1. 1. CAD Market in South Korea 2015-2019 www.technavio.com enquiry@technavio.com
2. 2. USA CANADA UK CHINA INDIA CAD Market in South Korea 2015-2019 The report discusses the following in-depth: Market Size and Forecast Market Segmentation Buying Criteria Vendor Landscape Business Segmentation Geographical Segmentation For more information on the CAD Market in South Korea 2015-2019, please mail us at enquiry@technavio.com
3. 3. USA CANADA UK CHINA INDIA Key Trends Technavios Senior Analyst says, The market has many international as well as regional vendors. Autodesk, Dassault Systmes, PTC, and Siemens PLM Software are the major vendors in the market. The companies have formulated several growth strategies to achieve consolidation and realize more revenue. Computer-aided design (CAD) is a software tool for modeling and designing products and components with ease and accuracy. The software package helps engineers, architects, and other design professionals to digitally prototype products prior to production, and draft industry-specific products. Technavio's analysts forecast the CAD market in South Korea to grow at a CAGR of 6.20% during 2014-2019.
4. 4. Understanding the key drivers influencing the market Understanding the challenges faced by the market Activities of various stakeholders involved Key focus areas for the vendors Major trends that will shape the future of this market Vendor landscape and trajectory of the market Conclusion Scope of The Report A detailed analysis of each market driver, challenge and trend is available in our report: CAD Market in South Korea 2015-2019 USA CANADA UK CHINA INDIA
5. 5. USA CANADA UK CHINA INDIA Vendors To understand the vendor landscape and for a full list of vendors view our report: CAD Market in South Korea 2015-2019 Autodesk Dassault Systmes PTC Autodesk was incorporated in California in April 1982, and was reincorporated in Delaware in May 1994. The company is headquartered in San Rafael, California, US. It is a multinational design software and services company that provides customers business solutions through technology, products, and services. Dassault Systmes was established in 1981 and is headquartered in Velizy-Villacoublay, France. The company provides software applications and services globally. PTC was established in 1985 and is headquartered in Needham, Massachusetts, US. The company develops and delivers technology solutions that comprise software and services. Its solutions help consumers in discrete manufacturing companies to optimize business functions, including manufacturing, engineering, supply chain, and service.
6. 6. USA CANADA UK CHINA INDIA Market Landscape High demand from industries such as electrical and electronics, and automotive has contributed to the growth of the CAD market in South Korea. Several international vendors have thus geared up to provide innovation and novelty in PLM solutions to keep up with the demand. Hyundai Heavy Industries and LG Electronics are the two major end-users of Siemens PLM Software solutions in South Korea. PLM solutions allow for faster time-to-market, collaboration, and cost reduction, enhancement of design, high product quality and ROI for organizations in South Korea. It enabled LIG Nex1, an aerospace and defense company based in South Korea, to achieve standardization in its operations, apart from effective collaboration and communication between its business units.
7. 7. USA CANADA UK CHINA INDIA Market Outlook The deployment of CAD software solutions is an expensive process as it involves defining a clear set of requirements. Implementing a complete traditional PLM software solution with CAD may span across months or even years in some cases. This increases the criticality of the process, as any changes can be highly expensive from the end-user's perspective after the deployment has commenced. It also requires additional infrastructure and extra time and money to ensure efficient data integration, while remaining uncompromising in terms of quality. In addition, most software solution vendors charge extra for software updates. Some vendors force end-users to purchase updates by withholding technical support for customers that do not pay for the latest version. Such issues are inhibiting market growth.
8. 8. Growth Forecasts? Market Analysis? Revenue Forecasts? Regional and Country level Analysis? Competitive Structure? Emerging Trends? Vendor Landscape? Other? What Would You Like to Learn From Technavio? CAD Market in South Korea 2015-2019 Let us identify your needs. We would love to hear more!
9. 9. USA CANADA UK CHINA INDIA Our Report Covers: Market Scenarios, Vendor landscape & Industry Road Maps. You have the Option to Customize Reports & Access Analysts on every Report Purchase. Purchasing this report? For media enquiries, please drop us a mail at media@technavio.com Well include an hour with our analysts to discuss the report findings. For free.
10. 10. USA CANADA UK CHINA INDIA Access the Report USA CANADA UK CHINA INDIA India: An Overview USA CANADA UK CHINA INDIA About Us USA CANADA UK CHINA INDIA Thank You! North America Chicago, USA Phone: +1 630 333 9501 Fax: +1 630 833 2171 Europe London, United Kingdom Phone: +44 208 123 1770 Fax: +44 845 280 2825 Asia Bangalore, India Phone: +91 934 254 0560 Fax: +91 80 4080 6070 DISCLAIMER This presentation is intended solely for showcasing Infinitis research capabilities. All information contained within this presentation has been randomized and should not be used for any kind of analysis and/or for decision making purpose. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright 2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden. NOT FOR FURTHER DISTRIBUTION