UK Simulation Software Market Size & Outlook, 2023-2030
UK simulation software market, 2017-2030 (US$M)
Related Markets
UK simulation software market highlights
- The UK simulation software market generated a revenue of USD 1,458.1 million in 2023 and is expected to reach USD 3,630.7 million by 2030.
- The UK market is expected to grow at a CAGR of 13.9% 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 2023 | USD 1,458.1 million |
| Market revenue in 2030 | USD 3,630.7 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Altair 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, UK accounted for 7.0% 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 Europe, Germany simulation software market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,630.7 million by 2030.
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Simulation Software Market Scope
Simulation Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 67.81% in 2023. Horizon Databook has segmented the UK simulation software market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- UK Simulation Software Component Outlook (Revenue, USD Million, 2017-2030)
- Software
- Services
- Simulation Development Services
- Training and Support & Maintenance
- UK Simulation Software Deployment Outlook (Revenue, USD Million, 2017-2030)
- On-premises
- Cloud-based
- UK 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
- UK 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 UK simulation software market databook
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Our clientele includes a mix of simulation software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK simulation software market , including forecasts for subscribers. This country databook contains high-level insights into UK simulation software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK simulation software market size, by component, 2017-2030 (US$M)
UK Simulation Software Market Outlook Share, 2023 & 2030 (US$M)
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