How Big Is the Engineering Software Market | Demands & Forecast 2031

Code: MTA6384 Publication Date: Jul 2025

How Big Is the Engineering Software Market?

According to 6Wresearch internal database and industry insights, the Global Engineering Software Market was valued at USD 18 Billion in 2024 and is expected to reach USD 26 Billion by 2031, growing at a compound annual growth rate of 6.00% during the forecast period (2025-2031).

This tremendous expansion is driven by the increasing adoption of cloud-based engineering platforms, rising complexity in product design, and the rise in demand for digital twin and 3D modeling solutions across automotive, aerospace, and construction sectors.

Growth Factors of the Engineering Software Market

  • Development of smart manufacturing and Industry 4.0 applications
  • Increasing reliance on CAD/CAE tools for rapid prototyping and simulation
  • Rising investment in infrastructure and construction globally
  • Demand for engineering software in renewable energy system design
  • Rising complexity in electronics and automotive design needing high-precision modeling
  • Advent of subscription-based and SaaS engineering platforms boosting accessibility

Engineering Software Market Trends

Engineering Software Market is witnessing rapid digitization with increased deployment of AI-enabled design tools and simulation-driven product development. There is a notable shift towards cloud-based platforms and Software-as-a-Service (SaaS) models, enabling real-time collaboration and faster project turnaround. Furthermore, the integration of BIM, digital twins, and generative design capabilities is reshaping how engineers visualize, analyze, and validate designs, especially in sectors like aerospace, automotive, energy, and infrastructure.

Emerging Developments in Engineering Software Market

Recent developments in the Engineering Software Market include the rise of low-code/no-code environments in engineering workflows, integration of VR/AR for immersive prototyping, and development of sustainable design software that factors in lifecycle emissions. Companies are also exploring AI co-design assistants, while many platforms are merging electrical, mechanical, and software modeling under unified tools to support mechatronics and system engineering.

Leading Companies in the Engineering Software Industry

  • Autodesk Inc.
  • Dassault Systèmes
  • Siemens Digital Industries Software
  • Bentley Systems
  • PTC Inc.
  • Hexagon AB
  • Ansys Inc.

How Big Is the Engineering Software Market : FAQ's

The market is expanding due to the digital transformation of engineering processes and cloud-based collaborative design tools.
Key sectors include automotive, aerospace, industrial machinery, civil engineering, and electronics design.
AI is enabling generative design, predictive simulation, error detection, and automation in complex modeling tasks.
The engineering software market is expected to reach USD 26 Billion by 2031.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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