Simulation Software Market by Component (Software (FEA, CFD), Services), Deployment (Cloud, On-premises), Application (Product Engineering, R&D, and Gamification), Vertical (Automobile, Healthcare and Pharmaceuticals), and Region (2022 - 2026)
Updated on : June 06, 2023
Simulation Software Market Forecast & Report Overview, Worldwide Analysis
The global Simulation Software Market size as per revenue was approximately $12.7 billion in 2020 is poised to generate a revenue around $26.9 billion by the end of 2026, projecting a CAGR of 13.2%.
The Simulation Software market growth is driven by the major factors include increasing demand for effective solution to reduce production expenses and training costs and increasing capabilities of simulation with regards to advanced technologies such as digital twins, AR/VR, and 3D printing. Further, increasing investment in industry such as aerospace and defense, and requirement of simulation in healthcare to develop and produce effective vaccines for diseases like COVID-19 is expected to be fuel the market growth in coming years.
Simulation is a computer-based model, which depends on the principles of mathematics and physics. It enables the designing, validation, and optimization of products and solutions. It can also be considered as a tool used for various applications, such as Research and Development (R&D), product engineering, and gamification. Enterprises are getting attracted toward the simulation and analysis technology because it enables design verification and validation for the R&D activity. Simulation is also useful for learning and training purposes, as it is flexible, accelerates learning, and improves core skill sets. To be competent in the market, enterprises are increasing focus on R&D activities.
The simulation software market includes various vendors that provide software and services to process industries across the globe. Companies, such as AVL, MSC Software, Siemens, PTC, and Dassault Systemes among others, have adopted organic as well as inorganic growth strategies, including partnerships, agreements, and collaborations to expand their footprint in the global simulation software market. Several key vendors are launching new solutions and enhancing the existing solutions related to the simulation across the region, which is expected to boost the growth of the simulation software market.
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Simulation Software Market Growth Dynamics
Driver: Increasing instances of cloud breaches due to its misconfiguration
The simulation software helps reduce production and training costs and simultaneously improves operational performance. Several big companies have collaborated or acquired simulation companies to implement simulation solutions. For instance, Deloitte Consulting partnered with Simio to implement a simulation process and reduce operating costs for an HVAC manufacturer. Bentley Systems acquired Citilabs and Orbit Geospatial Technologies for the expansion of its analytics and mobile simulation software. Simulation processes help solve problems before prototypes are prepared. Ansys entered into an agreement with Lumerical, one of the leading developers of photonic design and simulation tools. The agreement will help Ansys have a wide range of photonics products and provide customers with a full set of solutions. Various verticals, such as automotive, aerospace and defense, electrical and electronics, industrial manufacturing, and healthcare, have adopted simulation solutions and services to not only save expenses but also to save human life. According to the US Bureau of Labor Statistics, several deaths and accidents occur on construction sites due to the fault of equipment and vehicles. Inexperienced operators on machinery can be risky for any on-the-job training. Hence, computer-based simulation has emerged as an efficient training solution. Simulation software has advanced to the same level of sophistication as that of a real machine. For instance, flight simulators, a simulation technology, which is now a mandatory training component for pilots to obtain and maintain their license.
Restraint: Complexities in integrating software and increasing data security concern
Developers and testers always encounter a situation where the simulation model performs effectively during testing but fails in real-time situations. Such discrepancies are known as data leakage. Data leakage refers to an error caused by sharing information between test and training sets. The test set should simulate unseen data in a real-life situation, whereas the training set consists of data run on the system previously. Since developers have access to both train and test data sets, thus data leakage is often seen in most cases due to human faults. Data leakage leads to an unexpectedly high result in the simulation process, which misleads enterprises or organizations to implement those in real world scenarios. This, in turn, affects the simulation process along with the overall costs.
Opportunity: High spending on simulation in aerospace, healthcare, and defense
High spending on aerospace and defense globally has given an opportunity for innovation and implementation of the simulation software. The military often uses war games to train soldiers that require military simulation software technologies. The US Army has implemented virtual reality simulation technology for such training purposes. The incorporation of advanced technologies, such as AI and ML, can help military simulation software to become more efficient. Companies, such as Entrust Solutions, have come up with innovative simulation solutions to leverage this opportunity. Owing to COVID-19, there is a good opportunity for the growth of the simulation software market, especially in the healthcare sector. Simulation modeling can provide organizations with strategies to respond quickly, safely, and effectively. For instance, according to Ansys, simulation can be used to design UV light treatment systems for various environments and ensure sufficient doses of UV light are delivered to deactivate viruses.
Challenge: Lack of standard benchmark to measure outputs
The adoption of standardized benchmarking systems can help researchers better leverage recent technological innovations. Despite having an efficient MBS simulation tool, there is a lack of a standard benchmark to measure such software applications. MBS simulation tools support designing virtual prototypes of machinery, road and rail vehicle design, robotics, and even spacecraft control. Owing to the absence of benchmarking methods, it becomes impossible to compare performance of different available simulation methods, creating a challenge for companies.
Software segment to have highest market share during the forecast period
Simulation software is an essential component of a Computer-Aided Engineering (CAE) process. It helps engineers and product designers to evaluate, optimize, and compare their product designs and prototypes by modeling events in real-world computer-generated environments. Simulation software creates a model governed by equations and mathematical data and place it in a pre-defined system. By analyzing these models, engineers can observe the system interaction with the real-time scenarios, and predict its performance, defects, stresses, and product lifespan. Simulation software vendors are integrating simulation models with digital twin, digital additive manufacturing and networking, and communication. These integrations are expanding the capabilities of simulation software, thereby attracting various verticals such as automobile, healthcare, and pharmaceuticals and construction.
Healthcare and Pharmaceuticals vertical to grow with the fastest growing CAGR during the forecast period
Applications of routine structures and common repetitive practices of healthcare can be fully automated and validated using simulation and technology. The healthcare simulation ensures real medical practices. Simulation is also used as a learning practice by doctors. The healthcare simulation can also be used in the aviation industry, fire departments, and military. For instance, Dassault Systemes offers the Living Heart model for the study of congenital defects. The Living Heart model helps modify shape and tissue properties of the heart virtually. In healthcare, simulation software serves use cases such as drug or medicine development process, streamlining of clinical trial, laboratory and supply chain process, optimizing manufacturing resources, and reducing waste. The increasing cases of critical illnesses, such as stroke, cancer, and multiple sclerosis, require continuous development in drugs and medicines to cure the diseases with more accurate results.
North America to hold the largest market size during the forecast period
North America being the early adopter of simulation technology, is the major revenue-generating region in the global simulation software market. The increase in the application of the simulation and analysis across verticals are the key driving factors for market growth. Most of the key vendors have established their organizational bases in North America. The region has become one of the leaders in innovations, R&D as well as technological advancements in the simulation software market in North America. The top contributing countries to the simulation software market in the region are the US and Canada.
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Asia Pacific to grow with fastest growing CAGR during the forecast period
APAC is expected to witness extensive growth opportunities in the manufacturing and IT sectors during the forecast period. The existence of large population, developing infrastructure and technology and affluence of source are the major factors contributing to the growth of the simulation software market in the region. The government of India and China have been accelerating manufacturing sector for developing and verifying cars, IT-related products and solutions, and defense equipment. High market growth is also anticipated due to technological advancements and utilization of the simulation and analysis technology. The rapid expansion of the domestic market, as well as global enterprises in the region, is also an important factor in the growth of simulation software market in the region.
Key Market Players
Major vendors in the global Simulation Software Market include MathWorks (US), Autodesk (US), Ansys (US), Siemens AG (Germany), PTC (US), Dassault Systemes (France), Altair Engineering (US), MSC Software (US), Honeywell (US), Keysight Technologies (US), Aveva (UK), Spirent Communications (UK), Bentley Systems (US), Synopsys (Canada), AVL List GmbH (Austria), COMSOL (England), Certara (US), CAE (Presagis (Canada)), aPriori (US), PTV Group (Germany), AnyLogic (US), SimScale (Germany), Scalable Networks (US), Simul8 Corporation (UK), FlexSim (US), MOSIMTEC (US), Simio (US), ProSim (US), Cybernet (US), and Cesim (Finland).
MathWorks:
Founded in 1984 and headquartered in US, MathWorks offers a mathematical computing software for algorithm development, data analysis, and visualization and numeric computation. The company offers a wide range of design and development products for automotive, aerospace, telecommunications, electronics, industrial manufacturing, and healthcare verticals. MathWorks’ products have been installed across the globe in 80,000+ universities and governments for designing and developing their systems.
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|
Report Metric |
Details |
|
Revenue Forecast Size in 2026 |
$26.9 billion |
|
Market Valued in 2020 |
$12.7 billion |
|
CAGR (2021-2026) |
13.2% |
|
Key Opportunities |
High spending on simulation in aerospace, healthcare, and defense |
|
Key Growth Drivers |
Increasing instances of cloud breaches due to its misconfiguration |
|
Market Segmentation |
Component, deployment, Application, Vertical, and Region |
|
Geographies covered |
North America, Europe, APAC, MEA, and Latin America |
|
Major Players |
IBM (US), Microsoft (US), SAP (Germany), AWS (US), Oracle (US), Huawei (China), R3 (US), HPE (US), Accenture (Dublin), Wipro (India), Infosys (India), Bitfury (The Netherlands), Factom (US), LeewayHertz (US), Altoros (US), VeChain (China), Salesforce (US), OpenXcell (US), Oodles Technologies (India), and Blocko (South Korea). |
This research report categorizes the Simulation Software Market to forecast revenues and analyze trends by Component, by deployment, by application, by vertical, and by region in each of the following subsegments:
Based on Component:
-
Software
-
Software Types
- Finite Element Analysis
- Computational Fluid Dynamics
- Electromagnetics Simulation
-
Software Types
- Professional Services
Based on Application:
- Product Engineering
- Research and Development
- Gamification
Based on Deployment:
- On-Premises
- Cloud
Based on Verticals:
- Automobile
- Aerospace and Defense
- Electrical and Electronics
- Healthcare and Pharmaceuticals
- Oil and Gas and Mining
- Construction
- Ship Buildings and Marine
- Chemicals
- Other verticals
Based on Region:
-
North America
- United States (US)
- Canada
-
Europe
- United Kingdom (UK)
- Germany
- Rest of Europe
-
APAC
- China
- Japan
- India
- Singapore
- Rest of APAC
-
MEA
- United Arab Emirates (UAE)
- South Africa
- Rest of Middle East and Africa
-
Latin America
- Brazil
- Mexico
- Rest of Latin America
Recent Developments:
- In February 2021, MathWorks partnership with Aimotive, an automotive vehicle technology company. The partnership will help MathWorks add RoadRunner tool of AImotive into its aiSim, an automotive-grade simulation platform for end-to-end testing of automated driving software.
