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CIMdata Releases 2023 Simulation & Analysis Market Report

Forecasts S&A subsector to grow 9.2% in 2023

Mon, 07/31/2023 - 12:01
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(CIMdata: Ann Arbor, MI): CIMdata Inc. has announced the release of the CIMdata Simulation and Analysis (S&A) Market Analysis Report. This report expands on the S&A market analysis conducted as part of the CIMdata 2023 PLM Market Analysis Report Series. The well-known PLM MAR series provides detailed information and in-depth analysis of the worldwide PLM market during the calendar year 2022.

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The report contains analyses of major trends and issues; revenues of leading PLM providers; and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth. The 2023 S&A MAR is a 130-page report containing more than 50 tables and charts of data detailing the worldwide S&A market along a number of dimensions. It also includes an update on CIMdata’s S&A segmentation, a discussion of trends in the S&A industry, and updates on the top S&A solution providers.

According to Don Tolle, CIMdata’s practice manager for simulation-driven systems development, “Detailed 3D geometric modeling, simulation, and analysis for virtual prototyping and verification/validation (i.e., working along the right side of the systems engineering Vee) still accounts for the majority of the S&A market segment revenues.

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