Press release
Global Simulation Software Market is Anticipated to Flourish at a CAGR of 15.8% by 2023 | Top Key Players – Siemens AG, Bentley Systems, Autodesk, Inc., Altair Engineering Inc.
The global simulation software market accounted for USD XX.X Million in 2017. Further, the market is expected to reach to a valuation of USD XX.X Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 15.8% during the forecast period i.e. 2018-2023.
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Growth Drivers & Barriers
Growing adoption of simulation software in various end-use industries such as aerospace & defense, automotive and other end-use industries is envisioned to drive the growth of the simulation software market in the upcoming years. Moreover, factor such as increasing dependence on web-based solution and services is spearheading current and future growth prospects of the global simulation software market.
Simulation software is expanding with the emergence of Industrial IoT (Internet of Things), which is one of the major factors behind the growth of the global simulation software market. Further, rising need for advanced flight simulations & training coupled with the use of simulation software in the manufacturing process of lightweight aerospace parts are the two prime factors which are driving the growth of the global simulation software market.
However, risks associated with data security and integration complexities are expected to hamper the demand for the global simulation software market.
Regional Outlook:
In terms of geography, the simulation software market is analyzed into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Among these regions, North America is slated to account for the highest percentage of market share in the overall simulation software market during the forecast period. Growing technological advancement and increasing adoption of simulation software solutions are believed to intensify the growth rate of North America simulation software market in the upcoming years. In addition to this, rising awareness of the simulation and analysis technology for conducting R&D activities is one of the factors which is envisioned to drive the growth of the simulation software market in the region.
Segmentation
The research offers a comprehensive analysis of simulation software market with respect to following sub-markets:
By Deployment Type
- On-premise
- Cloud Based
By Component
- Software
- Services
By End-Use Industry
- Aerospace & Defense
- Automotive
- Healthcare
- Electrical and Electronics
- AEC (Architecture, Engineering, Construction)
- Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- Siemens AG
- Bentley Systems
- Autodesk, Inc.
- Altair Engineering Inc.
- The MathWorks, Inc.
- Ansys Inc.
- PTC
- CPFD Software
- Dassault Systemes
- Synopsys
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global Simulation Software Market
3. Global Simulation Software Market Trends
4. Opportunities in Global Simulation Software Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Simulation Software Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
9. Global Simulation Software Market Segmentation Analysis, By Deployment Type
9.1. Introduction
9.2. Market Attractiveness, By Deployment Type
9.3. BPS Analysis, By Deployment Type
9.4. On-premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
9.5. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10. Global Simulation Software Market Segmentation Analysis, By Component
10.1. Introduction
10.2. Market Attractiveness, By Component
10.3. BPS Analysis, By Component
10.4. Software Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Simulation Software Market Segmentation Analysis, By End-Use Industry
11.1. Introduction
11.2. Market Attractiveness, By End-Use Industry
11.3. BPS Analysis, By End-Use Industry
11.4. Aerospace & Defense Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.6. Healthcare Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.7. Electrical and Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.8. AEC (Architecture, Engineering, Construction) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.2.1. By Deployment Type
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Deployment Type
12.2.1.3. BPS Analysis, By Deployment Type
12.2.1.4. On-premise Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.2.1.5. Cloud Based Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.2.2. By Component
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Component
12.2.2.3. BPS Analysis, By Component
12.2.2.4. Software Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.2.2.5. Services Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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