- In September 2020, MathWorks launched updation in its software named as Simulink 2020b. The enhanced Simulink 2020b focuses on expanded access and speed, including the launch of Simulink Online for access through web browsers.
- In January 2019, MathWorks launched a new flight analysis and visualization capabilities for aerospace design. Aerospace Toolbox enabled users to customize the interfaces featuring cockpit flight instruments and to visualize and analyze the motion and behavior of aerospace vehicles.
Frequently Asked Questions (FAQ):
What is Simulation Software?
What is the Simulation Software Market Growth?
What are the upcoming trends in Simulation Software Market?
- Adoption of cloud-based simulation solutions
- Increased demand for real-time simulation
- Growth of Internet of Things (IoT) and Industry 4.0
- Expansion of virtual and augmented reality in simulation
- Growing demand for multi-disciplinary simulation
- Advancements in artificial intelligence and machine learning technology
- Increased demand for simulation in various industries, such as aerospace, automotive, healthcare, and construction.
Which region hold the maximum share for the Simulation Software Market?
What are the Driving factors for the Simulation Software Market?
What are the opportunities offering by the Simulation Software Market?
Who are the leading players in Simulation Software Market?
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 43)
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS AND EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONS COVERED
1.7 YEARS CONSIDERED FOR THE STUDY
1.8 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2014–2019
1.9 STAKEHOLDERS
1.10 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 53)
2.1 RESEARCH DATA
FIGURE 6 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
FIGURE 7 SIMULATION SOFTWARE MARKET: MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY, APPROACH 1 (SUPPLY SIDE): REVENUE OF SOFTWARE AND SERVICES IN MARKET
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1— BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOFTWARE AND SERVICES IN SIMULATION SOFTWARE MARKET
FIGURE 10 MARKET: MARKET ESTIMATION APPROACH – SUPPLY-SIDE ANALYSIS (COMPANY REVENUE ESTIMATION [ILLUSTRATION OF REVENUE ESTIMATION FOR PTC INC.])
FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2—BOTTOM-UP (DEMAND SIDE): PRODUCTS/SOFTWARE/SERVICES
2.4 MARKET FORECAST
FIGURE 12 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY (Page No. - 63)
TABLE 2 SIMULATION SOFTWARE MARKET SIZE AND GROWTH, 2014–2019 (USD MILLION, Y-O-Y %)
TABLE 3 MARKET SIZE AND GROWTH, 2020–2026 (USD MILLION, Y-O-Y %)
FIGURE 13 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2020
4 PREMIUM INSIGHTS (Page No. - 66)
4.1 ATTRACTIVE OPPORTUNITIES IN SIMULATION SOFTWARE MARKET
FIGURE 14 REDUCTION IN PRODUCTION EXPENSES AND TRAINING COSTS TO BOOST GROWTH OF MARKET
4.2 SIMULATION SOFTWARE MARKET, BY COMPONENT, 2020
FIGURE 15 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
4.3 MARKET, BY SOFTWARE TYPE, 2020
FIGURE 16 FINITE ELEMENT ANALYSIS SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
4.4 SIMULATION SOFTWARE MARKET, SHARE OF TOP THREE VERTICALS AND REGIONS, 2020
FIGURE 17 HEALTHCARE AND PHARMACEUTICAL SEGMENT AND ASIA PACIFIC REGION TO GROW AT HIGH GROWTH RATES DURING FORECAST PERIOD
4.5 MARKET INVESTMENT SCENARIO
FIGURE 18 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT SIX YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 69)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 SIMULATION SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Reduction in production expenses and training costs
5.2.1.2 Use of advanced technologies for simulation
5.2.1.3 Avoiding production of faulty products
5.2.1.4 COVID-19 Impact
5.2.2 RESTRAINTS
5.2.2.1 Complexities in integrating software and increasing data security concerns
5.2.2.2 COVID-19 Impact
5.2.3 OPPORTUNITIES
5.2.3.1 High spending on simulation in aerospace, healthcare, and defense
5.2.3.2 COVID-19 Impact
5.2.4 CHALLENGES
5.2.4.1 Lack of standard benchmark to measure outputs
5.2.4.2 COVID-19 Impact
5.3 USE CASES
5.3.1 USE CASE: SIEMENS
5.3.2 USE CASE: ANYLOGIC
5.3.3 USE CASE: CREATEASOFT
5.4 REGULATORY LANDSCAPE
5.4.1 GERMAN CIVIL CODE
5.4.2 SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION (SISO)
5.4.3 INTERNATIONAL NURSING ASSOCIATION FOR CLINICAL SIMULATION AND LEARNING (INACSL)
5.4.4 OPEN GEOSPATIAL CONSORTIUM (OGC)
5.5 SIMULATION SOFTWARE MARKET ECOSYSTEM
FIGURE 20 ECOSYSTEM
5.6 SUPPLY CHAIN ANALYSIS
FIGURE 21 SUPPLY CHAIN
5.6.1 SOFTWARE AND SERVICE PROVIDERS
5.6.2 VALUE ADDED RESELLERS
5.6.3 INDUSTRY VERTICALS
5.7 AVERAGE SELLING PRICES
TABLE 4 MONTHLY PRICING STRUCTURE OF FEW SIMULATION SOFTWARE VENDORS
5.8 TECHNOLOGY ANALYSIS
FIGURE 22 SIMULATION SOFTWARE MARKET, BY TECHNOLOGY
5.8.1 DIGITAL TWINS
5.8.2 IOT AND IIOT
5.8.3 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
5.8.4 AUGMENTED REALITY AND VIRTUAL REALITY
5.8.5 5G
5.9 PORTER’S FIVE FORCE ANALYSIS
FIGURE 23 SIMULATION SOFTWARE: PORTER’S FIVE FORCES ANALYSIS
5.9.1 THREAT OF NEW ENTRANTS
5.9.2 THREAT OF SUBSTITUTES
5.9.3 BARGAINING POWER OF SUPPLIERS
5.9.4 BARGAINING POWER OF BUYERS
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
6 SIMULATION SOFTWARE MARKET, BY COMPONENT (Page No. - 80)
6.1 INTRODUCTION
FIGURE 24 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
TABLE 5 SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 6 MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
6.2 SOFTWARE
6.2.1 SOFTWARE: MARKET DRIVERS
6.2.2 SOFTWARE: COVID-19 IMPACT
TABLE 7 SOFTWARE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 8 SOFTWARE: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.2.3 SOFTWARE TYPES
TABLE 9 SOFTWARE TYPES: MARKET SIZE, 2014–2019 (USD MILLION)
TABLE 10 SOFTWARE TYPES: MARKET SIZE, 2020–2026 (USD MILLION)
6.2.3.1 Finite Element Analysis
6.2.3.2 Computational Fluid Dynamics
6.2.3.3 Electromagnetics Simulation
6.3 PROFESSIONAL SERVICES
6.3.1 PROFESSIONAL SERVICES: SIMULATION SOFTWARE MARKET DRIVERS
6.3.2 PROFESSIONAL SERVICES: COVID-19 IMPACT
TABLE 11 PROFESSIONAL SERVICES: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 12 PROFESSIONAL SERVICES: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7 SIMULATION SOFTWARE MARKET, BY DEPLOYMENT (Page No. - 87)
7.1 INTRODUCTION
FIGURE 25 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
TABLE 13 MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 14 MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
7.2 ON-PREMISES
7.2.1 ON-PREMISES: MARKET DRIVERS
7.2.2 ON-PREMISES: COVID-19 IMPACT
