Simulation Software Market

Simulation Software Market by Offering (Software & Professional Services), Software Type (Computer-Aided Design, Finite Element Analysis), Deployment Mode (On-Premises and Cloud), Application, Vertical and Region - Global Forecast to 2028

Report Code: TC 5813 Sep, 2023, by marketsandmarkets.com

Simulation Software Market Share, Forecast & Growth Report

[343 Pages Report] TheSimulation Software Market size was worth approximately $18.1 billion in 2023. It is expected to grow at an effective compound annual growth rate (CAGR) of 13.1% from 2023 to 2028. The revenue forecast for 2027 is projected to reach $33.5 billion. The base year consider for estimation is 2022 and the historical data spans from 2023 to 2028.

The surge in demand for efficient solutions to reduce production expenses and training costs is driving the growth of the simulation software market. This growth is attributed to the efficient utilization of simulation software, which also reduces risks and enhances performance across industries. Furthermore, the continuous advancements in computing power and cloud technology have played a pivotal role in promoting the widespread adoption of simulation software. As these technologies progress, simulations become more accessible, realistic, and scalable, making them increasingly valuable across various industries.

Additionally, the integration of technologies like Digital Twin, AR/VR, and 3D printing is amplifying the impact of simulation software. These innovations are revolutionizing processes and bolstering competitiveness in multiple aerospace, automotive, and healthcare sectors. These factors collectively point to a promising growth trajectory for the simulation software market as businesses seek innovative ways to optimize their operations and gain a competitive edge. Consequently, the demand for simulation software will witness a significant upsurge shortly.

Simulation Software Market

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Simulation Software Market

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Simulation Software Market Growth Dynamics

Driver: There is a growing need for efficient software solutions to minimize production expenses and training costs

The growing demand for efficient simulation software solutions to cut production expenses and training costs is driving the rapid growth of the simulation software market. Companies across various industries increasingly use simulation software to optimize their operations and streamline training processes. These sophisticated tools empower businesses to replicate real-world scenarios, identify operational inefficiencies, and experiment with innovative ideas in a risk-free environment. By adopting this approach, companies can significantly reduce production expenses and training costs while enhancing overall productivity and performance. This prevailing trend underscores the growing recognition of simulation software as an invaluable resource for modern businesses seeking cost-effective, data-driven solutions.

Restraint: Absence of proficient individuals to operate simulation software

Efficient employment of simulation software necessitates expertise in software operation and the simulation domain. Tasks like configuring model parameters and interpreting results demand skilled engineering, physics, or related professionals. The shortage of such experts presents challenges for organizations, potentially increasing operational costs and limiting the software’s benefits.

Opportunity: Expansion of the Automotive industry

The automotive industry is undergoing a significant transformation, driven by customer demand for personalized experiences, the rise of new competitors, and the adoption of electric, connected, and autonomous vehicles. Companies like Ansys are addressing these challenges with innovative solutions like Vehicle Performance Engineering tailored for the automotive sector. In this dynamic landscape, the growth in the automotive industry presents a significant opportunity for the expansion of simulation software, enabling quicker time-to-market, reduced risks, controlled costs, and the creation of appealing products for both established and new players in the evolving automotive ecosystem.

Challenge: Absence of standardization norms

The absence of standardized practices in the simulation software market hampers collaboration across diverse sectors such as engineering, healthcare, and gaming. The variation in software design and data formats disrupts seamless integration and resource allocation, resulting in increased costs, time inefficiencies, and data accuracy challenges. Furthermore, the absence of benchmarks complicates performance assessment and progress monitoring. Addressing these issues necessitates collaborative efforts to establish industry standards that boost compatibility, foster innovation, and enhance cohesion within the simulation software market.

Simulation Software
Market Ecosystem

Simulation Software Market

By vertical, the Healthcare and Pharmaceuticals segment will grow at the highest CAGR during the forecast period.

Due to several key factors, the healthcare and pharmaceuticals segment is experiencing remarkable growth in the simulation software market. The increasing complexity of drug development and healthcare systems necessitates advanced tools for research, testing, and optimization. Simulation software offers a cost-effective and efficient means to model intricate biological processes, drug interactions, and clinical scenarios, accelerating innovation. Additionally, the global emphasis on personalized medicine and the urgent need for drug discovery, especially during health crises, further drive demand. Moreover, regulatory agencies are increasingly recognizing the value of simulation in assessing drug safety and efficacy, boosting its adoption in this sector. Consequently, the healthcare and pharmaceuticals segment is witnessing rapid growth as stakeholders recognize the indispensable role of simulation software in advancing patient care and drug development.

By deployment mode, the cloud segment will grow at the highest CAGR during the forecast period.

The cloud deployment mode is experiencing explosive growth in the simulation software market. It offers scalability, allowing organizations to access and utilize simulation tools on-demand without hefty hardware investments. Additionally, cloud deployment fosters collaboration by enabling remote access and real-time data sharing among geographically dispersed teams. Furthermore, automatic updates and maintenance reduce IT overhead, ensuring that users always have access to the latest simulation capabilities. These benefits drive the rapid adoption of cloud-based solutions in the simulation software sector.

By region, North America accounts for the highest market size during the forecast period.

The simulation market in North America is experiencing rapid growth due to many research and development (R&D) institutions and major industry players like Siemens, ANSYS, Dassault Systemes, etc. These organizations continually drive innovation, fostering early adoption of simulation technology and the development of high-quality solutions. Additionally, the region hosts a diverse range of target industries, including automotive, aerospace & defense, industrial manufacturing, and healthcare. These increasingly turn to simulation software to enhance their operations and decision-making processes. Government support further amplifies this growth, with initiatives like R&D funding and tax incentives, creating a conducive environment for the region’s simulation software market to flourish.

