• According to Dhirtek Business Research, “global generative design software market by component (solution, services), deployment model (on-premises and cloud-based), enterprise size (small & medium enterprises and large enterprises), application (product design & development, cost optimization), industry (manufacturing, construction)” generated revenue of US$ 145.7 million in 2020 and is expected to reach US$ 295.2 million by 2025 with a CAGR of 15.2% in the forecast period.
• Based on the region, the generative design software market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America holds a dominant position in the market in 2020 and is expected to remain dominant over the forecast period. The numerous technological advances, growing investment in computational design software and has the highest number of vendors in this region accelerated the market. Moreover, Asia Pacific expected to grow with the highest CAGR in the forecast period. China, India, and Japan are some of the market-driven countries in this region.
• Based on industry, the segment of construction is projected to expand at the fastest CAGR in the forecast period. Also, the manufacturing segment holds a dominant market position in 2020 and is expected to remain dominant throughout the forecast period.
• Based on the application, the segment of cost optimization is projected to expand at the fastest CAGR in the forecast period. Also, the product design & development segment holds a dominant market position in 2020 and is expected to remain dominant throughout the forecast period.
• Based on the size of the enterprise, the segment of small and medium-sized enterprises is projected to expand at the fastest CAGR in the forecast period. Also, the large enterprise segment holds a dominant market position in 2020 and is expected to remain dominant throughout the forecast period.
• Based on the deployment model, the cloud-based deployment model is expected to grow with the highest CAGR during the forecast period. Moreover, the on-premises deployment model holds the dominating position of the market in 2020 and is expected to retain its dominance throughout the forecast period.
• The research report provides a detailed analysis of the global market dynamics in generative design software. Considering 2019 as the base year, the study presents estimated market data for the 2020 to 2025 forecast period.
• The report includes the generative design software market for various industries across different geographic regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). It also focuses on key developments and threats impacting the market and the vendor landscape.
• The study contains a chapter explaining the impact of COVID 19 on the global market for generative design software. The study further discusses the key factors, the business environment, and emerging developments in the generative design software market. The study ends with an overview of the generative design software providers and provides comprehensive profiles of the key players in the global generative design software market.

Scope of the report:

Generative Design Software Market Players:

• Some of the major players of generative design software market are Altair Engineering, Inc., Ansys, Inc., Autodesk Inc., Bentley System. Incorporated, Dassault Systèmes, Desktop Metal, Inc., Esi Group, Msc Software, Ntopology, Inc., Paramatters. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances and mergers and acquisitions to create disruptive technologies and consumer networks.