Wednesday, March 6, 2019

Simulation Software Market Ongoing Trends and Recent Developments

The increased need for Eco-friendly environments across the world and the growing number of Small and Medium-Sized Enterprises (SMEs) are expected to drive the growth of the market. The objective of the report is to define, describe, and forecast the size of the market on the basis of components (software and services), applications (eLearning and training, and R&D), deployment modes, verticals, and regions. The report also aims at providing detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).



The market includes various simulation and analysis vendors, such as Altair Engineering (US), Bentley Systems (US), ANSYS (US), PTC (US), Siemens PLM Software (US), Autodesk (US), CPFD Software (US), Cybernet Systems (US), Dassault System's (France), Design Simulation Technologies (US), Synopsys (US), and MathWorks (US).

The Target Audience For Simulation Software 

  • Government agencies
  • Simulation and analysis solutions/service vendors
  • Application developers
  • System integrators
  • Application end-users
The major vendors that offer simulation and analysis solutions across the globe include Altair Engineering (US), Bentley Systems (US), ANSYS (US), PTC (US), Siemens PLM Software (US), Autodesk (US), CPFD Software (US), Cybernet Systems (US), Dassault System's (France), Design Simulation Technologies (US), Synopsys (US), and MathWorks (US). These vendors have adopted different types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the simulation software market.

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