Simulation Software Market Size, and Share

Key Market Players

Siemens (Germany), Ansys (US), Dassault Systemes (France), MathWorks (US), Autodesk (US), Keysight (US), Hexagon (US), Honeywell (US), Altair (US), PTC (US), AVL (Austria), AVEVA (UK), Spirent (UK), Bentley (US), Synopsys (Canada), Certara (US), aPriori (US), AnyLogic (US), SimScale (Germany), Simul8 (UK), Simio (US), FlexSim (US), MOSIMTEC (US), ProSim (US), Cybernet (US), and Cesim (Finland) are the players in the simulation software market.

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Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Million/USD Billion) 

Segments Covered

Offering, Software Type, Deployment Mode, Application, Vertical

Geographies covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies covered

Major vendors in the global simulation software market include Siemens (Germany), Ansys (US), Dassault Systemes (France), MathWorks (US), Autodesk (US), Keysight (US), Hexagon (US), Honeywell (US), Altair (US), PTC (US), AVL (Austria), AVEVA (UK), Spirent (UK), Bentley (US), Synopsys (Canada), Certara (US), aPriori (US), AnyLogic (US), SimScale (Germany), Simul8 (UK), Simio (US), FlexSim (US), MOSIMTEC (US), ProSim (US), Cybernet (US), and Cesim (Finland).   

The study categorizes the simulation software market by segments - offering, software type, deployment mode, application, vertical, and region.

By Offering:
  • Software
  • Professional Services
By Software Type:
  • Computer-Aided Design (CAD) Software
  • Physics Simulation Software
  • Finite Element Analysis (FEA) Software
  • Computational Fluid Dynamics (CFD) Software
  • Process Simulation Software
  • Electronic Simulation Software
  • Healthcare and Epidemiological Simulation Software
  • Gaming, AR, VR, and Training Simulation Software
  • Other Software Types (Financial and Economic, Environmental, Social, Molecular and Chemical, Traffic and Transportation)
By Deployment Mode:
  • On-Premises
  • Cloud
By Application
  • Engineering, Research, Modeling, and Simulated Testing
  • Automotive and Vehicle Simulation
  • Gamification, VR, AR, and Immersive Experience
  • Manufacturing and Process Optimization
  • Urban Planning, Supply Chain, Logistics Management, and Transportation
  • Healthcare and Medical Devices Simulation
  • Other Applications (Cyber Simulation, Financial and Risk Management, Energy and Environmental)
By Vertical:
  • Automotive
  • Aerospace & Defense
  • Electrical and Electronics
  • Healthcare and Pharmaceuticals
  • Oil & Gas, and Mining
  • Construction
  • Ship Building and Marine
  • Chemicals
  • Other Verticals
By Region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Recent Developments

  • In July 2023, Ansys (US) partnered with EikoSim to strengthen simulation validation. The partnership integrates EikoSim’s image analysis with Ansys Mechanical and LS-DYNA software, enhancing engineering simulation with EikoTwin’s validation capabilities.
  • In June 2023, Dassault Systemes (France) joined forces with Dassault Aviation to deploy the 3DEXPERIENCE platform on a sovereign cloud infrastructure, enhancing European defense initiatives’ security and collaborative capabilities. This strategic endeavor seeks to cultivate self-sufficiency and extend its impact to various sectors, including healthcare and public services.
  • In March 2023, MathWorks (US) and Green Hills Software partnered to integrate Simulink with Infineon AURIX TC4x microcontrollers for the streamlined design of safety-related applications. The collaboration facilitates automated code compilation through Embedded Coder and enables processor-in-loop (PIL) simulations for testing.
  • In September 2022, Autodesk (US) and Epic Games joined forces, offering free access to Twinmotion for Autodesk Revit users. This collaboration enhances project visualization, including lifelike renders, animations, and VR, by integrating Twinmotion with Revit’s BIM software.
  • In July 2022, Siemens (Germany) and Esri joined forces to enhance power grid planning, operations, and maintenance. This collaboration leverages Esri’s geospatial software and Siemens’ specialized knowledge to develop an all-encompassing digital representation of the grid. This advancement enhances the integration of Distributed Energy Resources and expedites the transition to a more sustainable energy ecosystem.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 33)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2018–2022
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 39)
    2.1 RESEARCH DATA 
           FIGURE 1 SIMULATION SOFTWARE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primary profiles
                               FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.2 Key insights from industry experts
    2.2 DATA TRIANGULATION AND MARKET BREAKUP 
           FIGURE 3 MARKET: DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION 
           FIGURE 4 SIMULATION SOFTWARE MARKET ESTIMATION: RESEARCH FLOW
           2.3.1 TOP-DOWN APPROACH
                    FIGURE 5 APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOFTWARE/SERVICES OF SIMULATION SOFTWARE VENDORS
                    FIGURE 6 APPROACH 1 (SUPPLY-SIDE ANALYSIS)
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 — BOTTOM-UP (DEMAND SIDE): PRODUCTS/SOLUTIONS/SERVICES
    2.4 MARKET FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 RECESSION IMPACT AND ASSUMPTIONS 
           2.5.1 RECESSION IMPACT
           2.5.2 ASSUMPTIONS
    2.6 LIMITATIONS 
           FIGURE 8 STUDY LIMITATIONS
 
3 EXECUTIVE SUMMARY (Page No. - 49)
    TABLE 3 SIMULATION SOFTWARE MARKET SIZE AND GROWTH RATE, 2017–2022 (USD MILLION, Y-O-Y %) 
    TABLE 4 MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y %) 
    FIGURE 9 GLOBAL MARKET SIZE AND Y-O-Y GROWTH RATE 
    FIGURE 10 NORTH AMERICA TO DOMINATE MARKET IN 2023 
 
