Global 3D CAD Software Market Report and Forecast 2024-2032

Global 3D CAD Software Market Outlook

The global 3D CAD software market stood at a value of around USD 11.55 billion in 2023. The market is further expected to grow at a CAGR of 6.2% in the forecast period of 2024-2032 to attain a value of USD 19.87 billion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Increased Adoption of Cloud Technology to Augment the Growth of the Global 3D CAD Software Industry

Based on deployment, the cloud segment is predicted to lead the 3D CAD software industry. This growth can be associated with the high adoption of cloud-based deployment strategies by many enterprises in a variety of industry verticals owing to the abundant advantages offered by cloud technology, such as collaborative interface, ability to share designs with the stakeholders, cohesive data management, and increased accessibility to important data at any time. Furthermore, based on application, the manufacturing segment is estimated to account for a healthy growth in the forecast period due to the extensive use of 3D CAD software to design manufacturing prototypes and in the process of manufacturing. Thus, the increased utilisation of CAD software is expected to bolster the market growth.

North America to Account for a Significant Market Share in the Global 3D CAD Software Industry

North America is estimated to occupy a significant share of the 3D CAD software industry in the forecast period. This increase can be attributed to the growing implementation of 3D CAD software in the aerospace, defence, and manufacturing sector in the region for the designing of prototypes of various products. Moreover, 3D CAD is being increasingly implemented in the healthcare sector to facilitate the medical imaging process through which medical data such as CT scans can be represented in a 3D model form. In addition, 3D CAD software helps in the process of prototyping prosthetics, further increasing its usage. These factors are expected to catalyse the market growth of the global 3D CAD software industry in the forecast period.

3D CAD Software: Market Segmentation

3D CAD software refers to a 3-dimensional computer-aided designing software. It is a technology for designing and technical documentation that allows for an automated drafting process instead of a manual. This technology, mostly utilised by engineers, architects, and game designers, helps in visualising objects precisely to aid in the actual construction, assembling, modification, and optimisation process of the final product. This is a cost-effective software that helps improve the quality of design while also increasing the productivity of the designers. The 3D CAD software finds its usage in a wide variety of industries such as automotive, aerospace, shipbuilding, and in the production of computer animation and advertising, among others.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on deployment, the market is divided into:

• Cloud 
• On-Premise

On the basis of application, the industry can be segmented into:

• AEC
• Manufacturing 
• Automotive
• Healthcare 
• Media and Entertainment

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Heightened Digitalisation and the Rapid Technological Advancements to Augment the Growth of the Global 3D CAD Software Industry

The growing trend of digitalisation and the increased technological advancements are expected to drive the growth of the 3D CAD software industry in the forecast period. With the expansion of access to the Internet of things (IoT), governments are developing policies to implement digital use in all sectors worldwide to enhance the efficiency of business activities, such as improved production with reduced costs, which would help to expedite the economic growth. In addition, technological interventions such as the adoption of cloud-based technical solutions and artificial intelligence are proving to be a game changer in the dynamic 3D CAD software market, adding to its overall popularity. Moreover, 3D CAD software is extensively used in the automotive industry for vehicular design prototyping. For instance, in February 2019, Siemens PLM Software announced the launch of their NX CAD software, which has machine learning abilities combined with artificial intelligence technology to create user interfaces. Such developments are estimated to be beneficial for the market growth.

Key Industry Players in the Global 3D CAD Software Market

The report gives a detailed analysis of the following key players in the global 3D CAD software market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Autodesk, Inc.
• Bentley Systems, Incorporated
• Bricsys NV
• Dassault Systèmes
• Graphisoft SE 
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

Key Highlights of the Report