Simulation Software Market Size, Share & Trends Analysis Report By Component (Software, Service), By Deployment (On-premise, Cloud), By End Use, By Region, And Segment Forecasts, 2019 - 2025

Published: Sep, 2019 | Pages: 70 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global simulation software market size is expected to reach USD 21.33 billion by 2025, registering a CAGR of 16.98% over the forecast period, according to a new study by Grand View Research, Inc. Simulation software is being used for training personnel. It is replacing the traditional real-time training techniques, which incurred huge investments annually for companies. The use of simulation for training purposes helps reduce training costs as companies need to make a one-time investment for software implementation.

The software also helps enterprises minimize the production cost by enhancing the product development process. The need for developing prototypes and the chances of product failure are considerably reduced through the use of simulators, as the product is virtually tested for all possible glitches before the commencement of production. Furthermore, simulation-based tools help product developers reduce the time spent on research & development processes as it enables them to obtain a realistic view of a product or process under study or review.

Organizations across the globe are increasingly implementing simulation software & analyzing tools to enhance the entire product development cycle, reduce time to production, ensure delivery of high-quality products in minimal time, and reduce the overall cost to the company with respect to research & development. Simulation software requires skilled workforce or personnel with the required knowledge and understanding. This is leading to several manufacturers being reluctant to adopt this technology as the need for a skilled workforce incurs additional cost to a company.

Further key findings from the study suggest:

• The simulation software market growth is being driven by reduced training costs for personnel in various industries & sectors such as automotive, defense, healthcare, and electrical.

• The service segment is expected to register a CAGR of more than 17% owing to the growing demand for customized simulation solutions such as design & consulting

• The cloud segment is expected to register the highest CAGR of approximately 18% over the forecast period owing to benefits such as reduced cost of implementation and ease of implementation

• The automotive segment dominated the market in 2018 and is expected to hold a major share by 2025 owing to the early adoption of virtual testing tools in the automotive industry

• North America is expected to account for the highest share, followed by Asia Pacific, by 2025 owing to the growing investments in R&D and defense in countries such as the U.S.

