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Simulation and Test Data Management Market: North America Region Expected to be the Largest Revenue Generator for Simulation and Test Data Management by 2026: Global Industry Analysis and Opportunity Assessment, 2016-2026

Simulation and Test Data Management Market: North America Region Expected to be the Largest Revenue Generator for Simulation and Test Data Management by 2026: Global Industry Analysis and Opportunity Assessment, 2016-2026

Simulation or testing is the process of designing a model of an actual or a theoretical physical system to represent important aspects of the real world. These software helps to predict the behaviour of a system, which can be used to evaluate a new design, diagnose problem with existing designs, and test a system under conditions that are difficult to replicate in reality. Simulation or test data management software effectively manage data and process information that has been generated from simulation and test software, which offers benefits such as faster time-to-market, better use of information, lowers development costs and increases collaboration within an organization.

FMI forecasts the simulation and test data management market to grow at 12.5% CAGR during the forecast period 2016-2026, and is expected to reach US$ 480.6 Mn in terms of revenues by 2026 end. Software segment is estimated to hold the largest share among the components segment, accounting or US$ 354.7 Mn by 2026, up from US$ 108.8 Mn in 2016.

Increasing demand for data management software to protect against loss of data generated is one of the main drivers of simulation and test data management market

The simulation and test data management market is anticipated to witness a significant revenue growth during the forecast period, owing to increasing demand for data management software to protect against loss of data generated from simulation and test software, increasing efforts to reduce time-to-market company's product and need to manage and analyse data generated from simulation and test data management software etc. Moreover, demand from verticals such as automotive, aerospace & defence etc. is expected to increase as simulation and testing software are already used on wide scale in these verticals and thus there is a greater need to have a data management software.

High development costs associated with simulation and test data management software, coupled with a long recovery period are the major challenges faced by simulation and test data management market. Transferring large amount of data from simulation and test data management software to computers can be a time consuming process, which is another challenge for the adoption of this technology.

Market Segmentation

By Component Type

By Vertical

By Region

Software

Development Type

On Premise

Hosted

Services

Automotive

Architecture and Construction

Consumer Goods and Retail

Aerospace and Defence

Energy and Utility

Medical

Others

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan

Japan

Middle East and Africa

Software segment is expected to account for maximum market revenue share by 2026

Among all the components, software segment is expected to account for maximum market revenue share by 2026, as software being a very important component of this market. In software sub-segment, hosted software category is expected to witness highest growth rate during forecast period, followed by on-premise software.

Aerospace and defence vertical is expected to increase at highest growth rate during the forecast period

In the vertical segment, aerospace & defence vertical is expected to increase at highest growth rate during the forecast period, followed by automotive vertical. Increasing expenditure on aerospace & defence verticals by major countries is expected to drive the demand for this verticals.

North America region is expected to be the largest revenue generator for simulation and test data management by 2026

Market in North America region is expected to be the largest revenue generator for simulation and test data management market by 2026, is expected to account for a revenue share of 37.8% by 2026, owing to region being a centre for major companies from automobile, aerospace & defence, and healthcare verticals. Region-wise, Asia Pacific excluding Japan (APEJ) is expected to be the second largest market in simulation and test data management market with market revenue expected to be valued at US$ 119.8 Mn by 2026.

simulation and test data management market_image for preview analysis

Certain market companies are providing integrated simulation and data management software as a single solution to consolidate their position in the market

Key players reported in this study on the simulation and test data market include Siemens PLM, AVL, Dassault Systèmes: 3D Software Company, IBM Corporation, MSC Software Corporation, Informatica, ANSYS Software Pvt. Ltd., ESI Group, and Autodesk, Inc. who have significantly increased their footprint in the simulation and test data management market over the years.

Some of the companies such as Siemens PLM and Dassault Systèmes: 3D Software Company are providing integrated simulation and data management software as a single solution, to consolidate their position in the market. Companies such as Informatica are providing test data management software with the help of hybrid cloud, offering a combination of on premise and hosted services.