TABLE 15 ON-PREMISES: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 16 ON-PREMISES: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7.3 CLOUD
7.3.1 CLOUD: MARKET DRIVERS
7.3.2 CLOUD: COVID-19 IMPACT
TABLE 17 CLOUD: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 18 CLOUD: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
8 SIMULATION SOFTWARE MARKET, BY APPLICATION (Page No. - 92)
8.1 INTRODUCTION
FIGURE 26 PRODUCT ENGINEERING SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
TABLE 19 MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 20 MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
8.2 PRODUCT ENGINEERING
8.2.1 PRODUCT ENGINEERING: MARKET DRIVERS
8.2.2 PRODUCT ENGINEERING: COVID-19 IMPACT
TABLE 21 PRODUCT ENGINEERING: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 22 PRODUCT ENGINEERING: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
8.3 RESEARCH AND DEVELOPMENT
8.3.1 RESEARCH AND DEVELOPMENT: MARKET DRIVERS
8.3.2 RESEARCH AND DEVELOPMENT: COVID-19 IMPACT
TABLE 23 RESEARCH AND DEVELOPMENT: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 24 RESEARCH AND DEVELOPMENT: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
8.4 GAMIFICATION
8.4.1 GAMIFICATION: MARKET DRIVERS
8.4.2 GAMIFICATION: COVID-19 IMPACT
TABLE 25 GAMIFICATION: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 26 GAMIFICATION: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9 SIMULATION SOFTWARE MARKET, BY VERTICAL (Page No. - 98)
9.1 INTRODUCTION
FIGURE 27 AUTOMOBILE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
TABLE 27 MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 28 MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
9.2 AUTOMOBILE
9.2.1 AUTOMOBILE: MARKET DRIVERS
9.2.2 AUTOMOBILE: COVID-19 IMPACT
TABLE 29 AUTOMOBILE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 30 AUTOMOBILE: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.3 AEROSPACE AND DEFENSE
TABLE 31 NASA’S TOTAL BUDGET FOR THE UPCOMING YEARS (USD MILLION)
9.3.1 AEROSPACE AND DEFENSE: SIMULATION SOFTWARE MARKET DRIVERS
9.3.2 AEROSPACE AND DEFENSE: COVID-19 IMPACT
TABLE 32 AEROSPACE AND DEFENSE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 33 AEROSPACE AND DEFENSE: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.4 ELECTRICAL AND ELECTRONICS
9.4.1 ELECTRICAL AND ELECTRONICS: SIMULATION SOFTWARE MARKET DRIVERS
9.4.2 ELECTRICAL AND ELECTRONICS: COVID-19 IMPACT
TABLE 34 ELECTRICAL AND ELECTRONICS: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 35 ELECTRICAL AND ELECTRONICS: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.5 HEALTHCARE AND PHARMACEUTICALS
9.5.1 HEALTHCARE AND PHARMACEUTICALS: MARKET DRIVERS
9.5.2 HEALTHCARE AND PHARMACEUTICALS: COVID-19 IMPACT
TABLE 36 HEALTHCARE AND PHARMACEUTICALS: SIMULATION SOFTWARE MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 37 HEALTHCARE AND PHARMACEUTICALS: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.6 OIL AND GAS AND MINING
9.6.1 OIL AND GAS AND MINING: SIMULATION SOFTWARE MARKET DRIVERS
9.6.2 OIL AND GAS AND MINING: COVID-19 IMPACT
TABLE 38 OIL AND GAS AND MINING: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 39 OIL AND GAS AND MINING: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.7 CONSTRUCTION
9.7.1 CONSTRUCTION: SIMULATION SOFTWARE MARKET DRIVERS
9.7.2 CONSTRUCTION: COVID-19 IMPACT
TABLE 40 CONSTRUCTION: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 41 CONSTRUCTION: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.8 SHIP BUILDINGS AND MARINE
9.8.1 SHIP BUILDINGS AND MARINE: MARKET DRIVERS
9.8.2 SHIP BUILDINGS AND MARINE: COVID-19 IMPACT
TABLE 42 SHIP BUILDINGS AND MARINE: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 43 SHIP BUILDINGS AND MARINE: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.9 CHEMICALS
9.9.1 CHEMICALS: SIMULATION SOFTWARE MARKET DRIVERS
9.9.2 CHEMICALS: COVID-19 IMPACT
TABLE 44 CHEMICALS: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 45 CHEMICALS: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
9.10 OTHER VERTICALS
9.10.1 OTHER VERTICALS: SIMULATION SOFTWARE MARKET DRIVERS
9.10.2 OTHER VERTICALS: COVID-19 IMPACT
TABLE 46 OTHER VERTICALS: MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 47 OTHER VERTICALS: MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
10 SIMULATION SOFTWARE MARKET, BY REGION (Page No. - 113)
10.1 INTRODUCTION
FIGURE 28 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 48 MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 49 MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: MARKET DRIVERS
10.2.2 NORTH AMERICA: COVID-19 IMPACT
10.2.3 NORTH AMERICA: SIMULATION SOFTWARE REGULATIONS
FIGURE 29 NORTH AMERICA: MARKET SNAPSHOT
TABLE 50 NORTH AMERICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 51 NORTH AMERICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 52 NORTH AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 53 NORTH AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 54 NORTH AMERICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 55 NORTH AMERICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 56 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 57 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 58 NORTH AMERICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 59 NORTH AMERICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 60 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 61 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.2.4 UNITED STATES
TABLE 62 UNITED STATES: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 63 UNITED STATES: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 64 UNITED STATES: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 65 UNITED STATES: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 66 UNITED STATES: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 67 UNITED STATES: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 68 UNITED STATES: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 69 UNITED STATES: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 70 UNITED STATES: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 71 UNITED STATES: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.2.5 CANADA
TABLE 72 CANADA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 73 CANADA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 74 CANADA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 75 CANADA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 76 CANADA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 77 CANADA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 78 CANADA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 79 CANADA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 80 CANADA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 81 CANADA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.3 EUROPE
10.3.1 EUROPE: MARKET DRIVERS
10.3.2 EUROPE: COVID-19 IMPACT
10.3.3 EUROPE: REGULATIONS
TABLE 82 EUROPE: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 83 EUROPE: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 84 EUROPE: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 85 EUROPE: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 86 EUROPE: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 87 EUROPE: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 88 EUROPE: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 89 EUROPE: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 90 EUROPE: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 91 EUROPE: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 92 EUROPE: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 93 EUROPE: MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.3.4 UNITED KINGDOM
TABLE 94 UNITED KINGDOM: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 95 UNITED KINGDOM: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 96 UNITED KINGDOM: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 97 UNITED KINGDOM: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 98 UNITED KINGDOM: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 99 UNITED KINGDOM: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 100 UNITED KINGDOM: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 101 UNITED KINGDOM: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 102 UNITED KINGDOM: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 103 UNITED KINGDOM: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.3.5 GERMANY
TABLE 104 GERMANY: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 105 GERMANY: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 106 GERMANY: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 107 GERMANY: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 108 GERMANY: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 109 GERMANY: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 110 GERMANY: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 111 GERMANY: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 112 GERMANY: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 113 GERMANY: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.3.6 FRANCE
TABLE 114 FRANCE: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 115 FRANCE: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 116 FRANCE: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 117 FRANCE: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 118 FRANCE: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 119 FRANCE: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 120 FRANCE: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 121 FRANCE: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 122 FRANCE: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 123 FRANCE: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.3.7 REST OF EUROPE
TABLE 124 REST OF EUROPE: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 125 REST OF EUROPE: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 126 REST OF EUROPE: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 127 REST OF EUROPE: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 128 REST OF EUROPE: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 129 REST OF EUROPE: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 130 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 131 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 132 REST OF EUROPE: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 133 REST OF EUROPE: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: MARKET DRIVERS
10.4.2 ASIA PACIFIC: COVID-19 IMPACT
10.4.3 ASIA PACIFIC: REGULATIONS
FIGURE 30 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 134 ASIA PACIFIC: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 135 ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 136 ASIA PACIFIC: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 137 ASIA PACIFIC: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 138 ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 139 ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 140 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 141 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 142 ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 143 ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 144 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 145 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.4.4 CHINA
TABLE 146 CHINA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 147 CHINA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 148 CHINA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 149 CHINA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 150 CHINA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 151 CHINA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 152 CHINA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 153 CHINA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 154 CHINA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 155 CHINA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.4.5 JAPAN
TABLE 156 JAPAN: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 157 JAPAN: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 158 JAPAN: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 159 JAPAN: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 160 JAPAN: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 161 JAPAN: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 162 JAPAN: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 163 JAPAN: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 164 JAPAN: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 165 JAPAN: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.4.6 INDIA
TABLE 166 INDIA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 167 INDIA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 168 INDIA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 169 INDIA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 170 INDIA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 171 INDIA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 172 INDIA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 173 INDIA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 174 INDIA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 175 INDIA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.4.7 SINGAPORE
