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Global 3D CAD Software Market 2024-2028: Growing Availability of Subscription-based 3D CAD Software, CAGR of 6.79% Forecast from 2023 to 2028

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DUBLIN, March 4, 2024 /PRNewswire/ — The “Global 3D CAD Software Market 2024-2028” report has been added to  ResearchAndMarkets.com’s offering.

The 3D CAD software market is on the verge of accelerated growth and is projected to expand by USD 3.82 billion from 2023 to 2028, at an impressive CAGR of 6.79%. The new comprehensive report analyzes the 3D CAD software market’s size, forecast, trends, and growth drivers.

Driven by the efficient optimization of production value chains through the adoption of 3D CAD software, standardized design development processes, and the increasing availability and preference for subscription-based models, the market is experiencing significant momentum.

The segmentation analysis within the report indicates a diversification of the market across different deployment models:

On-premisesCloud

The demand for 3D CAD software is not restricted to a single application but spans across various sectors including:

ManufacturingArchitecture, Engineering, and Construction (AEC)AutomotiveHealthcareOther industries showing promising adoption rates

In terms of geographical reach, the report thoroughly covers regions such as:

North AmericaAsia-Pacific (APAC)EuropeSouth AmericaMiddle East and Africa

The report forecasts that the emergence of innovative technologies and CAD-driven digitization within healthcare, along with the integration of sustainability features in 3D CAD software, will lead to significant market growth in the forthcoming years.

An insightful and detailed vendor analysis within the market study is aimed at guiding enterprises to fortify their market presence, showcasing leading organizations that are shaping the trajectory of the industry with technological advancements and strategic market initiatives.

Focusing on market dynamics, the report includes a forward-looking perspective, highlighting upcoming trends and potential challenges that may impact the growth roadmap. This strategic market insight aims to equip businesses with the information necessary to harness growth opportunities effectively.

A rigorous compilation of primary and secondary data, offset by inputs from key industry players, provides a credible market and vendor landscape. The study encapsulates a holistic analysis by examining key parameters such as profit margins, pricing strategies, market competitiveness, and promotional activities.

Overall, the latest update in 3D CAD software market research reflects an all-encompassing view, promising reliability and a wealth of market knowledge that can assist in strategic decision-making for stakeholders across the global market landscape.

Key Findings in the Report:

Incremental growth of USD 3.82 billion in market size over the forecast periodCAGR of 6.79% expected from 2023 to 2028Extensive deployment model analysis, including cloud and on-premises softwareDetailed application analysis, covering key sectors such as manufacturing, AEC, automotive, and healthcareIn-depth regional analysis highlighting the growth dynamics in North America, APAC, Europe, and moreStrategic identification of technology trends and their impacts on market growthComprehensive quantitative and qualitative research providing a competitive market outlook

Company Coverage:

Altair Engineering Inc.ANSYS Inc.Autodesk Inc.Bentley Systems Inc.Caddie Ltd.Constellation Software Inc.Corel Corp.Dassault Systemes SEGraebert GmbHHexagon ABIMSI Design LLCIronCAD LLCJytra Technology Solutions Pvt. Ltd.Nemetschek SEPTC Inc.Siemens AGSketchListSolidCAM GmbHTrimble Inc.ZWSOFT CO. LTD.

For more information about this report visit https://www.researchandmarkets.com/r/y09hkm

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Workato Launches Self-Serve Platform in Singapore, Opening Enterprise AI to a Broader Community of Builders

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New offering gives developers, students, and customers access to the full power of Workato’s enterprise-grade engine to build AI agents and MCP servers

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — Workato®, the leading Control and Execution Platform for Enterprise AI, today announced the launch of a new self-service offering that gives customers, developers, and students across Asia access to the Workato platform to govern and scale their AI initiatives, including building and productionizing AI agents and MCP servers.

Making AI accessible has been at the heart of Workato’s mission the past several years. Through the AI Institute Alliance, unveiled in September 2025, Workato partnered with leading institutes of higher learning across Singapore, including Nanyang Polytechnic, Republic Polytechnic, Temasek Polytechnic, Singapore Polytechnic, Ngee Ann Polytechnic, the Singapore University of Social Sciences, and the National University of Singapore. The initiative equipped students and educators with automation and AI skills.

The AI Lab, which opened a year later, extended that commitment further into the public sector through its partnership with EDB, and into inclusive hiring through SG Enable.