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN SIMULATION SOFTWARE MARKET 
           FIGURE 11 SIMULATION SOFTWARE OFFERINGS GAINING TREMENDOUS TRACTION IN AUTOMOTIVE INDUSTRY
    4.2 MARKET, BY OFFERING, 2023–2028 
           FIGURE 12 SOFTWARE SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
    4.3 MARKET, BY VERTICAL AND SOFTWARE TYPE, 2023 
           FIGURE 13 AUTOMOTIVE VERTICAL AND FINITE ELEMENT ANALYSIS SOFTWARE TYPE TO HOLD LARGEST MARKET SHARE IN 2023
    4.4 MARKET: TOP 3 APPLICATIONS, 2023–2028 
           FIGURE 14 HEALTHCARE AND MEDICAL DEVICES SIMULATION APPLICATION TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD
    4.5 MARKET, BY DEPLOYMENT MODE, 2023–2028 
           FIGURE 15 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
    4.6 MARKET INVESTMENT SCENARIO, BY REGION 
           FIGURE 16 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 56)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 17 SIMULATION SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing capabilities of simulation with regard to advanced technologies such as digital twin, AR/VR, and 3D printing
                    5.2.1.2 Advancements in computing power and cloud technology
                    5.2.1.3 Increasing demand for effective solutions to reduce production expenses and training costs
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of simulation software and services
                    5.2.2.2 Lack of skilled professionals to operate simulation software
                    5.2.2.3 Complexity of simulation software
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth of automotive industry
                    5.2.3.2 Expansion of healthcare industry
                    5.2.3.3 Development of new technologies such as quantum computing and artificial intelligence
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of standardization
                    5.2.4.2 Regulatory and compliance challenges
                    5.2.4.3 Integration and compatibility
    5.3 USE CASES 
           5.3.1 CASE STUDY 1: ALTAIR STREAMLINED FEA POST-PROCESSING FOR NORTHROP GRUMMAN MARINE SYSTEMS
           5.3.2 CASE STUDY 2: ANYWAVES ACHIEVED RAPID ANTENNA INNOVATION WITH SIMULIA CST STUDIO
           5.3.3 CASE STUDY 3: GEA ENHANCED AGRICULTURAL MACHINERY DESIGN EFFICIENCY WITH SOLID EDGE SIMULATION
           5.3.4 CASE STUDY 4: ANSYS-POWERED SIMULATION OPTIMIZED INNOVATIVE BATTERY STORAGE SYSTEM FOR WÄRTSILÄ
           5.3.5 CASE STUDY 5: NAPINO UTILIZED AUTODESK MOLDFLOW TO RESOLVE AUTOMOTIVE SWITCH DEFORMATION
    5.4 VALUE CHAIN ANALYSIS 
           FIGURE 18 SIMULATION SOFTWARE MARKET: VALUE CHAIN ANALYSIS
    5.5 MARKET ECOSYSTEM 
           FIGURE 19 SIMULATION SOFTWARE: MARKET ECOSYSTEM
    5.6 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 20 SIMULATION SOFTWARE: PORTER’S FIVE FORCES ANALYSIS
           TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON SIMULATION SOFTWARE MARKET
           5.6.1 THREAT OF NEW ENTRANTS
           5.6.2 THREAT OF SUBSTITUTES
           5.6.3 BARGAINING POWER OF SUPPLIERS
           5.6.4 BARGAINING POWER OF BUYERS
           5.6.5 INTENSITY OF COMPETITIVE RIVALRY
    5.7 PRICING ANALYSIS 
           TABLE 6 PRICING/PRICING MODELS OF MATHWORKS
           TABLE 7 PRICING/PRICING MODELS OF AUTODESK
           TABLE 8 PRICING/PRICING MODELS OF BENTLEY SYSTEMS
           TABLE 9 PRICING/PRICING MODELS OF SIMUL8 CORP
    5.8 TECHNOLOGY ANALYSIS 
           5.8.1 CLOUD-BASED SIMULATION
           5.8.2 MULTI-DISCIPLINARY SIMULATION
           5.8.3 DIGITAL TWINS
           5.8.4 IOT AND IIOT
           5.8.5 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
           5.8.6 AUGMENTED REALITY AND VIRTUAL REALITY
           5.8.7 5G
    5.9 PATENT ANALYSIS 
           FIGURE 21 PATENT ANALYSIS: SIMULATION SOFTWARE
    5.10 EMERGING TRENDS IN SIMULATION SOFTWARE MARKET 
           FIGURE 22 MAJOR YCC TRENDS TO DRIVE FUTURE REVENUE PROSPECTS IN MARKET
    5.11 TARIFF AND REGULATORY LANDSCAPE 
           5.11.1 GERMAN CIVIL CODE
           5.11.2 SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION (SISO)
           5.11.3 INTERNATIONAL NURSING ASSOCIATION FOR CLINICAL SIMULATION AND LEARNING (INACSL)
           5.11.4 EUROPEAN CHEMICALS AGENCY (ECHA)
           5.11.5 OPEN GEOSPATIAL CONSORTIUM (OGC)
           5.11.6 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
                    TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%)
    5.13 KEY CONFERENCES AND EVENTS IN 2023–2024 
                    TABLE 12 MARKET: KEY CONFERENCES AND EVENTS
 
6 SIMULATION SOFTWARE MARKET, BY OFFERING (Page No. - 80)
    6.1 INTRODUCTION 
           6.1.1 OFFERING: MARKET DRIVERS
           FIGURE 24 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
           TABLE 13 MARKET, BY OFFERING, 2017–2022 (USD MILLION)
           TABLE 14 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 SOFTWARE 
           6.2.1 PROCESS OPTIMIZATION ACROSS ALL SIMULATION SOFTWARE TYPES TO BOOST GROWTH
                    TABLE 15 SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 16 SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.3 PROFESSIONAL SERVICES 
           6.3.1 CUSTOMIZED SERVICE OFFERINGS TO GAIN TRACTION, IN TURN, DRIVING MARKET GROWTH
                    TABLE 17 PROFESSIONAL SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 18 PROFESSIONAL SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.2 SIMULATION DEVELOPMENT SERVICES
           6.3.3 TRAINING AND CONSULTATION
           6.3.4 SUPPORT AND MAINTENANCE
 
