What Happened
CAE Market Growth Driven by AI-Powered Simulation and Digital Twins
The Computer-Aided Engineering market is projected to grow from $12.28 billion in 2025 to $19.96 billion by 2030, driven by the increasing need for simulation-driven design and digital engineering tools. The market is expected to be led by the Finite Element Analysis segment, with cloud deployment registering the highest CAGR during the forecast period. Key players in the market include Ansys, Dassault Systèmes, and Siemens, according to a report by MarketsandMarkets.