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According to the company, the U.S. continues as the largest country market, with its total running equal to Japan, Germany and the U.K. combined. In 2015, China's market will exceed $1 billion in spending, with 74% to be spent in the manufacturing segment of the technical applications market.
“This global market offers gentle acceleration of growth, from 5.1% in 2014 to 6% in 2017. Both the U.S. and China will gain share with above average growth rates. The back of the growth pack includes some important economies, for example, Japan and Italy, where growth will be in the 3 to 4% range,” says Peter Thorne, director at Cambashi.
For more information, visit Cambashi.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].
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