7 SIMULATION SOFTWARE MARKET, BY SOFTWARE TYPE (Page No. - 86)
    7.1 INTRODUCTION 
           7.1.1 SOFTWARE TYPE: MARKET DRIVERS
                    FIGURE 25 FINITE ELEMENT ANALYSIS SOFTWARE SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
                    TABLE 19 MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                    TABLE 20 MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
    7.2 COMPUTER-AIDED DESIGN SOFTWARE 
           7.2.1 DESIGN VALIDATION AND OPTIMIZATION THROUGH COMPUTER-AIDED SIMULATIONS TO DRIVE MARKET GROWTH
                    TABLE 21 COMPUTER-AIDED DESIGN SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 22 COMPUTER-AIDED DESIGN SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 PHYSICS SIMULATION SOFTWARE 
           7.3.1 REALISTIC VIRTUAL MODELS FOR STUDYING PHYSICAL PHENOMENA TO FUEL MARKET GROWTH
                    TABLE 23 PHYSICS SIMULATION SOFTWARE: SIMULATION SOFTWARE MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 24 PHYSICS SIMULATION SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.4 FINITE ELEMENT ANALYSIS SOFTWARE 
           7.4.1 FEA SOFTWARE TO MODEL COMPLEX STRUCTURES FOR ENGINEERING ANALYSIS
                    TABLE 25 FINITE ELEMENT ANALYSIS SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 26 FINITE ELEMENT ANALYSIS SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.5 COMPUTATIONAL FLUID DYNAMICS SOFTWARE 
           7.5.1 CFD SOFTWARE TO OPTIMIZE FLUID BEHAVIOR FOR DIVERSE APPLICATIONS
                    TABLE 27 COMPUTATIONAL FLUID DYNAMICS SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 28 COMPUTATIONAL FLUID DYNAMICS SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.6 PROCESS SIMULATION SOFTWARE 
           7.6.1 PROCESS SIMULATION SOFTWARE TO OPTIMIZE INDUSTRIAL PROCESSES THROUGH VIRTUAL MODELING AND ANALYSIS
                    TABLE 29 PROCESS SIMULATION SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 30 PROCESS SIMULATION SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.7 ELECTRONIC SIMULATION SOFTWARE 
           7.7.1 ELECTRONIC SIMULATION SOFTWARE TO ENHANCE CIRCUIT DESIGN AND ANALYSIS FOR ELECTRONICS INDUSTRY
                    TABLE 31 ELECTRONIC SIMULATION SOFTWARE: SIMULATION SOFTWARE MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 32 ELECTRONIC SIMULATION SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.8 HEALTHCARE AND EPIDEMIOLOGICAL SIMULATION SOFTWARE 
           7.8.1 EPIDEMIOLOGICAL SIMULATIONS TO HELP MODEL DISEASE SPREAD, AIDING PUBLIC HEALTH PLANNING
                    TABLE 33 HEALTHCARE AND EPIDEMIOLOGICAL SIMULATION SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 34 HEALTHCARE AND EPIDEMIOLOGICAL SIMULATION SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.9 GAMING, AR, VR, AND TRAINING SIMULATION SOFTWARE 
           7.9.1 SOFTWARE TO ENABLE IMMERSIVE VR AND TRANSFORM TRAINING AND VISUALIZATION EXPERIENCES
                    TABLE 35 GAMING, AR, VR, AND TRAINING SIMULATION SOFTWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 36 GAMING, AR, VR, AND TRAINING SIMULATION SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.10 OTHER SOFTWARE TYPES 
           TABLE 37 OTHER SOFTWARE TYPES: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 38 OTHER SOFTWARE TYPES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 SIMULATION SOFTWARE MARKET, BY DEPLOYMENT MODE (Page No. - 103)
    8.1 INTRODUCTION 
           8.1.1 DEPLOYMENT MODE: MARKET DRIVERS
                    FIGURE 26 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD
                    TABLE 39 MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                    TABLE 40 MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
    8.2 ON-PREMISES 
           8.2.1 ON-SITE DEPLOYMENT FOR LOCALIZED SIMULATION SOLUTIONS TO FUEL MARKET GROWTH
                    TABLE 41 ON-PREMISES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 42 ON-PREMISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 CLOUD 
           8.3.1 CLOUD TO ENABLE SCALABLE AND ACCESSIBLE SIMULATIONS
                    TABLE 43 CLOUD: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 44 CLOUD: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 SIMULATION SOFTWARE MARKET, BY APPLICATION (Page No. - 108)
    9.1 INTRODUCTION 
           9.1.1 APPLICATION: MARKET DRIVERS
                    FIGURE 27 ENGINEERING, RESEARCH, MODELING, AND SIMULATED TESTING SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
                    TABLE 45 MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                    TABLE 46 MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
    9.2 ENGINEERING, RESEARCH, MODELING, AND SIMULATED TESTING 
           9.2.1 VIRTUAL PROTOTYPING USING SIMULATION SOFTWARE TO ACCELERATE DESIGN AND REDUCE DEVELOPMENT COSTS
                    TABLE 47 ENGINEERING, RESEARCH, MODELING, AND SIMULATED TESTING: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 48 ENGINEERING, RESEARCH, MODELING, AND SIMULATED TESTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 AUTOMOTIVE AND VEHICLE SIMULATION 
           9.3.1 SIMULATION TO HELP ENHANCE AUTOMOTIVE INNOVATION THROUGH VIRTUAL TESTING AND OPTIMIZATION
                    TABLE 49 AUTOMOTIVE AND VEHICLE SIMULATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 50 AUTOMOTIVE AND VEHICLE SIMULATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 GAMIFICATION, VR, AR, AND IMMERSIVE EXPERIENCE 
           9.4.1 SEGMENT TO GAIN TRACTION DUE TO REALISTIC EXPERIENCES THROUGH IMMERSIVE SIMULATIONS
                    TABLE 51 GAMIFICATION, VR, AR, AND IMMERSIVE EXPERIENCE: SIMULATION SOFTWARE MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 52 GAMIFICATION, VR, AR, AND IMMERSIVE EXPERIENCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.5 MANUFACTURING AND PROCESS OPTIMIZATION 
           9.5.1 SIMULATION SOFTWARE IN MANUFACTURING AND PROCESS OPTIMIZATION TO ENHANCE EFFICIENCY AND REDUCE COSTS IN MANUFACTURING PROCESSES
                    TABLE 53 MANUFACTURING AND PROCESS OPTIMIZATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 54 MANUFACTURING AND PROCESS OPTIMIZATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.6 URBAN PLANNING, SUPPLY CHAIN, LOGISTICS MANAGEMENT, AND TRANSPORTATION 
           9.6.1 SIMULATION TO OPTIMIZE URBAN PLANS AND STREAMLINE LOGISTICS OPERATIONS
                    TABLE 55 URBAN PLANNING, SUPPLY CHAIN, LOGISTICS MANAGEMENT, AND TRANSPORTATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 56 URBAN PLANNING, SUPPLY CHAIN, LOGISTICS MANAGEMENT, AND TRANSPORTATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.7 HEALTHCARE AND MEDICAL DEVICE SIMULATION 
           9.7.1 SIMULATION SOFTWARE TO HELP ENHANCE MEDICAL TRAINING, SAFETY, AND PERSONALIZED PATIENT CARE
                    TABLE 57 HEALTHCARE AND MEDICAL DEVICE SIMULATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 58 HEALTHCARE AND MEDICAL DEVICE SIMULATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.8 OTHER APPLICATIONS 
           TABLE 59 OTHER APPLICATIONS: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 60 OTHER APPLICATIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 SIMULATION SOFTWARE MARKET, BY VERTICAL (Page No. - 126)
     10.1 INTRODUCTION 
             10.1.1 VERTICAL: MARKET DRIVERS
                       FIGURE 28 AUTOMOTIVE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
                       TABLE 61 MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 62 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     10.2 AUTOMOTIVE 
             10.2.1 SIMULATIONS TO ENABLE ENHANCED VEHICLE DESIGN, SAFETY, AND PERFORMANCE
                       TABLE 63 AUTOMOTIVE: SIMULATION SOFTWARE MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 64 AUTOMOTIVE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.3 AEROSPACE AND DEFENSE 
             10.3.1 ADVANCED SIMULATIONS TO INCREASE AEROSPACE EFFICIENCY AND SAFETY
                       TABLE 65 AEROSPACE AND DEFENSE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 66 AEROSPACE AND DEFENSE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.4 ELECTRICAL AND ELECTRONICS 
             10.4.1 SIMULATION SOFTWARE TO ENABLE EFFICIENT CIRCUIT DESIGN AND ANALYSIS
                       TABLE 67 ELECTRICAL AND ELECTRONICS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 68 ELECTRICAL AND ELECTRONICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.5 HEALTHCARE AND PHARMACEUTICALS 
             10.5.1 SIMULATION SOFTWARE TO HELP ENHANCE MEDICAL TRAINING, SAFETY, AND PATIENT OUTCOMES
                       TABLE 69 HEALTHCARE AND PHARMACEUTICALS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 70 HEALTHCARE AND PHARMACEUTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.6 OIL & GAS AND MINING 
             10.6.1 USE OF SIMULATIONS TO ADDRESS ISSUES IN CRITICAL INFRASTRUCTURE IN OIL & GAS AND MINING VERTICALS
                       TABLE 71 OIL & GAS AND MINING: SIMULATION SOFTWARE MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 72 OIL & GAS AND MINING: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.7 CONSTRUCTION 
             10.7.1 USE OF SIMULATION SOFTWARE TO LEAD TO EFFICIENT DESIGNS, RESOURCES, AND REDUCTION IN COST IN CONSTRUCTION
                       TABLE 73 CONSTRUCTION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 74 CONSTRUCTION: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.8 SHIPBUILDING AND MARINE 
             10.8.1 SIMULATIONS TO OPTIMIZE SHIP DESIGN, SAFETY, AND PERFORMANCE
                       TABLE 75 SHIPBUILDING AND MARINE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 76 SHIPBUILDING AND MARINE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.9 CHEMICALS 
             10.9.1 SIMULATION SOFTWARE TO ENSURE PROCESS OPTIMIZATION, SAFETY, AND QUALITY IN CHEMICAL INDUSTRY
                       TABLE 77 CHEMICALS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 78 CHEMICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.10 OTHER VERTICALS 
               TABLE 79 OTHER VERTICALS: MARKET, BY REGION, 2017–2022 (USD MILLION)
               TABLE 80 OTHER VERTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
11 SIMULATION SOFTWARE MARKET, BY REGION (Page No. - 140)
     11.1 INTRODUCTION 
               FIGURE 29 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 81 MARKET, BY REGION, 2017–2022 (USD MILLION)
               TABLE 82 MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.2 NORTH AMERICA 
             11.2.1 NORTH AMERICA: MARKET DRIVERS
             11.2.2 NORTH AMERICA: RECESSION IMPACT
             11.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
                       FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
                       TABLE 83 NORTH AMERICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 84 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 85 NORTH AMERICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 86 NORTH AMERICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 87 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 88 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 89 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 90 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 91 NORTH AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 92 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 93 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 94 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.2.4 US
                       11.2.4.1 Simulation software to play critical role across diverse industries in US
                                   TABLE 95 US: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 96 US: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 97 US: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 98 US: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 99 US: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 100 US: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 101 US: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 102 US: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 103 US: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 104 US: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.2.5 CANADA
                       11.2.5.1 Canada’s innovation drive to power MARKET advancements
                                   TABLE 105 CANADA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 106 CANADA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 107 CANADA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 108 CANADA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 109 CANADA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 110 CANADA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 111 CANADA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 112 CANADA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 113 CANADA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 114 CANADA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.3 EUROPE 
             11.3.1 EUROPE: MARKET DRIVERS
             11.3.2 EUROPE: RECESSION IMPACT
             11.3.3 EUROPE: REGULATORY LANDSCAPE
                       TABLE 115 EUROPE: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 116 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 117 EUROPE: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 118 EUROPE: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 119 EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 120 EUROPE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 121 EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 122 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 123 EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 124 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 125 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 126 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.3.4 UK
                       11.3.4.1 UK to fuel expansion of simulation software through collaborative efforts
                                   TABLE 127 UK: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 128 UK: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 129 UK: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 130 UK: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 131 UK: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 132 UK: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 133 UK: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 134 UK: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 135 UK: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 136 UK: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.3.5 GERMANY
                       11.3.5.1 Advancements in simulation technology within automotive and healthcare verticals to drive market growth
                                   TABLE 137 GERMANY: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 138 GERMANY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 139 GERMANY: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 140 GERMANY: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 141 GERMANY: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 142 GERMANY: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 143 GERMANY: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 144 GERMANY: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 145 GERMANY: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 146 GERMANY: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.3.6 FRANCE
