Press release
Engineering Software Market| 2018 Reviews of the Most Trending Software with Rising Need of Automation
Market HighlightsThe rising need of automation and growing adoption of integrated solutions for analyzing and designing of engineering systems is fueling the global engineering software market. Furthermore, the growing penetration of mobile devices such as smartphones, tablets and laptops has increased the ease and accessibility of engineering software, which in turn, is bolstering the growth of engineering software market. Furthermore, the introduction of cloud-based engineering software products is boosting the market growth tremendously. However, high maintenance cost and license cost coupled with lack of technical expertise in operating this software is hindering the market growth globally. A significant opportunity for the key players lies in the growing demand of engineering software across marine, ship building and offshore sectors in order to provide reliable operating platform to overcome with extreme weather conditions, physical space constraints, and remote locations.
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Market Outlook:
The global engineering software market defines the use of different software such as computer-aided designing (CAD) software, computer-aided engineering (CAE) software, computer-aided manufacturing (CAM) software, electronic design automation (EDA) software, and architecture, engineering, and construction (AEC) software. This software are utilized across various engineering disciplines, such as electronics and communication engineering, electrical engineering, process engineering, chemical engineering, and mechanical engineering.
Top Industry Players:
This report studies the global Engineering Software market, analyzes and researches the Engineering Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like: Autodesk, Inc., Bentley Systems, Inc., Dassault Systemes, S.A., IBM Corporation, Geometric Ltd., Siemens PLM Software, Inc., SAP SE, Synopsys, Inc., PTC, Inc., Ansys, Inc., MSC Software Corporation, Aveva Group Plc
Key Benefits
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global Engineering Software market from 2018 to 2023 to identify the prevailing market opportunities.
• The key countries in all the majors regions are mapped based on their market share.
• Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes in details the analysis of the regional as well as global market, key players, market segments, and application areas, and growth strategies.
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Market Segment
Market segment by Regions/Countries, this report covers
• United States
• EU
• Japan
• China
• India
• Southeast Asia
Market segment by Type, the product can be split into
• Computer-Aided Designing (CAD) Software
• Computer-Aided Engineering (CAE) Software
• Computer-Aided Manufacturing (CAM) Software
• Architecture, Engineering and Construction (AEC) Software
• Electronic Design Automation (EDA) Software
Market segment by Application, Engineering Software can be split into
• Design Automation
• Plant Design
• Product Design & Testing
• Drafting & 3D Modeling
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