ANZ CAD Software Market Share

North American Market Forecast

ANZ CAD Software market in North America is predicted to account for the largest share of 40% by 2036 impelled by the growing spending in civil engineering projects. This has led to increasing adoption of ANZ CAD software as it aids civil engineers in designing more economical and efficient structures. For instance, in 2022 the spending on civil engineering construction in the US reached over USD 370 billion. Particularly in 2023, the nation is projected to have invested over 110 billion in highway and street building.

European Market Statistics

The Europe ANZ CAD Software market is estimated to be the second largest, during the forecast timeframe led by growing construction activities. The EU's economy greatly depends on the construction sector, which is expanding rapidly, driven by several government initiatives, technological developments in the field, and growing consumer demand for sustainable building materials. According to estimates, most European nations' building industries accounted for more than 5% of their GDP in 2022.

Frequently Asked Questions (FAQ)

The growing spending in IT and telecom across the globe and the growing integration of artificial intelligence are the major factors driving the growth of the market.

The market size of ANZ CAD Software is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2024-2036.

The major players in the market are Dassault SystÃ¨mes Australia Pty Ltd., Bentley Systems, Incorporated, HCL Technologies Limited, Bricsys NV, CAD-Manufacturing Solutions, Inc., CTC Software, CivilGEO, Inc., and others.

The Manufacturing segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

ANZ CAD Software Market Share