The newly launched self-serve platform will provide users access to:

A free account to start building immediately, with the option to upgrade to a paid plan, no contract required, as projects growThe ability to build recipes, Agents/Genies, and MCP servers directly on the platformThe same governed, enterprise-grade engine that powers Workato’s largest deploymentsA path built for independent developers, students, and small teams, as well as large enterprises

Since launching in 2026 in North America, Workato has seen rapid growth in the builder community. The platform is enterprise grade, but free to get started. As builders solve problems for their business, they can grow by upgrading to a paid plan. With this launch in Singapore, Workato is making an investment in the local builder community.

“The next era of AI won’t be defined by who has access to intelligence, but by who can turn it into action. We’re putting the same enterprise-grade power trusted by the world’s largest companies into the hands of every builder. We want everyone to be able to transform how their business operates,” said Rishi Mallik, Chief Growth Officer, Workato. 

Workato showcased its self-serve platform and broader community initiatives at World of Workato (WOW) 2026 in Singapore.

Builders can sign up now at https://app.trial.workato.com/users/sign_up_trial?utm_content=sg_wow2026.

About Workato

Workato is the leading Control and Execution Platform for Enterprise AI — the neutral platform enterprises trust to put AI to work across their business. Workato unifies data, applications, and processes into a single platform so AI can reliably orchestrate business processes in production at enterprise scale. Built on more than a decade of running mission-critical processes for over half the Fortune 500 — including Nasdaq, Cisco, Vodafone, Atlassian, and Lucid Motors — Workato turns over 17,000 enterprise systems AI needs to act on into one governed execution layer. For more information, visit workato.com.

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SOURCE Workato

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Sunrate and TourMind Partner to Enhance Payment Capabilities for the Global Travel Industry

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SINGAPORE, Oct. 20, 2026 /PRNewswire/ — Sunrate, the global payment and treasury management platform, today announced a strategic partnership with TourMind, an AI-powered global travel transaction infrastructure platform, at ITB Asia 2026. Through the collaboration, the two companies will integrate Sunrate’s payment capabilities into TourMind’s technology ecosystem, helping travel businesses streamline payment operations and support their growth across international markets.

As travel distribution becomes increasingly digital and interconnected, travel businesses face growing demands to manage supplier payments, foreign exchange and financial operations across multiple markets. By combining Sunrate’s global payment infrastructure with TourMind’s travel technology and API connectivity, the partnership aims to address these operational needs and deliver a more integrated experience for travel businesses.

Through the integration, TourMind will incorporate Sunrate’s payment capabilities, such as Sunrate Cards, into its platform, bringing payment services closer to travel businesses’ operational workflows and supporting their evolving needs across international markets. The collaboration reflects both companies’ commitment to improving operational efficiency and strengthening the financial infrastructure underpinning the global travel ecosystem.

“Sunrate has established a strong presence in global travel payments and continues to expand across international markets. As AI reshapes the travel industry, we are advancing our payment capabilities, including our Agentic Card, to enable more intelligent and seamless payment experiences. Our shared vision with TourMind for applying AI to travel makes this a natural partnership, and we look forward to shaping the future of travel payments together,” said Paul Meng, Co-founder and CEO of Sunrate.

“AI is reshaping how travel businesses operate, and at TourMind, we are focused on building intelligent solutions that make every part of the travel experience smarter and more efficient,” said Karma Young, CEO of TourMind. “By integrating Sunrate’s payment capabilities into our AI-powered platform, we are making payments a seamless part of our partners’ workflows, helping them manage transactions across markets with greater ease. We look forward to working with Sunrate to support travel businesses as they grow in an increasingly AI-driven industry.”

The partnership underscores the importance of connecting travel technology with financial infrastructure as the industry continues to evolve. By bringing payment capabilities closer to travel distribution and booking operations, Sunrate and TourMind aim to help travel businesses simplify financial workflows and better support their international operations.

About Sunrate

Sunrate is a leading global payment and treasury management platform for businesses worldwide. Founded in 2016, Sunrate has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge infrastructure, global network, and unified solutions. 

Sunrate operates through offices across key markets, including Singapore, Kuala Lumpur, Jakarta, Hong Kong, Shanghai, and London. The company partners with the top global financial institutions, such as Citibank, Standard Chartered, and J.P. Morgan. Sunrate is also the principal member of Mastercard and Visa. To learn more about Sunrate, visit https://www.sunrate.com/.

