Technical Illustration Software Market Size, Price and Gross Margin Demands, Future industry Outlook & marketing Strategy || Dassault Systems (France), Corel (Canada)
According
to Market Research Future (MRFR), the global Technical
Illustration Software Market Size
Market is expected to reach USD 3.89 billion with a CAGR of 4.6% from 2019 to
2025 (forecast period). The report
provides a precise evaluation of the global situation, the economic situation,
and the COVID-19 analysis of the overall industry.
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Competitive Outlook:
Notable players in the
global technical illustration software market are Adobe Systems (US), Lattice
Technology (Japan), Autodesk (US), Illustration Limited (UK), QuadriSpace (US),
SAP SE (Germany), PTC (US), Dassault Systems (France), Corel (Canada), The
Technical Drawing Company (US), MAA Illustrations (India), Cyient (India),
Canvas GFX (US), Ignite Technologies, Inc. (US) and Nbg Drafting & Design
(US).
Segmentation:
The
global market for technical illustration software has been segmented based on
component, organization size, and end-user.
Based
on components, the global technical illustration software market has been
segmented into solution and service. The service segment is further split into
professional services and managed services. Professional services comprise
integration services, support, and maintenance services, as well as training
services. Managed services are technical designing services provided by
third-party providers. The solution segment held the largest share in the
overall industry in 2018. Enterprises are deploying such solutions for
achieving technical design precision.
By
organization size, the global technical illustration software market has been
segmented into small and medium enterprises and large enterprises. The small
and medium enterprise segment is set to register the higher CAGR during the
forecast period, 2019–2025
By
end-users, the global technical illustration software market has been segmented
into IT & telecommunication, healthcare, aerospace & defense, energy
& utility, automotive, and others. The aerospace & defense segment is
projected to post the highest CAGR during the forecast period.
Regional Analysis:
Region-wise,
the global technical illustration software market has been segmented into the
Asia Pacific, North America, Europe, the Middle East & Africa, and South
America.
North
America is leading the market in terms of market share in the global market for
technical illustration software. Some of the factors responsible for the
market's growth include the continued demand for comprehensive technical
illustration software solutions by companies operating in healthcare,
manufacturing, and aerospace & defense verticals. The emergence of many
software providers in the market is another factor that greatly contributed to
the North American market's growth in 2018. North America has been segmented
into the United States, Canada, and Mexico. According to the MRFR report, the
US is projected to have the largest market share, followed by Canada and
Mexico. The market for technical illustration software in this region is
estimated to rise due to the growing demand for such solutions among the various
industry verticals.
Europe
took the second spot in the market. For this study, Europe has been divided
into the United Kingdom, Germany, France, Italy, and Europe. Among these, the
UK held the largest share of the overall market. However, the rest of Europe is
predicted to report the highest CAGR in the forecast period.
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
TABLE 1 LIST OF
ASSUMPTIONS
TABLE 2 GLOBAL TECHNICAL
ILLUSTRATION SOFTWARE MARKET, BY COMPONENT, 2020–2027 (USD MILLION)
TABLE 3 GLOBAL TECHNICAL
ILLUSTRATION SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION)
Continued…
List of Figures
FIGURE 1 MARKET SYNOPSIS
FIGURE 2 RESEARCH PROCESS
OF MRFR
FIGURE 3 TOP DOWN &
BOTTOM-UP APPROACH
Continued…
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