TABLE 176 SINGAPORE: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 177 SINGAPORE: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 178 SINGAPORE: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 179 SINGAPORE: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 180 SINGAPORE: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 181 SINGAPORE: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 182 SINGAPORE: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 183 SINGAPORE: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 184 SINGAPORE: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 185 SINGAPORE: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.4.8 REST OF ASIA PACIFIC
TABLE 186 REST OF ASIA PACIFIC: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 187 REST OF ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 188 REST OF ASIA PACIFIC: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 189 REST OF ASIA PACIFIC: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 190 REST OF ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 191 REST OF ASIA PACIFIC: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 192 REST OF ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 193 REST OF ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 194 REST OF ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 195 REST OF ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.5 MIDDLE EAST AND AFRICA
10.5.1 MIDDLE EAST AND AFRICA: MARKET DRIVERS
10.5.2 MIDDLE EAST AND AFRICA: COVID-19 IMPACT
10.5.3 MIDDLE EAST AND AFRICA: REGULATIONS
TABLE 196 MIDDLE EAST AND AFRICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 197 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 198 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 199 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 200 MIDDLE EAST AND AFRICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 201 MIDDLE EAST AND AFRICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 202 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 203 MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 204 MIDDLE EAST AND AFRICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 205 MIDDLE EAST AND AFRICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 206 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 207 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.5.4 UNITED ARAB EMIRATES
TABLE 208 UNITED ARAB EMIRATES: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 209 UNITED ARAB EMIRATES: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 210 UNITED ARAB EMIRATES: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 211 UNITED ARAB EMIRATES: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 212 UNITED ARAB EMIRATES: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 213 UNITED ARAB EMIRATES: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 214 UNITED ARAB EMIRATES: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 215 UNITED ARAB EMIRATES: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 216 UNITED ARAB EMIRATES: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 217 UNITED ARAB EMIRATES: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.5.5 SOUTH AFRICA
TABLE 218 SOUTH AFRICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 219 SOUTH AFRICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 220 SOUTH AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 221 SOUTH AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 222 SOUTH AFRICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 223 SOUTH AFRICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 224 SOUTH AFRICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 225 SOUTH AFRICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 226 SOUTH AFRICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 227 SOUTH AFRICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.5.6 REST OF MIDDLE EAST AND AFRICA
TABLE 228 REST OF MIDDLE EAST AND AFRICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 229 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 230 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 231 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 232 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 233 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 234 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 235 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 236 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 237 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.6 LATIN AMERICA
10.6.1 LATIN AMERICA: MARKET DRIVERS
10.6.2 LATIN AMERICA: COVID-19 IMPACT
TABLE 238 LATIN AMERICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 239 LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 240 LATIN AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 241 LATIN AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 242 LATIN AMERICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 243 LATIN AMERICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 244 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 245 LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 246 LATIN AMERICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 247 LATIN AMERICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 248 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 249 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.6.3 BRAZIL
TABLE 250 BRAZIL: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 251 BRAZIL: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 252 BRAZIL: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 253 BRAZIL: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 254 BRAZIL: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 255 BRAZIL: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 256 BRAZIL: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 257 BRAZIL: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 258 BRAZIL: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 259 BRAZIL: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.6.4 MEXICO
TABLE 260 MEXICO: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 261 MEXICO: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 262 MEXICO: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 263 MEXICO: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 264 MEXICO: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 265 MEXICO: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 266 MEXICO: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 267 MEXICO: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 268 MEXICO: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 269 MEXICO: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
