The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the generative design software market in recent years?
The increasing deployment of cloud-based solutions is expected to propel the generative design software market going forward. Cloud-based solutions refer to software, services, or resources that are hosted and accessed remotely via the Internet, offering scalability, flexibility, and accessibility from any device with an Internet connection. The increasing deployment of cloud-based solutions is driven by the demand for scalability, cost-efficiency, flexibility, and accessibility, enabling businesses to adapt to evolving technological needs and enhance operational efficiency. Cloud deployment for generative design software enables scalable computing power and collaborative design processes, facilitating rapid iteration and optimization of complex designs with ease. For instance, in a June 2024 report by AAG IT Services an UK-based computer and services provider, the AWS led the cloud infrastructure market in early 2022, holding a 33% share, followed by Microsoft Azure with 22%, and Google Cloud at 10%, while other providers accounted for 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 vast 200 zettabytes (or 2 billion terabytes) of data. In 2022, 60% of corporate data was stored in the cloud, a figure anticipated to rise as cloud solutions continue to gain widespread adoption. Therefore, the increasing deployment of cloud-based solutions is driving the growth of the generative design software market.
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What is the projected market size of the generative design software industry, and how is it expected to grow?
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.
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Who are the key players driving competition in the generative design software market?
Major companies operating in the generative design software market report are Siemens AG; HP Inc.; Accenture PLC; International Business Machines Corporation; SAP SE; Dassault Systèmes 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
What key trends are expected to drive the generative design market during the forecast period?
Major companies operating in the generative design software market are focused on developing software with advanced technology such as 3D voxel display and voxel-based geometry kernel technology to enhance the efficiency and precision of design processes. Voxel-based geometry kernel refers to a technology used in computer graphics and design, and it operates on a volumetric representation of objects, where each voxel represents a point in a three-dimensional grid, and 3D voxel display is a type of technology used to visualize three-dimensional objects using voxels. For instance, in June 2022, Hyperganic Group GmbH, a Germany-based company that specializes in generative design software and additive manufacturing solutions, launched the newest version of Hyperganic’s algorithmic design software, Hyperganic Core 3, which incorporated advanced AI technology for automated design processes. The foundation of Hyperganic Core relies on a customized geometry kernel utilizing 3D voxels, while a significant portion of the platform is coded in Assembly, a low-level programming language positioned just above binary machine code. This approach ensures proximity to hardware and optimization across diverse processor architectures. It employs cutting-edge GPU techniques to display each particle constituting the object in real time, enabling precise and detailed object representation.
Which key geographies are driving the growth of the generative design software market?
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.
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What are the key segments driving growth in the generative design software market?
The generative design software market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment: On-Premises, Cloud
3) By Organization Size: Small And Medium-sized Businesses (SMBs), Large Enterprises
4) By Application: Automotive, Aerospace And Defense, Industrial Manufacturing, Building, Healthcare, Education, Energy, Electronics And Consumer Goods
Subsegments:
1) By Software: Topology Optimization Software, Parametric Design Tools, Simulation And Analysis Software, Algorithmic Design Platforms, 3D Modeling And CAD Integration Software
2) By Services: Generative Design Consulting, Custom Software Development, Implementation And Integration Services, Training And Support Services
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How is the generative design software market defined, and what are its core characteristics?
Generative design software is a computer-aided tool that uses machine intelligence and algorithms to generate and explore a wide range of manufacturing-ready solutions based on specific product cost, materials, and performance constraints, enabling designers and engineers to accelerate the delivery of innovative products. It revolutionizes traditional design processes by leveraging advanced computational capabilities to rapidly iterate through countless design alternatives, ultimately enabling the creation of optimized solutions that may have otherwise remained undiscovered.
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