Market Scenario:
The global software engineering market has been witnessing a steady growth over the last few years owing to increasing demand for automation and massive penetration of building information modelling.
Technology giants such as 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. Autodesk, Inc. a prominent player in Software Engineering Market has designed a software named Autodesk which is widely used in numerous industry verticals. They offer specialize service in 3D design software and technology, digital prototyping, sustainable design software, media & entertainment, consumer software, PLM, cloud, and mobile application.
Computer aided designing is basically a computer software used to facilitate the generation, modification and optimization of a part or a device. It helps in providing high precision and more accuracy in designs and proper documentation for project management. There are various vendors who provide CAD software which allows simple and accurate automation. It possesses the ability to digitally model and automate a prototype which ultimately helps in improving the efficiency of manufacturing processes. It also provides cost reduction benefits and offers highly accurate dimensional analysis. CAD is used for static mechanical design and also in automating manufacturing processes.
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Applications of engineering software includes automation design, plant design, product design, 3D modelling, 3D printing, enterprise resource planning, project management and various others. These applications help in automating the business operations and provide systematic, disciplined, quantifiable approach to development, operation and maintenance of software. The major focus of these applications is to provide automated solutions at low cost and high quality.
Engineering software helps aerospace and defense industry in meeting their key business initiatives through simulation driven engineering design and also helps in driving innovation through the exploration of a wider range of product designs. It helps in reducing costs and provides better efficiency too.
The global software engineering market is expected to grow at a CAGR of approximately 8% during the forecast period 2017-2023.
Segments:
The global software engineering market is segmented by software type, application and end-user. By software type the market is sub-segmented into Computer-Aided Designing (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Architecture, Engineering and Construction (AEC), Electronic Design Automation (EDA). By application the market is segmented into Automation Design, Plant Design, Product Design, 3D Modelling and others. By end-user segment the market is segmented into Aerospace & Defense, Automotive, Banking, IT & Telecommunication, Oil & Gas, Healthcare and others.
Key Players
Some of the prominent players in the global Software Engineering Market : 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).
Key Findings
- By Software Type: Computer-Aided Designing (CAD) is dominating the market of Software Engineering by software type and has reached USD 5,758.65 Million in the year 2017 and is also expected to grow at a fastest CAGR of 13.28%.
- By Application: Automation Design is dominating the market of Software Engineering by application and has reached USD 6,076.05 Million in the year 2017. 3D Modelling is the fastest growing at a 13.09% CAGR.
- By End-User: Automotive is dominating the market of Software Engineering by end-user and has reached USD 5,164.26 Million in the year 2017. However, Aerospace & Defense is the fastest growing at 12.45% CAGR during the forecasted period.
Regional Analysis:
The regional analysis of software engineering market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. Asia pacific is expected to show potential growth. Emerging economies of Asia Pacific, such India, China, and Japan are major contributors in terms of technology for the growth of the software engineering market. The rising demand for automation solutions in these geographies is expected to grow the market over the forecast period. Moreover, in the gulf countries the software engineering market finds potential growth opportunities in the oil and gas industry for designing of automated systems for the industry.
Intended Audience
- Computer Software Developer
- Embedded Software Engineer
- IT Software Engineer
- Government
- Mobile Based Financial Service Providers And Distributors
- Research Institutes & Universities
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TABLE OF CONTENTS
1 Executive Summary
2 Market Dynamics
2.1 Market Growth Factors
2.1.1 Increasing Demand For Automation
2.1.2 Massive Penetration Of Building Information Modeling (BIM)
2.2 Restraints
2.2.1 Piracy Issues
2.2.2 Lack Of Skilled Personnel
2.3 Market Opportunities
2.3.1 Rising Demand For 3D Modelling
2.4 Supply Chain Analysis
2.5 Porter’s Five Forces Analysis
3 Global Software Engineering Market, By Software Type
3.1 Introduction
3.2 Sub-Segment
3.2.1 Computer-Aided Designing (CAD)
3.2.2 Computer-Aided Manufacturing (CAM)
3.2.3 Computer-Aided Engineering (CAE)
3.2.4 Architecture, Engineering And Construction (AEC)
3.2.5 Electronic Design Automation (EDA)
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Market Research Future published a research report on “Software Engineering Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Market HighlightsSoftware Engineering provides software tool that is used to achieve accuracy in designing of products and components of an organization.
They also help architects, engineers, and design professionals draft industry-specific products that enhance the overall product development.The market growth is attributed by the wide demand of integrated solution for designing of engineering system.
Further, the Software Engineering Market is basically driven by the increasing adoption of automation across given end-use industries.
The rising demand for lowering errors, to reduce the operational cost by minimizing the scrap, is driving the growth of engineering software market.
There is potential rise of Software Engineering technology opportunities in the chemical industry and oil and gas industry due to the increasing demand for process analytical solutions in these industries.
Moreover, the presence of Software Engineering on cloud is expected to boost the demand for engineering software over the coming years.The global Software Engineering market is expected to grow at CAGR of ~15% and estimated to reach at market size of US ~$50 billion by the end of forecast period.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2180Segments:Software Engineering Market is segmented into type, application and end user.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
