What is CAD?

CAD

CAD was first used during the 1970s to help companies reduce their dependency on manual drafting and speed up designed and manufacturing processes.

Today, the CAD software market is in frank expansion worldwide. According to Statista, in 2014 this segment was worth $7.97bn.

This will increase by almost $1bn in 2017, to $8.76bn. By 2018, the market is expected to reach $8.97bn.

The main leaders include software providers AutoCAD, SolidWorks, Solid Edge, NX, Cobalt, Inventor, PTC’s Creo, and Catia.

Name of Technology:

Computer-aided design

Year Introduced:

1970's

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