2021 CAE Market Snapshots Version 1 Released

Simulation software will reach $8.3 billion in 2020.

Simulation software will reach $8.3 billion in 2020.

Cambashi and intrinSIM have updated the CAE Market Observatories and the CAE Market Snapshots to account for the impact of the pandemic.  The first observation indicates that the impact of the pandemic on the CAE market was not as severe as forecast in 2020, as the CAE market grew 4.6% in 2020. 

The second observation indicates that the CAE market is expected to rebound at a growth of 13.4% in 2021. Due to the unpredictable nature of the pandemic the companies are planning two updates of the CAE Market Snapshots in 2021. Anyone who buys the first version will also receive the second version at no additional cost, according to the companies.

The CAE Market Snapshots are based on an active Cambashi/intrinSIM collaboration that leverages a combination of Cambashi analysis methodologies with intrinSIM CAE Market knowledge/insights to enable comprehensive CAE related market data that anyone can afford.  

The report is based on a review of 480 CAE software vendors. The CAE market data accounts for the impact of COVID-19. Snapshots are available for the overall CAE market and multiple segments of three axes of perspective (Application/Capability/Industry). People can choose the market axes/segments of interest to you. Only pay for the data of interest to you. 

The CAE Market Snapshots offer cost-effective insights into the overall CAE market and different segments of the CAE Market and allow for the selection of the data segments of interest.

The result of the intrinSIM/Cambashi collaboration is a multi-level approach with depth, breadth, and granularity on revenue data related to CAE applications, capabilities, and industry usage to support insights and decisions at the appropriate level for each client, the companies report.

To order, click here.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

Share This Article

Subscribe to our FREE magazine, FREE email newsletters or both!

Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.


About the Author

DE Editors's avatar
DE Editors

DE’s editors contribute news and new product announcements to Digital Engineering.
Press releases may be sent to them via [email protected].

Follow DE
#25418