By DE Editors
Jon Peddie Research (JPR) announced the availability of the Worldwide CAD Market Report 2012. According to the report, the CAD Market was worth approximately $5 billion in 2009. It reached $6.4 in 2010 and $7 billion in 2011.
JPR puts the total number of CAD users at 18.5 million in 2010, and expects that to increase to 19 million in 2011. CAD revenues are split 37% for the Americas, 38% for EMEA, 21% for Asia, and 4% for ROW.
Worldwide, all markets slowed down during the economic recession of 2008-2009, but appear to be improving. Asia and India barely slowed and new markets are joining them including Latin America, Africa, Southeast Asia, and the Middle East. In the near term JPR expects slowed growth in several markets due to economic uncertainty in the U.S. and Europe. The hardest hit market will be AEC (Architecture, Engineering, and Construction).
The company also expects new opportunities opened up by cloud computing, apps, and tablets give CAD companies an opening to provide high-volume, low-cost consumer applications, along with new ways to offer boutique services to valued subscription customers.
The CAD report includes market share data among the major CAD vendors, geographic data, and takes a closer look at the larger sub-segments: MCAD, AEC, Process & Power, and GIS. Also included in the report are market forecasts to 2016 and a discussion of the trends that have influenced the forecast.
For more information, visit Jon Peddie Research.
Sources: Press materials received from the company and additional information gleaned from the company’s website.