Market Overview:
The global mathematics software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mathematics software in various applications such as schools, engineering construction, academic and research institutes, and others. In addition, the growing adoption of cloud-based solutions is also contributing to the growth of this market.
Product Definition:
Mathematics software is a computer application that helps users solve mathematical problems. These applications can range from basic math tools to more complex programs that allow users to create and analyze complex mathematical equations. The importance of mathematics software depends on the individual user's needs. For students, math software can be an invaluable tool for practicing and mastering mathematical concepts. For professionals, mathematics software can be used for everything from designing products to calculating financial risks.
Free Software:
Free Software is software that can be used without paying a price. It's the opposite of proprietary software, which is designed for and used by a specific company or organization. Free (as in freedom) has been an important concept in computing since the early days of computer science when IBM released its first free operating system - OS/2 - to great fanfare and publicity.
Commercial Software:
Commercial software is used in Mathematics for research and teaching. Commercial software includes packages like Maple, Mathematica, etc., which are used for research purposes as well as educational purposes. The growth of the market can be attributed to factors such as increasing number of researchers using these tools and growing adoption by schools & colleges worldwide.
The usage of commercial software has increased over the years due to its advantages such as ease of use.
Application Insights:
The school application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing penetration of tablets and smartphones, which has led to an increase in the number of students taking mathematics classes on computers or laptops. This factor has also influenced teachers, who are increasingly adopting mobile learning techniques for teaching mathematics as well as other subjects.
The academic and research institutes application segment is expected to witness significant growth over the forecast period owing to rising government funding for research activities in various countries across Asia Pacific including China, India, Japan, Singapore among others. Moreover, increasing R&D investments by companies such as Microsoft Corporation; Google Inc.; Apple Inc.; Facebook; Amazon Web Services LLC; IBM Corporation among others are further expected to boost industry expansion over the coming years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing investments by governments and educational institutions for developing innovative software applications that enhance teaching-learning processes and help create a congenial learning environment for students. Moreover, growing adoption of technology at an early stage has led to high demand from schools, which is further anticipated to propel regional growth during the forecast period.
Asia Pacific is estimated to witness significant growth over the coming years owing to increasing government spending on education sector coupled with rising awareness among parents regarding benefits associated with using advanced mathematics software programs in local schools and colleges around Asia Pacific region.
Latin America also presents lucrative opportunities due as much demand as there exists for free or open source mathematics software programs across Latin American countries such as Brazil, Mexico, Argentina etc.
Growth Factors:
- Increasing demand for mathematics software in academics and research institutions for solving complex mathematical problems.
- Growing popularity of mathematics software among students for self-learning and improving their problem-solving skills.
- Proliferation of online learning platforms that offer math courses and tutorials using mathematics software tools.
- Rising demand from the manufacturing sector for customized mathematical solutions to optimize production processes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mathematics Software Market Research Report
By Type
Free Software, Commercial Software
By Application
School, Engineering Construction, Academic and Research Institutes, Others
By Companies
Wolfram Research, The MathWorks, Saltire Software, Maplesoft, PTC, GAMS Development Corporation, Gurobi Optimization, Civilized Software, Signalysis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Mathematics Software Market Report Segments:
The global Mathematics Software market is segmented on the basis of:
Types
Free Software, Commercial Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
School, Engineering Construction, Academic and Research Institutes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wolfram Research
- The MathWorks
- Saltire Software
- Maplesoft
- PTC
- GAMS Development Corporation
- Gurobi Optimization
- Civilized Software
- Signalysis
Highlights of The Mathematics Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Free Software
- Commercial Software
- By Application:
- School
- Engineering Construction
- Academic and Research Institutes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mathematics Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mathematics software is a computer program that helps students learn mathematics. It can be used to teach basic arithmetic, algebra, geometry, and calculus.
Some of the major players in the mathematics software market are Wolfram Research, The MathWorks, Saltire Software, Maplesoft, PTC, GAMS Development Corporation, Gurobi Optimization, Civilized Software, Signalysis.
The mathematics software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mathematics Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Mathematics Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mathematics Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Mathematics Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Mathematics Software Market Size & Forecast, 2020-2028 4.5.1 Mathematics Software Market Size and Y-o-Y Growth 4.5.2 Mathematics Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Free Software
5.2.2 Commercial Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 School
6.2.2 Engineering Construction
6.2.3 Academic and Research Institutes
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mathematics Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mathematics Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Free Software
9.6.2 Commercial Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 School
9.10.2 Engineering Construction
9.10.3 Academic and Research Institutes
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Free Software
10.6.2 Commercial Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 School
10.10.2 Engineering Construction
10.10.3 Academic and Research Institutes
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Free Software
11.6.2 Commercial Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 School
11.10.2 Engineering Construction
11.10.3 Academic and Research Institutes
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Free Software
12.6.2 Commercial Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 School
12.10.2 Engineering Construction
12.10.3 Academic and Research Institutes
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Free Software
13.6.2 Commercial Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 School
13.10.2 Engineering Construction
13.10.3 Academic and Research Institutes
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mathematics Software Market: Competitive Dashboard
14.2 Global Mathematics Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wolfram Research
14.3.2 The MathWorks
14.3.3 Saltire Software
14.3.4 Maplesoft
14.3.5 PTC
14.3.6 GAMS Development Corporation
14.3.7 Gurobi Optimization
14.3.8 Civilized Software
14.3.9 Signalysis