How big is the Model-based Enterprise Market?

The Model-based Enterprise Market size is expected to reach USD 20.76 billion in 2024 and grow at a CAGR of 15.42% to reach USD 42.51 billion by 2029. Read More

What is the current Model-based Enterprise Market size?

In 2024, the Model-based Enterprise Market size is expected to reach USD 20.76 billion. Read More

Who are the key players in Model-based Enterprise Market?

Siemens AG, General Electric Company, PTC Inc., Dassault Systèmes SE and SAP SE are the major companies operating in the Model-based Enterprise Market. Read More

Which is the fastest growing region in Model-based Enterprise Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Model-based Enterprise Market?

In 2024, the North America accounts for the largest market share in Model-based Enterprise Market. Read More

What years does this Model-based Enterprise Market cover, and what was the market size in 2023?

In 2023, the Model-based Enterprise Market size was estimated at USD 17.56 billion. The report covers the Model-based Enterprise Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Model-based Enterprise Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Model-Based Enterprise Market - Size, Share & Industry Analysis

Model-Based Enterprise Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Includes Model-Based Enterprise for Manufacturing, and the Market is Segmented by Offering (Solutions and Services), Deployment Mode (On-Premise and Cloud), End User (Aerospace & Defense, Automotive, Construction, Power & Energy, Retail, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Model-Based Enterprise Industry Overview

The model-based enterprise market is fragmented as various entities opt for long-term collaborations. Contracts are awarded to companies that can provide faster security updates, which has increased demand for model-based enterprise solutions. Some major players in the market are Siemens AG, General Electric Company, Dassault Systèmes SE, SAP SE, and PTC Inc., among others.

• In February 2024, Autodesk Inc. announced that the company had launched Autodesk Informed Design. This cloud-based solution connects design and manufacturing workflows to streamline the building design and construction process. It also allows architects to work with customizable, pre-defined building products that yield valid results and manufacturers to share their products with design stakeholders.

• In February 2024, Aras announced that Johnson Matthey (JM) selected Aras Innovator to modernize its global PLM infrastructure and support its digital transformation strategy. Aras Innovator SaaS will be deployed as part of a multi-stage rollout beginning in the first quarter of 2024.