Press release
Cloud Based Simulation Application Market Analysis by Application - Training, Process Improvement, Predicting Outcomes, and Managing Risk
Furthermore, demand for industrial automation and investments from companies in simulation technology and its application with the objective of sustainable development are also anticipated to fuel growth of cloud based simulation application market.
A report by Transparency Market Research (TMR) estimates the global cloud based simulation application market to clock a healthy 11.4% CAGR during the forecast period between 2017 and 2025, for the market to become worth US$8,451.5 mn by the end of 2025 increasing from US$3,259.8 mn in 2016.
Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13742
Software as a Service Segment to Continue to Dominate
The report studies the global cloud based simulation application market on the basis of solution, application, industry, and geography. On the basis of solution, the market is classified into software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (LaaS). Of them, in 2016, software as a service held more than 50% revenue share of the overall market. In absolute terms, revenue contribution of SaaS segment was US$2,259.5 mn in 2016. Expanding at a CAGR of 11.8% during 2017 and 2025, SaaS segment is anticipated to hold the leading share by the end of 2025. The growth of this segment is mainly because of rising demand for technology-based solutions, and due to the demand for cloud based simulation applications from the manufacturing sector.
In terms of application, the key segments of the cloud based simulation application market include training, process improvement, predicting outcomes, and managing risk. Amongst all, in 2016, process improvement segment held more than 30% market share. The process improvement segment is anticipated to rise at a CAGR of 10.5% during the 2017-2025 forecast period. However, predicting outcomes application segment is anticipated to rise at the leading 12.7% CAGR during the forecast period. The growth of predicting outcomes segment is mainly because it helps to provide investment plan for new product development.
Press Releases @ https://www.transparencymarketresearch.com/pressrelease/cloud-based-simulation-application-market.htm
Healthcare to Emerge Attractive in Coming Years
Based on industry, the key segments include manufacturing, media and entertainment, construction, automotive, transportation and logistics, healthcare, defense and aerospace, energy and power, and other. Of them, automotive industry held the leading share of more than 25% of the overall market in 2016. This was followed by defense and aerospace that held more than 18% market share in the same year. However, healthcare is anticipated to display the leading growth rate over the forecast period.
Geographically, the cloud based simulation application market has been bifurcated into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. North America stood as the leading regional market for cloud based simulation application in 2016; the growth of this market is mainly because of the presence of well established companies that are striving to increase their market share globally. The growth in North America is mainly driven by the U.S. due to the presence of well-resourced cloud contributors that either operate independently or via joint collaborations with local players.
View This Report - https://www.transparencymarketresearch.com/cloud-based-simulation-application-market.html
Globally, prominent players in the cloud based simulation application market include ANSYS Inc., Autodesk Inc., Dassault Systemes, Exa Corporation, Fieldscale, MSC Software, Rescale Inc., Siemens PLM Software, SimCore Technologies, SOASTA Inc., and SimScale.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud Based Simulation Application Market Analysis by Application - Training, Process Improvement, Predicting Outcomes, and Managing Risk here
News-ID: 980108 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for Simulation
Automotive Driving Simulator Market will register a 2.8% CAGR by: AV Simulation, …
The Automotive Driving Simulator market research provides the global reach of the market and analyses the market for the startups to give them well informed insights and help them grow in the market scope. The Automotive Driving Simulator market report presents significant insights on sales, revenue, stake, size and growth.
Over the next five years the Automotive Driving Simulator market will register a 2.8% CAGR in terms of revenue, the global…
Motion Simulation Market - Demand for Simulation and Modeling Technologies Excel …
Motion simulation provides various quantitative information regarding the kinematics, such as position, velocity and acceleration along with the dynamics including joint reaction, inertial forces and power requirements of the different components involved in a moving mechanism. Motion simulation is primarily used to provide simulated trainings that helps to eliminate mistakes at the time of doing task on the field. Simulated training was initially used across various defense and automotive applications.…
Medical Simulation Market -
Medical Simulation Market by Product & Service, Fidelity, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global medical simulation market was valued at $986 million in 2016, and is projected to reach $2,526 million by 2023, growing at a CAGR of 14.3% from 2017 to 2023. By product & service, the model-based simulation held more than half of the global medical simulation market in 2016.
Access Full Summary…
Emerging Trends: Bio Simulation Market By Key Players: Certara USA, Simulation P …
Qyresearchreports include new market research report Bio Simulation to its huge collection of research reports.
This report studies the global Bio Simulation market status and forecast, categorizes the global Bio Simulation market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Biosimulation is…
Simulation Software Market - Adoption of Simulation in Automotive Sector to Offe …
Transparency Market Research states that the competition amongst the players operating in the global simulation software market is likely to intensify. The key companies, Altair Engineering, Inc., SimScale GmbH, The AnyLogic Company, ESI Group, Autodesk Inc., Dassault Systemes, are looking at mergers and acquisitions to create talent pools and benefit from one another’s brand value. For instance, in April 2017, Etteplan, an engineering company from Europe partnered with Mevea, a…
Military Simulation and Virtual Training In Global Market By Product Type - Flig …
Researchmoz added Most up-to-date research on "Military Simulation and Virtual Training In Global Market By Product Type - Flight Simulation, Vehicle Simulation, Battlefield Simulation & Virtual Boot Camp" to its huge collection of research reports.
In this report, the global Military Simulation and Virtual Training market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR…
