The global simulation software market generated $5.16 billion in 2017, and is expected to reach $10.03 billion by 2025, registering a CAGR of 8.90% from 2018 to 2025. Key market players – Altair Engineering, Inc., ANSYS, Inc., Autodesk, Inc., Bentley Systems, Dassault Systems, Hexagon (MSC Software Corporation), The MathWorks, Inc., PTC, Inc., Siemens PLM Software, and The AnyLogic Company. …
Tag Archives: Simulation Software Industry
Simulation Software Market: Quantitative Analysis and Prevailing Market Opportunities
Innovative applications of simulations for digital twins and usage of simulation software for building IoT supporting devices are estimated offer new opportunities in the industry in coming years. Rise in adoption of simulation in aerospace & defense sector, surge in demand for eco-friendly workplace, and surge in usage of simulation software for automotive and healthcare …