Geotechnical Design Software Market 2021
AbsoluteMarketsInsights Presents “Geotechnical Design Software Market Research Report –Global Forecast to 2030” New Document to its Studies Database
Geotechnical design softwares are designed to deal with geotechnical issues such as slope stability, seismic analysis, foundations and others. These softwares help in analyzing the behavior of rock slopes, soil structure before laying foundation and help evaluate the instability of the rocks affected by seismic movements or presence of water pressure within the intersurface. The design of a foundation plays a crucial role in determining the stability and longevity of a structure. This function is highly specialized in nature and requires a fundamentally skilled structural designer. Extensive study of ground below the foundation, along with other factors such as materials used, load bearing, etc., needs to be performed below designing foundations. This is driving the need of geotechnical design software market.
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Major Key Players:
Some of the players operating in the global geotechnical design software market are Agile Frameworks, Bentley Systems, Datasurge, Deep Excavation LLC, Ensoft Inc., Fine spol. s.r.o., Geocentrix Ltd., Geocomp Corporation, GEOSTRU, Geotechnical Engineering Modelling Software (GEMS) LLP, GGU-Software, MIDA IT Co., Ltd., Novo Tech Software. Oasys, Optum Computational Engineering, Rocscience Inc., Spectra QEST, TAGA Engineering Software Ltd., Tensar International Corporation, Vista Data Vision, Other Market Participants.
Key Findings of the Report:
The geotechnical design software market was valued at US$ 763.53 Mn in 2020 and is anticipated to reach US$ 2676.88 Mn by 2029 growing at a CAGR of 15.01% over the forecast period (2021 – 2029).
Based on offerings outlook, the global geotechnical design software market is segmented primarily by solutions and services. The solutions segment accounted for the major market share in 2020.
By platform, web-based segment recorder for the highest market share in global geotechnical design software market in 2020.
By application, excavation design category accounted the highest market share in 2020.
On the basis of pricing model, subscription/lease segment recorded for the highest market share in 2020.
By end-user, construction and civil engineering registered the highest market share in 2020.
By region, North America accounted for the highest share in the global geotechnical design software market in 2020.
Market Segmentation
By Offering
Solutions
Cloud
On Premise
Services
By Platform
Web-based
App-based
By Application
Excavation Design
Walls and Gabions
Shallow and Deep Foundations
Settlement Analysis
Tunnels and Shafts
Others
By Pricing Model
One-time Purchase
Subscription/Lease
By End-User
Mining
Oil and Gas
Construction and Civil Engineering
Energy and Utilities
Government
Education Institutes
Others
By Region
North America
U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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Absolute Markets Insights
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