CAD/CAM/CAE

• The global Computer Aided Engineering market is expected to grow at a compound annual growth rate of 9.1% from 2021 to 2028 to reach USD 16.19 billion by 2028.The global 3D CAD software market size is estimated to reach USD 15.41 billion by 2028, registering a CAGR of 6.4% from 2021 to 2028.
• Continuous advancements in 3D technology and significant deployments in the automotive and packaging sectors are contributing to the growth of the market. Most industries are shifting from 2D CAD to 3D CAD software, making complex design structures easy and providing options between customized and predefined designs.  Companies are offering differentiated 3D CAD solutions for various industrial uses. The solutions are increasingly being deployed for designing in various sectors, such as architectural & engineering, manufacturing, automotive, healthcare, and media & entertainment. The key participants in the industry are engaging in collaborations with other specialized technology firms to offer their customers a simpler and more convenient platform for designing.  Improvements in 3D printing and availability of CAD solutions as Infrastructure-as-a-Service (IaaS) has been driving the growth of the market with health care segment registering the fastest CAGR from 2021-2028.  CAD CAM CAE trained engineers have huge potential to grab openings in their respective core domains.

Information Technology

Why Information Technology?

Global cybercrime costs are projected to grow by 15 percent per year over the next five years, reaching US$10.5 trillion annually by 2025, up from US$3 trillion in 2015.  The imperative to protect increasingly vulnerable  digitized businesses, Internet of Things (IoT) devices, and consumers from cybercrime will skyrocket global spending on cybersecurity products and services to US$1.75 cumulatively for the five-year period from 2021 to 2025, according to Cybersecurity Ventures.  Cybercrime costs include include   damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.  Every IT position is a cybersecurity position and every IT worker, every technology worker, getting  involved with protecting and defending apps, data, devices, infrastructure and people from this catastrophe.  With this the world will have 3.5 million unfilled cybersecurity jobs by the end of 2021 and this opens huge opportunity for Cyber security related training and certifications.

Interior Design

The Indian interior design market was valued at USD 23.2 billion in 2020, and it is expected to reach USD 38.2 billion by 2026, registering a CAGR of 7.4%, during the period of 2020-2026.  Rising income levels, urbanization, faster adoption of new trends through social media platforms displaying interior design trends, the growing popularity of smart homes, and changes in lifestyles and standards, have contributed to this growth in India’s interior design market.  Increasing investments in real estate in commercial properties in Tier 1 and Tier 2 cities.  India is expected to become the world’s third-largest construction market in the near future. Additionally, the enormous volume of construction work, with a significant rise in the co-working space and building of public infrastructure and new generation homes and infrastructural elevations are driving this growth.  All these project a huge potential for Interior Design professionals and architects in India in days to come.