Computer Aided Design (CAD) Software Global Market Report 2024

The computer aided design (CAD) software market size has grown strongly in recent years. It will grow from $17.82 billion in 2023 to $19.04 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth observed in the historic period can be attributed to several key factors. Firstly, the ongoing digital transformation across industries has driven the adoption of computer-aided design (CAD) software, facilitating more efficient and streamlined design processes, the establishment of standards and protocols has enhanced interoperability and collaboration among CAD systems and other manufacturing technologies. Moreover, the increased utilization of 3D printing technologies has spurred demand for CAD software, as designers seek to create and optimize digital models for additive manufacturing processes. Furthermore, there has been a growing need for simulation and analysis capabilities within CAD software, enabling designers to evaluate the performance and behavior of their designs in virtual environments.

The computer aided design (CAD) software market size is expected to see strong growth in the next few years. It will grow to $25.2 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be attributed to several key factors driving the evolution of computer-aided design (CAD) software. Firstly, there is a growing demand for expanded design capabilities, fueled by the need for more complex and innovative designs across various industries.

The integration of cloud-based solutions is set to drive substantial growth in the computer-aided design (CAD) software market. Cloud-based solutions, delivered over the internet from remote servers, offer scalability, flexibility, cost-effectiveness, remote access and collaboration, as well as improved business continuity and disaster recovery. CAD software, increasingly integrated into cloud-based platforms, leverages cloud computing technology's benefits, enhancing accessibility, scalability, collaboration, data management, and visualization capabilities. This integration enables organizations and design teams to optimize design workflows, leading to increased efficiency, productivity, and innovation. For example, data from December 2023 by the European Union indicates a notable increase in European businesses purchasing cloud computing services, underscoring the driving force behind the growth of the CAD software market.

Key players in the CAD software market are focusing on technological advancements to enhance their offerings, such as the development of RealGUIDE. RealGUIDE is a cloud-based software suite tailored for implant planning, design, surgical guide design, and other digital dentistry applications. For instance, ZimVie's February 2023 launch of RealGUIDE CAD and full-suite software modules for its digital dentistry platform revolutionizes implant and tooth restoration design. Users benefit from a seamless user interface featuring intuitive icons and wizards, facilitating detailed and sophisticated implant and restoration design. This comprehensive solution fosters collaboration across the digital dentistry team through cloud and mobile technology, enabling immediate loading management from digital wax-up creation to definitive prosthesis fabrication.

In September 2021, Lectra bolstered its presence in the fashion industry by acquiring Gemini CAD Systems. This strategic acquisition enhances Lectra's software suite, positioning the company to drive future advancements in fashion design technology. Gemini CAD Systems, a Romania-based CAD software developer catering to small and medium-sized fashion companies, aligns with Lectra's vision of offering comprehensive solutions tailored to the fashion industry's evolving needs.

Major companies operating in the computer aided design (CAD) software market are Dassault Systèmes SE, Trimble Inc., Siemens Digital Industries Software, Cadence Design Systems Inc., Analysis System Inc, Parametric Technology Corporation, Bentley Systems Inc, Autodesk Inc, Altair Engineering Inc, Graitec Inc, Bricsys, ZWCAD Software Co. Ltd., Vectorworks Inc., EPLAN Software & Service LLC, CadMakers Inc., Robert McNeel & Associates Inc, DataCAD LLC, Graebert GmbH, Open Design Alliance, Hexagon AB, IMSI Design, VariCAD, FreeCAD, nanoCAD, Kubotek3D, IronCAD.

North America was the largest region in the computer aided design (CAD) software market in 2023. The regions covered in the computer aided design (CAD) software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the computer aided design (CAD) software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Computer-aided design (CAD) software is essential for engineers, architects, designers, and drafters, providing specialized tools to create precise and detailed drawings, plans, and models. These programs empower users to design, visualize, and document their concepts in both two-dimensional (2D) and three-dimensional (3D) formats, facilitating efficient and accurate development processes.

The primary categories of computer-aided design (CAD) software are 3D software and 2D software. 3D software enables the creation, manipulation, and visualization of digital models and scenes in three dimensions. These applications come in both on-premise and cloud-based deployments, offering a range of modeling techniques including solid, surface, and wireframe. They find applications across diverse fields such as industrial design, architecture, graphic design, and more.

The computer aided design (CAD) software market research report is one of a series of new reports that provides computer aided design (CAD) software market statistics, including computer aided design (CAD) software industry global market size, regional shares, competitors with a computer aided design (CAD) software market share, detailed computer aided design (CAD) software market segments, market trends and opportunities, and any further data you may need to thrive in the computer aided design (CAD) software industry. This computer aided design (CAD) software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The computer-aided design (CAD) software market consists revenues earned by entities providing services such as voice services, drafting, 3D modeling, and documentation services. The market value includes the value of related goods sold. The computer-aided design software market also includes sales of the user interface, modeling engine, geometry creation tools, editing tools, visualization and rendering, and analysis and simulation tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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