New ARC Advisory Group research on the Simulation Software global market reveals that this market will be driven by the emergence of comprehensive simulation platforms, the use of the digital twin concept, as well as the expansion of the 3D virtual simulation software.
“The overall simulation software market will be driven by the emergence of comprehensive simulation platforms that allow for concurrent product design and validation across the product lifecycle. Additional growth is driven by an increasing use of the digital twin concept, and growth in industrial IoT in general. Finally, the significant expansion of 3D virtual simulation software across a wide range of applications for science, industry, infrastructure, and consumers allows for the virtual validation of the physical world,” according to Dick Slansky, Senior Analyst at ARC Advisory Group and key author of ARC’s Simulation Software Global Emerging Market Analysis report.
About the Simulation Software Global Market Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the simulation software global market. This new research is based on ARC’s industry-leading market research database, extensive research, and proprietary economic modelling techniques. The research includes five-year market forecasts by region, by industry type, and by application type.
This new research is available as a Concise Market Analysis Report (PDF), providing an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.