Saudi Arabia Automotive Simulation Software Market Size & Outlook
Saudi Arabia automotive simulation software market, 2018-2030 (US$M)
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Saudi Arabia automotive simulation software market highlights
- The Saudi Arabia automotive simulation software market generated a revenue of USD 104.1 million in 2023 and is expected to reach USD 243.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Automotive simulation software market data book summary
| Market revenue in 2023 | USD 104.1 million |
| Market revenue in 2030 | USD 243.1 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Altair Engineering Inc Class A, Autodesk Inc, Ansys Inc, PTC, Dassault Systemes SE, MathWorks, Applied Intuition |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.0% of the global automotive simulation software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia automotive simulation software market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 224.4 million by 2030.
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Automotive Simulation Software Market Scope
Automotive Simulation Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia automotive simulation software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive simulation software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 67.92% in 2023. Horizon Databook has segmented the Saudi Arabia automotive simulation software market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Automotive Simulation Software Solution Outlook (Revenue, USD Million, 2018-2030)
- Software
- CAE Software
- Electromagnetic Simulation Software
- Training/Human-in-the-Loop (HITL) Simulation Software
- ADAS Simulation Software
- Others
- Services
- Simulation Development Services
- Training and Support & Maintenance
- Software
- Saudi Arabia Automotive Simulation Software Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud-based
- Saudi Arabia Automotive Simulation Software End User Outlook (Revenue, USD Million, 2018-2030)
- OEMs (Automotive Vehicle Manufacturers)
- Automotive Component Manufacturers
- Others (Research institutes & regulating authorities)
- Saudi Arabia Automotive Simulation Software Application Outlook (Revenue, USD Million, 2018-2030)
- Designing & Development
- Testing & Validation
- Supply Chain Simulation
- Others
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Target buyers of Saudi Arabia automotive simulation software market databook
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Our clientele includes a mix of automotive simulation software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia automotive simulation software market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia automotive simulation software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia automotive simulation software market size, by solution, 2018-2030 (US$M)
Saudi Arabia Automotive Simulation Software Market Outlook Share, 2023 & 2030 (US$M)
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