Portland, OR -- (SBWire) -- 09/29/2017 --Computer Aided Manufacturing (CAM) is a software tool that assists engineers, architects, and other professionals to design and manufacture objects. Computer Numerical Control (CNC) machine is one such example of CAM software used for design and manufacturing purpose.

Increase in the investment of R&D activities in the CAM market is expected to boost the market growth. Further, the introduction of 5-axis CAM software tools to enhance production is also anticipated to fuel the market. However, lack of skilled labor is expected to hinder the growth of the market. Moreover, 4D technology and shift from proprietary software to the cloud-based subscription are major opportunities of the CAM software market.

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The CAM software market is segmented on the basis of design type, application, type, and geography. Based on the launch type, the market is bifurcated into 2-D and 3-D. By application, the market is divided into aerospace & defense industry, shipbuilding industry, automobile & train industry, machine tool industry, and others. By type, the market is classified into monofunctional and multi-functional. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Autodesk, Mastercam, SolidCAM, EdgeCAM, ZWSoft, GRZ Software, Bobcad, Cimatron Group, Camnetics, Inc., and MecSoft are some of the major key players profiled in the report.

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Key Benefits:

-This report provides an extensive analysis of the current and emerging market trends and dynamics in the global CAM software market.

-In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.

-Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework

-Comprehensive analysis of all regions are provided that determines the prevailing opportunities in these geographies.

-Key market players are profiled and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the market.

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