The construction sector in India is increasingly adopting computer-aided design (CAD) to conduct advanced analysis of the designs, create precise designs, attain accurate measurements, and spot design flaws. Construction managers use CAD software for a better visualization of designs, higher project accuracy and efficiency, reduced chances of errors, and faster completion of projects. The growth of the construction industry due to the strong focus on infrastructure development in the country will, therefore, fuel the adoption of CAD software in the foreseeable future.

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Moreover, the soaring number of initiatives by state governments will drive the Indian CAD software market at a CAGR of 8.2% during the forecast period (2020–2025). The market generated revenue of $445.6 million in 2019, and it is projected to reach $696.9 million by 2025. State governments are focusing on infrastructure development, which has resulted in hefty investments in the automotive, healthcare, aerospace, and construction sectors and heavy demand for high-quality customized industrial products.

In recent years, customers have shifted toward subscription-based CAD software from the perpetual licensing model. Small and medium enterprises (SMEs) with low IT budgets are not able to opt for the licenses of CAD software due to their high costs. Apart from SMEs, large enterprises are also shifting toward subscription-based models, owing to which software vendors are increasingly focusing on providing CAD software through this model. For instance, Autodesk Inc. and PTC Inc. have shown a high inclination toward subscription-based models to provide their customers with new methods of software alignment with their business requirements.

This market research report provides a comprehensive overview of the market

• Future potential of the market through its forecast for the period 2020– 2030
• Major factors driving the market and their impact during the short, medium, and long terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their comparative future potential
• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings