Delray Beach, FL, Aug. 18, 2025 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the Simulation Software Market size is estimated to grow from USD 19.95 Billion in 2024 to USD 36.22 Billion by 2030 at a compound annual growth rate (CAGR) of 10.4 % during the forecast period.
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Simulation Software Market Dynamics –
Drivers
- Increasing capabilities of simulation with regard to advanced technologies
- Advancements in computing power and cloud technology
Restraints
- High cost of simulation software and services
- Lack of skilled professionals
Opportunities
- Growth of automotive industry
- Expansion of healthcare industry
List of Top Companies in Simulation Software Market
- Dassault Systemes (France)
- Ansys (US)
- Autodesk (US)
- AVL List GmbH (Austria)
- MathWorks (US)
- Siemens (Germany)
- Hexagon (US)
- Synopsys (Canada)
- Texas Instrument (US)
- SAS (US)
- CAE (Canada) and many more…
These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. These players can focus on developing innovative simulation technologies and offerings owing to the emergence of new application areas for simulation software.
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The need for realistic simulation software is fueled by the need for realistic product design, testing, training, and the increasing sophistication of the systems involved such as automotive safety systems which require crash simulations for occupant protection, aerospace systems that rely on rigorous testing of flight dynamics and mission planning, and industrial automation systems model machinery-human interactions to improve efficiency and safety. The growth of the simulation software market is further driven by technological advancements and growing demand for simulation software across different industries such as aerospace, automotive, health care, and manufacturing. Some of the key trends in the market include incorporating AI and machine learning to further improve the predictive capability of the solution and shifting towards cloud-based solutions for better accessibility and higher scalability. Key Players such as ANSYS and Dassault Systemes hold a key position in the market, whereas emerging start-ups focus on niche applications like process simulation software, computer-aided engineering (cae) software, business process management (bpm) softwares, electronic circuit simulation software, engine simulation softwareand finite element analysis. High initial costs and scarcity of people make it a …