TechNavio today launched its report 3D CAD Software Market in the APAC Region 2011-2015 based on an in-depth analysis focusing exclusively on the APAC region. 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: ”The availability of cloud-based 3D computer-aided design (CAD) software is one of the major trends in the 3D CAD Software market in the APAC region. Cloud-computing technology provides several advantages to small and medium-sized enterprises (SMEs) through its Software-as-a-Service (SaaS) models. Cloud-based services offer huge data storage and provide remote access to subscribed software. Cost effectiveness, easy access, and flexibility are some of the major benefits of using cloud-based technology. Further, cloud technology allows the user to pay per usage or on a rental basis, thus eliminating the subscription fee, software license, and hardware costs. In addition, many leading 3D CAD vendors have started offering cloud-based services.”
According to the report, the increasing outsourcing of engineering design to the APAC region is one of the major drivers for the 3D CAD Software market in the APAC region. Countries such as China and India provide low-cost employees with good design skills, thereby reducing the overall cost much more than in other regions across the globe. Hence, many developed countries such as the UK, Germany, and the US outsource their engineering design works to the APAC region with a view to cutting down the overall cost of products.
Further, the report discusses that the availability of pirated 3D CAD software is one of the major challenges in the 3D CAD Software market in the APAC region.
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 vendors. For further information on this report, please visit http://goo.gl/WqUfL
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – 3D CAD Software Market in the APAC Region 2011-2015