                       11.3.6.1 Government and non-profit organizations support to drive growth of simulation software in France
                                   TABLE 147 FRANCE: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 148 FRANCE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 149 FRANCE: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 150 FRANCE: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 151 FRANCE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 152 FRANCE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 153 FRANCE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 154 FRANCE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 155 FRANCE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 156 FRANCE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.3.7 REST OF EUROPE
                       TABLE 157 REST OF EUROPE: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 158 REST OF EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 159 REST OF EUROPE: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 160 REST OF EUROPE: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 161 REST OF EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 162 REST OF EUROPE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 163 REST OF EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 164 REST OF EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 165 REST OF EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 166 REST OF EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.4 ASIA PACIFIC 
             11.4.1 ASIA PACIFIC: MARKET DRIVERS
             11.4.2 ASIA PACIFIC: RECESSION IMPACT
             11.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                       FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
                       TABLE 167 ASIA PACIFIC: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 168 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 169 ASIA PACIFIC: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 170 ASIA PACIFIC: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 171 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 172 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 173 ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 174 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 175 ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 176 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 177 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 178 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.4.4 CHINA
                       11.4.4.1 China’s thriving tech landscape to fuel adoption of simulation software
                                   TABLE 179 CHINA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 180 CHINA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 181 CHINA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 182 CHINA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 183 CHINA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 184 CHINA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 185 CHINA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 186 CHINA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 187 CHINA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 188 CHINA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.4.5 JAPAN
                       11.4.5.1 Rising adoption of simulation technology in Japanese manufacturing and automotive verticals to fuel market growth
                                   TABLE 189 JAPAN: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 190 JAPAN: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 191 JAPAN: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 192 JAPAN: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 193 JAPAN: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 194 JAPAN: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 195 JAPAN: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 196 JAPAN: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 197 JAPAN: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 198 JAPAN: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.4.6 INDIA
                       11.4.6.1 Innovative partnerships and initiatives in India to drive simulation software landscape
                                   TABLE 199 INDIA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 200 INDIA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 201 INDIA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 202 INDIA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 203 INDIA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 204 INDIA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 205 INDIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 206 INDIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 207 INDIA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 208 INDIA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.4.7 SINGAPORE
                       11.4.7.1 Simulation software to thrive in Singapore’s aviation vertical
                                   TABLE 209 SINGAPORE: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 210 SINGAPORE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 211 SINGAPORE: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 212 SINGAPORE: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 213 SINGAPORE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 214 SINGAPORE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 215 SINGAPORE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 216 SINGAPORE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 217 SINGAPORE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 218 SINGAPORE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.4.8 REST OF ASIA PACIFIC
                       TABLE 219 REST OF ASIA PACIFIC: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 220 REST OF ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 221 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 222 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 223 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 224 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 225 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 226 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 227 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 228 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.5 MIDDLE EAST & AFRICA 
             11.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
             11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
             11.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
                       TABLE 229 MIDDLE EAST & AFRICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 230 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 231 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 232 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 233 MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 234 MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 235 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 236 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 237 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 238 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 239 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 240 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.5.4 UNITED ARAB EMIRATES
                       11.5.4.1 Rapid digitalization to lead to adoption of simulation solutions in UAE
                                   TABLE 241 UAE: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 242 UAE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 243 UAE: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 244 UAE: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 245 UAE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 246 UAE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 247 UAE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 248 UAE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 249 UAE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 250 UAE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.5.5 SOUTH AFRICA
                       11.5.5.1 Presence of vendors providing simulation software solutions in South Africa to drive market growth
                                   TABLE 251 SOUTH AFRICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 252 SOUTH AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 253 SOUTH AFRICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 254 SOUTH AFRICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 255 SOUTH AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 256 SOUTH AFRICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 257 SOUTH AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 258 SOUTH AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 259 SOUTH AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 260 SOUTH AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.5.6 REST OF MIDDLE EAST & AFRICA
                       TABLE 261 REST OF MIDDLE EAST & AFRICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 262 REST OF MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 263 REST OF MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 264 REST OF MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 265 REST OF MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 266 REST OF MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 267 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 268 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 269 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 270 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.6 LATIN AMERICA 
             11.6.1 LATIN AMERICA: MARKET DRIVERS
             11.6.2 LATIN AMERICA: RECESSION IMPACT
             11.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
                       TABLE 271 LATIN AMERICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 272 LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 273 LATIN AMERICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 274 LATIN AMERICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 275 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 276 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 277 LATIN AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 278 LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 279 LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 280 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 281 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 282 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             11.6.4 BRAZIL
                       11.6.4.1 Utilization of simulation software in electronics and construction to boost market in Brazil
                                   TABLE 283 BRAZIL: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 284 BRAZIL: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 285 BRAZIL: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 286 BRAZIL: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 287 BRAZIL: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 288 BRAZIL: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 289 BRAZIL: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 290 BRAZIL: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 291 BRAZIL: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 292 BRAZIL: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.6.5 MEXICO
                       11.6.5.1 Integration of simulation solutions in maritime sector to fuel growth in Mexico
                                   TABLE 293 MEXICO: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 294 MEXICO: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 295 MEXICO: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                                   TABLE 296 MEXICO: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                                   TABLE 297 MEXICO: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 298 MEXICO: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 299 MEXICO: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 300 MEXICO: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 301 MEXICO: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 302 MEXICO: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             11.6.6 REST OF LATIN AMERICA
                       TABLE 303 REST OF LATIN AMERICA: SIMULATION SOFTWARE MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 304 REST OF LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 305 REST OF LATIN AMERICA: MARKET, BY SOFTWARE TYPE, 2017–2022 (USD MILLION)
                       TABLE 306 REST OF LATIN AMERICA: MARKET, BY SOFTWARE TYPE, 2023–2028 (USD MILLION)
                       TABLE 307 REST OF LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 308 REST OF LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 309 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 310 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 311 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 312 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 244)
     12.1 OVERVIEW 
     12.2 REVENUE ANALYSIS OF LEADING PLAYERS 
               FIGURE 32 MARKET: REVENUE ANALYSIS
     12.3 MARKET SHARE ANALYSIS OF TOP MARKET PLAYERS 
               TABLE 313 MARKET: DEGREE OF COMPETITION
     12.4 HISTORICAL REVENUE ANALYSIS 
               FIGURE 33 HISTORICAL FIVE-YEAR SEGMENTAL REVENUE ANALYSIS OF KEY SIMULATION SOFTWARE PROVIDERS
     12.5 RANKING OF KEY PLAYERS 
               FIGURE 34 SIMULATION SOFTWARE MARKET: RANKING OF KEY PLAYERS
     12.6 COMPANY EVALUATION MATRIX OF KEY PLAYERS 
             12.6.1 DEFINITIONS AND METHODOLOGY
                       FIGURE 35 EVALUATION MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE
                       FIGURE 36 EVALUATION MATRIX FOR KEY PLAYERS, 2023
             12.6.2 STARS
             12.6.3 EMERGING LEADERS
             12.6.4 PERVASIVE PLAYERS
             12.6.5 PARTICIPANTS
             12.6.6 KEY COMPANY FOOTPRINT, BY REGION
                       TABLE 314 REGIONAL FOOTPRINT OF KEY COMPANIES
     12.7 SME EVALUATION MATRIX 
             12.7.1 DEFINITIONS AND METHODOLOGY
                       FIGURE 37 EVALUATION MATRIX FOR SMES: CRITERIA WEIGHTAGE
                       FIGURE 38 EVALUATION MATRIX FOR SMES, 2023
             12.7.2 PROGRESSIVE COMPANIES
             12.7.3 RESPONSIVE COMPANIES
             12.7.4 DYNAMIC COMPANIES
             12.7.5 STARTING BLOCKS
             12.7.6 SME FOOTPRINT, BY REGION
                       TABLE 315 REGIONAL FOOTPRINT OF SMES
     12.8 COMPETITIVE SCENARIO AND TRENDS 
             12.8.1 PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 316 MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, 2021–2023
             12.8.2 DEALS
                       TABLE 317 SIMULATION SOFTWARE MARKET: DEALS, 2021–2023
 
