NC software market to grow for fourth straight year
The worldwide market for NC software and related services grew almost 7% last year, reaching $1.31 billion, based on end-user payments.
NC software market
to grow for fourth
straight year
These
payments will rise another 6.4%
in 2007 to reach $1.4 billion,
according to consulting and
research firm CIMdata, Ann
Arbor, Mich. If its prediction is
right, this will be the fourth
straight year with growth of 6%
or more.
The NC market has steadily
improved along with global
economies, says CIMdata.
Machine-tool sales, manufacturing output, and the overall
Product Lifecycle Market (PLM),
of which CAM is a component,
have shown strong growth. And
growth in all these areas affects
CAM software purchases.