RnRMarketResearch.com adds a new research report Global Computer-aided Engineering Market for VARs 2016-2020. The report, Global CAE Market for VARs 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The analysts forecast Global CAE Market for VARs to grow at a CAGR of 11.38% during the period 2016-2020.
Factors like increased M&A and partnership between resellers and original CAE providers and between resellers contributed to the growth of the market. The M&A and partnership led to an increase in the presence of large of number of VARs in the market. Intense competition among these VARs leads to innovative value addition to the CAE software. VARs are providing low cost consultation, training, and certification services along the software package in the market.
This report covers the present scenario and the growth prospects of the Global CAE Market for VARs 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of FEA and CFD.
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