• The key players in the market include Altair Engineering, Inc.; Autodesk Inc.; ANSYS, Inc.; and Dassault Systemes.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research Methodology
                  1.2. Research Scope and Assumptions
                  1.3. List of Data Sources
Chapter 2. Executive Summary
                  2.1. Simulation Software Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
Chapter 3. Simulation Software Industry Outlook
                  3.1. Market Segmentation and Scope
                  3.2. Market Size and Growth Prospects, 2014 - 2025
                  3.3. Value Chain Analysis
                  3.4. Market Dynamics
                      3.4.1. Market driver analysis
                      3.4.2. Market restraint/challenge analysis
                      3.4.3. Market opprtunity analysis
                  3.5. Penetration and Growth Prospect Mapping
                  3.6. Company Market Share Analysis, (2018)
                  3.7. Industry Analysis - Porter's Five Forces Analysis
                  3.8. PEST Analysis
Chapter 4. Simulation Software Market: Component Outlook
                  4.1. Simulation Software Market Share by Component, 2018 & 2025 (USD Million)
                  4.2. Software
                      4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      4.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                  4.3. Service
                      4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      4.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 5. Simulation Software Market: Deployment Outlook
                  5.1. Simulation Software Market Share by Deployment, 2018 & 2025 (USD Million)
                  5.2. On-premise
                      5.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      5.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Million)
                  5.3. Cloud
                      5.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      5.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 6. Simulation Software Market: End Use Outlook
                  6.1. Simulation Software Market Share by End Use, 2018 & 2025 (USD Million)
                  6.2. Automotive
                      6.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.2.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                  6.3. Aerospace & Defense
                      6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                  6.4. Electrical & Electronics
                      6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.4.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                  6.5. Industrial Manufacturing
                      6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.5.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                  6.6. Healthcare
                      6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.6.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
                  6.7. Others
                      6.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      6.7.2. Market estimates and forecast by region, 2014 - 2025 (USD Million)
Chapter 7. Simulation Software Market: Regional Outlook
                  7.1. Simulation Software Market Share by Region, 2018 & 2025 (USD Million)
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                      7.2.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.2.5. U.S.
                          7.2.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.2.5.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.2.5.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.2.5.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.2.6. Canada
                          7.2.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.2.6.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.2.6.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.2.6.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                      7.3.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.3.5. U.K.
                          7.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.3.5.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.3.6. Germany
                          7.3.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.3.6.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.3.6.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.3.6.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.3.7. France
                          7.3.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.3.7.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.3.7.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.3.7.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                      7.4.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.4.5. China
                          7.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.4.5.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.4.6. India
                          7.4.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.4.6.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.4.6.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.4.6.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.4.7. Japan
                          7.4.7.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.4.7.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.4.7.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.4.7.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                  7.5. Latin America
                      7.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                      7.5.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.5.5. Brazil
                          7.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.5.5.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.5.5.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.5.5.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                      7.5.6. Mexico
                          7.5.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                          7.5.6.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                          7.5.6.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                          7.5.6.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast by component, 2014 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast by deployment, 2014 - 2025 (USD Million)
                      7.6.4. Market estimates and forecast by end use, 2014 - 2025 (USD Million)
Chapter 8. Competitive Landscape
                  8.1. Altair Engineering, Inc.
                      8.1.1. Company overview
                      8.1.2. Financial Performance
                      8.1.3. Product benchmarking
                      8.1.4. Recent developments
                  8.2. Autodesk Inc.
                      8.2.1. Company overview
                      8.2.2. Financial Performance
                      8.2.3. Product benchmarking
                      8.2.4. Recent developments
                  8.3. BENTLEY SYSTEMS, INCORPORATED
                      8.3.1. Company overview
                      8.3.2. Financial Performance
                      8.3.3. Product benchmarking
                      8.3.4. Recent developments
                  8.4. ANSYS, Inc.
                      8.4.1. Company overview
                      8.4.2. Financial Performance
                      8.4.3. Product benchmarking
                      8.4.4. Recent developments
                  8.5. ESI Group
                      8.5.1. Company overview
                      8.5.2. Financial performance
                      8.5.3. Product benchmarking
                      8.5.4. Recent developments
                  8.6. PTC
                      8.6.1. Company overview
                      8.6.2. Financial Performance
                      8.6.3. Product benchmarking
                      8.6.4. Recent developments
                  8.7. Dassault Systèmes
                      8.7.1. Company overview
                      8.7.2. Financial Performance
                      8.7.3. Product benchmarking
                      8.7.4. Recent developments
                  8.8. Simulations Plus
                      8.8.1. Company overview
                      8.8.2. Financial Performance
                      8.8.3. Product benchmarking
                      8.8.4. Recent developments
                  8.9. GSE Systems
                      8.9.1. Company overview
                      8.9.2. Financial Performance
                      8.9.3. Product benchmarking
                      8.9.4. Recent developments
                  8.10. Siemens Product Lifecycle Management Software Inc.
                      8.10.1. Company overview
                      8.10.2. Financial Performance
                      8.10.3. Product benchmarking
                      8.10.4. Recent developments

