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Simulation Software Market Share

Report ID: GMI8940
Published Date: Apr 2024
Report Format: PDF

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Simulation Software Market Share

Ansys and Dassault Systemes are leading the simulation software industry holding over 27% market share. Ansys has expertise in providing a comprehensive suite of simulation solutions tailored to diverse industries, offering advanced capabilities for finite element analysis, computational fluid dynamics, and electromagnetic simulations.

Dassault Systèmes, is renowned for its CATIA and SIMULIA brands, offers integrated simulation and design solutions empowering product innovation and optimization. These companies maintain their leadership through continuous innovation, strategic partnerships, and customer-centric approaches, catering to the evolving needs of industries such as aerospace, automotive, and manufacturing, thus solidifying their positions as leaders in the market.

Simulation Software Market Companies

Major players operating in the market are:

Altair Engineering, Inc.
Ansys
Autodesk, Inc.
Dassault Systemes
Bentley Systems, Incorporated
Siemens
Honeywell
Keysight
Aspen Technology, Inc.
Simscale GmbH
Synopsys, Inc.
Rescale, Inc.
Numeca International
Mathworks Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The simulation software market was valued at USD 13.1 billion in 2023 and is set to grow at 12% CAGR between 2024 and 2032, driven by the increasing adoption of virtual prototyping.

The on-premises deployment model segment in the simulation software market accounted for 55.3% share in 2023 and is set to grow rapidly by 2032, owing to high computational power and low-latency requirements.

North America industry held a over 33% revenue share in 2023 and is set to expand rapidly by 2032, owing to the presence of a robust technology ecosystem.

Altair Engineering, Inc., Ansys, Autodesk, Inc., Dassault Systemes, Bentley Systems, Incorporated, Siemens, Honeywell, Keysight , Aspen Technology, Inc., Simscale GmbH, Synopsys, Inc., Rescale, Inc., Numeca International among others.