Computer Aided Design Market Size Worth $17.52 Billion by 2034 | CAGR: 5.70%

The global computer aided design market size is expected to reach USD 17.52 billion by 2034 according to a new study By Polaris Market Research. The Report “Computer Aided Design Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services), By Technology, By Application, By Industry, and By Region -Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Escalated availability of CAD products with more progressive and new features and operations such as increased productivity, enhanced model quality, superior communication, and generating a database for product manufacturing is propelling computer aided software revenue growth. The engaging interface and user-friendly computer-aided design software products have allured noteworthy customers in the market in a short period of time. CAD is popular amongst professionals, and the demand is increasing due to its precision and accuracy.

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Based on industry, media, and entertainment segments, revenue is projected to increase at a steady rate during the forecast. Increased demand for computer aided design software in storyboarding, simulation, and animation is driving the growth of the media and entertainment segment. 

Combining the internet of things, technologies, and capabilities with the regulation of the CAD software products permits drafters to immaculately model and retrofit buildings. One of the most innovative features of this software is mobile accessibility, which permits users to obtain models irrespective of the location. Moreover, with the advancement of cloud technology, engineers can upload and save their work on these platforms, which can be reached anywhere. These advancements have encouraged users and helped in the deployment of CAD software.

Some key players in the global CAD software market include Encore Software, Bentley Systems, Inc., Siemens, CAD International, Dassault Systèmes, Graebert GmbH, Hexagon AB, Autodesk, Inc., Oracle, PTC, Trimble Inc, and TurboCAD.

Polaris Market Research has segmented the computer aided design market report on the basis of component, technology, application, industry, and region:

Computer-Aided Design, Component Outlook (Revenue - USD Billion, 2020-2034)

• Software
• Services

Computer-Aided Design, Technology Outlook (Revenue - USD Billion, 2020-2034)

• 3D Technology
• 2D Technology

Computer-Aided Design, Application Outlook (Revenue - USD Billion, 2020-2034)

• 3D Printing
• Assembly
• Surface Modelling
• Reverse Engineering
• Drafting Detailing
• Others

Computer-Aided Design, Industry Outlook (Revenue - USD Billion, 2020-2034)

• Electrical and Electronics
• Automotive
• Construction
• Industrial Equipment
• Media & Entertainment
• Others

Computer-Aided Design, Regional Outlook (Revenue - USD Billion, 2020-2034)

• North America
  • U.S
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • Malaysia
  • Indonesia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa