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The 3D Computer Aided Design (CAD) Software Market size is forecast to increase by USD 3.82 billion, at a CAGR of 6.79% between 2023 and 2028. The rising need for standardized design development processes is a major driver of global 3D CAD software demand. Widely used across manufacturing, automotive, aerospace, architectural, and product design sectors, 3D CAD software streamlines and organizes design workflows. As industries emphasize efficiency and collaboration, these tools facilitate systematic creation, revision, and optimization of designs, reducing errors, and accelerating time-to-market. Platforms like Autodesks Fusion 360 and Dassaults SOLIDWORKS promote seamless collaboration and version control, enhancing operational efficiency and competitive advantage.
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The on-premises segment is estimated to witness significant growth during the forecast period. On-premises segment refers to the traditional model where the software is installed and runs on the user's local computer or server. In addition, this is installed on the user's hardware and is managed by the user or the enterprise's IT department.
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The on-premises segment was the largest segment and was valued at USD 4.90 billion in 2018. Moreover, one of the main advantages is that users have complete control over the software, including optimization and customization according to different business requirements. In addition, this type is particularly suited for companies that have internal IT capability and can afford the infrastructure hardware cost and maintenance expenses. Furthermore, they also offers greater data security and privacy as data is stored locally, not in the cloud. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.
The various advantages offered by the 3D CAD software in the manufacturing segment will increase the market growth. The manufacturing segment comprises the manufacturing (designing and integrating with production machinery) of electrical tools, semiconductor devices, defense machinery, aerospace, and military-related products. In addition, manufacturers use these to design prototypes of their products that are of the exact dimensions of the actual products they envision and plan to sell. Moreover, the key agenda of manufacturers is to enable a faster production process, increase the efficiency of operations, and minimize waste while simultaneously reducing energy consumption. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.
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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecast, detailing the regional market trends and analysis and drivers influencing the market's trajectory throughout the forecast period. Another region offering significant growth opportunities to companies is North America. The market growth in North America is fuelled by the presence of many established manufacturing companies such as Boeing, General Motors, and General Electric in the US. In addition, these companies have been using 3D CAD software for product designing, manufacturing, and research and development (R&D) activities. Moreover, the US also has the presence of many large and prominent companies, such as Autodesk and PTC, that offer 3D CAD products for domestic as well as international markets. Furthermore, the aerospace and defense-based manufacturing industry in North America is one of the significant buyers of 3D CAD software. Hence, such factors are driving the market growth in North America during the forecast period.
The market is thriving with advancements in 3D modeling and simulation testing, catering to diverse sectors such as automotive, packaging machines, and AEC (Architecture, Engineering, and Construction). This market offers mobile-friendly solutions and cloud-based deployment options, facilitating virtual prototypes and remote work capabilities for designers, engineers, and architects. Mechatronic engineering benefits from solid and surface models created using advanced software like NX CAD, enhancing precision in product development. In the automotive sector, 3D CAD software supports the design of automotive products, optimizing manufacturing processes and improving efficiency. For the AEC industry, these tools aid in building and construction projects by providing robust data management and virtual reality experiences. As industries evolve, the demand for 3D CAD software continues to grow, driven by innovation and the need for enhanced visualization and collaboration in complex engineering and design environments.
The market is notably driven by the increasing availability of subscription-based 3D CAD software. These models offer organizations flexibility, cost-effectiveness, and easy access to the latest updates. Unlike traditional perpetual licenses requiring hefty upfront commitments, subscriptions allow for monthly or annual payments, aligning costs with usage.
Leading companies like Autodesk and PTC have embraced this model with products such as AutoCAD, Fusion 360, and Creo, making complex 3D CAD tools more accessible and scalable. This trend positively impacts market growth across various industries, including the medical device sector, enhancing maintenance, troubleshooting efforts, and collaboration.
An influential market driver is the digitization catalyzed by Computer-Aided Design (CAD) technology within healthcare. This digitization trend is particularly pronounced in the global medical device industry, where CAD technology plays a pivotal role. CAD enables the creation of intricate 3D models essential for various medical applications, including surgery planning, prosthetics, and custom implants.
Moreover, one notable application involves leveraging CAD technology to develop and tailor patient-specific implants, ensuring precise fitment and enhancing overall medical outcomes in healthcare. Additionally, CAD facilitates the generation of anatomical models for educational purposes, aiding medical professionals in comprehending complex structures and surgical procedures. Consequently, these factors propel market growth throughout the forecast period.
One of the significant challenges confronting the market is the escalating risk of piracy concerning cloud-based 3D CAD software. This mounting threat poses a substantial hurdle to the global market, especially concerning cloud-based solutions. Vulnerable to unauthorized access and illicit duplication, cloud-based software is susceptible due to its reliance on internet connectivity and centralized servers.
Moreover, piracy not only undermines the revenue streams of these companies but also jeopardizes data security and intellectual property. The prevalence of unauthorized individuals downloading and employing such software without legal licensing agreements is increasingly prevalent, posing a threat to industry profitability and impeding innovation. Consequently, this trend exerts a detrimental impact on the market, thwarting growth prospects throughout the forecast period.
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ANSYS Inc: The company offers Ansys SpaceClaim used for 3D printing, design and concept modeling, sheet metal, and motion dynamics designs. It also offers 3D CAD Modeling Software free 30-Day trial for customers.
Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market is rapidly evolving with innovations like solid and surface models, supporting industries ranging from automotive manufacturers to healthcare applications. Advanced technologies such as 3D printing and artificial intelligence enhance capabilities in designing components, vehicles, and customized implants based on patient anatomy and medical imaging data. Automation and AI-driven tools like Autodesk Inventor streamline industrial design processes, while virtual reality technology aids in creating immersive virtual environments for design and simulation. Cloud computing and SaaS-based applications enable flexible on-premises deployment and multi-factor authentication, ensuring secure access to digital design tools across various sectors including oil and gas and additive manufacturing. As the demand for precision and efficiency grows, 3D CAD software continues to play a pivotal role in transforming how products are designed, tested, and manufactured in today's competitive global market.
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Market Scope |
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Report Coverage |
Details |
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Page number |
177 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.79% |
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Market Growth 2024-2028 |
USD 3.82 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.37 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Altair Engineering Inc., ANSYS Inc., Autodesk Inc., Bentley Systems Inc., Caddie Ltd., Constellation Software Inc., Corel Corp., Dassault Systemes SE, Graebert GmbH, Hexagon AB, IMSI Design LLC, IronCAD LLC, Jytra Technology Solutions Pvt. Ltd., Nemetschek SE, PTC Inc., Siemens AG, SketchList, SolidCAM GmbH, Trimble Inc., and ZWSOFT CO. LTD. |
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Market dynamics |
Parent market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our market growth and forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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