The global Simulation Software Market size is projected to grow from USD 18.1 billion in 2023 to USD 33.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 13.1%. The expansion of the simulation software market is propelled by a rising demand for cloud-based software that reduces production and training expenses, improving performance, and reducing risks. Additionally, computing power and cloud technology developments have made simulations more accessible, realistic, and scalable, further contributing to market growth. Based on the Software type, the Gaming, AR, VR, and Training Simulation Software will grow at the highest CAGR during the forecasted period. By application, Engineering, Research, Modeling, and Simulated Testing account for the highest market.
Add to Favourites
To login click here