SIMULATION AND TEST DATA MANAGEMENT MARKET ANALYSIS

Simulation and Test Data Management Market, by Component type (Software by Deployment type (On-premise, Hosted), Service), by Vertical (Automotive, Architecture & Construction, Consumer Goods and Retail, Aerospace and Defense, Energy and Utility, Medical and Others ), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Key Developments

Key companies in the market are focused on partnerships and collaborations, in order to gain competitive edge in the market. For instance, in April 2019, MSC Software Corporation partnered with Aras Corporation, a provider of digital industrial applications.
Major market players are involved in product launches, in order to enhance their market. For instance, in December 2017, ESI Group, a provider of management software and services, introduced SimulationX 3.9, a software platform for multiphysics system simulation.