CAD / CAM / CAE Courses

CAD Technology

The sector most dependent on CAD technology is the engineering sector. This sector can be further classified on the basis of the larger sub-segments MCAD, AEC, Process & Power, and GIS.

The CAD market, one of the largest and most established software markets is dynamic and growing in new directions. The CAD Market was worth approximately $5 billion in 2009. It reached $6.4 in 2010 and $7 billion in 2011. Below is a graphical representation of the revenue generated by the CAD Market along with a forecast for the coming year.

As per the JPC Report-2012 CAD industry is poised to grow excitingly considering the new platforms and new distribution models which will lead the market. The new opportunities opened up by cloud computing, apps, and tablets give CAD companies an opening to high volume, low cost consumer apps along with new ways to offer boutique services to valued subscription customers.

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