Major players operating in the engineering software market are
ANSYS, Inc.
Autodesk, Inc.
Dassault Systèmes, Inc.
Siemens
PTC
Hexagon AB
Synopsys
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The engineering software industry value was USD 28.9 billion in 2022 and is projected to register over 18% CAGR between 2023 and 2032.
The software segment accounted for around USD 23.5 billion in market revenue in 2022 and is expected to grow substantially through 2032 owing to the constant improvements and innovations in manufacturing software.
North America engineering software market held a major share of over 30% in 2022 and will grow through 2032 owing to the acquisitions by companies aimed at portfolio enhancement in the U.S.