Simulation Software Market 2017 - Global Forecast to 2022: Increasing Use of Simulation Applications in the Automobile And Healthcare Verticals

DUBLIN, Dec. 21, 2017 /PRNewswire/ --

The "Simulation Software Market by Component (Software and Services), Application, Vertical (Automobile, Aerospace & Defense, Electrical & Electronics, Healthcare, and Education & Research), Deployment Mode, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The Global Simulation Software Market to Grow from USD 6.26 Billion in 2017 to USD 13.45 Billion By 2022, at a CAGR of 16.5%a

The components segment has been further segmented into software and services. The services segment is expected to grow at the highest CAGR during the forecast period. Growing awareness among the governments and enterprises about the features and benefits of the simulation and analysis technology, and the rising need for product enhancement and process improvement using design and consulting services are driving the global simulation software market.

North America is expected to have the largest market size in the simulation software market, while Asia Pacific is expected to grow with at highest CAGR during the forecast period. The North American region has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market.

A considerable growth is expected in the region during the forecast period. The major initiatives taken for the simulation and analysis technology have their origin in this region. The smart city initiatives taken by the government in this region have positively impacted the adoption trend of the simulation and analysis technology to enhance the monitoring and improve the surveillance.

Market Dynamics

Drivers

• Increasing Demand for Ecofriendly Work Environment
• Growing Number of Sme Units
• Expensive Real-Time Training
• Increasing Focus On R&D Activities

Restraints

• Complexities in Real-Time Control

Opportunities

• Increasing Use of Simulation Applications in the Automobile And Healthcare Verticals
• Growing Need to Manage And Analyze Data Generated By Simulations

Challenges

• Lack of Benchmark And Standards in the Simulation And Analysis Market
• Integration Complexities

Industry Trends

• Simulation And Analysis Market: Use Cases

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview And Industry Trends

6 Simulation And Analysis Market, By Component

7 Simulation And Analysis Market, By Application

8 Simulation And Analysis Market, By Deployment Mode

9 Simulation And Analysis Market, By Vertical

10 Simulation And Analysis Market, By Region

11 Competitive Landscape

12 Company Profiles

• Altair Engineering
• Ansys
• Autodesk
• Bentley Systems
• Cpfd Software
• Cybernet
• Dassault Systmes
• Design Simulation Technologies
• Mathworks
• PTC
• Siemens Plm Software
• Synopsys

For more information about this report visit https://www.researchandmarkets.com/research/9v5z9s/simulation?w=5

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