North America Virtual Prototype Market Size & Outlook
The virtual prototype market in North America is expected to reach a projected revenue of US$ 521.4 million by 2030. A compound annual growth rate of 14.6% is expected of North America virtual prototype market from 2024 to 2030.
Revenue, 2023 (US$M)
$200.2
Forecast, 2030 (US$M)
$521.4
CAGR, 2024 - 2030
14.7%
Report Coverage
North America
North America virtual prototype market, 2018-2030 (US$M)
North America virtual prototype market highlights
- The North America virtual prototype market generated a revenue of USD 200.2 million in 2023.
- The market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, computer aided design cad was the largest revenue generating tool in 2023.
- Computer aided Design CAD is the most lucrative tool segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 200.2 million |
| Market revenue in 2030 | USD 521.4 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Computer aided design cad |
| Fastest growing segment | Computer aided Design CAD |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computer aided Design CAD |
| Key market players worldwide | Synopsys Inc, Autodesk Inc, Carbon Design Systems, ESI Group, Cadence Design Systems Inc, Siemens AG, PTC, Corel Corporation, Bentley Systems Inc Ordinary Shares - Class B, Dassault Systemes SE |
Other key industry trends
- In terms of revenue, North America region accounted for 33.5% of the global virtual prototype 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 507.8 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
Virtual Prototype Market Scope
Virtual prototype market segmentation & scope
Computer aided Design CAD
Computer aided Engineering CAE
Computer aided Manufacturing CAM
Computational Fluid Dynamic CFD
Finite Element Analysis FEA
Deployment
On-premise
Cloud
Vertical
Aerospace
Automotive
Healthcare
Consumer Electronics
Telecom
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Brazil
China
India
Japan
South Korea
Virtual Prototype Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America virtual prototype market
Related industry reports
Related regional statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
