Global Model-Based Enterprise Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global model-based enterprise (MBE) market is expected to grow at a CAGR of 18.0% during the forecast period (2022-2028). The major driving factors propelling the market growth include the wide-ranging applications of digital technologies in design and manufacturing and evolving software capabilities. Software ecosystems, as well as MBE capabilities and interoperability, are rapidly evolving at the moment. For instance, cloud-based product life cycle management (PLM) solutions are becoming increasingly popular among businesses around the world. Cloud-based implementation models, such as MBE, can reduce costs by removing the need for infrastructure investments while also increasing scalability and accessibility to data, processes, and functions. PLM solutions are available from some major players, including Dassault Systèmes, Siemens, and PTC.

Engineering release, supply chain collaboration, quality inspection planning and execution, manufacturing process planning and execution, and product service operations are all supported by a cloud application framework. MBE solutions are built to work with a cloud-based framework to simplify data integration for 3D model development, ensuring flexibility, security, and scalability throughout the process. PTC, Dassault, HCL, and Siemens are some key companies that offer cloud-based services to MBEs to support them improve their business models and compete in the market. Owing to the presence of key players such as PTC, GE, Autodesk, and Aras in the region, North America is expected to continue to account for the largest share in the global model-based enterprise market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Offering
  • By Deployment Type
  • By Industry
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Siemens AG, General Electric Co. (GE), and PTC, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Model-Based Enterprise Market Report by Segment

By Offering

• Solutions
• Services

By Deployment Type

• On-Premise
• Cloud

By Industry

• Aerospace and Defense
• Automotive
• Construction
• Retail
• Power and Energy
• Food and Beverages