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CAD Software Market Size, Status, Top Players, Trends in Upcoming Years

P&S Intelligence considers all these advantages while forecasting a 6.6% CAGR for the CAD software market between 2020 and 2030, at which the revenue generated from the licensing and subscription of such programs will rise to $18.7 billion by 2030 from $9.3 billion in 2019. Seeing this, software vendors have started offering this software for beginners, intermediates, and professionals. Among these, intermediate-level versions are sold the most as they offer a fine balance between functionality and cost.

Moreover, with the increasing product complexities and requirements for skilled CAD professionals, software versions that offer the highest degree of functionality are witnessing a surging licensing and subscription rate. In the coming years, the usage of this software will burgeon in the healthcare sector on account of the increasing complexity of medical issues, which is creating the need for cutting-edge devices and equipment.


 For instance, for the purpose of implants, data from radiological scans can be fed to the CAD software to create the perfect model of the prosthesis or organ to be implanted. Moreover, with medical implants increasingly being created via 3D bioprinting, the need for CAD software will rise, as the 3D printer essentially manufactures the CAD model. Similarly, the usage of this software is booming in the automotive sector, which is one of the most intensely competed of all.

With the rising demand for modern vehicles with sleek designs and connected, electric propulsion, and autonomous features, the usage of CAD software is surging among automakers. Further, as many people want their automobiles to reflect their personality through looks and performance, CAD software is being leveraged for mass customization, which is not always possible through manual designing.

Presently, North America is the largest CAD software market majorly due to the high importance of these programs in the aerospace & security sector. Being home to some of the largest companies in this industry, including The Boeing Company, Lockheed Martin Corporation, and Bombardier Inc., this continent witnesses wide applications of this software. Additionally, many of the providers of this software are headquartered in the region, which improves the access to it massively.
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