The global market for computer-aided design (CAD) in the civil and construction industry will total $578 million by 2015, representatives of London-based TechNavio told Construction Project Controls and BIM Report (CPC/BIM) via an email interview. The company foresees a compound annual growth rate (CAGR) of 7.05 percent between 2011 and 2015 with vendors Autodesk Inc., Bentley Systems Inc., Dassault Systemes S.A., and Intergraph Corp. dominating the market.
One of the key factors contributing to this market growth is the need for modular infrastructure development, according to TechNavio. “The global CAD market in the civil and construction industry has also been witnessing the development of cloud-based CAD solutions. However, the emerging threat from open-source and pirated CAD software solutions could pose a challenge to the growth of this market.”
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