SmarTech Analysis has published a new iteration of their flagship market study, “Opportunities in Additive Manufacturing Software Markets 2023”. The comprehensive market study indicates that 3D printing software revenues will reach $6.2B in 2031 compared with $1.2B this year.
The additive manufacturing software market is evolving at a pace now consistent with the printer segment of the last two years and is expected to grow faster than previously projected. The leading trend in the segment powering this expansion is the connecting of key elements of the AM software workflow, now well-defined after years of development, into end-to-end platforms.
This report focuses on the future of additive manufacturing software functions, which are centered around process simulation, intelligent design optimization, and additive manufacturing execution systems (MES). It also provides an analysis of the current state of the market showing how AM software is now growing well beyond the somewhat niche-like status it once occupied.
SmarTech’s reports on AM software have become adopted across the entire AM industry by companies looking for an off-the-shelf source of detailed market data and forecasts for AM software, with critical insights on leading market sectors and commentary on industry dynamics. Some of the major vendors profiled in this report include: 3D Systems, Autodesk, Stratasys, Materialise, Siemens, GE Additive, Authentise, Markforged, Hexagon, and more.
The report also includes a comprehensive market sizing and ten-year market forecast with breakouts by software tool type, adopting end-user industry, and opportunities for software by additive technology segment for both polymer and metals.
The full report can be found here.
Find out more about SmarTech Analysis at smartechanalysis.com.