IDC: Predicts that the size of the Chinese CAD market will grow to 14.68 billion yuan by 2029.
According to the financial news app Wits News, the International Data Corporation (IDC) recently released a report stating that by 2024, domestic manufacturers will rapidly increase their market share in the CAD market, reaching a market share of around 27%, an increase of 2% compared to the previous year. IDC predicts that by 2029, the size of the CAD market in China will grow to 14.68 billion RMB.
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