Cimdata Logo

News

Thursday, June 16, 2016

CIMdata Publishes Global CAM Market Analysis Report

CAM Market Grew 12.9% in Constant Currencies in 2015.

ANN ARBOR, Michigan, 16 June 2016—CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of the 2016 CIMdata CAM Market Analysis Report (MAR), the twenty-fifth annual study of the global Computer-Aided Machining (CAM) market. CIMdata estimates that based on end-user payments, the worldwide CAM software and related services market grew by 2.8% in calendar year 2015. The estimated end-user payments grew from $1.76 billion in 2014 to $1.81 billion in 2015. According to Stan Przybylinski, CIMdata’s VP of Research, “Just like PLM revenues overall, currency effects dragged down the CAM results, with CIMdata estimating year-on-year growth of 12.9% in constant currencies.” CIMdata projects that in 2016 growth in manufacturing will continue and end-user payments for CAM software will increase by 6.5% to $1.93 billion.

Since 2002, the CAM software market has shown modest but steady growth as global economies generally improved. There has been worldwide growth in the sale of machine tools and manufacturing output; greater emphasis has been placed on the efficient operation of machine tools as manufacturing firms have strengthened their competitive positions; and the overall PLM (Product Lifecycle Management) market, of which CAM software is a component, has continued on a strong growth path during this period. CAM software purchases are related to all of these factors—particularly machine tool sales. The size and growth of the CAM software and related services market based on end-user payments is shown in the chart below. It can also be seen that approximately one-third of the end-user payments result in reseller revenues and approximately two-thirds of the revenues are payments made directly to software suppliers.

Figure 1

According to Mr. Jeanne Naysmith, the leader of CIMdata’s Manufacturing Practice, “The CAM market had solid growth in 2015, but it will be interesting to watch the adoption rate of cloud-based CAM, an issue raised by many leading CAM solution providers during our annual survey. While there are obstacles for both buyers and sellers to realize the wide adoption of cloud-based CAM, CIMdata expects the use of cloud-based CAM software to grow at a rate faster than the overall CAM software market. This growth will come from new users drawn to the low-risk start-up value-proposition offered by a cloud-based application, and by cloud-based offerings supplanting existing desktop software whose users will likely be attracted to the operational flexibility enabled by cloud-based subscription models.”

The 2016 version of the CAM MAR is a 135-page report containing 22 charts and 39 tables of data detailing the worldwide CAM market along a number of dimensions. It also includes a discussion of trends in the CAM industry and updates on the top CAM solution providers. The 2016 CIMdata CAM Market Analysis Report is available for purchase at: http://www.cimdata.com/en/research/plm-market-analysis-report-series.

ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.