Engineering Software Market Outlook 2025 |The Insight Partners Engineering Software Market Outlook 2025 |The Insi | Page 2
Engineering Software Market to 2025
Introduction
Engineering software are used in design or manufacturing automation across a number of different engineering
disciplines such as electrical engineering, electronics and communication engineering, process engineering,
mechanical engineering, and chemical engineering among others. Despite steady growth in the past few years, the
global engineering software market is expected grow considerably during the forecast period, expanding its use in
various application areas and untapped opportunities.
A significant reduction in time and cost can be achieved in the product development cycle with the introduction of
engineering software such as CAD, CAM, CAE, and EDA among others. Also, engineering software provide easy
accessibility to the users, thus reducing extra efforts and increasing efficiency and work quality, thereby driving its
adoption. The engineering software market is further flourishing due to the rising adoption of portable computing
devices at workplace coupled with easy availability of these software over cloud. Rising need of automation in
process industries (such as oil & gas, manufacturing and offshoring industries among others) is expected to create
new opportunities for the global engineering software market during the forecasted period.
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