The global 3D CAD Software Market size is projected to reach a CAGR of 6.4% from 2022-2028.
Global 3D CAD Software Market Definition 3D CAD, or three-dimensional computer-aided design, is a technology for design and technical documentation, which replaces manual drafting with an automated process. Used by architects, engineers, and other professionals, the 3D CAD Software Market precisely represents and visualizes objects using a collection of points in three dimensions on the computer. Autodesk has a broad portfolio of 3D CAD Software Market programs to help people explore and share ideas, visualize concepts, and simulate how designs will perform before they are made.
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The growing use of computer-aided design in the automotive industry, coupled with manufacturers’ increased focus on additive manufacturing is supporting the long-term expansion for 3D CAD Software Market.
Recent Developments
- March 2021, Autodesk, Inc. launched Autodesk Take-off, a feature that empowers estimators to carry out 2D & 3D quantification workflow with various tools. The newly launched feature facilitates increased collaboration, accuracy, and speed in the estimation process.
- In April 2018, Autodesk launched an upgraded version of Fusion 360. It helped different industries, especially automotive & aerospace, enhance product designs.
Prominent Players
· Autodesk, Inc.
· Bentley Systems, Inc.
· Hexagon AB
· Oracle
· PTC
· Siemens
· Dassault Systèmes SolidWorks Corp.
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North America to Dominate the Market
North America accounted for the highest revenue share of 2020 and is anticipated to maintain its dominance even during the forecast period. This can be attributed to the support offered by the U.S. government for deploying digitization solutions that will enhance the development of the manufacturing industry in the region, thus encouraging the implementation of 3D CAD software solutions.
3D CAD Software Market Segmentation:
On the basis of Deployment Mode
· Cloud
· On-premise
On the basis of Application
· Architecture, Engineering, & Construction (AEC)
· Manufacturing
· Automotive
· Healthcare
· Media & Entertainment
· Others
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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