South Korea Engineering Software Market Size & Outlook

The engineering software market in South Korea is expected to reach a projected revenue of US$ 4,633.2 million by 2030. A compound annual growth rate of 19.2% is expected of South Korea engineering software market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,356.5
Forecast, 2030 (US$M)
$4,633.2
CAGR, 2024 - 2030
19.2%
Report Coverage
South Korea

South Korea engineering software market highlights

  • The South Korea engineering software market generated a revenue of USD 1,356.5 million in 2023 and is expected to reach USD 4,633.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 19.2% 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.


Engineering software market data book summary

Market revenue in 2023USD 1,356.5 million
Market revenue in 2030USD 4,633.2 million
Growth rate19.2% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data2017 - 2022
Base year2023
Forecast period2024 - 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, South Korea accounted for 3.6% of the global engineering software market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China engineering software market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,342.3 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Engineering Software Market Companies

Name Profile # Employees HQ Website

South Korea 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 60.55% in 2023. Horizon Databook has segmented the South Korea engineering software market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.


Reasons to subscribe to South Korea engineering software market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of South Korea engineering software market databook

  • 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 South Korea engineering software market , including forecasts for subscribers. This country databook contains high-level insights into South Korea engineering software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

South Korea engineering software market size, by component, 2017-2030 (US$M)

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

South Korea engineering software market size, by component, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more