Projected $43bn Simulation Software Market

Projected $43bn Simulation Software Market

openPR | According to Maximize Market Research, the simulation software market, valued at $18.1 billion in 2023, is projected to grow to $42.85 billion by 2030, with a compound annual growth rate (CAGR) of 13.1%. Growth is driven by advancements in AI, machine learning, and cloud computing, and increased demand across industries like aerospace, automotive, and healthcare. Cloud-based solutions dominate the market due to their accessibility and scalability.

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