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Virtual Prototype Global Market Report 2024

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    Report

  • 175 Pages
  • July 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980296
The virtual prototype market size has grown exponentially in recent years. It will grow from $0.64 billion in 2023 to $0.79 billion in 2024 at a compound annual growth rate (CAGR) of 23.4%. The growth observed in the historical period can be attributed to several factors, including the escalating demand for product simulation, the rising expenses associated with physical prototypes, the necessity for accelerated time-to-market, concerns regarding environmental impact, and the pressures stemming from regulatory requirements.

The virtual prototype market size is expected to see exponential growth in the next few years. It will grow to $1.83 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing prevalence of remote work culture, the growing demand for digital twins, a heightened emphasis on sustainability practices, a greater focus on cybersecurity measures, and the widespread adoption of smart manufacturing technologies. Major trends expected in the forecast period encompass the rise of digital twin technology, an increased utilization of virtual reality (VR) and augmented reality (AR) in prototyping processes, the integration of predictive analytics in virtual prototyping workflows, the emergence of collaborative virtual prototyping platforms, and the adoption of blockchain technology for secure data sharing in virtual prototyping environments.

The increasing adoption of consumer electronics is poised to propel the virtual prototype market forward. Consumer electronics encompass electronic devices designed for everyday use, serving entertainment, communication, or productivity purposes. The surge in adoption of consumer electronics is attributed to factors such as improved affordability, evolving consumer lifestyles, and escalating demand for interconnected devices. Virtual prototypes play a crucial role in the consumer electronics industry by enabling rapid and cost-effective testing and refinement of product designs prior to physical manufacturing. For instance, data from the Consumer Technology Association (CTA) in January 2022 projects that the U.S. consumer technology industry will generate over $505 billion in retail sales revenue, indicating a 2.8% increase from the remarkable 9.6% growth observed in 2021 over 2020. Consequently, the rising adoption of consumer electronics is driving the virtual prototype market.

Prominent players in the virtual prototype market leverage advanced simulation and virtualization technologies, particularly in domains such as automotive chips, to streamline product development processes and cater to the evolving demands of the automotive sector. Virtual prototypes of automotive chips are digital simulations representing physical chips powering various automotive systems. For example, Arm Holdings Ltd., a UK-based semiconductor and software design company, unveiled the Arm Automotive Enhanced range in March 2024, based on Armv9 architecture, targeting the automotive industry with server-class performance for vehicle AI applications. These new AE processors address the escalating demand for AI-driven capabilities, enhanced performance, and functional safety in modern software-defined vehicles (SDVs). Arm also provides virtual prototypes of these new AE processors, enabling automotive partners to commence software development even before physical silicon availability, thereby accelerating time-to-market by up to 2 years. Additionally, the company offers virtual prototypes of the latest chips, allowing developers to initiate application development much earlier, circumventing the traditional linear chip design cycle where physical chips arrive one to two years after IP delivery.

In August 2023, Synopsys Inc., a leading provider of electronic design automation (EDA) software and associated services, strategically acquired PikeTec GmbH for an undisclosed sum. This acquisition strengthens Synopsys' position in the virtual prototype market, offering comprehensive testing and verification solutions tailored to the growing complexity of software-defined vehicles in the automotive industry. PikeTec GmbH, headquartered in Germany, specializes in automotive-focused virtual prototyping and test automation tools for software testing, thus complementing Synopsys' strategic objectives for expansion and innovation in the automotive domain.

Major companies operating in the virtual prototype market are Siemens AG, Qualcomm Technologies Inc., NVIDIA Corporation, Rockwell Automation, Dassault Systèmes SE, Hexagon AB, Keysight Technologies, Synopsys Inc., Autodesk Inc., Cadence Design Systems Inc., Arm Holdings, ANSYS Inc., PTC, National Instruments Corp., The MathWorks Inc., Mentor Graphics Corporation, Altair Engineering Inc., Aspen Technology Inc, Zuken, TWI Ltd., Imagination Technologies, Corel Corporation, ESI Group, Imperas Software Ltd., Magillem Design Services, Carbon Design Systems Inc.

North America was the largest region in the virtual prototype market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual prototype market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the virtual prototype market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A virtual prototype serves as a digital rendition of a physical product or system, utilized for pre-production testing and validation purposes. Its primary function is to streamline design processes, minimize expenses, and expedite development timelines through comprehensive testing and simulation within a virtual environment.

The essential components of a virtual prototype encompass both software and hardware. Software comprises programs and applications running on computers, facilitating the design and simulation of virtual prototypes. These tools encompass computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), computational fluid dynamics (CFD), and finite element analysis (FEA). They find application across various domains such as product design and development, testing and validation, training, and education. End-users of virtual prototypes span a multitude of industries, including automotive, aerospace, petroleum, chemical, government or military, healthcare, telecommunications, electronics, and entertainment.

