February 21
st 2021; Alstair, provider of solutions & software in simulation, artificial intelligence & high performance computing announced 2021 update for its simulation software. It enables engineers to develop smart, connected devices to bring together logical, thermal physical, electrical & mechanical design. The update includes improves simulation with optimized wireless connectivity such as 5G, capability for PCB fabrication, assembly & testing, automatic analysis of structural stress, etc.
Increasing Adoption of Simulation in Various Private & Governmental Organizations is One of the Major Factors Driving the Market Growth
The major factor driving the growth of global simulation software market is the increased demand of simulation in various organizations. The growing human evolution has resulted in demand of more complex product to do complex tasks such as missile, space craft, automotive; etc which carry a lot of cost & resources need to achieve perfection & reduced pe
Simulation Software Market worth $26.9 billion by 2026 - Exclusive Report by MarketsandMarkets Simulation Software Market by Component (Software (FEA, CFD), Services), Deployment (Cloud, On-premises), Application (Product Engineering, R&D, and Gamification), Vertical (Automobile, Healthcare and Pharmaceuticals), and Region - Global Forecast to 2026 , published by MarketsandMarkets, the Simulation Software Market size is expected to grow from USD 12.7 billion in 2020 to USD 26.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period.
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Altair Engineering, Inc. (Altair Engineering), BENTLEY SYSTEMS, INCORPORATED (Bentley Systems), ANSYS, Inc. (ANSYS), PTC (PTC), Siemens Product Lifecycle Management Software Inc. (Siemens PLM Software), Autodesk Inc. (Autodesk), Dassault Systèmes (Dassault Systemes), Synopsys, Inc. (Synopsys), and
Altair Engineering, Inc. (Altair Engineering), BENTLEY SYSTEMS, INCORPORATED (Bentley Systems), ANSYS, Inc. (ANSYS), PTC (PTC), Siemens Product Lifecycle Management Software Inc. (Siemens PLM Software), Autodesk Inc. (Autodesk), Dassault Systèmes (Dassault Systemes), Synopsys, Inc. (Synopsys), and The MathWorks, Inc. (MathWorks) are some of the key players considered in the Simulation Software Market. Companies offering simulation analysis solutions are focusing on organic strategies, such as new product launches and product enhancements, to be competitive in the Simulation Software Market. For instance, in September 2019, Certara launched Version 8.2 of its Industry-leading Phoenix PK/PD Modeling and Simulation Software for Drug Development. The increasing demand for simulation software in healthcare and pharmaceuticals is expected to increase its growth rate in the coming years.
Global Destroy and Attack Simulation Software Market 2020 Research Analysis on Competitive landscape and Key Vendors, Forecast by 2025 – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.