Market Overview:
The global simulation software market is expected to grow from USD 9.02 billion in 2018 to USD 16.06 billion by 2030, at a CAGR of 7.0% during the forecast period. The growth of the market can be attributed to the increasing demand for simulation software across different industries and regions.
Product Definition:
Simulation software is a type of computer program that helps users to model real-world situations. This type of software can be used for a variety of purposes, such as training, testing and analysis. Simulation software can be extremely helpful in reducing the cost and time associated with prototyping products or processes. Additionally, it can help businesses to make better decisions by providing them with accurate data about potential outcomes.
Cloud:
Cloud is a collection of remote servers that provide shared and virtualized computing resources. It helps in saving the cost incurred on purchasing separate hardware for multiple purposes. Cloud service providers (CSP) offer various services such as storage, processing power, bandwidth and networking at a low price or free of charge to attract more customers.
On-premises:
On-premises is a term used for software and hardware installation at the organization's headquarters. The term on-premises is generally used for indicating that the services or solutions are provided by the original equipment manufacturers (OEMs) and solution providers to end users from their own inventory. On-premise software solutions do not require an internet connection; hence, they can be installed on a computer system irrespective of whether it is connected to network or not.
Application Insights:
The global simulation software market is segmented based on applications into automobile, aerospace and defense, electrical and electronics, industrial manufacturing, healthcare, education and research. The automotive application segment accounted for the largest revenue share in 2017 owing to increasing demand for advanced driver-assistance systems (ADAS). ADAS is a key component of autonomous driving as it provides drivers with enhanced safety by warning about obstacles ahead or avoiding them altogether.
ADAS requires high computational power to perform real-time processing of huge amounts of sensor data. Simulation software helps automotive manufacturers test various components of an autonomous car system without physically building a prototype.
Regional Analysis:
The North American region dominated the global simulation software market in 2016. The growth can be attributed to the presence of major players, such as Autodesk, Inc.; Microsoft Corporation; and Siemens AG. These companies are focusing on expanding their customer base by providing high-end solutions for designing and engineering design projects. Moreover, these companies are also focusing on developing new products that can help customers solve complex problems more efficiently.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as aerospace & defense and healthcare among others which require simulation software with higher efficiency levels along with a steep learning curve associated with it resulting into higher adoption rates amongst users over a period of time.
Growth Factors:
- Increasing demand for simulation software in the automotive and aerospace industries to improve product quality and safety.
- Growing popularity of simulation software among students for learning purposes.
- Increasing use of simulation software by small businesses to reduce costs and improve efficiency.
- Development of new features and applications for simulation software that can be used in a variety of industries.
- Emergence of virtual reality technology that can be used with simulation software to create a more realistic experience
Scope Of The Report
Report Attributes
Report Details
Report Title
Simulation Software Market Research Report
By Type
Cloud, On-premises
By Application
Automobile, Aerospace and Defense, Electrical and Electronics, Industrial Manufacturing, Healthcare, Education and Research, Others
By Companies
Altair Engineering, Bentley, Ansys, PTC, Siemens PLM Software, Autodesk, CPFD Software, Cybernet, Dassault Systemes, Design Simulation Technologies, Synopsys, Mathworks
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Simulation Software Market Report Segments:
The global Simulation Software market is segmented on the basis of:
Types
Cloud, On-premises
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
Automobile, Aerospace and Defense, Electrical and Electronics, Industrial Manufacturing, Healthcare, Education and Research, 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:
- Altair Engineering
- Bentley
- Ansys
- PTC
- Siemens PLM Software
- Autodesk
- CPFD Software
- Cybernet
- Dassault Systemes
- Design Simulation Technologies
- Synopsys
- Mathworks
Highlights of The Simulation 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:
- Cloud
- On-premises
- By Application:
- Automobile
- Aerospace and Defense
- Electrical and Electronics
- Industrial Manufacturing
- Healthcare
- Education and Research
- 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 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?
Simulation software is a type of software that helps users to create and test scenarios, simulations or models.
Some of the major players in the simulation software market are Altair Engineering, Bentley, Ansys, PTC, Siemens PLM Software, Autodesk, CPFD Software, Cybernet, Dassault Systemes, Design Simulation Technologies, Synopsys, Mathworks.
The simulation software market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Simulation 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 Simulation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Simulation 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 Simulation 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 Simulation Software Market Size & Forecast, 2018-2028
4.5.1 Simulation Software Market Size and Y-o-Y Growth
4.5.2 Simulation Software Market Absolute $ Opportunity
Chapter 5 Global Simulation Software 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 Simulation Software Market Size Forecast by Type
5.2.1 Cloud
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Simulation Software 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 Simulation Software Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Aerospace and Defense
6.2.3 Electrical and Electronics
6.2.4 Industrial Manufacturing
6.2.5 Healthcare
6.2.6 Education and Research
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Simulation 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 Simulation 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 Simulation Software Analysis and Forecast
9.1 Introduction
9.2 North America Simulation Software 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 Simulation Software Market Size Forecast by Type
9.6.1 Cloud
9.6.2 On-premises
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 Simulation Software Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Aerospace and Defense
9.10.3 Electrical and Electronics
9.10.4 Industrial Manufacturing
9.10.5 Healthcare
9.10.6 Education and Research
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 Simulation Software Analysis and Forecast
10.1 Introduction
10.2 Europe Simulation Software 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 Simulation Software Market Size Forecast by Type
10.6.1 Cloud
10.6.2 On-premises
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 Simulation Software Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Aerospace and Defense
10.10.3 Electrical and Electronics
10.10.4 Industrial Manufacturing
10.10.5 Healthcare
10.10.6 Education and Research
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 Simulation Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Simulation Software 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 Simulation Software Market Size Forecast by Type
11.6.1 Cloud
11.6.2 On-premises
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 Simulation Software Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Aerospace and Defense
11.10.3 Electrical and Electronics
11.10.4 Industrial Manufacturing
11.10.5 Healthcare
11.10.6 Education and Research
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 Simulation Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Simulation Software 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 Simulation Software Market Size Forecast by Type
12.6.1 Cloud
12.6.2 On-premises
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 Simulation Software Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Aerospace and Defense
12.10.3 Electrical and Electronics
12.10.4 Industrial Manufacturing
12.10.5 Healthcare
12.10.6 Education and Research
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) Simulation Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Simulation Software 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) Simulation Software Market Size Forecast by Type
13.6.1 Cloud
13.6.2 On-premises
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) Simulation Software Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Aerospace and Defense
13.10.3 Electrical and Electronics
13.10.4 Industrial Manufacturing
13.10.5 Healthcare
13.10.6 Education and Research
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 Software Market: Competitive Dashboard
14.2 Global Simulation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Altair Engineering
14.3.2 Bentley
14.3.3 Ansys
14.3.4 PTC
14.3.5 Siemens PLM Software
14.3.6 Autodesk
14.3.7 CPFD Software
14.3.8 Cybernet
14.3.9 Dassault Systemes
14.3.10 Design Simulation Technologies
14.3.11 Synopsys
14.3.12 Mathworks
