Computer-Aided Design (CAD) Market Continues Its Dramatic Growth – 7% CAGR
According to a new research report from leading analyst firm Jon Peddie Research (JPR), Computer-Aided Design (CAD) software is used for design documentation and mechanical design.
- According to a new research report from leading analyst firm Jon Peddie Research (JPR), Computer-Aided Design (CAD) software is used for design documentation and mechanical design.
- The digital revolution of the last 20 years has driven CAD to become the centerpiece of a modern digital reality.
- The Computer-Aided Design software market is forecasted to reach US$16 billion by 2027, driven mainly by the increased use of Digital Twin systems.
- The prominent players in the market are Autodesk, Dassault, and Siemens, which control over 65% of the market.