Market Overview:
The global simulation and test data management market is expected to grow from USD 2.02 Billion in 2018 to USD 3.92 Billion by 2030, at a CAGR of 8.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for advanced simulation and testing technologies across different industries, growing need for reducing product development time and costs, and rising trend of big data analytics.
Product Definition:
Simulation and Test Data Management is the process of managing data that is used during simulation and testing. This data can include everything from test cases to actual data that will be used in simulations. Simulation and Test Data Management can help ensure that this data is organized and easy to access, which can make simulations more accurate and tests more efficient.
Software:
Software is a collection of programs and routines that provide instructions to the computer. It consists of algorithms as well as data that are used in the formulation of solutions to problems. Software is used in various application areas such as education, research & development, manufacturing, marketing & sales and government sectors for carrying out specific tasks.
Services:
The global services and it's usage in simulation and test data management market size was valued at USD 6,084.0 million in 2016. It is expected to witness a CAGR of XX% over the forecast period.
Application Insights:
The automotive segment dominated the global simulation and test data management market in 2017. The growth can be attributed to the increasing demand for advanced vehicles with enhanced safety features, comfort, and efficiency. Moreover, stringent government regulations on vehicle emissions are propelling the need for constant monitoring of real-time vehicle data which is further driving demand in this segment.
The architecture & construction segment is expected to register a significant CAGR over the forecast period owing to an increase in building designs incorporating advanced technologies such as 3D printing and robotics which require high-end testing equipment along with software solutions that can support them efficiently. Simulation software helps analyze structural dynamics during testing thereby ensuring accurate results while designing new buildings or refurbishing old ones.
Regional Analysis:
North America dominated the global simulation and test data management market in 2016 with a revenue share of over 35%. The growth can be attributed to the presence of major players, such as Autodesk, Inc.; CA Technologies; Cognizant; DXC Technology Company; Hewlett Packard Enterprise Development LP; Infosys Ltd.; Keyence Corporation Limited.; MSC Software Corporation and Wipro. These companies are focusing on developing new products for data analytics to serve various industry verticals. For instance, in May 2017, Infosys Ltd., India based IT services company announced that it has developed a cloud-based platform for automotive OEMs called Virtual Test Drive (VTD) solution.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing demand from several industries including aerospace & defense, energy & utility and medical among others.
Growth Factors:
- Increasing demand for quality products and services: The need for high-quality products and services has been increasing over the years. This has led to the increased demand for simulation and test data management solutions, which can help in improving product quality.
- Proliferation of big data: The growth of big data is another major driver for the simulation and test data management market. With the increase in volume, variety, and velocity of data, organizations are looking for efficient ways to manage and analyze this data. Simulation and test data management solutions can help in doing so effectively.
- Increased focus on safety: With safety becoming a top priority across industries, there is an increased focus on using simulation-based testing methods to ensure product safety. Simulation and testdata management solutions can play a key role in helping organizations achieve this goal efficiently .
Scope Of The Report
Report Attributes
Report Details
Report Title
Simulation and Test Data Management Market Research Report
By Type
Software, Services
By Application
Automotive, Architecture & Construction, Consumer Goods and Retail, Aerospace and Defense, Energy and Utility, Medical, Others
By Companies
Siemens PLM, AVL, DassaultSystèmes, D Software Company, IBM Corporation, MSC Software Corporation, Informatica, ANSYS Software Pvt, ESI Group, Autodesk
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Simulation and Test Data Management Market Report Segments:
The global Simulation and Test Data Management market is segmented on the basis of:
Types
Software, Services
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
Automotive, Architecture & Construction, Consumer Goods and Retail, Aerospace and Defense, Energy and Utility, Medical, 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:
- Siemens PLM
- AVL
- DassaultSystèmes
- D Software Company
- IBM Corporation
- MSC Software Corporation
- Informatica
- ANSYS Software Pvt
- ESI Group
- Autodesk
Highlights of The Simulation and Test Data Management 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:
- Software
- Services
- By Application:
- Automotive
- Architecture & Construction
- Consumer Goods and Retail
- Aerospace and Defense
- Energy and Utility
- Medical
- 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 Simulation and Test Data Management 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:
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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?
Simulation and test data management is the process of managing simulation and test data to ensure accuracy, completeness, and consistency. This includes ensuring that the data is properly collected, stored, processed, analyzed, and reported.
Some of the major companies in the simulation and test data management market are Siemens PLM, AVL, DassaultSyst¨mes, D Software Company, IBM Corporation, MSC Software Corporation, Informatica, ANSYS Software Pvt, ESI Group, Autodesk.
The simulation and test data management market is expected to register a CAGR of 8.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Simulation and Test Data Management 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 Simulation and Test Data Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Simulation and Test Data Management 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 Simulation and Test Data Management 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 Simulation and Test Data Management Market Size & Forecast, 2020-2028
4.5.1 Simulation and Test Data Management Market Size and Y-o-Y Growth
4.5.2 Simulation and Test Data Management 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 Software
5.2.2 Services
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 Automotive
6.2.2 Architecture & Construction
6.2.3 Consumer Goods and Retail
6.2.4 Aerospace and Defense
6.2.5 Energy and Utility
6.2.6 Medical
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Simulation and Test Data Management 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 Simulation and Test Data Management 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 Software
9.6.2 Services
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 Automotive
9.10.2 Architecture & Construction
9.10.3 Consumer Goods and Retail
9.10.4 Aerospace and Defense
9.10.5 Energy and Utility
9.10.6 Medical
9.10.7 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 Software
10.6.2 Services
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 Automotive
10.10.2 Architecture & Construction
10.10.3 Consumer Goods and Retail
10.10.4 Aerospace and Defense
10.10.5 Energy and Utility
10.10.6 Medical
10.10.7 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 Software
11.6.2 Services
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 Automotive
11.10.2 Architecture & Construction
11.10.3 Consumer Goods and Retail
11.10.4 Aerospace and Defense
11.10.5 Energy and Utility
11.10.6 Medical
11.10.7 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 Software
12.6.2 Services
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 Automotive
12.10.2 Architecture & Construction
12.10.3 Consumer Goods and Retail
12.10.4 Aerospace and Defense
12.10.5 Energy and Utility
12.10.6 Medical
12.10.7 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 Software
13.6.2 Services
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 Automotive
13.10.2 Architecture & Construction
13.10.3 Consumer Goods and Retail
13.10.4 Aerospace and Defense
13.10.5 Energy and Utility
13.10.6 Medical
13.10.7 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 Simulation and Test Data Management Market: Competitive Dashboard
14.2 Global Simulation and Test Data Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens PLM
14.3.2 AVL
14.3.3 DassaultSystèmes
14.3.4 D Software Company
14.3.5 IBM Corporation
14.3.6 MSC Software Corporation
14.3.7 Informatica
14.3.8 ANSYS Software Pvt
14.3.9 ESI Group
14.3.10 Autodesk
