/PRNewswire/ The global veterinary software market size is expected to reach USD 1.07 billion by 2030, according to a new report by Grand View Research, Inc..
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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
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FELTON, Calif., April 1, 2021 /PRNewswire/ The global Electronic Design Automation (EDA) Software Market size is projected to reach USD 14.54 billion by 2025 with a CAGR of 8.9%, according to a new report by Million insights.
What are Key Factors Driving the
Electronic Design Automation Software Market?
The growing adoption of electronic devices across the globe is prompting manufacturers to develop compact electronics devices by incorporating and minimizing the size of miniaturized chips/ICs which has complex designs. Thus, electronics manufacturers are increasing the adoption of EDA software, in order to achieve the precision in IC designs and circuits, which in turn expected to boost the market growth in the forthcoming years.