Rising development in construction and infrastructural development projects globally will raise enterprise software Market by 2025 with a CAGR of 7.17%.

by Sameer Joshi or 01-Dec-2017

The “Engineering Software to 2025 by Software Type (CAD, CAM, CAE, AEC, EDA); and Application (Plant Design, Design Automation, Drafting & 3D Modeling, Product Design & Testing and Others) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of Engineering Software market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Engineering Software players in the market and their key developments.

Engineering Software Market to 2025 – Global Analysis and Forecast by software type, and application, engineering software market is expected to grow US$ 44.54 Bn by 2025 from US$ 24.35 Bn in 2016. The developing economies worldwide such as such as Ethiopia, India, China, Brazil, Uzbekistan, Cambodia, Tanzania and Myanmar among others are experiencing a high growth in its construction sector. This has resulted in development of new households and other commercial construction. With the construction sector growing, the demand for engineering software will increase.

Some of the remarkable partnership and collaboration in this industry includes the exclusive partnership between KBC Advance Technologies and EQUIPSYS, for integration of their Petro-SIZE® process design modules with KBC’s market-leading process simulator Petro-SIMTM. This partnership is expected to significantly enhance the Petro-SIM engineering environment for a universal approach to equipment sizing and rating in process design and troubleshooting across the upstream oil and gas, oil refining and petrochemicals industries.

The global engineering software market by geography is segmented into six region including North America, Europe, Asia Pacific, Middle East & Africa and South America. Europe is one of the prominent regions in engineering software market which will contribute highest revenue globally due to technological developments and considerable application of engineering software in different end-user segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth manufacturing sector will pave the path for increasing adoption and propel the market for engineering software market. The report profiles key players such Autodesk, Inc., Dassault Systemes, Aveva Group Plc, Siemens AG, Synopsys, Nemetschek Vectorworks, Inc. Integraph Corporation (Hexagon AB) among others.

The report segments the global Engineering Software market as follows:

Global Engineering Software Market – By Software

Computer-aided Designing (CAD)
Computer-aided Manufacturing (CAM)
Computer-aided Engineering (CAE)
Architecture, Engineering & Construction (AEC)
Electronic Design Automation (EDA)

Global Engineering Software Market – By Application

Plant Design
Design Automation
Drafting & 3D Modeling
Product Design & Testing

Global Engineering Software Market – By Geography

North America

Rest of Europe

Asia Pacific (APAC)
Rest of APAC

Middle East & Africa (MEA)
Saudi Arabia
South Africa
Rest of MEA

South America (SA)
Rest of SA