Cambashi Predicts 2011 Software Spending to Grow in Key Industrial Sectors

Cambridge, UK, May 2011 - Latest research into technical software application spending from Cambashi indicates that, in 2011, worldwide recovery is likely to be fastest in the Aerospace and Defence and the Process and Utility industries. A significant factor is the recovery and reinvestment funding that is supporting many infrastructure programmes around the world. Technical applications cover AEC (architecture, engineering & construction), geospatial (GIS) and manufacturing (CAD/CAM/CAE and PDM/PLM) software applications.

Regional variation

Splitting these figures into Americas, Europe Middle East and Africa (EMEA) and Asia Pacific (APAC ) regions, differences emerge with the Americas showing strongest growth in Automotive  - one of the hardest hit industries in the early days of the recession and having a long way to climb back to pre-recession performance. Cambashi forecasts that EMEA and APAC will have highest growth in the Pharma, then Process and Utilities industries but all three regions suggest Aerospace and Defence performing well, resulting in its strong combined position worldwide.

Cambashi Observatories

These observations are drawn from the Cambashi Market Observatories Q1 2011, now available, which have the latest market sizing and forecasts for the technical application software market. The ten industry classifications illustrated here summarise the 147 individual industry classes analysed for each of 47 countries in the Cambashi Industry Observatory, Q1 2011.

                  A&D, Process and Utilities industries lead the way in global growth

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 first quarter releases of 2011 bring the observatories up to date with the latest market forecasts and company reports.

Quarter 1 also sees the annual update of the Cambashi Employment Observatory, which provides data on economically active population by industry for over 50 countries, enabling reliable assessment of user demand for technical software.

“As economies move cautiously out of recession, these data give companies confidence to plan for growth” said Mike Evans, Research Director, Cambashi.

For more information about market planning tools and services from Cambashi, visit www.cambashi.com. 

About Cambashi

Cambashi is a market research, industry analysis and consulting firm based in Cambridge UK and Boston MA US. Our independent research and analysis delivers compelling insights on the use of IT to address business issues in manufacturing, process, distribution, energy, utilities and construction industries. Our consulting analysts partner with clients worldwide to clarify decisions, assess trends, articulate value and craft an effective path to market rewards. We deliver global market data and industry training, and apply our extensive industry knowledge to each client’s unique situation. www.cambashi.com

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The information in this press release is from a wide variety of sources that represent the best information available to Cambashi Limited.  This report includes our interpretation of information in the public domain or released by responsible officers in relevant organisations.  Some information is from sources we cannot verify.  We survey judgement samples, and results are not statistically significant unless so stated.  Cambashi Limited cannot guarantee that the report is accurate or complete.  Information changes with time.  The analysis, opinions and estimates in this report reflect our judgements as of writing but are subject to change without notice.  Cambashi Limited shall not be liable for any loss or injury resulting from use of this information.  All company name and product trademarks are the property of their respective owners.  Cambashi Limited may have a consulting relationship with a company being reported on.  It is not an offer to sell or a solicitation of an offer to buy any securities.  Cambashi Limited, its staff, their families and associates may or may not have a position in or with respect to any securities mentioned herein.