Mexico Simulation Software Market Size & Outlook

The simulation software market in Mexico is expected to reach a projected revenue of US$ 903.9 million by 2030. A compound annual growth rate of 9.7% is expected of Mexico simulation software market from 2024 to 2030.
Revenue, 2023 (US$M)
$473.2
Forecast, 2030 (US$M)
$903.9
CAGR, 2024 - 2030
9.7%
Report Coverage
Mexico

Mexico simulation software market highlights

  • The Mexico simulation software market generated a revenue of USD 473.2 million in 2023 and is expected to reach USD 903.9 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.

Simulation software market data book summary

Market revenue in 2023USD 473.2 million
Market revenue in 2030USD 903.9 million
Growth rate9.7% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideAltair Engineering Inc Class A, Autodesk Inc, Ansys Inc, Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE, Rockwell Automation Inc, Simulations Plus Inc, Keysight Technologies Inc, GSE Systems Inc, The MathWorks Inc.

Other key industry trends

  • In terms of revenue, Mexico accounted for 2.3% of the global simulation software market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil simulation software market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 903.9 million by 2030.

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Simulation Software Market Scope

Simulation software market segmentation & scope
Software
Simulation Development Services
Training and Support & Maintenance
On-premises
Cloud-based
Engineering, Research, Modeling & Simulated Testing
High Fidelity Experiential 3D Training
Gaming and Immersive Experiences
Manufacturing Process Optimization
AI Training & Autonomous Systems
Planning and Logistics Management & Transportation
Cyber Simulation
Automotive
Aerospace & Defense
Oil & Gas
Mining
Energy & Utilities
Others
Electronics and Semiconductor
Transportation & Logistics
Healthcare
Others

Simulation Software Market Companies

Name Profile # Employees HQ Website

Mexico 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 71.24% in 2023. Horizon Databook has segmented the Mexico simulation software market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Mexico Simulation Software Component Outlook (Revenue, USD Million, 2017-2030)
    • Software
    • Services
      • Simulation Development Services
      • Training and Support & Maintenance
  • Mexico Simulation Software Deployment Outlook (Revenue, USD Million, 2017-2030)
    • On-premises
    • Cloud-based
  • Mexico Simulation Software Application Outlook (Revenue, USD Million, 2017-2030)
    • Engineering, Research, Modeling & Simulated Testing
    • High Fidelity Experiential 3D Training
    • Gaming and Immersive Experiences
    • Manufacturing Process Optimization
    • AI Training & Autonomous Systems
    • Planning and Logistics Management & Transportation
    • Cyber Simulation
  • Mexico Simulation Software End Use Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Aerospace & Defense
    • Industrial
      • Oil & Gas
      • Mining
      • Energy & Utilities
      • Others
    • Electronics and Semiconductor
    • Transportation & Logistics
    • Healthcare
    • Others

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Target buyers of Mexico simulation software market databook

  • Our clientele includes a mix of simulation 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 Mexico simulation software market , including forecasts for subscribers. This country databook contains high-level insights into Mexico simulation software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico simulation software market size, by component, 2017-2030 (US$M)

Mexico Simulation Software Market Outlook Share, 2023 & 2030 (US$M)

Mexico simulation software market size, by component, 2017-2030 (US$M)

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