List of Tables

TABLE 1 List of abbreviations
TABLE 2 Simulation software market - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 3 Simulation software market, 2014 - 2025 (USD Million)
TABLE 4 Simulation software market, by region, 2014 - 2025 (USD Million)
TABLE 5 Simulation software market, by component, 2014 - 2025, (USD Million)
TABLE 6 Simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 7 Simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 8 Simulation software market, by software, 2014 - 2025 (USD Million)
TABLE 9 Software market by region, 2014 - 2025 (USD Million)
TABLE 10 Simulation software market by service, 2014 - 2025 (USD Million)
TABLE 11 Service market, by region, 2014 - 2025 (USD Million)
TABLE 12 Simulation software market, by on-premise, 2014 - 2025 (USD Million)
TABLE 13 On-premise market, by region, 2014 - 2025 (USD Million)
TABLE 14 Simulation software market, by cloud, 2014 - 2025 (USD Million)
TABLE 15 Cloud market, by region, 2014 - 2025 (USD Million)
TABLE 16 Simulation software market, by automotive, 2014 - 2025 (USD Million)
TABLE 17 Automotive market, by region, 2014 - 2025 (USD Million)
TABLE 18 Simulation software market, by aerospace & defense, 2014 - 2025 (USD Million)
TABLE 19 Aerospace & defense market, by region, 2014 - 2025 (USD Million)
TABLE 20 Simulation software market, by electrical & eletronics, 2014 - 2025 (USD Million)
TABLE 21 Electrical & eletronics market, by region, 2014 - 2025 (USD Million)
TABLE 22 Simulation software market, by industrial manufacturing, 2014 - 2025 (USD Million)
TABLE 23 Industrial manufacturing market, by region, 2014 - 2025 (USD Million)
TABLE 24 Simulation software market, by healthcare, 2014 - 2025 (USD Million)
TABLE 25 Healthcare market, by region, 2014 - 2025 (USD Million)
TABLE 26 Simulation software market, by others, 2014 - 2025 (USD Million)
TABLE 27 Others market, by region, 2014 - 2025 (USD Million)
TABLE 28 North America simulation software market, 2014- 2025 (USD Million)
TABLE 29 North America simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 30 North America simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 31 North America simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 32 U.S.simulation software market, 2014 - 2025 (USD Million)
TABLE 33 U.S. simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 34 U.S. simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 35 U.S. simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 36 Canada simulation software market, 2014 - 2025 (USD Million)
TABLE 37 Canada simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 38 Canada simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 39 Canada simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 40 Europe simulation software market, 2014 - 2025 (USD Million)
TABLE 41 Europe simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 42 Europe simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 42 Europe simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 43 U.K. simulation software market, 2014 - 2025 (USD Million)
TABLE 44 U.K. simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 45 U.K. simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 46 U.K. simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 48 Germany simulation software market, 2014 - 2025 (USD Million)
TABLE 49 Germany simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 50 Germany simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 51 Germany simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 52 France simulation software market, 2014 - 2025 (USD Million)
TABLE 53 France simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 54 France simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 55 France simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 56 Asia Pacific simulation software market, 2014 - 2025 (USD Million)
TABLE 57 Asia Pacific simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 58 Asia Pacific simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 59 Asia Pacific simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 60 China simulation software market, 2014 - 2025 (USD Million)
TABLE 61 China simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 62 China simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 63 China simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 64 India simulation software market, 2014 - 2025 (USD Million)
TABLE 65 India simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 66 India simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 67 India simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 68 Japan simulation software market, 2014 - 2025 (USD Million)
TABLE 69 Japan simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 70 Japan simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 71 Japan simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 72 Latin America simulation software market, 2014 - 2025 (USD Million)
TABLE 73 Latin America simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 74 Latin America simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 75 Latin America simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 76 Brazil simulation software market, 2014 - 2025 (USD Million)
TABLE 77 Brazil simulation software market by component, 2014 - 2025 (USD Million)
TABLE 78 Brazil simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 79 Brazil simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 80 Mexico simulation software market, 2014 - 2025 (USD Million)
TABLE 81 Mexico simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 82 Mexico simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 83 Mexico simulation software market, by end use, 2014 - 2025 (USD Million)
TABLE 84 MEA simulation software market, 2014 - 2025 (USD Million)
TABLE 85 MEA simulation software market, by component, 2014 - 2025 (USD Million)
TABLE 86 MEA simulation software market, by deployment, 2014 - 2025 (USD Million)
TABLE 87 MEA simulation software market, by end use, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Simulation software market, 2018 (USD Million)
FIG. 2 Simulation software market segmentation
FIG. 3 Simulation software market, 2014 - 2025 (USD Million)
FIG. 4 Value chain analysis
FIG. 5 Simulation software market driver impact
FIG. 6 Simulation software market challenge impact
FIG. 7 Simulation software market penetration and growth prospects mapping
FIG. 8 Simulation software market company market share analysis
FIG. 9 Simulation software market - PESTanalysis
FIG. 10 Simulation software market - Porter's five forces analysis
FIG. 11 Simulation software market, by component, 2018 & 2025 (USD Million)
FIG. 12 Simulation software market, by deployment, 2018 & 2025 (USD Million)
FIG. 13 Simulation software market, by end use, 2018 & 2025 (USD Million)
FIG. 14 Simulation software market, by region, 2018 & 2025 (USD Million)