The virtual prototype market research report is one of a series of new reports that provides virtual prototype market statistics, including virtual prototype industry global market size, regional shares, competitors with a virtual prototype market share, detailed virtual prototype market segments, market trends and opportunities, and any further data you may need to thrive in the virtual prototype industry. This virtual prototype market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The virtual prototype market consists of revenues earned by entities by providing services such as consulting and advisory services, development and integration services, simulation and testing services, optimization and performance tuning services, and training and education. The market value includes the value of related goods sold by the service provider or included within the service offering. The virtual prototype market also includes sales of products such as virtual reality (VR) headsets and simulators, augmented reality (AR) glasses and devices, visualization tools and platforms, and hardware-in-the-loop (HIL) testing systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Virtual Prototype Market Characteristics3. Virtual Prototype Market Trends and Strategies
4. Virtual Prototype Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Virtual Prototype Market Size and Growth
5.1. Global Virtual Prototype Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Virtual Prototype Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Virtual Prototype Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Virtual Prototype Market Segmentation
6.1. Global Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Software
  • Hardware
6.2. Global Virtual Prototype Market, Segmentation by Tool, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Computer Aided Design (CAD)
  • Computer-Aided Engineering (CAE)
  • Computer Aided Manufacturing (CAM)
  • Computational Fluid Dynamics (CFD)
  • Finite Element Analysis (FEA)
6.3. Global Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Product Design and Development
  • Testing and Validation
  • Training and Education
6.4. Global Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive
  • Aerospace
  • Petroleum
  • Chemical
  • Government Or Military
  • Healthcare
  • Telecommunications
  • Electronics
  • Entertainment
7. Virtual Prototype Market Regional and Country Analysis
7.1. Global Virtual Prototype Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Virtual Prototype Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Virtual Prototype Market
8.1. Asia-Pacific Virtual Prototype Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Virtual Prototype Market
9.1. China Virtual Prototype Market Overview
9.2. China Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Virtual Prototype Market
10.1. India Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Virtual Prototype Market
11.1. Japan Virtual Prototype Market Overview
11.2. Japan Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Virtual Prototype Market
12.1. Australia Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Virtual Prototype Market
13.1. Indonesia Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Virtual Prototype Market
14.1. South Korea Virtual Prototype Market Overview
14.2. South Korea Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Virtual Prototype Market
15.1. Western Europe Virtual Prototype Market Overview
15.2. Western Europe Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Virtual Prototype Market
16.1. UK Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Virtual Prototype Market
17.1. Germany Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Virtual Prototype Market
18.1. France Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Virtual Prototype Market
19.1. Italy Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Virtual Prototype Market
20.1. Spain Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Virtual Prototype Market
21.1. Eastern Europe Virtual Prototype Market Overview
21.2. Eastern Europe Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Virtual Prototype Market
22.1. Russia Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Virtual Prototype Market
23.1. North America Virtual Prototype Market Overview
23.2. North America Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Virtual Prototype Market
24.1. USA Virtual Prototype Market Overview
24.2. USA Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Virtual Prototype Market
25.1. Canada Virtual Prototype Market Overview
25.2. Canada Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Virtual Prototype Market
26.1. South America Virtual Prototype Market Overview
26.2. South America Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Virtual Prototype Market
27.1. Brazil Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Virtual Prototype Market
28.1. Middle East Virtual Prototype Market Overview
28.2. Middle East Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Virtual Prototype Market
29.1. Africa Virtual Prototype Market Overview
29.2. Africa Virtual Prototype Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Virtual Prototype Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Virtual Prototype Market, Segmentation by End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Virtual Prototype Market Competitive Landscape and Company Profiles
30.1. Virtual Prototype Market Competitive Landscape
30.2. Virtual Prototype Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Qualcomm Technologies Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. NVIDIA Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Rockwell Automation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Dassault Systèmes SE
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Virtual Prototype Market Other Major and Innovative Companies
31.1. Hexagon AB
31.2. Keysight Technologies
31.3. Synopsys Inc.
31.4. Autodesk Inc.
31.5. Cadence Design Systems Inc.
31.6. Arm Holdings
31.7. ANSYS Inc.
31.8. PTC
31.9. National Instruments Corp.
31.10. the MathWorks Inc.
31.11. Mentor Graphics Corporation
31.12. Altair Engineering Inc.
31.13. Aspen Technology Inc
31.14. Zuken
31.15. TWI Ltd.
32. Global Virtual Prototype Market Competitive Benchmarking33. Global Virtual Prototype Market Competitive Dashboard34. Key Mergers and Acquisitions in the Virtual Prototype Market
35. Virtual Prototype Market Future Outlook and Potential Analysis
35.1 Virtual Prototype Market in 2028 - Countries Offering Most New Opportunities
35.2 Virtual Prototype Market in 2028 - Segments Offering Most New Opportunities
35.3 Virtual Prototype Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Virtual Prototype Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on virtual prototype market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for virtual prototype ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The virtual prototype market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Component: Software; Hardware
2) by Tool: Computer Aided Design (CAD); Computer-Aided Engineering (CAE); Computer Aided Manufacturing (CAM); Computational Fluid Dynamics (CFD); Finite Element Analysis (FEA)
3) by Application: Product Design and Development; Testing and Validation; Training and Education
4) by End User Industry: Automotive; Aerospace; Petroleum; Chemical; Government Or Military; Healthcare; Telecommunications; Electronics; Entertainment

Key Companies Mentioned: Siemens AG; Qualcomm Technologies Inc.; NVIDIA Corporation; Rockwell Automation; Dassault Systèmes SE

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Siemens AG
  • Qualcomm Technologies Inc.
  • NVIDIA Corporation
  • Rockwell Automation
  • Dassault Systèmes SE
  • Hexagon AB
  • Keysight Technologies
  • Synopsys Inc.
  • Autodesk Inc.
  • Cadence Design Systems Inc.
  • Arm Holdings
  • ANSYS Inc.
  • PTC
  • National Instruments Corp.
  • The MathWorks Inc.
  • Mentor Graphics Corporation
  • Altair Engineering Inc.
  • Aspen Technology Inc
  • Zuken
  • TWI Ltd.
  • Imagination Technologies
  • Corel Corporation
  • ESI Group
  • Imperas Software Ltd.
  • Magillem Design Services
  • Carbon Design Systems Inc.

Table Information