Computer-Aided Design (CAD) software And Services Market Is Expected To Reach $401.6 Million By 2031

The Global Computer-Aided Design (CAD) software And Services Market was $167.3 Mn in 2020, and it is expected to reach $401.6 Mn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 8.3% between 2021–2031, as per the latest market research report titled “Global Computer-Aided Design (CAD) software And Services Market” — Industry analysis, size, share, growth, trends and forecast, 2021–2031.

Browse the full report at “Computer-Aided Design (CAD) software And Services Market”

Computer-Aided Design (CAD) software And Services Market increases the yield and the robustness and even stores and analyses the impact of the variation of the process on the performance of the device. These factors will help to accelerate the growth of this market during the forecasted period. There has been an increase in consumer sales and wireless electronic products in recent years. Also, the increased demand for electronic products has increased the need for chips and systems that come with benefits like low power consumption, reduced size, improved functionality, and performance. The process to design these chips and systems is quite difficult and needs state-of-the-art design solutions. These are some of the factors that will help to accelerate the growth of this market during the forecasted period.

The primary key players in the Global Computer-Aided Design (CAD) software And Services Market include Synopsys, Inc., Silvaco Inc., Cogenda Pte Ltd., Crosslight Software Inc., and Global TCAD Solutions (GTS) GmbH, NTT Data Mathematical Systems, Inc.

Download Free PDF Sample Request: “Computer-Aided Design (CAD) software And Services Market”

The Global Computer-Aided Design (CAD) software And Services Market Has Been Segmented Into:

By Technology Segment Type

• 3-D Design
• 2-D Design

By Offering Segment

• Software
• Services

By End-use Application Segment

• Automotive
  • Aerospace & Defense
  • Industrial Machinery
  • Electrical & Electronics
  • Media & Entertainment
  • Healthcare
  • Construction & Architecture

By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa