Press release
Engineering Design Software Market Research Report 2023 - Valuates Reports
Engineering design tools are essentially software applications and supporting services that are used for the creation of infrastructure and plant physical assets. All phases of engineering work used for the design, construction, turnover, and initial operations and maintenance for Industry facilities and infrastructure are included.The global Engineering Design Software market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Top software vendors such as Oracle and SAP have been attempting to penetrate the middle market, to expand their client base and increase overall revenues. These companies have begun offering scaled-down, pre-configured versions of their applications. They are pursuing new distribution channels to sell and distribute their software products and are also acquiring mid-market software companies to increase their market shares and revenues. For example, SAP acquired Business One software to penetrate the middle market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Engineering Design Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Engineering Design Software.
The Engineering Design Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Engineering Design Software market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Engineering Design Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Scope of Global Engineering Design Software Market Report
By Company
-Autodesk
-Bentley Systems
-Dassault Systemes
-IBM
-Siemens
Segment by Type
-Computer-Aided Design
-Electronic Design Automation Software
Segment by Application
-Industrial Facilities
-Infrastructure
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