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.
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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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