Cambashi predicts growth in technical applications for manufacturing across Asia/Pacific region

Cambridge, UK, November 21, 2011 - Today Cambashi released its market forecast figures for the Asia Pacific region derived from the Cambashi Country Observatory.  The forecast 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.
 
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 (www.cambashi.com)

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.

For Further Information:

Sally Bennett

sally.bennett@cambashi.com

Cambashi Ltd.

52 Mawson Road

Cambridge

CB1 2HY  UK
Tel: +44 1223 460439

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