Computer-Aided Design Software Developers in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: July 2024
NAICS OD6129Revenue
$9.6bn
Past 5-Year Growth
Profit
$XX.Xbn
Employees
16,835
Businesses
276
Wages
$X.Xbn
Computer-Aided Design Software Developers in the US industry analysis
Computer-aided design (CAD) software developers are dynamic and constantly evolving, with several factors impacting developers in recent years. The adoption of Software-as-a-Service (SAAS) has become increasingly popular among customers, providing a cost-effective and flexible alternative to traditional CAD software. The rapid pace of technological advancements and increased competition has also impacted the industry.CAD software developers' revenue is estimated to grow at a CAGR of 15.9% to $8.9 billion through the end of 2023, including a 9.3% increase in 2023, when profit will drop to 32.0%. CAD software developers have experienced several trends, including the rise of SAAS, the increasing use of cloud-based technologies and a push for greater collaboration and efficiency in design processes. Companies have had to continually innovate and differentiate themselves from competitors to remain competitive.Moving forward, CAD software developers will continue to evolve and adapt to new technologies and changing customer needs. Trends such as the increasing use of artificial intelligence (AI) and machine learning (ML) in design processes and the growth of the Internet of Things (IoT) will shape the industry in the coming years. The impact of interest rates, inflation and economic cycles will also continue shaping the industry in the years to come. CAD software developers' revenue is estimated to grow at a CAGR of 7.6% to $12.8 billion through the end of 2028, when profit will drop to 31.5%.
Trends and Insights
- Software-as-a-service and cloud computing has significantly impacted software developers. These delivery models have increased accessibility and affordability of computer-aided design (CAD) software, driving revenue growth for developers.
- CAD programmers can capitalize on end markets’ various needs, integrating features from across their offerings For example, graphic software products are custom-tailored to a target market, and architects use building simulation software. Customers are relatively inflexible between these packages.
- The West’s high construction density and focus on technology encourage many CAD designers to locate in the area. CAD designers also are inspired by the region's high concentration of manufacturers connected to US and Asian trade routes.
- Graphic software products compete on features and price, with support and user experience also crucial for most users. Business buyers of CAD software seats will also frequently choose the package that best integrates with their existing workflow and those of their clients.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 9.7 % over the past five years, to reach an estimated $9.6bn in 2024.
Trends and Insights
Adoption of cloud-based CAD solutions is increasing demand for the industry
- Cloud-based CAD solutions are becoming increasingly popular, offering benefits such as improved accessibility and collaboration. For example, CAD software can now be accessed from anywhere with an internet connection, allowing team members to collaborate on projects from different locations.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The integration with the Internet of Things will increase efficiency
- The integration of CAD software with the Internet of Things (IoT) will become more widespread moving forward.
Biggest companies in the Computer-Aided Design Software Developers in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Autodesk, Inc. | 1,555.5 | 408.1 | 26.2 | |
Autodesk, Inc. | 1,555.5 | 408.1 | 26.2 | |
Autodesk, Inc. | 1,555.5 | 408.1 | 26.2 |
To view the market share and analysis for all 9 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including 2D Object Modeling, 3D Object Modeling and Simulation Software. 2D Object Modeling is the largest segment of the Computer-Aided Design Software Developers in the US.
Trends and Insights
The 2D market remains massive, led by AutoCAD
- 2D CAD systems plot mathematical functions on a flat plane and do not enable users to make significant changes in the third dimension.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Design, Editing & Rendering Software Publishing in the US
Complementors
- Data Processing & Hosting Services in the US
- Industrial Designers in the US
- Graphic Designers in the US
International industries
- Global Graphic Designers
- Graphic Designers in Canada
- Software Publishing in Australia
Table of Contents
About this industry
Industry definition
This industry develops software for computer-aided design (CAD). CAD involves using computer technology for the process of design and design-documentation. Operators in this industry develop software that is used to create 2D and 3D digital images and models.
What's included in this industry?
Developing 2D computer-aided design (CAD) softwareDeveloping 3D CAD softwareCreating and improving features for modeling physical designsCompanies
Autodesk, Inc.Autodesk, Inc.Autodesk, Inc.Purchase this report to view all 9 major companies in this industry.
Related Terms
BUILDING INFORMATION MODELING (BIM) SOFTWARESOLID MODELINGPARAMETRIC MODELINGOPEN-SOURCE SOFTWAREIndustry Code
NAICS 51121 - Computer-Aided Design Software Developers in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Software-as-a-service and cloud computing has significantly impacted software developers. These delivery models have increased accessibility and affordability of computer-aid...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
CAD programmers can capitalize on end markets’ various needs, integrating features from across their offerings For example, graphic software products are custom-tailored to a ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The West’s high construction density and focus on technology encourage many CAD designers to locate in the area. CAD designers also are inspired by the region's high concentr...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Graphic software products compete on features and price, with support and user experience also crucial for most users. Business buyers of CAD software seats will also frequen...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Autodesk leads companies designing CAD software, offering a massive selection of hundreds of products for all creatives designing in the physical world. The company's shift t...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Autodesk, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Autodesk, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Autodesk, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 6 additional companies
Detailed analysis
- Description and key data for Autodesk, Inc., and factors influencing its performance in the industry
- Description and key data for Autodesk, Inc., and factors influencing its performance in the industry
- Description and key data for Autodesk, Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for 6 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Copyright lawsuits are not uncommon for companies creating CAD software. Teams must aggressively copyright novel features and hire lawyers to ensure their own software doesn'...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit has remained high despite changes in the broader economy, including the pandemic and fluctuations in interest rates. Investment in research and development has helped ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Computer-Aided Design Software Developers in the US industry in United States in 2024?
The market size of the Computer-Aided Design Software Developers in the US industry in United States is $9.6bn in 2024.
How many businesses are there in the Computer-Aided Design Software Developers in the US industry in 2024?
There are 276 businesses in the Computer-Aided Design Software Developers in the US industry in United States, which has grown at a CAGR of 10.3 % between 2019 and 2024.
Has the Computer-Aided Design Software Developers in the US industry in United States grown or declined over the past 5 years?
The market size of the Computer-Aided Design Software Developers in the US industry in United States has been growing at a CAGR of 9.7 % between 2019 and 2024.
What is the forecast growth of the Computer-Aided Design Software Developers in the US industry in United States over the next 5 years?
Over the next five years, the Computer-Aided Design Software Developers in the US industry in United States is expected to grow.
What are the biggest companies in the Computer-Aided Design Software Developers in the US market in United States?
The biggest companies operating in the Computer-Aided Design Software Developers market in United States are Autodesk, Inc., Autodesk, Inc. and Autodesk, Inc.
What does the Computer-Aided Design Software Developers in the US in United States include?
Developing 2D computer-aided design (CAD) software and Developing 3D CAD software are part of the Computer-Aided Design Software Developers in the US industry.
Which companies have the highest market share in the Computer-Aided Design Software Developers in the US in United States?
The company holding the most market share in United States is Autodesk, Inc..
How competitive is the Computer-Aided Design Software Developers in the US industry in United States?
The level of competition is moderate and steady in the Computer-Aided Design Software Developers in the US industry in United States.
