/PRNewswire/ The global simulation software market size is estimated to reach USD 39.74 billion by 2030, registering a CAGR of 13.5% over the forecast.
/PRNewswire/ The global simulation software market size is estimated to reach USD 39.74 billion by 2030, registering a CAGR of 13.5% over the forecast.
Simulation Software Market to be Worth $39 74 Billion by 2030: Grand View Research, Inc finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Global 3D CAD Software Market Report 2021-2028 - Continuous Advancements in 3D Technology and Adoption in the Automotive Sector prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article
SAN FRANCISCO, April 7, 2021 /PRNewswire/ The global simulation software market size is expected
to reach USD 33.9 billion by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand
at a CAGR of 17.1% from 2021 to 2028. Simulation software is being used for training personnel. It is replacing the traditional real-time training techniques, which incurred huge investments annually for companies. The use of simulation for training purposes helps reduce training costs as companies need to make a one-time investment for software implementation.
Key suggestions from the report:
The market is being driven by reduced training costs for personnel in various industries and sectors such as automotive, defense, healthcare, and electrical