Global Engineering Software Market Size & Outlook

The engineering software industry worldwide is expected to reach a projected revenue of US$ 125,453.2 million by 2030. A compound annual growth rate of 18.8% is expected of the worldwide engineering software industry from 2024 to 2030.
Revenue, 2023 (US$M)
$37,507.2
Forecast, 2030 (US$M)
$125,453.2
CAGR, 2024 - 2030
18.8%
Report Coverage
Worldwide

Global engineering software market highlights

  • The global engineering software market generated a revenue of USD 37,507.2 million in 2023 and is expected to reach USD 125,453.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 18.8% by 2030.
  • In terms of segment, software accounted for a revenue of USD 26,405.9 million in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 37,507.2 million
Market revenue in 2030USD 125,453.2 million
Growth rate18.8% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 33.0% of the global engineering software market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 1,585.0 million by 2030.

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Engineering Software Market Companies

Name Profile # Employees HQ Website

Global engineering 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 engineering software market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 70.4% in 2023. Horizon Databook has segmented the Global engineering software market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Engineering Software Component Outlook (Revenue, USD Million, 2017-2030)
    • Software
      • Computer-Aided Design (CAD) Software
      • Computer-Aided Manufacturing (CAM) Software
      • Computer-Aided Engineering (CAE) Software
      • Others
    • Services
      • Development Service
      • Training, Support & Maintenance
  • Global Engineering Software Deployment Outlook (Revenue, USD Million, 2017-2030)
    • Cloud
    • On-Premises
  • Global Engineering Software Application Outlook (Revenue, USD Million, 2017-2030)
    • Design Automation
    • Product Design & Testing
    • Plant Design
    • Drafting & 3D Modelling
    • Others
  • Global Engineering Software End-Use Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Aerospace & Defense
    • Electronics
    • Medical Devices
    • Architecture, Engineering and Construction (AEC)
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global engineering software market , including forecasts for subscribers. This global databook contains high-level insights into Global engineering software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global engineering software market size, by region, 2017-2030 (US$M)

Top 10 countries: Engineering software market size, 2023 (US$M)

Global engineering software market share, by component, 2023 & 2030 (%, US$M)

Engineering software market: Opportunity assessment by country

Global engineering software market, by region, 2023 (US$M)

Global engineering software market size, by region, 2017-2030 (US$M)

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