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Wednesday, 11 July 2018

Software Engineering Market Size, Opportunities, Competitive Landscape and Analytical Insights to 2022


Global Software Engineering Market is anticipated in a higher growth in the forthcoming period. Software engineering package refers to those package & software solutions that are extensively used in specialized engineering applications. Software engineering is thus a domain comprising programs and codes written for databases and application to be developed correctly, continuously within time and budget and within the given requirements.

Driving factors responsible for the growth of the market includes rising demand across various verticals such as automotive, energy, IT, telecom, media and entertainment. Growing use of software engineering across various verticals and industries is likely to contribute to the growth of software engineering market. However, cost constraints and pricing issues and lack of deep technical expertise is likely to impede the growth of industry.

 
Software Engineering Market 
Based on segmentation by type, the software engineering market includes CAD, CAM, AEC, CAE and EDA. CAD segment is expected to grow at a higher CAGR in the forthcoming period due to extensive usage and demand in construction, animation and civil engineering domain. Based on segmentation by application, the software engineering industry includes plant design, product design, 3D modelling and automation.

Geographically, software engineering market spans North America, South America, Europe, Asia-Pacific, Middle-East and Africa. North America and Europe market is expected to gain a significant growth in the market due to presence of several verticals and cross-linking amongst them. Rise in automation and use of bots is another leveraging factor triggering the market growth in these regions.

APAC and MEA market is likely to anticipate in a higher CAGR growth due to growing digitization and rise in automation across various verticals. The key players in the software engineering market include Autodesk, Bentley Systems Inc, Dassault Systemes S.A., IBM Corporation, Geometric Ltd, Siemens PLM Software, SAP SE, Synopsys, PTC, Ansys, MSC Software Corporation.

Market Segment:

This report studies the global Software Engineering market, analyzes and researches the Software Engineering development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• Autodesk (U.S.)
• Bentley Systems (U.S.)
• Dassault Systemes S.A (France)
• IBM Corporation (U.S.)
• Geometric Ltd (India)
• Siemens PLM Software (U.S.)
• SAP SE (Germany)
Market segment by Type, Software Engineering can be split into
• CAD
• CAM
• CAE
• AEC
• EDA

Market segment by Application, Software Engineering can be split into
• Aerospace & Defence
• Automotive
• Banking
• Telecommunication
• Oil & Gas
• Healthcare




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