Top
software vendors such as Oracle and SAP have been attempting to penetrate the
middle market, to expand their client base and increase overall revenues. These
companies have begun offering scaled-down, pre-configured versions of their
applications. They are pursuing new distribution channels to sell and
distribute their software products and are also acquiring mid-market software
companies to increase their market shares and revenues. For example, SAP
acquired Business One software to penetrate the middle market.
THE
BUSINESS RESEARCH COMPANY VALUED THE ENGINEERING
DESIGN SOFTWARE MARKET AT $17 BILLION IN 2017
North
America was the largest geographic region in the market, accounting for more
than one third of the global market. The USA was the largest country accounting
for one third of the global engineering design software market.
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the report at:
According
to The Business Research Company’s Consultant, Nitin Gianchandani, engineering
Design Software will now personalize their products through either
tailoring/customizing (as in the case of consumer products) or through product
configuration. Product configuration can help unlock the power of the design
information contained within manufacturers’ CAD models, publishing it in a way
that provides their customers with a much richer choice in product selection.
Configure, price, quote (CPQ) software comes in handy to accommodate
personalization/customization of products, which will prompt some convergence
of PLM software and CPQ software.
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at: https://www.thebusinessresearchcompany.com/sample.aspx?id=151&type=smp
Autodesk, Inc. was
the biggest player in the engineering design software market with revenues worth
$2 billion in 2016.
Engineering
design tools are essentially software applications and supporting services that
are used for the creation of infrastructure and plant physical assets. All
phases of engineering work used for the design, construction, turnover, and
initial operations and maintenance for industrial facilities and infrastructure
are included.
Global
Engineering Design Software Market Report 2018 is a detailed report giving
a unique insight into this market. The report is priced at $4000 for an
individual user. To use across your
office, the price is $6000 and $8000 if you wish to use across a multinational
company.
About The Business Research Company
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The
Business Research Company is a market research and intelligence company, which
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It
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network of trained researchers globally. It has specialist consultants in a
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Business Research Company's management has more than 20 years of varied
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to the senior management of some of the world's largest organizations.
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