Cloud-based platforms to drive factory simulation software
August 2019
News
The market for factory simulation software products will grow at a compound annual growth rate of 11% to reach US$4,1 billion for over 172 000 users in 2030. According to ABI Research, these sales include software that uses computer modelling to analyse how production might work in any given factory or situation and implement virtual commissioning to test proposed changes and upgrades before they are put into effect.
Vendors that provide or partner with larger smart manufacturing platforms control the largest chunks of the market share. In discrete industries, this means Dassault Systèmes with its 3DEXPERIENCE platform, Siemens with its Digital Industries portfolio and Rockwell Automation with Arena, control most of the market. In the process industries, Aveva, AspenTech, and Siemens control most of the market. The automotive industry represents the largest opportunity globally, with US$1,8 billion in factory simulation software revenues forecasted for 2030.
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