Tag Archives: CAD Software Market

Global CAD Software Market Competitive Situation and Trends 2018-2025

Global CAD Software Market 2018” report provides information on grasping newer technologies and recent development made in CAD Software & satisfies specialized and enterprise-wide statistical needs.

In 2017, the global CAD Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.

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This report focuses on the global CAD Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the CAD Software development in United States, Europe and China.

CAD Software Market Size, Share, Technology, Key Players, Growth Rate and Demand by 2023

The global CAD software market is growing at a CAGR of 6.6% during 2018–2023 and will reach $12.1 billion by 2023. Growing focus toward precise designing and complex structure prototyping, advancements in technology, and increasing demand for CAD software in automotive, packaging, and medical verticals are the major factors driving the market growth.

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Image result for cad softwareOn the basis of technology, the CAD software market has been categorized into 2D software and 3D software, of which the market for 3D software is projected to grow faster during the forecast period, witnessing a CAGR of 6.7%. This can be attributed to the growing inclination of designers and engineers toward professional prototyping and design creation, especially in precision-demanding domains, such as automotive and medical.