13 COMPANY PROFILES (Page No. - 269)
     13.1 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
             13.1.1 SIEMENS
                       TABLE 318 SIEMENS: BUSINESS OVERVIEW
                       FIGURE 39 SIEMENS: COMPANY SNAPSHOT
                       TABLE 319 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 320 SIEMENS: PRODUCT LAUNCHES
                       TABLE 321 SIEMENS: DEALS
             13.1.2 ANSYS
                       TABLE 322 ANSYS: BUSINESS OVERVIEW
                       FIGURE 40 ANSYS: COMPANY SNAPSHOT
                       TABLE 323 ANSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 324 ANSYS: PRODUCT LAUNCHES
                       TABLE 325 ANSYS: DEALS
             13.1.3 DASSAULT SYSTEMES
                       TABLE 326 DASSAULT SYSTEMES: BUSINESS OVERVIEW
                       FIGURE 41 DASSAULT SYSTEMES: COMPANY SNAPSHOT
                       TABLE 327 DASSAULT SYSTEMES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 328 DASSAULT SYSTEMES: DEALS
             13.1.4 MATHWORKS
                       TABLE 329 MATHWORKS: BUSINESS OVERVIEW
                       TABLE 330 MATHWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 331 MATHWORKS: PRODUCT LAUNCHES
                       TABLE 332 MATHWORKS: DEALS
             13.1.5 AUTODESK
                       TABLE 333 AUTODESK: BUSINESS OVERVIEW
                       FIGURE 42 AUTODESK: COMPANY SNAPSHOT
                       TABLE 334 AUTODESK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 335 AUTODESK: PRODUCT LAUNCHES
                       TABLE 336 AUTODESK: DEALS
             13.1.6 KEYSIGHT
                       TABLE 337 KEYSIGHT: BUSINESS OVERVIEW
                       FIGURE 43 KEYSIGHT: COMPANY SNAPSHOT
                       TABLE 338 KEYSIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 339 KEYSIGHT: PRODUCT LAUNCHES
                       TABLE 340 KEYSIGHT: DEALS
             13.1.7 HEXAGON
                       TABLE 341 HEXAGON: BUSINESS OVERVIEW
                       TABLE 342 HEXAGON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 343 HEXAGON: PRODUCT LAUNCHES
                       TABLE 344 HEXAGON: DEALS
             13.1.8 HONEYWELL
                       TABLE 345 HONEYWELL: BUSINESS OVERVIEW
                       FIGURE 44 HONEYWELL: COMPANY SNAPSHOT
                       TABLE 346 HONEYWELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 347 HONEYWELL: PRODUCT LAUNCHES
                       TABLE 348 HONEYWELL: DEALS
             13.1.9 ALTAIR
                       TABLE 349 ALTAIR: BUSINESS OVERVIEW
                       FIGURE 45 ALTAIR: COMPANY SNAPSHOT
                       TABLE 350 ALTAIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 351 ALTAIR: PRODUCT LAUNCHES
                       TABLE 352 ALTAIR: DEALS
             13.1.10 PTC
                       TABLE 353 PTC: BUSINESS OVERVIEW
                       FIGURE 46 PTC: COMPANY SNAPSHOT
                       TABLE 354 PTC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 355 PTC: PRODUCT LAUNCHES
                       TABLE 356 PTC: DEALS
             13.1.11 AVL
             13.1.12 AVEVA
             13.1.13 SPIRENT
             13.1.14 BENTLEY
             13.1.15 SYNOPSYS
             13.1.16 CERTARA
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
     13.2 OTHER PLAYERS 
             13.2.1 APRIORI
             13.2.2 ANYLOGIC
             13.2.3 SIMSCALE
             13.2.4 SIMUL8
             13.2.5 SIMIO
             13.2.6 FLEXSIM
             13.2.7 MOSIMTEC
             13.2.8 PROSIM
             13.2.9 CYBERNET
             13.2.10 CESIM
 
