TechNavio today launched its report Computer-aided Engineering Software Market in China 2011-2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said, ”Vendors are offering cloud-based Computer-aided Engineering (CAE) software with high-performance computing features that are more advanced than desktop CAE software. Cloud-based high-performance computing features allow users to use more computing resources in a much more controlled environment than before. Moreover, the usage of high-performance computing capabilities is expected to reduce the security threats in the cloud. Thus, this is one of the important trends in the CAE Software market in China.”
According to the report, the surge in the manufacturing activities being outsourced to China is one of the major drivers in the CAE Software market in China. The main reasons for the increasing outsourcing of manufacturing activities to China are the easy availability of low-cost labor and the Government’s policies. China is the most favored destination among several countries when it comes to the outsourcing of manufacturing activities. For instance, many automobile manufacturers have set up their production plants in China to optimize their production processes.
Further, the report also discusses that the easy availability of open-source software is one of the major challenges in the CAE Software market in China.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/computer-aided-engineering-software-mar…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Computer-aided Engineering Software Market in China 2011-2015
