Global CAD Software Market Growth (Status and Outlook) 2023-2029

Global CAD Software Market Growth (Status and Outlook) 2023-2029

Product Code:461082

Published Date: Feb 08,2023

Pages: 103

Region: Global

Category: Service & Software

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Computer-aided design software or CAD software is the use of a computer to help create or optimize a design. Therefore, CAD software allows engineers, architects, designers and others to create precision drawings or technical illustrations in 2D or 3D. This category of software can increase productivity, improve quality and maximize organization by creating a documentation database for manufacturing.

LPI (LP Information)' newest research report, the “CAD Software Industry Forecast” looks at past sales and reviews total world CAD Software sales in 2022, providing a comprehensive analysis by region and market sector of projected CAD Software sales for 2023 through 2029. With CAD Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CAD Software industry.

This Insight Report provides a comprehensive analysis of the global CAD Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CAD Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CAD Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CAD Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CAD Software.

The global CAD Software market size is projected to grow from US$ 4989.3 million in 2022 to US$ 7718.5 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

APAC dominated the CAD Software market, followed by Europe. The dominance in the APAC region is mainly attributed to the industrialization and developments in IT infrastructure, North America accounts much share mainly attributed to the strong presence of distributors and resellers to sell CAD Software in the region. The global CAD Software market for is highly competitive and fragmented. There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customer.

This report presents a comprehensive overview, market shares, and growth opportunities of CAD Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    by Technology Type
        2D CAD Software
        3D CAD Software
    by Licenses Type
        Perpetual Licenses
        SaaS Licenses
    by Development Type
        Cloud-based
        On Premises

Segmentation by application
    Electronic
    Mechanical Design
    Automotive
    Shipbuilding
    Aerospace
    Industrial and Architectural Design
    Prosthetics
    Movies and Advertising
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Autodesk
    Dassault Systemes
    PTC
    Siemens PLM Software
    Bentley Systems
    Altair Engineering
    IMSI Design
    Hexagon
    ANSYS
    Corel Corporation
    ZWCAD Software
    Gstarsoft
    IronCAD