NC software sales growth in 2011; more for 2012

CIMdata, the leading global PLM consulting and research firm, estimates that based on end-user payments, the worldwide NC software and related services market grew by 14.4% in calendar year 2011.

The estimated end-user payments grew from $1.333 billion in 2010 to $1.525 billion in 2011. The market growth rate in 2011 reflects a strong overall PLM spend, continuing the recovery from the downturn in the global economy that showed itself in dramatically higher machine tool sales into the manufacturing industry. CIMdata says that it has been estimated that worldwide shipments of machine tools increased by 35% from 2010 to 2011, which is directly related to the volume of CAM software employed to drive these tools. CIMdata projects that in 2012, growth in manufacturing will continue and end-user payments for NC software will increase by 12.4% to $1.714 billion.