Engineering Software Market Scope And Analysis

  • Report Code : TIPTE100000135
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Engineering Software Market Scope and Key Players Analysis by 2031

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Engineering Software Market Report Scope

Report Attribute Details
Market size in 2023 US$ 39.47 Billion
Market Size by 2031 US$ 73.03 Billion
Global CAGR (2023 - 2031) 7.9%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Software Type
  • CAD
  • CAM
  • CAE
  • AEC
  • EDA
By Application
  • Plant Design
  • Design Automation
  • Drafting & 3D Modelling
  • Product Design & Testing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • PTC
  • Rockwell Automation Inc
  • SAP SE
  • Siemens
  • Synopsys Inc
  • Autodesk Inc
  • AVEVA
  • Dassault Syst mes
  • Vectorworks Inc
  • Hexagon AB
  • Engineering Software Market News and Recent Developments

    The engineering software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • In February 2024, - Global technology company Cognizant is aiming to accelerate business modernization by expanding its array of platform offerings. The company announced the launch of Cognizant Flowsource, a generative AI-enabled platform designed to power the new era of software engineering.

    (Source: Cognizant, Press Release, 2024)

    • In June 2023, Nullspace, Inc. was launched as a spin-off from IERUS Technologies, an established defense contractor in Huntsville, AL. Nullspace, Inc. focuses on delivering advanced engineering software for electromagnetics applications.

    (Source: Nullspace, Press Release, 2023)

    Engineering Software Market Report Coverage and Deliverables

    The "Engineering Software Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles