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$13.45 Billion Simulation Software Market by Component, Application, Vertical, Deployment Mode, and Region - Global Forecast to 2022 - Research and MarketsThe "Simulation Software Market by Component (Software and Services), Application, Vertical (Automobile, Aerospace & Defense, Electrical & Electronics, Healthcare, and Education & Research), Deployment Mode, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering. The simulation software market is projected to grow at a CAGR of 16.5% The increased need for eco-friendly environments and the growing number of Small and Medium-Sized Enterprises are expected to be driving the growth of the simulation software market. The lack of standards and benchmarks in the simulation and analysis technology and the integration complexities in the simulation and analysis tools are expected to act as restraints for the growth of the market. In the simulation software market, the cloud deployment mode offers multiple benefits, such as reduced operational and maintenance costs, fewer complexities, and more scalability. The simulation and analysis solution providers are focusing on the development of robust cloud-based solutions for their users, as many organizations have started adopting the cloud-based deployment mode. Additionally, the cloud deployment mode is user-frendly and easy to access. Simulation and analysis software and services are predominantly applied in the aerospace and defense verticals for various purposes. For instance, in the aerospace vertical, simulation and analysis technology is used for designing aircrafts and its parts. On the other hand, in the defense vertical, this technology is used for designing the defense equipment and training the soldiers. Among the regions, North America is expected to have the largest market size in the simulation software market during the forecast period. The North American region has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market. A considerable growth is expected in the region during the forecast period. The major initiatives taken for the growth of the simulation and analysis technology have their origin in this region. In this region, the enterprises and governments have positively adopted the simulation and analysis technology to enhance the products and the process of manufacturing in the industrial manufacturing and automobile industries. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview And Industry Trends 6 Simulation And Analysis Market, By Component 7 Simulation And Analysis Market, By Application 8 Simulation And Analysis Market, By Deployment Mode 9 Simulation And Analysis Market, By Vertical 10 Simulation And Analysis Market, By Region 11 Competitive Landscape 12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/2psw5w/13_45_billion?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20171221005601/en/ |
