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Simulation Software Market by Top Manufacturers - Altair Engineering, Inc., ANSYS, Inc., Autodesk Inc., Bentley Systems, Dassault Systmes, Hexagon (MSC Software Corporation), The MathWorks, Inc

03-27-2019 03:33 PM CET | IT, New Media & Software

Press release from: Big Market Research

Simulation Software

Simulation Software

Simulation market is a representation of the functioning of a system or process. Through simulation, a model may be implanted with unlimited variations, producing complex scenarios. Simulation software is based on the process of modeling a real phenomenon with a set of mathematical formulas. It helps to predict the behavior of the system. These capabilities allow analysis and understanding of how individual elements interact and affect the simulated environment. It is used to evaluate a new design, analyze problems with the present design, and test a system in conditions that are difficult to reproduce.

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Increase in demand for the eco-friendly work environment, need to test different designs before constructing one in hardware, the rise in the use of simulation software in automotive and healthcare industry, and significant adoption of simulation among aerospace & defense are some of the major factors that drive the growth of the global simulation software market. Further, a growing number of small and medium enterprise units are anticipated to drive the growth of the market. However, risks associated with data security are expected to restrain the simulation software market growth. Emerging trends such as digital twins in the industry 4.0 and use of simulation software to develop IoT supporting devices are expected to provide lucrative opportunities for the global simulation software market during the forecast period.

The global simulation software market is segmented based on component, deployment type, industry vertical, and region. Based on the component, it is divided into software and services. Based on the deployment type, the market is bifurcated into on-premise and cloud. On the basis of industry vertical, it is separated into architecture, engineering, construction (AEC), aerospace & defense, automotive, electrical & electronics, healthcare, and others. Based on the region, the simulation software market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global simulation software market report provides the profiles of key players namely, Altair Engineering Inc.; ANSYS, Inc.; Autodesk, Inc.; Bentley Systems; Dassault Systems; Hexagon (MSC Software Corporation); The MathWorks, Inc.; PTC, Inc.; Siemens PLM Software; and The AnyLogic Company.

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Key Benefits for Simulation Software Market:

The study provides an in-depth analysis of the global simulation software market along with the current & future trends to elucidate the imminent investment pockets.

Information about key drivers, restraints, and opportunities and their impact analysis on the market is provided.

Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

Quantitative analysis from 2017 to 2025 is provided to determine the market potential.

Simulation Software Key Market Segments:

By Component

Software

Services

By Deployment Mode

On-premise

Cloud

By Industry Vertical

Architecture, Engineering, Construction (AEC)

Aerospace & Defense

Automotive

Electrical & Electronics

Healthcare

Others

By Region

North America

The U.S.

Canada

Europe

UK

Germany

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

LAMEA

Latin America

Middle East

Africa

Key Market Players

Altair Engineering, Inc.

ANSYS, Inc.

Autodesk Inc.

Bentley Systems

Dassault Systemes

Hexagon (MSC Software Corporation)

The MathWorks, Inc.

PTC, Inc.

Siemens PLM Software

The AnyLogic Company

Table of content:

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION

1.2. KEY BENEFITS FOR STAKEHOLDERS

1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research

1.3.2. Primary research

1.3.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.2.3. Top winning strategies

3.3. PORTER'S FIVE FORCES ANALYSIS

3.4. KEY PLAYER POSITIONING, 2017

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. The rise in demand for the eco-friendly work environment

3.5.1.2. The upsurge in the use of simulation software in the Automotive and Healthcare industry

3.5.1.3. Significant adoption of simulation among aerospace and defense

3.5.2. Restraints

3.5.2.1. Security concerns associated with the simulation software

3.5.3. Opportunities

3.5.3.1. The emerging scope of simulations to digital twins

3.5.3.2. Use of simulation software to develop IoT supporting devices

4.3.4. Market analysis by country

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