How is Growing Construction Industry Driving Indian CAD Software Market?

The Indian computer-aided design (CAD) software market is predicted to generate a revenue of $696.9 million by 2025, rising from $445.6 million in 2019, exhibiting an 8.2% CAGR during the forecast period (2020–2025), according to a P&S Intelligence report. The key factors leading to the growth of the market are the increasing utilization of the CAD software in the construction industry, rising requirement for improved and accurate designs, and surging need for fast production of goods in the country.

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When technology is taken into consideration, the Indian CAD software market is divided into 3D software and 2D software, between which, the 3D division accounted for the major share of the market in 2019. The division is also projected to grow at a faster pace during the forecast period, owing to the 3D CAD’s accurate & realistic 3D drawings, faster designing capabilities, and the fact that it saves cost and time. Business are widely adopting this adopting this technology due to such advantages.

On the basis of industry, the Indian CAD software market is categorized into manufacturing, architecture, engineering, and construction, out of which, the architecture category is projected to register the highest CAGR during the forecast period. A high number of architectural projects are under consideration in the country, majorly for residential properties. CAD software is used for making the architectural designs, after which, the team of engineers work on the actual construction on the basis of the CAD design.

This market research report provides a comprehensive overview of the India CAD software market

Historical and the present size of the India CAD software
Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential

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