3D CAD software market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The rising use of 3D CAD software in designing and crafting products is driving the growth of the 3D CAD Software Market. This software offers several advantages in managing complex designs including increased accuracy, automating common processes, and making quick changes to the designs. It also allows users to access libraries of routinely used items such as doors, windows, and manufacturing parts. Moreover, the growing investment in 3D CAD software and rising start-ups are further anticipated to increase the demand for 3D CAD software during the forecast period. For instance, in July 2022, Fortissimo Capital invested around $40 million in 3D modeling solutions and signed a deal to acquire control of Simplex Mapping Solutions. Through this investment, the company aims to expand Simplex's operations, increase product development, extends into new international markets, and develop additional platforms for mapping and creating 3D models. However, the high cost of the initial setup of 3D CAD software is expected to restrain the growth of the 3D CAD software market.
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3D CAD (Computer Aided Design) Software Market Segmentation
By Deployment
- Cloud
- On-Premises
By Application
- Manufacturing
- Architecture & Construction
- Automotive & Transportation
- Healthcare
- Media & Entertainment
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3D Systems, Inc.
- Bentley Systems, Inc.
- CAXA Technology Co., Ltd.
- Dassault Systèmes
- Hexagon AB
- PTC, Inc.
- Schott Systeme GmbH
- Sculpteo Inc.
- SolidWorks Corp.
- Stratasys Ltd.
- ZWSOFT CO. LTD.
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