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The Latin America, Middle East and Africa 3D CAD Software Market would witness market growth of 8.4% CAGR during the forecast period (2017-2023). 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. 3D CAD software has a powerful influence on the automotive sector, as the adoption has helped in rapid prototyping in the pre-manufacturing stage, which has led to significant reduction in the time to market. Key automotive companies such as Honda Motor Co., Ltd., Toyota Motor Corporation, Audi AG, Maruti Suzuki India Limited, and BMW AG have adopted various software packages for manufacturing different parts of their vehicles.
Based on Deployment Types, the market report segments the market into Cloud and On Premise. Based on Verticals, the Latin America, Middle East and Africa 3D CAD Software market segments the market into Manufacturing, Automotive, Healthcare, Media & Entertainment, Architecture, Engineering & Construction, and Others. Based on Countries, the Latin America, Middle East and Africa 3D CAD Software market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the Latin America, Middle East and Africa 3D CAD Software Market. Key companies profiled in the report include Autodesk, Inc., Bentley Systems, Incorporated, Bricsys NV, CAXA Technology Co., Ltd., Dassault Syst?mes, Nemetschek (Graphisoft SE), Oracle Corporation, Siemens AG ( Siemens PLM Software, Inc.), Schott Systeme GmbH, and PTC, Inc.