Research and Markets: CAD Market in North America 2012-2016: CAD Market in North America Witnessing Emerging Trend Where Numerous Vendors are Increasingly Developing Cloud-Based CAD Solutions

DUBLIN — (BUSINESS WIRE) — October 18, 2013Research and Markets ( http://www.researchandmarkets.com/research/plgzws/cad_market_in) has announced the addition of the "CAD Market in North America 2012-2016" report to their offering.

The analysts forecast the CAD market in North America to grow at a CAGR of 9.99 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for enhanced product visualization. The CAD market in North America has also been witnessing the development of cloud-based CAD solutions. However, the availability of open-source and pirated CAD solutions could pose a challenge to the growth of this market.

The key vendors dominating this market space are Autodesk Inc., Dassualt Systemes SA, PTC, and Siemens PLM Software Inc.

The other vendors mentioned in the report are Alibre Design, Aveva Group Plc., Bentley Systems Inc., ESI Group, Intergraph Corp., Nemetschek AG, and ProgeCAD.

Commenting on the report, an analyst from the team said: Cloud computing technology is becoming increasingly popular among organizations because it offers huge data storage space, provides flexibility, and enables scalability. Hence, several CAD solution vendors have started developing cloud-based CAD solutions. The pay-per-use model also reduces the overall cost of CAD software adoption. Moreover, several users can remotely access cloud-based digital manufacturing software solutions at any time and in any place. Furthermore, cloud-based digital manufacturing software can be scaled-up with features easily. Hence, the CAD market in North America is witnessing an emerging trend where numerous vendors are increasingly developing cloud-based CAD solutions to meet the huge demand from end-users.

According to the report, in today's competitive business environment, on-time delivery of products is an important factor for companies. Enterprises have to delay product launches or delay delivering products on-time when suppliers delay the manufacturing and delivering of semi-finished products. However, the time required for product delivery can be drastically reduced if efficient CAD software is in place and if it is optimally utilized. Thus, the effective deployment of CAD software enables the streamlining of manufacturing operations and processes, which enables a faster response to ever-changing business requirements. This therefore paves the way for the development of better-quality designs that help in the seamless manufacturing of products. This in turn leads to faster and on-time delivery of quality products.

For more information visit http://www.researchandmarkets.com/research/plgzws/cad_market_in

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.





Review Article Be the first to review this article

Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
From Within the Herd (June 1, 2020) – Word Processing vs Meat Processing
Jobs
Mechanical Designer for TechnipFMC at Houston,, Texas
Geographic Information System Analyst II for State of Idaho at Boise, Idaho
ROV Pilot II for TechnipFMC at Houston,, Texas
GIS Analyst #14713 for State of Missouri at Jefferson City,, Missouri
Upcoming Events
BUILDINGSNY -postponed June 17-18, 2020 at Javits Center New York City NY - Jun 17 - 18, 2020
Urban Planning & Architectural Design for Sustainable Development – 5th Edition at Rome,Italy Roma Tre University Rome Italy - Jul 7 - 9, 2020
Cities’ Identity Through Architecture and Arts – 4th Edition at Rome,Italy Rome Italy - Jul 7 - 9, 2020
AEC Next Technology Expo + Conference (NEW DATE), at McCormick Place Chicago IL - Jul 27 - 29, 2020
Kenesto: 30 day trial
Bentley: Livestream On Demand
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise