The computer aided design (CAD) software market is witnessing an increase in demand due to the increased adoption by small and medium sized enterprises (SMEs). This increase in adoption has been largely facilitated by the decrease in price of computer hardware.
Further, a number of low-cost design companies are emerging in countries like India. In addition, a large number of large companies from various verticals including engineering, automotive and aircraft manufacturing are either outsourcing design work or setting up their captive units in low-cost design destinations.
The report forecasts the market size of CAD Software Market over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents market size for major countries in various regions. In addition, the report identifies key selling drivers for the CAD Software Market for major verticals.
This report can help IT vendors identify target geographies and verticals. Further, the sales drivers can be used to penetrate the identified vertical or increase the current share of the customers wallet.
TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the Technology Navigators. TechNavio is built on years of experience of the author’s in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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