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3D CAD Software Market Worth $13.12 Billion by 2025 | CAGR: 5.8%: Grand View Research, Inc.SAN FRANCISCO, August 28, 2017 /PRNewswire/ -- The global 3D CAD software market is expected to reach USD 13.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 5.8% over the forecast period, owing to increasing adoption of 3D printing and cloud-based CAD solutions has revolutionized the engineering software industry. Moreover, the advent of industrialization has led to the emergence of quality checks and inspection agencies to examine the entire product development and production processes. This has led manufacturers to meet the requirements of regulatory bodies. The need for meeting these rules and regulations are compelling product developers to adopt 3D CAD software to create quality products. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Furthermore, the increased focus on improving productivity by augmenting the design process is expected to boost the adoption of 3D CAD software. The need for product visualization and rapid prototyping is driving market growth. Additionally, end markets are focusing on outsourcing design and drafting services to boost their productivity. The need for faster time-to-market for offering reliable designs has facilitated the trend of design outsourcing. As these tools and solutions have become increasingly reliable and accurate over time, several industries such as aerospace, automotive, and manufacturing have transitioned from 2D to 3D solutions. The competitiveness in this industry has intensified as solution providers have started collaborating with associated technology providers to expand into new markets. Customers consistently expect upgrades in the existing design and drafting products, as a result of which developers are heavily investing in R&D activities. Browse full research report with TOC on "3D CAD Software Market Analysis By Deployment (Cloud; On-Premise), By Application (Architecture, Engineering, Construction (AEC); Manufacturing; Automotive; Healthcare), By Region, And Segment Forecasts, 2014 - 2025" at: http://wwwgrandviewresearch.com/industry-analysis/3d-cad-software-market Further key findings from the report suggest:
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Grand View Research has segmented the 3D CAD software market based on deployment, application, and regions:
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. 
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