The most exciting regarding the global Computer-Aided Design (CAD) Market

The overall dynamics are steadily interesting so that, Research and Markets predicts that, the global CAD market in terms of value will witness growth at a CAGR of 7.00% between 2017 and 2023.

For many analysts, the increasing demand and the growth rate for Computer-Aided Design (CAD) in the market is attributed to their increasing usage by end-use industries such as automotive, aerospace, industrial machinery, electrical & electronics, pharmaceutical & healthcare and others.

According to Research and Markets, the rising demand is driven by a number of factors such as replacement of manual drafts by CAD drafts in end-use industries, cloud synchronization, inspection agencies, and government initiatives in product development process.