For all industries ranging from chemicals, pharmaceuticals, food and beverages, car and machine tool industries, industrial software has revolutionized the innovation cycles by virtually creating, testing and optimizing products, and thereby slashing time and costs. A highly consolidated industry with top four companies controlling about three fourth of the global market, the industrial software market is characterized by the presence of large automation companies. The market is lucrative as it offers huge profit margins and organic growth is also very high.
Acquisitions are a major trend in the industrial software business. Global Industrial Software Market - Trends & Opportunities 2014-2019) provides an in-depth analysis of the global industrial software market. It is a comprehensive guide to the market size and growth prospects. The report covers specific insights on the market size, penetration, drivers, developments and future outlook of the Industrial Software market globally.
Also, the key opportunities, the factors driving growth of the market and challenges being faced by the players in the industry are outlined and analyzed in the forecast period (2014-19). The report also considers market environment factors, details industry structure, evaluates company market share and further, key players of the industry like ABB, Schneider and Siemens are profiled.