CAE (Computer Aided Engineering) Market is to be $12.8 Billion By 2025
“Rapid growth of wearable industry is likely to increase the use of CAE software in the electronics industry. The major players in the market are in search for new sources for revenue as the smartphone market is in the maturity stage.�
The global CAE Market is anticipated to reach USD 12.8 billion by 2025, according to a new report by Grand View Research, Inc. Rapid growth of wearable industry is likely to increase the use of CAE software in the electronics industry. The major players in the market are in search for new sources for revenue as the smartphone market is in the maturity stage. As a result, the demand for wearable technology has increased the demand over the forecast period. Access Full Research Report on Global CAE Market: http://www.grandviewresearch.com/industry-analysis/computer-aidedengineering-cae-market The growing penetration of IoT, tablets, and smartphones are expected to boost the CAE market growth. Owing to the growth of IOT, wearable devices, used in the fields of medicine, fitness, transportation, education, entertainment, and gaming, are increasing; paving way for growth of the CAE market. Miniaturization of electronic devices and
Follow Us: