The AEC industry achieved a combined annual growth rate (CAGR) of 9%. MCAD grew at a rate of 8%.
Tiburon, Calif.—January 31, 2022—Jon Peddie Research (JPR) today announced the availability of its 2022 Worldwide Computer-Aided Design (CAD) Market Report. The CAD market has always been a signpost for the health of the world’s Architecture, Engineering, and Construction (AEC) and Manufacturing industries. Moreover, its growth is a leading indicator of expansion for many market segments and infrastructure as companies update and acquire software licenses to prepare for upcoming projects.
Jon Peddie Research divides its CAD market report into two super-segments: AEC and Manufacturing. “The software tools to support the Architecture, Engineering, and Construction; infrastructure; process and power; and Manufacturing industries are resource-hungry. In addition, high revenues and a large user base mean the CAD market influences hardware design for PCs, graphics hardware, servers, and even mobile devices,” said Kathleen Maher, Co-Founder and Vice President of Jon Peddie Research.
CAD market shipments increased 8% sequentially from 2020 to 2021
According to JPR’s estimates, the CAD industry earned $9.4 billion in revenue in 2021, compared to $8.8 billion in 2020.
The CAD market is stronger than ever, thanks to the engine of digitalization, which affects all aspects of design and engineering in every discipline. The arrival of CAD along with standardized network protocols signaled the birth of digitalization for design and engineering in the 1980s. We’re seeing the fulfillment of digitalization’s promise taking shape now and the introduction and inclusion of digital twins.
The large CAD customers in the automotive, aeronautics, construction, machine design, plus process and power industries are gravitating towards system design. The market is transitioning from packaged software tools to building systems to support projects from conceptualization to implementation. Frequently, customers opt for integrated products from the same vendors to build their systems, but they need more than one supplier. No one vendor does it all, though they aspire to develop more comprehensive offerings. Customers now have the upper hand and are pressuring suppliers to ensure software tools from different companies are compatible.
JPR considered data from over 36 CAD companies that offer more than 53 products. In this report, JPR concentrated on the ten market leaders: Autodesk, Aveva, Bentley Systems, Dassault, Graebert, Hexagon, Nemetschek, PTC, Siemens Digital Industries, and Trimble.
The report reviews the market according to the major segments. It provides overall market share figures and market share for significant segments, including AEC, Manufacturing, Process, Power & Marine, with sections on BIM and GIS. In addition, JPR breaks out user numbers for 2D vs. 3D and major market segments. Finally, JPR includes its professional opinions on trends, results, and potential issues.
The report highlights CAD industry trends, drivers, and challenges. In addition, JPR incorporated the qualitative and quantitative aspects of the industry.
Now equipped with improved collaboration and project management tools, the CAD industry is poised for significant growth in 2022.
Pricing and Availability
JPR’s Worldwide CAD Market report is available now and sells for $7,000. Included with the purchase of this report are four hours of consulting time. Contact Robert Dow at JPR ([email protected]) for details about this report.
JPR also publishes a report on the Workstation Market, covering the total market, including system and accessories, and looks at six regions.
About Jon Peddie Research
Dr. Jon Peddie has been active in the graphics and multimedia fields for more than 30 years. Jon Peddie Research is a technically oriented multimedia and graphics research and consulting firm. Based in Tiburon, California, JPR provides consulting, research, and other specialized services to technology companies in various fields, including graphics development, multimedia for professional applications and consumer electronics, high-end computing, and Internet-access product development. JPR’s Market Watch is a quarterly report focused on PC graphics processor market activity for notebook and desktop computing.