Software Engineering Market Trends - Analysis, Opportunities and Growth 2020

Posted by Akash Sangshetti on March 20th, 2020

Software Engineering Market Trends - Overview

The Global Software Engineering Market Trends is growing with the rapid pace; mainly due to the advent of automation and high adoption of internet of things in automotive industry. According to a recent study report published by the Market Research Future, the global market of Software Engineering is booming and expected to gain importance over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

The factors driving the global market of Software Engineering Market Trends are Increasing Demand for Automation and Massive Penetration of Building Information Modelling (BIM) rise in threats among others. On the other hand, Piracy Issues, Lack of Skilled Personnel are some of the factors hindering the growth of Software Engineering Market.

Automation is the new buzz word and is trending across industry verticals. Applications such as Computer aided design (CAD) and Computer aided manufacturing (CAM) are increasingly being used to both, design a product and program manufacturing processes such as CNC machining. CAM software makes use of models and assemblies created in CAM software to generate tool paths for driving machines that turn the designs into physical parts. CAD software is typically used for solid modelling, surface modelling, assembly, drafting, detailing and reverse engineering. Therefore, the software engineering market is expected to grow profoundly in the coming years.

Segments:

The Software Engineering Market Trends can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

  • Segmentation by Software Type: Comprises Computer-Aided Designing (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Architecture, Engineering and Construction (AEC), Electronic Design Automation (EDA).
  • Segmentation by Application: Comprises Automation Design, Plant Design, Product Design, 3D Modelling and Others
  • Segmentation by End-user: Comprises Aerospace & Defense, Automotive, Banking, IT & Telecommunication, Oil & Gas, Healthcare and others
  • Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Key Players

Some of the prominent players in the Software Engineering Market Trends: Autodesk, Inc.(U.S.), Bentley Systems, Inc. (U.S.), Dassault Systemes S.A (France), Siemens PLM Software, Inc.(U.S.), SAP SE (Germany), PTC, Inc.(U.S.), Ansys, Inc. (U.S.), MSC Software Corporation, Carlson Software Inc. (U.S.) and Geometric Ltd. (India).

Market Research Future Analysis:

Asia-Pacific is dominating the Global Software Engineering Market with the largest market share owing to the emergence of several manufacturing industries and rising demand from the automation industry. Moreover, countries like China, Japan, South Korea and India are increasing investing in cloud solutions. Followed by Europe shows a significant growth in the software engineering market owing to the high adoption of cloud based solutions  and services  and high demand from the well-established automotive sector. North America shows considerable growth in the software engineering market owing to the countries like U.S. and Canada.  The North America market for Software Engineering Market is expected to grow at a considerable CAGR (2016-2022).

TABLE OF CONTENTS

List of Figures

Figure 1 Global Software Engineering Market: Drivers Challenges & Opportuinities

Figure 2 Global Software Engineering: Supply Chain

Figure 3 Global Software Engineering Market: Porter’s Five Forces Analysis

Figure 4 Global Software Engineering Market, By Software Type, 2016–2022 (Usd Million)

Figure 5 Global Software Engineering Market, By Application, 2016–2022 (Usd Million)

Figure 6 Global Software Engineering Market, By End User, 2016–2022 (Usd Million)

Figure 7 Global Software Engineering Market, By Region, 2016–2022 (Usd Million)

Figure 8 North America Software Engineering Market, By Country,2016–2022 (Usd Million)

Figure 9 North America Software Engineering Market, By Software Type, 2016–2022 (Usd Million)

Figure 10 North America Software Engineering Market, By Application, 2017–2023 (Usd Million)

Figure 11 North America Software Engineering Market, By End User, 2016–2022 (Usd Million)

Figure 12 Europe Software Engineering Market, By Country, 2016–2022(Usd Million)

Figure 13 Europe Software Engineering Market, By Software Type, 2016–2022(Usd Million)

Figure 14 Europe Software Engineering Market, By Application, 2016–2022 (Usd Million)

Continued…

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Akash Sangshetti

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Akash Sangshetti
Joined: October 1st, 2019
Articles Posted: 322

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