2015 CAD Report
The CAD market returns to growth; reaches $8 billion in 2014
JPR’s CAD Report 2015 breaks out the CAD market and reports on the industry’s evolution and growth including company market share, geographies, market segments, and end users. In addition the report provides a forecast for the CAD industry between 2015-2017.
This report provides an overview of the CAD industry with historical data and forecasts. The field of CAD has grown to encompass many disciplines, industries, and capabilities, the report concentrates on the tools used to produce CAD drawings and models. From that point of view we offer market share data for the major companies, geographic breakdowns, an estimate of users, and forecasts for the future.
Jon Peddie Research estimates the CAD software market to be an $8 billion market with 5.15 annual users. We expect the market to grow to $8.7 billion at a CAGR of 4%.
The CAD market has been marked by a modest growth rate for decades, but that doesn’t mean the industry is not changing. We have seen significant changes in the years following the recession in 2009. As is typical in all recessions the industry has become more efficient, it has tightened in terms of employment, and it is poised for growth in the coming years.
We see the market changing dramatically as the advantages of a digital workflow are extended to the field and to the shop floor. New access to training and software is helping the CAD workforce. move to more efficient methods and advance their skills. The long, long awaited transition to 3D is picking up speed and the gap between 2D and 3D workflows is growing more pronounced in some industries. This report is intended to provide a broad overview of the major CAD markets and the dynamics within those markets.
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