1. Simulation and Test Data Management Market- Executive Summary
2. Assumptions & Acronyms Used
3. Research Methodology
4. Market Overview
4.1. Introduction
4.1.1. Simulation and Test Data Management Market Definition
4.1.2. Simulation and Test Data Management Market Taxonomy
4.2. Global Simulation and Test Data Management Market Dynamics
4.2.1. Drivers
4.2.2. Challenges
4.2.3. Opportunities
4.2.4. Prominent Trends
4.3. Value Chain
4.4. Global Simulation and Test Data Management Market Forecast, 2016-2026
4.4.1. Global Simulation and Test Data Management Market Size (Value) Forecast
4.4.1.1. Y-o-Y Growth Projections
4.4.1.2. Absolute $ Opportunity
5. Global Simulation and Test Data Management Market Analysis, By Component Type
5.1. Introduction
5.1.1. Y-o-Y Growth Comparison, By Component
5.1.2. Basis Point Share (BPS) Analysis, By Component
5.2. Global Simulation and Test Data Management Market Forecast By Component
5.2.1. Software
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Value Forecast, By Region
5.2.2. Services
5.2.2.1. Absolute $ Opportunity
5.2.2.2. Market Value Forecast, By Region
5.3. Global Simulation and Test Data Management Market Attractiveness Analysis, By Component
5.4. Prominent Trends
6. Global Simulation and Test Data Management Market Analysis, By Vertical
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison, By Vertical
6.1.2. Basis Point Share (BPS) Analysis, By Vertical
6.2. Global Simulation and Test Data Management Market Forecast By Vertical
6.2.1. Automotive
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value Forecast, By Region
6.2.2. Architecture & Construction
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value Forecast, By Region
6.2.3. Consumer Goods and Retail
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Value Forecast, By Region
6.2.4. Aerospace and Defense
6.2.4.1. Absolute $ Opportunity
6.2.4.2. Market Value Forecast, By Region
6.2.5. Energy and Utility
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Value Forecast, By Region
6.2.6. Medical
6.2.6.1. Absolute $ Opportunity
6.2.6.2. Market Value Forecast, By Region
6.2.7. Others
6.2.7.1. Absolute $ Opportunity
6.2.7.2. Market Value Forecast, By Region
6.3. Global Simulation and Test Data Management Market Attractiveness Analysis, By Vertical
6.4. Prominent Trends
7. Global Simulation and Test Data Management Market Analysis, By Region
7.1. Introduction
7.1.1. Y-o-Y Growth Projections, By Region
7.1.2. Basis Point Share (BPS) Analysis, By Region
7.2. Global Simulation and Test Data Management Market Forecast By Region
7.2.1. North America Market Value Forecast
7.2.2. Latin America Market Value Forecast
7.2.3 Western Europe Market Value Forecast
7.2.4 Eastern Europe Market Value Forecast
7.2.5 Asia Pacific excluding Japan Market Value Forecast
7.2.6 Japan Market Value Forecast
7.2.7. Middle East & Africa Market Value Forecast
7.3 Global Simulation and Test Data Management Market Attractiveness Analysis, By Region
7.4 Prominent Trends
8. North America Simulation and Test Data Management Market Analysis
8.1. Introduction
8.1.1. Y-o-Y Growth Projections, By Country
8.1.2. Basis Point Share (BPS) Analysis, By Country
8.2. North America Simulation and Test Data Management Market Forecast
8.2.1. Market Value Forecast By Country
8.2.1.1. U.S. Absolute $ Opportunity
8.2.1.2. Canada Absolute $ Opportunity
8.2.2. Market Value Forecast By Component
8.2.2.1. Software
8.2.2.2. Services
8.2.3. Market Value Forecast By Vertical
8.2.3.1. Automotive
8.2.3.2. Architecture & Construction
8.2.3.3. Consumer Goods and Retail
8.2.3.4. Aerospace and Defense
8.2.3.5. Energy and Utility
8.2.3.6. Medical
8.2.3.7. Others
8.2.4. Simulation and Test Data Management Market Attractiveness Analysis
8.2.4.1. By Component
8.2.4.2. By Vertical
8.2.4.3 By Country
8.2.5. Drivers & Restraints: Impact Analysis
9. Latin America Simulation and Test Data Management Market Analysis
