Special Offering :
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
The Europe 3D CAD Software Market would witness market growth of 5.3% CAGR during the forecast period (2017 - 2023). Growing adoption of cloud-based solutions has further added the market attraction, and cloud has been a major reason driving the market expansion, globally. The deployment of cloud-based solutions has significantly reduced the overall implementation and ownership cost, which otherwise was relatively higher.
The ever-growing need for tooling and rapid prototyping in the aerospace & defense, automotive, and industrial sectors would further add to the market attractiveness. CAD software is used in concept designing, creating product designs, carrying out simulations and analysis, and in performing engineering calculations. Simply put, CAD software helps in experimentation, exploration, and iteration which are used in making most of design's potential.
With the use of the software, better products are produced and more efficiently, also at less cost. Based on Deployment Types, the market report segments the market into Cloud and On-Premise. Based on Verticals, the Europe 3D CAD Software market segments the market into Manufacturing, Automotive, Healthcare, Media & Entertainment, Architecture, Engineering & Construction, and Others.
Based on Countries, the Europe 3D CAD Software market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe. The market research report covers the analysis of key stake holders of the Europe 3D CAD Software Market. Key companies profiled in the report include Autodesk, Inc., Bentley Systems, Incorporated, Bricsys NV, CAXA Technology Co., Ltd., Dassault Systemes, Nemetschek (Graphisoft SE), Oracle Corporation, Siemens AG ( Siemens PLM Software, Inc.), Schott Systeme GmbH, and PTC, Inc.