Computer aided design (CAD) market share worldwide 2016-2028, by technology

As of 2018, 3D design software accounted for around 73.6 percent of the market share in the computer aided design (CAD) market. Forecasts suggest that this market share will slowly increase in the coming years as 3D design tools become increasingly important aspect of the overall market.

Computer-aided design (CAD)

A commonly used tool among engineers, architects, and designers, CAD software utilizes the processing power of computers in order to assist users in the creation and analysis of everything from car parts to prosthetics. The CAD market brought in nearly 7.5 billion U.S. dollars in annual revenue in 2018 and is forecast to experience continued growth in the coming years. By 2028 forecasts suggest that the market would nearly double from its 2018 value, partially due to the ability of CAD tools to assist in the digitalization process among manufacturing companies. Autodesk, with its flagship AutoCAD program, is the biggest company in the market and accounts for nearly 30 percent of the overall revenues. Other major companies operating in the CAD market include Dassault, Siemens, and Hexagon.