14 ADJACENT MARKETS (Page No. - 332)
     14.1 INTRODUCTION 
               TABLE 357 ADJACENT MARKETS AND FORECASTS
     14.2 LIMITATIONS 
     14.3 SIMULATION SOFTWARE ECOSYSTEM AND ADJACENT MARKETS 
     14.4 DIGITAL TWIN MARKET 
             14.4.1 DIGITAL TWIN MARKET, BY ENTERPRISE SIZE
                       TABLE 358 DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2019–2022 (USD MILLION)
                       TABLE 359 DIGITAL TWIN MARKET, BY ENTERPRISE SIZE, 2023–2028 (USD MILLION)
             14.4.2 DIGITAL TWIN MARKET, BY APPLICATION
                       TABLE 360 DIGITAL TWIN MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
                       TABLE 361 DIGITAL TWIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     14.5 COMPUTER-AIDED MANUFACTURING MARKET 
             14.5.1 COMPUTER-AIDED MANUFACTURING MARKET, BY COMPONENT
                       TABLE 362 COMPUTER-AIDED MANUFACTURING MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
             14.5.2 COMPUTER-AIDED MANUFACTURING MARKET, BY DEPLOYMENT TYPE
                       TABLE 363 COMPUTER-AIDED MANUFACTURING MARKET, BY DEPLOYMENT TYPE, 2016–2023 (USD MILLION)
 
