JPR: CAD Market Growing Again

Jon Peddie Research (JPR), a market watcher that tracks the design software market, has some good news. The CAD market is growing again — to the tune of $8 billion in 2014. The company writes, “Jon Peddie Research estimates the CAD software market to be an $8 billion market with 5.15 million annual users.”“We expect the market to grow to $8.7 billion in 2017 at a CAGR of 4%.”

In JPR’s market share breakdown, Autodesk leads the pack at 29%. The rest of the pie is divided by Dassault Systemes (22%), Siemens PLM Software (11%), and PTC (9%).

The landscape appears to be dominated by the usual suspects, but Kathleen Maher, VP and editor-in-chief of JPR’s Tech Watch, said, “We are seeing the industry open up for new players and those new players are bringing new technologies with them. Most dramatically, of course, are the arrivals of Hexagon and Trimble, who are combining metrology with design and documentation to build location-aware CAD processes. Other companies helping change the face of CAD include SpaceClaim, which has been acquired by ANSYS; and GrabCAD, which has been acquired by Stratasys. I might even mention TechSoft, which has translation tools and 3D PDF publishing tools. It’s been tough to shoehorn traditional CAD approaches into complementary market like simulation, analysis, 3D printing, visualization, etc. These companies are tackling those kinds of problems.” … (read more)

Source: Deskeng.com

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