Engineering Software Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Engineering Software Market is expected to be around US$ 64 billion by 2027 and will grow at a CAGR of more than 12% in the given forecast period 2021-2027.

Engineering software is a bundle of software or applications that engineers and engineers use to advance industries to learn a variety of tools. The software is used in various industrial solutions in various engineering fields such as civil, mechanical, electrical and electronic, computer science, chemical, food and agricultural, manufacturing engineering, etc. Different types of software are used in different fields of engineering.

Market Segmentation

By Software Type Analysis

• Computer-Aided Designing (CAD) Software
• Computer-Aided Manufacturing (CAM) Software
• Computer-Aided Engineering (CAE) Software
• Architecture, Engineering and Construction (AEC) Software
• Electronic Design Automation (EDA) Software

By Application Analysis

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

Key Players

Key players in the global engineering software market include MSC Software Corporation, Ansys, Inc., PTC, Inc., SAP SE, Siemens PLM Software, Inc., IBM Corporation, and Autodesk, Inc.


Scope of the Report

The research study analyzes the global Engineering Software industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Engineering Software Market Report

1. What was the Engineering Software Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Engineering Software Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Engineering Software Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.