CAMBRIDGE, MA--(Marketwired - Aug 13, 2014) - Cambashi, a leading global industry analyst and market consulting firm, today announced the 2014 second quarter update to its market data resource, the Cambashi Market Observatories. These observatories provide the most comprehensive quantitative view of the technical applications software market available, providing a sound basis for analyzing size, growth, movement and other trends to support planning at local, regional and global levels.
Growth remains positive
Latest figures show a combined growth in the emerging nations of Brazil, Russia, India and China of 8.6% in 2013 over 2012. This is compared with 9.4% growth in 2012 over 2011 and suggests the rate of growth is slowing but is still strong.
Taking a view at more established market -- especially when considering the technical applications software market which is dominated by design and engineering software -- we see a 5.2 percent combined growth in France, Germany, the US and the UK in 2013 over 2012. This compares well with the figure for 2012 over 2011 of 4.2%, which is in line with greater recovery and investment in these countries.
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.
Cambashi is a market research, industry analysis and consulting firm based in Cambridge, UK, and Boston, MA, US. 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