From GlobeNewswire: 2024-04-15 08:00:00

The global model-based enterprise market is set to double from USD 13.6 billion in 2024 to USD 27.1 billion by 2029, with a growth rate of 14.9%. Companies are turning to digital solutions like AI, CNC machining, and 3D printing to boost efficiency and cut costs. Siemens, PTC, and Dassault Systèmes are key players in this market, among others.

Siemens is a major technology provider focused on automation and digitalization. The company operates in over 190 countries and offers model-based enterprise solutions through its Digital Industries business segment.

PTC is a leading provider of CAD and PLM software solutions, helping manufacturers create and service products. The company also offers IoT solutions for secure device connection and data analysis.

Dassault Systèmes is known for its 3D design and product life cycle management software. With a diverse software portfolio, the company serves various industries, including transportation and aerospace, across 42 countries.



Read more at GlobeNewswire: Model Based Enterprise Companies – Dassault Systèmes