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Technical software growth seen across Asia/Pacific

Source:Ringier Release Date:2011-12-21 213

Global industry analyst and market consulting firm Cambashi predicts continued growth for technical software applications in the manufacturing industry sector. Among the larger economies, Cambashi expects Vietnam to have higher growth than India, second only to China in the region.

The Cambashi Market Observatories provide a four-way view on the AEC, CAD, CAM, PLM, CAE and GIS application software market by country, industry, economic activity and product line.

"These studies show that, despite economic volatility, there are still places where demand for technical software is growing fast. Those suppliers who can adjust their resources to respond to this demand in Asia are more likely to continue to grow in a difficult economy," said Mike Evans, Research Director, Cambashi.

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