LONDON–(BUSINESS WIRE)–Technavio has been monitoring the computer-aided design market and it is poised to grow by USD 2.53 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Autodesk Inc., Bentley Systems Inc., Dassault Systemes SE, FUJIFILM Holdings Corp., General Electric Co., Hexagon AB, IMSI Design LLC, PTC Inc., Siemens AG, and Trimble Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in