This market forecast shows that the strong growth in China and India, long associated with the BRIC (Brazil, Russia, India, China) emerging economies phenomenon, is not isolated to those countries, but reflects growth throughout the Asia Pacific area. These figures are based on the currency typically used in transactions locally and are a strong reflection of real growth.
Cambashi is revealing this data with the availability of the Cambashi Market Observatories Q3 2011. This includes the latest market sizing and forecasts for the technical application software market.
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. The third quarter releases of 2011 bring the observatories up to date with the latest market forecasts and company reports.
This quarter also sees the release of the Cambashi Employment Observatory 2012, which provides data on the size of the economically active population by industry and occupation for over 50 countries. The Cambashi Employment Observatory measures and assesses the potential user community for applications software.
"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.
About Cambashi (
Cambashi, a leading global industry analyst and market consulting firm, prides itself on delivering compelling insights on the use of IT to address critical business issues in manufacturing, process, distribution, energy, utilities and construction industries. Cambashi's experienced team partners with clients to clarify and validate decisions, assess trends and articulate the drivers of value that impact businesses. Cambashi tailors its services to the needs of each client to improve collaboration and profitability across an organization and is known for being highly responsive, meeting deadlines and delivering high value. Leading global IT buyers and sellers benefit from Cambashi's unique combination of services, including global market data, professional development, industry training, primary research, and custom advisory services that guide clients to successful action.
Note to Editors
This is one in a series of market observations from the team at Cambashi. We have market data in multiple views that combine to give a worldwide view of the status of the technical applications software market by region. Please contact us if you'd like data points to support your research or would like to discuss market size and growth in other regions or in specific industry segments with our team.
A chart outlining findings is available upon request.
For further information, contact: Sally Bennett Email Contact Cambashi Ltd. 52 Mawson Road Cambridge CB1 2HY UK Tel: +44 1223 460439