What Has Been the Growth of the 3D CAD Software Market So Far?
The 3d cad software market has seen considerable growth due to a variety of factors.
• In the last few years, there has been a consistent increase in the market size of 3D CAD software. This growth is projected to continue from a valuation of $10.75 billion in 2024 to $11.25 billion in 2025, implying a compound annual growth rate (CAGR) of 4.7%.
This noticeable growth during the historical period is linked to various factors, such as the globalization of design and manufacturing, an increase in product design complexities, the emergence of simulation and analysis tools, and a heightened focus on product lifecycle management.
How Does the Forecast Look for the 3D CAD Software Market?
The 3d cad software market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, the market size of 3D CAD software is anticipated to witness robust growth, reaching $15.22 billion by 2029 with a compound annual growth rate (CAGR) of 7.8%.
This growth during the prediction period can be credited to the swift expansion of sectors such as automotive and healthcare, escalated usage of building information modeling (BIM), and emphasis on sustainable design. Key trends anticipated during this forecast period encompass advancements in artificial intelligence (AI) and machine learning (ML), technological progression, mobile CAD applications, open-BIM collaborations, and advancements in parametric modeling.
What Are The Core Factors Supporting Growth In 3D CAD Software Market?
The surge in the requirement, attributable to the expanding automotive industry, is anticipated to be a significant impetus for the 3D CAD software market during the estimated period. CAD technology serves several purposes in the realm of automotive engineering and design, fostering prototyping and augmenting precision to revamp operational processes while enhancing product designs for business growth. For example, in April 2024, the International Energy Agency, an independent agency based in France, reported that around 18% of total car sales in 2023 were electric vehicles, marking an upsurge from 14% in 2022. Consequently, the escalating embracement of electric vehicles is predicted to play a pivotal part in propelling the 3D CAD software.
How Are The Segments Defined Within The Global 3D CAD Software Market?
The 3D cad software market covered in this report is segmented –
1) By Deployment Outlook: Cloud, On-premise
2) By Enterprise Size: Small Business, Midsize Enterprise, Large Enterprise
3) By Application: Automotive, Architecture, Healthcare, Manufacturing, Construction, Media And Entertainment, Engineering, Other Applications
Subsegments:
1) By Cloud: SaaS (Software As A Service), PaaS (Platform As A Service)
2) By On-Premise: Licensed Software, Perpetual License, Subscription License
Pre-Book The 3D CAD Software Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Expected To Influence The Growth Of The 3D CAD Software Market?
Quick progression in technology is influencing the 3D CAD software market. This advancement refers to the enhancement of the usual operational procedures by modifying the production process through technology. This is done to streamline the process and make it more efficient, superior, and faster. For example, in March 2022, an American-based international software corporation named Autodesk launched AutoCAD 2023. This will aid designers with improved insights, partnership, and mechanization during the creation of 3D models and designs. This latest software has a feature to import feedback into the drawings automatically, lowering the chance of inaccuracies and saving time.
Who Are the Key Players in the 3D CAD Software Market?
Major companies operating in the 3D cad software market include:
• Siemens PLM Software Inc.
• Hexagon AB
• Autodesk Inc.
• Trimble Inc.
• ANSYS Inc.
• Parametric Technology Corporation
• Dassault Systèmes
• Bentley Systems Inc.
• Nemetschek Group
• ZWSOFT Co. Ltd.
• Altair Engineering Inc.
• 3D Systems Inc.
• ESI Group
• Graebert GmbH.
• ActCAD LLC
• Onshape Inc.
• IronCAD LLC.
• Kubotek Corporation
• Cadonix Ltd.
• Bricsys NV
• CAXA Technology Co. Ltd.
• Graphisoft SE
• Schott Systeme GmbH
• SolidWorks Corp.
• Cimatron Ltd.
• TurboCAD
• Ashlar-Vellum
• CAD Schroer GmbH
• CADENAS GmbH
• Tech Soft 3D
• OPEN MIND Technologies AG
• Dassault Systèmes SolidWorks Corp.
• 3D Systems Corporation
What Is The Most Dominant Region In The 3D CAD Software Market?
North America was the largest region in the 3D CAD software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3d cad software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
