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| - A new report from Jon Peddie Research (JPR) finds the CAD market stronger than ever, thanks to the engine of digitalization, which is changing the landscape of design and engineering. This press release features multimedia. View the full release here: Figure 1: Revenues for the CAD software market from 2006 to 2022. (Graphic: Business Wire) The market is anticipated to have a healthy growth rate of over 2.4% over the forecast period 2018-2022. The Computer-Aided Design Market is expected to reach USD $9 billion by 2022. New synergies are enabling strong growth in the CAD industry. The large CAD customers in automotive, aeronautic, construction, machine design, and process & power industries are moving towards systems design and the development of digital twins that enable customers to create working models of buildings, vehicles, plants, and products. Concentrating on the 10 market leaders: Autodesk, Aveva, Bentley Systems, Dassault, Graebert, Hexagon, Nemetschek, PTC, Siemens Digital Industries, and Trimble, the JPR report also considers data from up to 36CAD companies making approximately 53 products. The report looks at the major market segments and provides overall market share figures, user numbers, and geographical breakdowns for AEC, Manufacturing, Process, Power & Marine. JPR highlights industry trends, drivers, and challenges and incorporates both qualitative and quantitative aspects of the industry. "The leading CAD companies are finding room to forge their way in specialized markets as world industries transform their workflows via digitalization. The transition to 3D workflows is enabling CAD customers to build digital twins to test and model designs before they are built and monitor them in operation," says Analyst, Kathleen Maher. Pricing and Availability JPR's Worldwide CAD Market report is available electronically for $6,000. Included with this report are four hours of consulting time. JPR also publishes a series of reports on the Workstation market, which covers the total market including systems and accessories for six regions. For more information, contact Robert@jonpeddie.com. About Jon Peddie Research Jon Peddie has been active in the graphics and multimedia fields for more than 30 years. Jon Peddie Research is a technically oriented multimedia and graphics research and consulting firm. Based in Tiburon, California, JPR provides consulting, research, and other specialized services to technology companies in a variety of fields including graphics development, multimedia for professional applications and consumer electronics, high-end computing, and Internet-access product development. JPR's WorldwideCAD Market Report is a trademark of Jon Peddie Research. All other tradenames and trademarks referenced are the property of their respective owners. View source version on businesswire.com: Contact Jon Peddie, JPR 415/435-9368 jon@jonpeddie.com Robert Dow, JPR 415/435-9368 robert@jonpeddie.com Media Contact Carol Warren, CREW Communications 714.890.4500 carol@crewcommunications.com © 2020 Business Wire, Inc. Disclaimer: This material is not an AFP editorial material, and AFP shall not bear responsibility for the accuracy of its content. In case you have any questions about the content, kindly refer to the contact person/entity mentioned in the text of the release.
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