Global Simulation Software Market Size & Outlook
Global simulation software market, 2018-2030 (US$M)
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Global simulation software market highlights
- The global simulation software market generated a revenue of USD 20,957.2 million in 2023 and is expected to reach USD 51,108.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.6% by 2030.
- In terms of segment, software accounted for a revenue of USD 14,564.0 million in 2023.
- Services 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 20,957.2 million |
| Market revenue in 2030 | USD 51,108.1 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| 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 34.2% of the global simulation software market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 1,440.2 million by 2030.
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Simulation Software Market Scope
Simulation Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| The MathWorks Inc. | View profile | 11-50 | Pozuelo De Alarcón, Madrid, Spain, Europe | https://es.mathworks.com/ |
| GSE Systems Inc | View profile | 257 | 6940 Columbia Gateway Drive, Suite 470, Columbia, MD, United States, 21046 | https://www.gses.com |
| Autodesk Inc | View profile | 13700 | One Market Street, Suite 400, San Francisco, CA, United States, 94105 | https://www.autodesk.com |
| Ansys Inc | View profile | 6200 | 2600 ANSYS Drive, Canonsburg, PA, United States, 15317 | https://www.ansys.com |
| Bentley Systems Inc Ordinary Shares - Class B | View profile | 5200 | 685 Stockton Drive, Exton, PA, United States, 19341 | https://www.bentley.com |
| Simulations Plus Inc | View profile | 197 | 42505 Tenth Street West, Lancaster, CA, United States, 93534-7059 | https://www.simulations-plus.com |
| Dassault Systemes SE | View profile | 23811 | 10, Rue Marcel Dassault, Velizy-Villacoublay, France, 78140 | https://www.3ds.com |
| Altair Engineering Inc Class A | View profile | 3200 | 1820 East Big Beaver Road, Troy, MI, United States, 48083 | https://www.altair.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
Global 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 simulation software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 69.49% in 2024. Horizon Databook has segmented the Global simulation software market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Market Dynamics
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Our clientele includes a mix of simulation 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 simulation software market , including forecasts for subscribers. This global databook contains high-level insights into Global simulation software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global simulation software market size, by regions, 2018-2030 (US$M)
Top 10 countries: Simulation software market size, 2024 (US$M)
Global simulation software market share, by component, 2024 & 2030 (%, US$M)
Simulation software market: Opportunity assessment by country
Global simulation software market, by region, 2024 (US$M)
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