EDITOR’S NOTE: Excerpts from JPR CAD report are available on request.
The CAD market returns to growth; reaches $8 billion in 2014
A giant software industry once dismissed as mature sprouts green shoots
Jon Peddie Research (JPR), the industry's research and consulting firm for graphics and multimedia, announced the completion of the CAD market study with historical data and forecasts.
JPR’s CAD Report tracks suppliers of CAD software and related products and has done so for over 15 years.
The news is encouraging and consistent with economic trends. 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 5.15M annual users. We expect the market to grow to $8.7 billion in 2017 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.
As the advantages of a digital workflow are extended to the field and to the shop floor the numbers of people accessing CAD data are growing. 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.
Pricing and Availability
Jon Peddie Research's Worldwide CAD Market Report is available now in electronic copy editions and sells for $6.000. For information about purchasing the CAD Report, please call 415/435-9368 or visit the Jon Peddie Research website at www.jonpeddie.com.
JPR also publishes a series of reports on the workstation Hardware Market, which covers system and accessories and looks at 10 regions. More information can be found here: http://www.jonpeddie.com/publications/workstation_report/
Contact Robert Dow at JPR (Robert@jonpeddie.com) for a free sample of TechWatch.
About Jon Peddie Research
Dr. Jon Peddie has been active in the graphics and multimedia fields for more than 30 years. Jon Peddie Research is a technically oriented multimedia and graphics research and consulting firm. Based in Tiburon, California, JPR provides consulting, research, and other specialized services to technology companies in a variety of fields including graphics development, multimedia for professional applications and consumer electronics, high-end computing, and Internet-access product development. Jon Peddie Research's AIB Report is a quarterly report focused on the market activity of PC graphics controllers for notebook and desktop computing.