global computer aided design market size was USD 18.54 billion in 2021 and is predicted to reach USD 45.02 billion in 2032, exhibiting at a CAGR of 8.4% during the forecast period.

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One of the key reasons fueling the market's expansion is the rising acceptance of (CAD) across a range of application verticals. A designer may not only quickly and accurately develop a model of anything, but also fix any errors or anomalies before building an actual prototype. Using CAD software speeds up the sketching process. Moreover, CAD software makes it simple to create 3D models. In comparison to the traditional methods, this aids industries in designing and analyzing the product for a small fraction of the cost. CAD gives the product a wide range of customization options even during the design stage. All of these CAD advantages and benefits help the industry expand. Increased manufacturing process digitalization is a significant driver of market expansion. Today, CAD application like CATIA and SolidWorks are preferred by engineers and designers as a quick approach to produce original ideas.

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