Global Computer-Aided Design Market to Grow at a CAGR of 10.16 % during the period 2017-2021 Market Research Hub has recently announced the addition of a new report to it broad database titled as “ Global Computer-Aided Design Market 2017-2021 ”. CAD refers to a software tool used to achieve accuracy in designing and modeling of products and components of an organization .
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About CAD
CAD solutions are widely adopted by industries , such as automotive , aerospace and defense , industrial machinery , electrical and electronics , and others . The solutions help end-users develop prototypes of products digitally before the production stage . They also help in the development of industry-specific products .
Technavios analysts forecast the global CAD market to grow at a CAGR of 10.16 % during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global CAD market for 2017-2021 . To calculate the market size , the report presents a detailed picture of the market by way of study , synthesis , and summation of data from multiple sources .