10.6.5 REST OF LATIN AMERICA
TABLE 270 REST OF LATIN AMERICA: SIMULATION SOFTWARE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 271 REST OF LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 272 REST OF LATIN AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2014–2019 (USD MILLION)
TABLE 273 REST OF LATIN AMERICA: MARKET SIZE, BY SOFTWARE TYPE, 2020–2026 (USD MILLION)
TABLE 274 REST OF LATIN AMERICA: MARKET SIZE, BY DEPLOYMENT, 2014–2019 (USD MILLION)
TABLE 275 REST OF LATIN AMERICA: MARKET SIZE, BY DEPLOYMENT, 2020–2026 (USD MILLION)
TABLE 276 REST OF LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 277 REST OF LATIN AMERICA: MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION)
TABLE 278 REST OF LATIN AMERICA: MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 279 REST OF LATIN AMERICA: MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 208)
11.1 OVERVIEW
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 31 MARKET EVALUATION FRAMEWORK: 2018, 2019, 2020, 2021 WITNESSED SIMULATION SOFTWARE MARKET EXPANSION AND CONSOLIDATION
11.2.1 NEW PRODUCT LAUNCHES/DEVELOPMENTS
TABLE 280 NEW PRODUCT LAUNCHES/DEVELOPMENTS, 2018–2021
11.2.2 PARTNERSHIPS/CONTRACTS/AGREEMENTS/COLLABORATIONS
TABLE 281 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2019–2021
11.2.3 ACQUISITIONS
TABLE 282 ACQUISITIONS, 2017–2021
12 COMPANY EVALUATION MATRIX (Page No. - 218)
12.1 OVERVIEW
12.2 COMPETITIVE LEADERSHIP MAPPING
TABLE 283 EVALUATION CRITERIA
12.2.1 STAR
12.2.2 EMERGING LEADER
12.2.3 PERVASIVE
FIGURE 32 SIMULATION SOFTWARE MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, 2020
12.3 COMPETITIVE LEADERSHIP MAPPING, FOR STARTUPS AND SMALL AND MEDIUM-SIZED ENTERPRISES
12.3.1 PROGRESSIVE COMPANIES
12.3.2 RESPONSIVE COMPANIES
12.3.3 DYNAMIC COMPANIES
12.3.4 STARTING BLOCKS
FIGURE 33 SIMULATION SOFTWARE MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, FOR SMALL AND MEDIUM-SIZED ENTERPRISES AND STARTUPS, 2020
12.4 REVENUE ANALYSIS
FIGURE 34 FIVE-YEAR REVENUE ANALYSIS OF KEY SIMULATION SOFTWARE COMPANIES
12.5 MARKET SHARE ANALYSIS
TABLE 284 DEGREE OF COMPETITION
FIGURE 35 SIMULATION SOFTWARE MARKET (GLOBAL), MARKET SHARE, 2019
13 COMPANY PROFILES (Page No. - 224)
13.1 KEY PLAYERS
(Business Overview, Products Offered, Product Launches, Deals, MNM view, Key strengths/right to win, Strategic choices made and Weaknesses and competitive threats)*
13.1.1 MATHWORKS
13.1.2 AUTODESK
FIGURE 36 AUTODESK: COMPANY SNAPSHOT
13.1.3 ANSYS
FIGURE 37 ANSYS: COMPANY SNAPSHOT
13.1.4 SIEMENS
FIGURE 38 SIEMENS: COMPANY SNAPSHOT
13.1.5 PTC
FIGURE 39 PTC: COMPANY SNAPSHOT
13.1.6 DASSAULT SYSTEMES
FIGURE 40 DASSAULT SYSTEMES: COMPANY SNAPSHOT
13.1.7 ALTAIR ENGINEERING
FIGURE 41 ALTAIR ENGINEERING: COMPANY SNAPSHOT
13.1.8 MSC SOFTWARE
13.1.9 HONEYWELL
FIGURE 42 HONEYWELL: COMPANY SNAPSHOT
13.1.10 KEYSIGHT TECHNOLOGIES
FIGURE 43 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT
13.1.11 AVEVA
13.1.12 SPIRENT COMMUNICATIONS
13.1.13 BENTLEY SYSTEM
13.1.14 SYNOPSYS
13.1.15 AVL LIST GMBH
13.1.16 COMSOL
13.1.17 CERTARA
13.1.18 APRIORI
13.1.19 PRESAGIS
13.1.20 PTV GROUP
13.1.21 ANYLOGIC
13.1.22 SIMSCALE
13.1.23 SCALABLE NETWORKS
*Details on Business Overview, Products Offered, Product Launches, Deals, MNM view, Key strengths/right to win, Strategic choices made and Weaknesses and competitive threats might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 SIMUL8 CORP
13.2.2 FLEXISIM
13.2.3 MOSIMTEC
13.2.4 SIMIO
13.2.5 PROSIM
13.2.6 CYBERNET
13.2.7 CESIM
14 ADJACENT MARKETS (Page No. - 265)
14.1 INTRODUCTION TO ADJACENT MARKETS
TABLE 285 ADJACENT MARKETS AND FORECASTS
14.2 LIMITATIONS
14.3 SIMULATION SOFTWARE MARKET ECOSYSTEM AND ADJACENT MARKETS
14.4 DIGITAL TWIN MARKET
TABLE 286 DIGITAL TWIN MARKET, BY USAGE TYPE, 2016–2019 (USD BILLION)
TABLE 287 DIGITAL TWIN MARKET, BY USAGE TYPE, 2020–2026 (USD BILLION)
TABLE 288 DIGITAL TWIN MARKET FOR PRODUCT USAGE TYPE, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 289 DIGITAL TWIN MARKET FOR PRODUCT USAGE TYPE, BY INDUSTRY, 2020–2026 (USD MILLION)
TABLE 290 DIGITAL TWIN MARKET, BY APPLICATION, 2016–2019 (USD BILLION)
TABLE 291 DIGITAL TWIN MARKET, BY APPLICATION, 2020–2026 (USD BILLION)
TABLE 292 DIGITAL TWIN MARKET, BY INDUSTRY, 2016–2019 (USD BILLION)
TABLE 293 DIGITAL TWIN MARKET, BY INDUSTRY, 2020–2026 (USD BILLION)
TABLE 294 DIGITAL TWIN MARKET, BY REGION, 2016–2019 (USD BILLION)
TABLE 295 DIGITAL TWIN MARKET, BY REGION, 2020–2026 (USD BILLION)
TABLE 296 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 297 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 298 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 299 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 300 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 301 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 302 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 303 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2020–2026 (USD MILLION)
14.5 COMPUTER-AIDED MANUFACTURING MARKET
TABLE 304 COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
TABLE 305 COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION)
TABLE 306 COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION)
TABLE 307 COMPUTER-AIDED MANUFACTURING MARKET, BY INDUSTRY VERTICAL, 2016–2023 (USD MILLION)
TABLE 308 COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
TABLE 309 NORTH AMERICA: COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 310 EUROPE: COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 311 ASIA PACIFIC: COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 312 MIDDLE EAST AND AFRICA: COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
TABLE 313 LATIN AMERICA: COMPUTER-AIDED MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
14.6 PRODUCT LIFECYCLE MANAGEMENT (PLM) MARKET
TABLE 314 PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COMPONENT, 2017–2024 (USD MILLION)
TABLE 315 PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION)
TABLE 316 PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2017–2024 (USD MILLION)
TABLE 317 PRODUCT LIFECYCLE MANAGEMENT MARKET, BY VERTICAL, 2017–2024 (USD MILLION)
TABLE 318 AUTOMOTIVE AND TRANSPORTATION: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 319 INDUSTRIAL MACHINERY AND HEAVY EQUIPMENT: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 320 SEMICONDUCTOR AND ELECTRONICS: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 321 ENERGY AND UTILITIES: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 322 RETAIL AND CONSUMER GOODS: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 323 HEALTHCARE AND LIFE SCIENCES: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 324 OTHERS VERTICAL: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD THOUSAND)
TABLE 325 PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
TABLE 326 NORTH AMERICA: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
TABLE 327 EUROPE: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
TABLE 328 ASIA PACIFIC: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
TABLE 329 MIDDLE EAST AND AFRICA: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
TABLE 330 LATIN AMERICA: PRODUCT LIFECYCLE MANAGEMENT MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
15 APPENDIX (Page No. - 281)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major activities to estimate the current size of the simulation software market. An exhaustive secondary research was done to collect information on the simulation software market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the size of the segments and sub segments of the market.
Secondary Research
The market for companies offering simulation software offerings was arrived at based on the secondary data available through paid and unpaid sources, by analyzing product portfolios of the major companies in the ecosystem, and rating companies based on their performance and quality. In the secondary research process, various sources were referred to for identifying and collecting information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; and white papers, journals, and certified publications. Secondary sources were used to identify and collect useful information for this extensive, technical, and commercial study on the global simulation software market.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. Primary sources from the supply side included various industry experts, including Chief Experience Officers (CXOs), Vice Presidents (VPs), directors from business development, marketing, and product development/innovation teams, related key executives from simulation software vendors, simulation software solution providers, industry associations, independent blockchain consultants, and key opinion leaders. Primary interviews were conducted to gather insights, such as market statistics, revenue collected from solutions and services, market breakups, market size estimations, market forecasts, and data triangulation. Primary research also helped in understanding the various trends related to technology, application, deployment, and region. Stakeholders from the demand side, such as Chief Information Officers (CIOs), Chief Technology Officers (CTOs), Chief Security Officers (CSOs), and the installation teams of end users using simulation software solutions, were interviewed to understand the buyer’s perspective on the suppliers, and solution and service providers, and their current use of solutions.
Following is the breakup of the primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Simulation software market. These methods were also used extensively to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:
- Key players in the market have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the simulation software market by component, by deployment, by application, by vertical and by region.
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing market growth
- To analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leaders
- To forecast the market size of the segments with respect to five main regions: North America, Europe, Middle East and Africa (MEA), Asia Pacific (APAC), and Latin America
- To profile key players and comprehensively analyze their market rankings and core competencies
- To analyze competitive developments, such as mergers and acquisitions, product developments, and Research and Development (R&D) activities, in the market
- To analyze the impact of the COVID-19 outbreak on the growth of the market
COVID-19 Impact
The COVID-19 pandemic has affected every segment of society, including individuals and businesses. The internet ecosystem has been playing a pivotal role all over the globe. Due to the COVID-19 pandemic, the dependency on online businesses has increased significantly. BFSI, healthcare and life sciences, manufacturing, automotive, retail, transport, and logistics, among others, are leveraging the internet to provide necessary services to consumers. Simulation software is a tool used to virtually create a real-time environment to test the efficiency and applicability of different products. Vendors have experienced an increased demand for simulation solutions post the pandemic. Simulation software is to analyze the spread of the virus, and the effectiveness of social distancing. The restrictions imposed by governments in response to the COVID-19 pandemic have encouraged employees to work from home, and even ‘stay at home’. Consequently, technology has become even more important across working and personal lives. Despite this rising of technology needs, it is noticeable that many organizations still do not provide a ’cyber-safe’ remote-working environment. Where business meetings were traditionally held in-person, most now take place virtually. The simulation software vendors are actively making efforts to combat the COVID-19 situation by offering simulation analysis pertaining to the spread of the disease. Further, the vendors have also introduced new products and services to maintain its competitive position in the market. The use of simulation software is enabling automobile manufacturers to test multiple vehicle models in a simulated environment before determining and finalizing the final vehicle. The benefits of simulation software such as a reduction in production expenditure and reduced costs of training are expected to drive the market for simulation software.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Geographic Analysis
- Further breakup of APAC into countries in Simulation software market size
- Further breakup of North America into countries in Simulation software market size
- Further breakup of Latin America into countries in Simulation software market size
- Further breakup of MEA into countries in Simulation software market size
- Further breakup of Europe into countries in Simulation software market size
Company Information
- Detailed analysis and profiling of additional market players (up to five)
Generating Response ...
Growth opportunities and latent adjacency in Simulation Software Market