16 Nov 2021
Simulation Software is used to imitate the real-world system & processes over time by computer package. It helps virtually in understanding the working of a system in the real world and eliminates the chances of fault, breakdown before entering the manufacturing facility. It saves energy consumption & resources, in order to achieve accuracy, precision by eliminating the hit & trial method and the perfect product is obtained through smooth, fast operation in limited resources. The simulation can vary the operation condition of the product to investigate the outcome, behavior study by slowing down the simulation to eliminate critical situations without any danger at low expenditure.
Brandessence Market Research has published a new report title and According to the Study “Global Simulation Software Market is valued at USD 11.52 Billion in 2020 and expected to reach USD 26.93 Billion by 2027 with a CAGR of 12.9% over the forecast period”.
The simulation is very helpful in developing new things such as different car models, mobile, etc to make things better than before or as desired by customers which were not possible a few years back like Ambassador car, Royal Enfield had limited model due to traditional methods. The simulation software is a growing market due to the increased complexity of products, processes, and increased demand to give more in limited resources, etc. The simulation has started in the 1950s and has evolved with growing industrialization but the software used today is easy to operate, fast & can perform complex operations at ease.
Top 10 Simulation Software Companies in Global Market 2021
1. Schneider Electric
Schneider Electric is a French Based Software company Which is established in 1836 and headquartered at 35 rue Joseph Monier, Rueil-Malmaison, Ile-de-France, 92500, France. The company drives digital transformation by integrating leading-edge energy and process technologies, end-to-cloud products, controls, software, and services, across the lifecycle, enabling integrated business management, for homes, buildings, data centers, infrastructure, and industries.
Schneider Electric had nearly 126,328 Employees and had revenue of $ 28 Billion.
Siemens is a German Based technology company which is established in 1847 and headquartered at Wittelsbacherpl. 1, Munich, Bavaria, 80333, Germany. Siemens is a technology company focused on industry, infrastructure, mobility, and healthcare. Company creates technology for more resource-efficient factories and flexible supply chains for smarter buildings and grids, cleaner and more comfortable transportation, and advanced healthcare.
Siemens had nearly 293,000 Employees and had revenue of $ 17 Billion.
3. Rockwell Automation
Rockwell Automation is an American-based Software Company Which is established in 1903 and headquartered at 1201 S 2nd St, Milwaukee, Wisconsin, 53204, United States. The company connects people's imaginations with the potential of technology to expand what people can do, making the world smarter, more connected, and more efficient.
Rockwell Automation had nearly 23,500 and had revenue of $ 6 Billion.
4. Dassault Systèmes
Dassault Systèmes is a French software corporation Company Which is established in 1981 and headquartered at 10 Rue Marcel Dassault, Velizy-Villacoublay, Ile-de-France, 78140, France. It is on Fortune magazine's list of the 50 largest software companies. Dessault Systemes is a software and technology company specializing in 3D virtual labs and 3D engineering and design software.
Dassault Systèmes had nearly 20,000 Employees and had revenue of $ 5 Billion.
5. Hexagon PPM
Hexagon is an American healthcare services company Which is established in 1992 and headquartered at 305 Intergraph Way, Madison, Alabama, 35758, United States. PPM is part of Hexagon, a global leader in sensors, software, and autonomous solutions whose technologies are shaping urban and manufacturing ecosystems to become increasingly connected and autonomous, ensuring a prosperous and sustainable future.
Hexagon had nearly 20,343 Employees and had revenue of $ 4 Billion.
Autodesk is an American multinational corporation Which is established in 1982 and headquartered at 111 McInnis Pkwy, San Rafael, California, 94903, United States. Autodesk focused on 2D and 3D design software for use in architecture, engineering, and building construction. Enterprise technology encompasses architecture, engineering, construction, product design, manufacturing, media and entertainment, enabling innovators around the world to meet challenges large and small.
Autodesk had nearly 11,500 Employees and had revenue of $ 3 Billion.
PTC is a US Based computer software and services company Which is established in 1985 and headquartered at 6551 Park of Commerce Blvd., Boca Raton, Florida, 33487, United States. PTC unlocks industry innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve exports and increase the productivity of the workforce.
PTC had nearly 6,243 Employees and had revenue of $ 1 Billion.
MathWorks is an American-based software firm Which is established in 1984 and headquartered at 1 Apple Hill Drive, Natick, Massachusetts, 01760, United States. MathWorks is a leading developer of mathematical calculation software. MATLAB, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numerical computation.
MathWorks had nearly 5,944 and had revenue of $ 1 Billion.
ANSYS is a US Based company which is established in 1970 and headquartered at 2600 ANSYS Dr., Southpointe, Canonsburg, Pennsylvania, 15317, United States. ANSYS develops and markets engineering simulation software. Ansys software is used to design semiconductors and products. Ansys is a global leader in engineering simulation that enables next-generation advancement, from self-driving cars and electric planes to connected cities.
ANSYS had nearly 4,800 Employees and had revenue of $ 1 Billion.
Bentley is an American Based software development company Which is established in 1984 and headquartered at 685 Stockton Dr, Exton, Pennsylvania, 19341, United States. Company Offers Innovative software to enhance global infrastructure - supporting both the global economy and environment. Industry-leading enterprise software solutions are used by professionals and organizations of all sizes, to design, build and operate bridges, railways and vehicles, water and wastewater, public facilities and utilities, buildings and grounds, and industrial facilities.
Bentley had nearly 4,000 Employees and had revenue of $ 736 Million.
Key Benefits for Simulation Software Industry Report–
- Global Simulation Software Industry report covers in-depth historical and forecasts analysis.
- Global Simulation Software Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country levels.
- Global Simulation Software Industry Trends report helps to identify opportunities in the marketplace.
- Global Simulation Software Industry report covers extensive analysis of emerging trends and competitive landscape