TechNavio's analysts forecast the CAE Software market in the APAC region to grow at a CAGR of 15.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need to reduce product development time and cost. The CAE Software market in the APAC region has also been witnessing development of next-generation CAE software. However, the high initial investment required for the CAE software suite could pose a challenge to the growth of this market.
TechNavio's report, the Computer-aided Engineering Software Market in the APAC Region 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the APAC region; it also covers the CAE Software market landscape in the APAC region and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Ansys Inc., Dassault Systemes SA, MSC Software Corp., and Siemens PLM Software Inc.
Other vendors mentioned in the report: Altair Engineering Inc., ESI Group, Samtech s.a., and Vero Software plc.
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