer-aided-designmarket
SOURCE Technavio
Share this article