Research and Markets: Global 3D CAD Market 2011-2015

DUBLIN — (BUSINESS WIRE) — May 3, 2012Research and Markets ( http://www.researchandmarkets.com/research/4dwn8b/global_3d_computer) has announced the addition of the "Global 3D Computer-aided Design Market 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the need to reduce product development time and cost. The Global 3D Computer-aided Design market has also been witnessing development of mobile 3D CAD applications. However, the high availability of open source 3D CAD software could pose a challenge to the growth of this market.

Key vendors dominating this market space include Dassault Systemes SA, Siemens PLM, Parametric Technology Corp., and Autodesk Inc.

Commenting on the report, an analyst from TechNavio's Engineering team said; Cloud-based services offer huge data storage, access to subscribed software, and security. These features have led to an increase in the development of cloud-based 3D CAD applications. Cost-effectiveness, easy access, and flexibility are some of the major factors that are driving this trend. Thus, small and medium enterprises (SMEs) prefer cloud-based 3D CAD solutions because there is no need for a huge initial investment. Further, it also enables the end-user to pay per use or on a rental basis, avoiding subscription fees, software licenses, and hardware costs.

According to the report, the increasing need to reduce the development time and cost of products is one of the major drivers for the Global 3D CAD market. There is increased demand for cost-effective quality product development in industries such as Automotive, Aerospace, Electrical and Electronics, and Industrial Machinery. This increases the competition in these industries and thus drives the growth of the Global 3D CAD market.

Further, the report also discusses that the high availability of open source 3D CAD software affects the growth of commercial 3D CAD vendors in the Global 3D CAD market.

For more information visit http://www.researchandmarkets.com/research/4dwn8b/global_3d_computer



Contact:

Research and Markets
Laura Wood, Senior Manager.
Email Contact
U.S. Fax: 646-607-1907
Fax (outside U.S.): 353-1-481-1716
Sector: Software




Review Article Be the first to review this article

Featured Video
Editorial
More Editorial  
Latest Blog Posts
Colin WallsEmbedded Software
by Colin Walls
Variable declarations in C – plenty of pitfalls
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
AUGER: Celebrating Our Users
2021 EDACafe PredictionsEDACafe Editorial
by 2021 EDACafe Predictions
Atmosic Technologies Electronics Design Industry Predictions
Jobs
Pre-silicon Design Verification Engineer for Intel at Santa Clara, California
SerDes Applications Design Engineer for Xilinx at San Jose, California
Sr Engineer - RF/mmWave IC Design for Global Foundaries at Santa Clara, California
Principle Engineer (Analog-Mixed-Signal Implementation) for Global Foundaries at Santa Clara, California
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
Technical Product Manager- SISW-EDA 238452 for Siemens AG at Fremont, California
Upcoming Events
DVCon U.S. 2021 at Virtual - Mar 1 - 4, 2021
IPC APEX EXPO 2021 Goes Virtual at - Mar 8 - 12, 2021
ISQED'21 - 22nd International Symposium at POB 607 Los Altos CA - Apr 7 - 9, 2021
ADAS Sensors 2021 at The Henry Hotel 300 Town Center Drive Dearborn MI - Apr 7 - 8, 2021
Verific: SystemVerilog & VHDL Parsers



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise