Engineering Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Engineering Software Market is segmented by Type (Computer-Aided Design (CAD) Software, Computer-Aided Engineering (CAE) Software, Computer-Aided Manufacturing (CAM) Software, Architecture, Engineering, and Construction (AEC) Software, Electronic Design Automation (EDA) Software), Application (Design Automation, Plant Design, Product Design & Testing, and Drafting & 3D Modelling), and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Engineering Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Engineering Software Industry Overview

The Engineering Software Market is fragmented as it currently consists of many players. Several key players in the market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprint in developing regions to consolidate their positions in the market. The major player in this market includes IBM Corporation, Siemens Digital Industries Software, Synopsys, Inc., Dassault Systemes, S.A., and Autodesk, Inc.

  • In November 2022, IBM unveiled new tools that would assist businesses in destroying data silos and integrating analytics to make data-driven choices and handle unforeseen interruptions swiftly. IBM Organization Analytics Enterprise offers users a comprehensive view of data sources throughout their business through business intelligence planning, budgeting, reporting, forecasting, and dashboard capabilities.
  • In November 2022, Bentley Systems announced the launch of Bentley Infrastructure Cloud, a collection of business solutions covering the entire infrastructure value chain and lifetime. Bentley Infrastructure Cloud's comprehensive and evergreen digital twins will make it possible to create, deliver, and maintain superior infrastructure.

Engineering Software Market Leaders

  1. Autodesk, Inc.

  2. Siemens Digital Industries Software

  3. Synopsys, Inc.

  4. Dassault Systemes, S.A.

  5. Bentley Systems, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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