SOURCE: Cambashi

Cambashi

September 22, 2015 11:39 ET

AEC Confirmed as Highest Spender on Technical Applications Software

Largest Sector Grows Steadily to 2019

CAMBRIDGE, UNITED KINGDOM--(Marketwired - Sep 22, 2015) - Cambashi, a leading global industry analyst and market consulting firm, today announced the 2015 second quarter update to its market data resource, the Cambashi Market Observatories. These observatories provide a comprehensive, quantitative view of the technical applications software market, providing a sound basis for analyzing size, growth, movement and other trends to support planning at local, regional and global levels. Technical applications include CAD, CAE, CAM, GIS, PLM, and Visualisation software tools.

Growth steady
The Cambashi Industry Observatory for Q2 2015 forecasts the AEC industry (Architecture, Engineering and Construction) to be the largest market for technical applications software in 2015 with spending at USD 5.4 billion* worldwide. With a healthy 6.1% 4-year CAGR forecast in the observatory, this top position looks secure.

The 4-year CAGR is faster in Machinery (6.8%), High Tech (7.6%), Transportation (7.2%), and Aerospace and Defence (8.8%) but none is likely to reach AEC's dominant position.

*All figures are based on a USD constant currency based on 2011 prices.

Regional View

Taking a closer look, AEC is dominant in all regions. In 2015 the top three industries spending most worldwide on technical applications software are AEC, Machinery and Automotive and this is reflected in the regional figures for the Asia Pacific region and the Europe, Middle East and Africa region. By contrast in the Americas, while AEC remains top we see the Telecoms and Utility industry joining Machinery in the top three.

360 degree perspective

The set of Cambashi Market Observatories for technical applications software comprises the Cambashi Product Observatory, the Cambashi Country Observatory and the Cambashi Industry Observatory, which are all updated quarterly. Each covers the global view regionally and provides a country and industry perspective for more than 50 individual countries. This ensures a balanced, self-consistent foundation upon which to base sound strategic plans. The Q2 2015 observatories are available now.

About Cambashi

Cambashi is a market research, industry analysis and consulting firm that operates globally from its headquarters in Cambridge, UK. Its independent research and analysis delivers compelling insights on the use of IT to address business issues in manufacturing, process, distribution, energy, utilities and construction industries. The Cambashi Market Observatories provide companies worldwide with the objective information needed to clarify decisions, assess trends and develop effective marketing strategies. In addition to delivering global market data and related consulting services, Cambashi offers a unique web-based industry training curriculum. www.cambashi.com

Images available upon request

Contact Information

  • For further information, please contact:

    Cambashi Editorial Contact:
    Pippa Burke
    Cambashi Limited
    Tel: +44(0)1223 460439
    email:pippa.burke@cambashi.com
    URL: www.cambashi.com

    U.S. Editorial Contact:
    Dawn Fontaine
    Ripple Effect Communications
    1-508-353-3777
    Email Contact
    www.rippleeffectpr.com