About TourMind

TourMind is an AI-Powered global travel transaction infrastructure platform. The company leverages advanced AI algorithms and machine learning to specialize in intelligent operations for hotels, flights, and comprehensive travel resources. The core capabilities include precision marketing strategy generation, real-time dynamic inventory management, omni-channel automated distribution, demand forecasting with customer behavior analysis, and more. Trusted by 32,000+ enterprise clients worldwide, TourMind operates across 3,000+ destinations with 600+ airlines, 56,000+ direct hotel partnerships and access to over 2.2 million rooms.

View original content:https://www.prnewswire.com/news-releases/sunrate-and-tourmind-partner-to-enhance-payment-capabilities-for-the-global-travel-industry-302912957.html

SOURCE Sunrate

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Blackpanda and CyberCube Collaborate to Bring Cyber Risk Analytics to Brokers Across Asia

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Blackpanda will refer brokers to CyberCube’s Broking Manager and license the platform across its regional network, backed by local incident response support for brokers’ clients.

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — Blackpanda, Asia’s leading cyber incident response company, today confirmed a collaboration with CyberCube to bring cyber risk analytics to brokers across Asia. The collaboration pairs CyberCube’s Broking Manager platform with Blackpanda’s incident response presence in the region. Brokers gain the analysis to advise clients on cyber cover, and their clients gain a local team to call when a cyber incident happens.

Brokers in Asia can request an introduction to Broking Manager through Blackpanda.

Cyber risk models used across Asia have typically been benchmarked against a single global average. Broking Manager, CyberCube’s cyber risk analytics platform for brokers used across 40 countries, includes an APAC regional view alongside its loss severity, incident frequency, and security posture benchmarks. As a result, peer comparisons reflect the markets that brokers’ clients actually operate in.

The collaboration has four strands:

Refer: Blackpanda will introduce brokers across Asia to Broking Manager.License: Blackpanda will license Broking Manager for use with its own broker relationships.Respond: Blackpanda’s incident response team is available to support brokers’ clients during live cyber incidents.Research: CyberCube has licensed Blackpanda’s aggregated, anonymised incident data for future regional research.

“Clients are asking their brokers harder questions about cyber exposure and how much cover is enough,” said Gene Yu, Founder and CEO of Blackpanda. “Broking Manager gives brokers a structured way to answer them: the financial-loss analytics and peer-benchmarking insights they need to prepare for client conversations. When an incident happens, their clients can call on our responders, recognised by Frost & Sullivan as Asia-Pacific’s incident response Company of the Year for three years running. Keeping advice and response this close together serves everyone in that conversation.”

Nate Brink, Head of Broker Sales & Account Management at CyberCube, said: “Brokers across Asia have told us for years that a single global benchmark doesn’t reflect what they’re actually seeing in the market. This partnership brings Broking Manager’s regional benchmarking to brokers across Asia, backed by Blackpanda’s reach and incident response expertise in the region, so they can have a more grounded conversation with their clients about exposure and coverage.”

Further detail on Broking Manager’s capabilities is available for viewing here.

About Blackpanda
Blackpanda is Asia’s leading cyber incident response company, delivering digital emergency response across three integrated channels: IR consulting, IR-1 assurance subscriptions, and Lloyd’s of London-underwritten cyber insurance. Each is purpose-built for a different buyer, whether enterprise, mass market, or sophisticated risk-transfer clients, and each stands alone as full incident response. Together, these channels reach the entire commercial market, because our mission is to provide digital emergency response for everyone. Buy all three and they combine into the complete post-attack recovery solution: preparation in advance, response the moment you’re hit, and financial recovery paid for by insurance. One local team to help you get ready, respond, and recover.

About CyberCube
CyberCube is the leading provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. CyberCube leverages data, analytics, artificial intelligence, and human resources to serve insurance institutions globally. The CyberCube platform was established in 2015 within Symantec and has operated as a standalone company since 2018. With offices in San Francisco, New York, London, and Tallinn, Estonia, the team is committed to helping organizations and society build resilience to cyber risk. For more information, please visit www.cybcube.com or email info@cybcube.com. 

View original content:https://www.prnewswire.com/apac/news-releases/blackpanda-and-cybercube-collaborate-to-bring-cyber-risk-analytics-to-brokers-across-asia-302914821.html

SOURCE Blackpanda

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