PUBLISHER: The Business Research Company | PRODUCT CODE: 1686481
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686481
Generative design software is a computer-aided tool that utilizes machine intelligence and algorithms to generate a plethora of manufacturing-ready solutions based on defined product constraints such as cost, materials, and performance requirements. This empowers designers and engineers to expedite the development of innovative products. By harnessing advanced computational capabilities, generative design software streamlines traditional design processes, enabling rapid exploration of numerous design alternatives. Consequently, optimized solutions that may have otherwise remained unexplored can be efficiently created.
The primary components of generative design software include software and services. Software comprises a set of instructions and data facilitating specific tasks or functions. Generative design software can be deployed on-premises or in the cloud, catering to organizations of various sizes, from small and medium-sized businesses (SMBs) to large enterprises. Its applications span across industries such as automotive, aerospace and defense, industrial manufacturing, construction, healthcare, education, energy, electronics, and consumer goods.
The generative design software market research report is one of a series of new reports from The Business Research Company that provides generative design software market statistics, including generative design software industry global market size, regional shares, competitors with a generative design software market share, detailed generative design software market segments, market trends and opportunities, and any further data you may need to thrive in the generative design software industry. This generative design software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The generative design software market size has grown rapidly in recent years. It will grow from $2.25 billion in 2024 to $2.68 billion in 2025 at a compound annual growth rate (CAGR) of 19.0%. The growth in the historic period can be attributed to technological advancements, growing demand for sustainable design solutions, increasing complexity in design requirements, rising adoption of additive manufacturing, and expanding application areas in various industries.
The generative design software market size is expected to see rapid growth in the next few years. It will grow to $5.33 billion in 2029 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period can be attributed to integration with artificial intelligence and machine learning, emergence of cloud-based generative design platforms, heightened focus on product customization and personalization, growing demand for efficient resource utilization in design processes, expansion of generative design applications in the architecture and construction industry. Major trends in the forecast period include AI-driven optimization, multi-disciplinary collaboration tools, increased automation in design iteration, enhanced sustainability metrics integration, and augmented reality (AR) for real-time design evaluation.
The growing deployment of cloud-based solutions is expected to drive the expansion of the generative design software market. Cloud-based solutions refer to software, services, or resources hosted and accessed remotely via the Internet, offering scalability, flexibility, and accessibility from any device with an Internet connection. The rise in the adoption of cloud-based solutions is driven by the demand for scalability, cost-efficiency, flexibility, and accessibility, enabling businesses to adapt to changing technological needs and improve operational efficiency. Cloud deployment for generative design software provides scalable computing power and facilitates collaborative design processes, enabling rapid iteration and optimization of complex designs. For example, a June 2024 report by AAG IT Services, a UK-based computer and services provider, revealed that AWS led the cloud infrastructure market in early 2022, with a 33% market share, followed by Microsoft Azure at 22% and Google Cloud at 10%, while other providers held the remaining 35%. Public cloud Platform-as-a-Service (PaaS) revenue reached $111 billion that year. Additionally, the global cloud market is expected to grow significantly, reaching an estimated $376.36 billion by 2029. By 2025, it is projected that the global cloud will store a massive 200 zettabytes (or 2 billion terabytes) of data. In 2022, 60% of corporate data was stored in the cloud, a figure that is expected to increase as cloud solutions continue to be widely adopted. Therefore, the rising deployment of cloud-based solutions is driving the growth of the generative design software market.
Key players in the generative design software market are honing their focus on crafting software embedded with cutting-edge technologies like 3D voxel display and voxel-based geometry kernel technology to elevate design process efficiency and precision. Voxel-based geometry kernel technology operates on a volumetric object representation, where each voxel denotes a point in a three-dimensional grid, while 3D voxel display technology visualizes three-dimensional objects using voxels. For instance, in June 2022, Hyperganic Group GmbH, a Germany-based entity specializing in generative design software and additive manufacturing solutions, introduced Hyperganic Core 3, the latest iteration of its algorithmic design software. This version integrates advanced AI technology for automated design workflows. Hyperganic Core leverages a bespoke geometry kernel employing 3D voxels, with a significant portion of the platform coded in Assembly, a low-level programming language. This approach ensures proximity to hardware and optimization across diverse processor architectures. Hyperganic Core 3 employs state-of-the-art GPU techniques for real-time display of each object particle, facilitating precise and intricate object depiction.
In August 2022, Carbon Inc., a US-based 3D printing technology leader, acquired ParaMatters Inc. for an undisclosed sum. This strategic acquisition bolsters Carbon Inc.'s software prowess, empowering product design and development teams to craft superior products swiftly using varied materials and production systems. ParaMatters Inc. is a US-based generative design software specialist.
Major companies operating in the generative design software market report are Siemens AG; HP Inc.; Accenture PLC; International Business Machines Corporation; SAP SE; Dassault Systemes SE; Hexagon AB; Autodesk Inc.; ANSYS Inc; PTC Inc.; Bentley Systems Inc.; Stratasys Ltd; Altair Engineering Inc.; GE Additive; Desktop Metal Inc.; ESI Group; Electro Optical Systems GmbH; SLM Solutions Group AG; Markforged Inc; ExOne Operating LLC; Synera GmbH; Caracol AM; nTopology Inc.; Diabatix nv; 3D Systems Inc
North America was the largest region in the generative design software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative design software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the generative design software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The generative design software market includes revenues earned by entities by parametric modeling, topology optimization, lattice structure generation, and design exploration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Generative Design Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on generative design software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for generative design software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The generative design software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.