Europe Engineering Software Market Size & Outlook

The engineering software market in Europe is expected to reach a projected revenue of US$ 37,900.5 million by 2030. A compound annual growth rate of 19.1% is expected of Europe engineering software market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,126.6
Forecast, 2030 (US$M)
$37,900.5
CAGR, 2024 - 2030
19.1%
Report Coverage
Europe

Europe engineering software market highlights

  • The Europe engineering software market generated a revenue of USD 11,126.6 million in 2023.
  • The market is expected to grow at a CAGR of 19.1% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 11,126.6 million
Market revenue in 2030USD 37,900.5 million
Growth rate19.1% (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
Key market players worldwideAltair Engineering Inc Class A, Ansys Inc, Autodesk Inc, Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE, Keysight Technologies Inc, Siemens AG, 3D Systems Corp, PTC, Hexagon AB ADR, ZWSOFT, Mastercam


Other key industry trends

  • In terms of revenue, Europe region accounted for 29.7% of the global engineering software market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 33,659.3 million by 2030.

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Engineering Software Market Companies

Name Profile # Employees HQ Website

Europe 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 71.56% in 2023. Horizon Databook has segmented the Europe engineering software market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of engineering software market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe engineering software market , including forecasts for subscribers. This continent databook contains high-level insights into Europe engineering software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe engineering software market size, by country, 2017-2030 (US$M)

Europe Engineering Software Market Outlook Share, 2023 & 2030 (US$M)

Europe engineering software market size, by country, 2017-2030 (US$M)

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