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The global engineering software market is expected to register a 12.40% CAGR between 2015 and 2022. The market was valued at US$19.98 bn in 2014. Market Research Reports Search Engine (MRRSE) has added a report in the technology category to its database, covering all critical operations and sales figure forecasts concerning the engineering software market between 2014 and 2022. The report is titled “Engineering Software (CAD, CAM, CAE, AEC, 2022”.

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The report states that the primary driver for the global engineering software market is the growing demand for automation, along with an additional demand for integrated solutions adoption. The solutions are aimed at addressing and analyzing the design issues of engineering systems.

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