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Research and Markets: Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022

[June 03, 2015]

Research and Markets: Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022

Research and Markets (http://www.researchandmarkets.com/research/hz3sbl/engineering) has announced the addition of the "Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" report to their offering.

The global engineering software market was valued at US$ 19.98 billion in 2014 and is forecast to grow at a CAGR of 12.4% from 2015 to 2022.

The global engineering software market defines the use of different software such as computer-aided designing (CAD) software, computer-aided engineering (CAE) software, computer-aided manufacturing (CAM) software, electronic design automation (EDA) software, and architecture, engineering, and construction (AEC) software. These software are utilized across various engineering disciplines, such as electronics and communication engineering, electrical engineering, process engineering, chemical engineering, and mechanical engineering.

The rising need of automation and growing adoption of integrated solutions for analyzing and designingof engineering systems is fueling the global engineering software market. Furthermore, the growing penetration of mobile devices such as smartphones, tablets and laptops has increased the ease and accessibility of engineering software, which in turn, is bolstering the growth of engineering software market. Furthermore, the introduction of cloud-based engineering software products is boosting the market growth tremendously. However, high maintenance cost and license cost coupled with lack of technical expertise in operating these software is hindering the market growth globally.

The key market players profiled in this report include Autodesk, Inc., Bentley Systems, Inc., Dassault Systemes S.A., IBM Corporation, Geometric Ltd., Siemens (News - Alert) PLM Software, Inc., SAP SE, Synopsys, Inc., PTC, Inc., Ansys, Inc., and MSC Software Corporation.

Report Scope

Global Engineering Software Market, By Software Type

- Computer-Aided Designing (CAD) Software

- Computer-Aided Engineering (CAE) Software

- Computer-Aided Manufacturing (CAM) Software

- Architecture, Engineering and Construction (AEC) Software

- Electronic Design Automation (EDA) Software

Global Engineering Software Market, By Applications

- Design Automation

- Plant Design

- Product Design & Testing

- Drafting & 3D Modeling