9.1. Introduction
9.1.1. Y-o-Y Growth Projections, By Country
9.1.2. Basis Point Share (BPS) Analysis, By Country
9.2. Latin America Simulation and Test Data Management Market Forecast
9.2.1. Market Value Forecast By Country
9.2.1.1. Mexico Absolute $ Opportunity
9.2.1.2. Brazil Absolute $ Opportunity
9.2.1.3. Argentina Absolute $ Opportunity
9.2.1.4. Rest of LATAM Absolute $ Opportunity
9.2.2. Market Value Forecast By Component
9.2.2.1. Software
9.2.2.2. Services
9.2.3. Market Value Forecast By Vertical
9.2.3.1. Automotive
9.2.3.2. Architecture, Engineering, and Construction
9.2.3.3. Consumer Goods and Retail
9.2.3.4. Aerospace and Defense
9.2.3.5. Energy and Utility
9.2.3.6. Medical
9.2.3.7. Others
9.2.4. Simulation and Test Data Management Market Attractiveness Analysis
9.2.4.1. By Component
9.2.4.2. By Vertical
9.2.4.3. By Country
9.2.5. Drivers & Restraints: Impact Analysis
10. Western Europe Simulation and Test Data Management Market Analysis
10.1. Introduction
10.1.1. Y-o-Y Growth Projections, By Country
10.1.2. Basis Point Share (BPS) Analysis, By Country
10.2. Western Europe Simulation and Test Data Management Market Forecast
10.2.1. Market Value Forecast By Country/Region
10.2.1.1. Germany Absolute $ Opportunity
10.2.1.2. France Absolute $ Opportunity
10.2.1.3. U.K. Absolute $ Opportunity
10.2.1.4. Spain Absolute $ Opportunity
10.2.1.5. Italy Absolute $ Opportunity
10.2.1.6. Rest of Western Europe Absolute $ Opportunity
10.2.2. Market Value Forecast By Component
10.2.2.1. Software
10.2.2.2. Services
10.2.3. Market Value Forecast By Vertical
10.2.3.1. Automotive
10.2.3.2. Architecture & Construction
10.2.3.3. Consumer Goods and Retail
10.2.3.4. Aerospace and Defense
10.2.3.5. Energy and Utility
10.2.3.6. Medical
10.2.3.7. Others
10.2.4. Simulation and Test Data Management Market Attractiveness Analysis
10.2.4.1. By Component
10.2.4.2. By Vertical
10.2.4.3. By Country
10.2.5. Drivers & Restraints: Impact Analysis
11. Eastern Europe Simulation and Test Data Management Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country
11.1.2. Basis Point Share (BPS) Analysis, By Country
11.2. Eastern Europe Simulation and Test Data Management Market Forecast
11.2.1. Market Value Forecast By Country/Region
11.2.1.1. Russia Absolute $ Opportunity
11.2.1.2. Poland Absolute $ Opportunity
11.2.1.3. Rest of Eastern Europe Absolute $ Opportunity
11.2.2. Market Value Forecast By Component
11.2.2.1. Software
11.2.2.2. Services
11.2.3. Market Value Forecast By Vertical
11.2.3.1. Automotive
11.2.3.2. Architecture & Construction
11.2.3.3. Consumer Goods and Retail
11.2.3.4. Aerospace and Defense
11.2.3.5. Energy and Utility
11.2.3.6. Medical
11.2.3.7. Others
11.2.4. Simulation and Test Data Management Market Attractiveness Analysis
11.2.4.1. By Component
11.2.4.2. By Vertical
11.2.4.3. By Country
11.2.5. Drivers & Restraints: Impact Analysis
12. APAC excluding Japan (APEJ) Simulation and Test Data Management Market Analysis
12.1. Introduction
12.1.1. Y-o-Y Growth Projections, By Country
12.1.2. Basis Point Share (BPS) Analysis, By Country
12.2. APEJ Simulation and Test Data Management Market Forecast
12.2.1. Market Value Forecast, By Country/Region
12.2.1.1. China Absolute $ Opportunity
12.2.1.2. India Absolute $ Opportunity
12.2.1.3. ASEAN Absolute $ Opportunity
12.2.1.4. ANZ Absolute $ Opportunity
12.2.1.5. Rest of Asia Pacific Absolute $ Opportunity
12.2.2. Market Value Forecast By Component
12.2.2.1. Software
12.2.2.2. Services
12.2.3. Market Value Forecast By Vertical
12.2.3.1. Automotive
12.2.3.2. Architecture & Construction
12.2.3.3. Consumer Goods and Retail
12.2.3.4. Aerospace and Defense
12.2.3.5. Energy and Utility
12.2.3.6. Medical
12.2.3.7. Others
12.2.4. Simulation and Test Data Management Market Attractiveness Analysis
12.2.4.1. By Component

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