3D CAD (Computer Aided Design) Software Market

1. 3D CAD (Computer Aided Design) Software Market to See Massive Growth by 2029 3D CAD software market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The rising use of 3D CAD software in designing and crafting products is driving the growth of the 3D CAD Software Market. This software offers several advantages in managing complex designs including increased accuracy, automating common processes, and making quick changes to the designs. It also allows users to access libraries of routinely used items such as doors, windows, and manufacturing parts. Moreover, the growing investment in 3D CAD software and rising start-ups are further anticipated to increase the demand for 3D CAD software during the forecast period. For instance, in July 2022, Fortissimo Capital invested around $40 million in 3D modeling solutions and signed a deal to acquire control of Simplex Mapping Solutions. Through this investment, the company aims to expand Simplex's operations, increase product development, extends into new international markets, and develop additional platforms for mapping and creating 3D models. However, the high cost of the initial setup of 3D CAD software is expected to restrain the growth of the 3D CAD software market. To Request a Sample of our Report on 3D CAD (Computer Aided Design) Software Market https://www.omrglobal.com/request-sample/3d-cad-computer-aided-design- software-market The global 3D CAD Software market is segmented based on deployment and application. Based on the deployment, the market is segmented into cloud and on-premise. Based on the application, the market is sub-segmented into manufacturing, architecture & construction, automotive, healthcare, media & entertainment, and others. Among the deployment, the cloud-based sub-segment is expected to propel the growth of the 3D CAD market across the globe, followed by the on-premises. Among the application, the automotive category is projected to witness dominant growth in the 3D CAD Software Market during the forecast period. The increasing use of the 3D CAD software market in designing complex products with precision and accuracy is the primary factor driving the market growth of the segment. With the aid of 3D CAD modeling, it has become possible to create 3D models from the data acquired in a cost-effective and time-saving manner. Further, the automotive industry is witnessing a transformation from gasoline-based fuel to a greener source of fuel, which has propelled the launch of new and innovative models to comply with stringent rules and regulations set by the government. All these factors combined are anticipated to drive strong demand for 3D CAD software in the automotive industry during the forecast period. A full Report of 3D CAD (Computer Aided Design) Software Market https://www.omrglobal.com/industry-reports/3d-cad-computer-aided-design-software-market Report Summary  Current Industry Analysis and Growth Potential Outlook  Research Methods and Tools  Market Breakdown  By Segments  By Region Market Overview and Insights  Scope of the Report  Analyst Insight & Current Market Trends  Key Findings  Recommendations  Conclusion Competitive Landscape  Key Company Analysis  Autodesk, Inc.  Overview  Financial Analysis  SWOT Analysis  Recent Developments  Artec Europe, S.a.r.l.  Overview  Financial Analysis  3.3.SWOT Analysis  Recent Developments  Oracle Corp.  3Overview  Financial Analysis  SWOT Analysis

2.  Recent Developments  Siemens Industry Software Inc  Overview  Financial Analysis  SWOT Analysis  Recent Developments  Key Strategy Analysis Market Segmentation Global 3D CAD (Computer Aided Design) Software Market by Deployment  Cloud  On-Premises Global 3D CAD (Computer Aided Design) Software Market by Application  Manufacturing  Architecture & Construction  Automotive & Transportation  Healthcare  Media & Entertainment  Others For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/3d-cad-computer-aided-design-software-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404