15 APPENDIX (Page No. - 336)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

The study involved significant activities in estimating the current market size for the simulation software market. Exhaustive secondary research was done to collect information on the simulation software industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the Simulation software market.

Secondary Research

The market for the companies offering simulation software and professional services is arrived at by secondary data available through paid and unpaid sources, analyzing the product portfolios of the major companies in the ecosystem, and rating the companies by their performance and quality. Various sources were referred to in the secondary research process to identify and collect information for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, journals, certified publications, and articles from recognized authors, directories, and databases.

In the secondary research process, various secondary sources were referred to for identifying and collecting information related to the study. Secondary sources included annual reports, press releases, and investor presentations of simulation software vendors, forums, certified publications, and whitepapers. The secondary research was used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.

Primary Research

In the primary research process, various supply and demand sources were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the Simulation software market.

After the complete market engineering (calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. Primary research was also undertaken to identify the segmentation types, industry trends, competitive landscape of Simulation software solutions offered by various market players, and fundamental market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key player strategies.

In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods were extensively used to perform the market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.

Following is the breakup of the primary study:

Simulation Software Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were used to estimate and validate the size of the global simulation software market and the size of various other dependent sub-segments in the overall simulation software market. The research methodology used to estimate the market size includes the following details: critical players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of the top market players, and extensive interviews were conducted for key insights from the industry leaders, such as CEOs, VPs, directors, and marketing executives.

All percentage splits and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added to detailed inputs and analysis from MarketsandMarkets.

Infographic Depicting Bottom-Up and Top-Down Approaches

Simulation Software Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Simulation Software Market Size, and Share

Data Triangulation

The market was split into several segments and subsegments after arriving at the overall market size using the market size estimation processes explained above. The data triangulation and market breakup procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

According to MathWorks, Simulation software helps you predict the behavior of a system. You can use simulation software to evaluate a new design, diagnose problems with an existing design, and test a system under conditions that are hard to reproduce, such as a satellite in outer space. To run a simulation, you need a mathematical model of your system, which can be expressed as a block diagram, schematic, state diagram, or even code. The simulation software calculates the behavior of the model as conditions evolve over time or as events occur. Simulation software also includes visualization tools, such as data displays and 3D animation, to help monitor the simulation as it runs

Key Stakeholders

  • Chief technology and data officers
  • Simulation service professionals
  • Business analysts
  • Information Technology (IT) professionals
  • Investors and venture capitalists
  • Third-party providers
  • Consultants/consultancies/advisory firms
  • Product designers/computer-aided software engineers
  • System Integrators
  • Value-added Resellers (VARs)

Report Objectives

  • To describe and forecast the global simulation software market by offering, software type, deployment mode, application, vertical, and region.
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
  • To analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall market
  • To provide detailed information on significant factors (drivers, restraints, opportunities, and challenges) influencing the market’s growth
  • To analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major players
  • To profile the key players of the simulation software market and comprehensively analyze their market shares and core competencies
  • Track and analyze competitive developments, such as mergers and acquisitions (M&A), new product developments, and partnerships and collaborations in the market.

Customization Options

With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the Middle Eastern and African market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
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Published ON
Sep, 2023
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