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)
$125,453.2
CAGR, 2024 - 2030
18.8%
Report Coverage
Worldwide
Global engineering software market, 2017-2030 (US$M)
Related Markets
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 2023 | USD 37,507.2 million |
| Market revenue in 2030 | USD 125,453.2 million |
| Growth rate | 18.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, 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 Scope
Engineering software market segmentation & scope
Others
Others
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
- Software
- 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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Target buyers of Global engineering software market databook
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Our clientele includes a mix of engineering software market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by region, 2017-2030 (US$M)
Top 10 countries: Engineering software market size, 2023 (USD Million)
Top 10 countries: Engineering software market size, 2023 (USD Million)
Global engineering software market, by region, 2023 (US$M)
Related regional statistics
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