PUBLISHER: KBV Research | PRODUCT CODE: 1472564
PUBLISHER: KBV Research | PRODUCT CODE: 1472564
LAMEA Model Based Enterprise Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Deployment Mode (On-premise and Cloud), By Vertical, By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa Model Based Enterprise Market would witness market growth of 16.9% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Model Based Enterprise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $780.2 million by 2031. The Argentina market is showcasing a CAGR of 17.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 16.5% during (2024 - 2031).
The automotive industry relies on MBE for product design, manufacturing, and supply chain management. MBE enables automotive manufacturers to design and simulate vehicle components, optimize manufacturing processes, and improve supply chain coordination. By leveraging digital models throughout the product lifecycle, automotive companies can reduce time-to-market, enhance product quality, and address sustainability challenges.
Furthermore, the electronics and semiconductor industry relies on MBE for product design, prototyping, and manufacturing process optimization. MBE enables electronics manufacturers to create digital models of electronic components, simulate circuit behavior, and optimize production processes. By leveraging MBE, electronics companies can reduce time-to-market, improve product reliability, and meet the demands of rapidly evolving technology trends.
As the UAE invests in digital transformation initiatives, there is a growing need for skills development and workforce training in MBE technologies and practices. The UAE has one of the biggest data center hubs in the Middle East, and more are on the horizon, according to the International Trade Administration (ITA). By 2026, additional investments of up to $1 billion are anticipated. Between 2022 and 2027, the UAE data center sector is predicted to expand at a rate of 3.43% on average. Similarly, Saudi Arabia is known for its extensive oil reserves and ongoing investment in mega oil projects, such as exploration, drilling, production, and refining initiatives. According to the ITA, Saudi Arabia is one of the world's top exporters of petroleum products and holds around 17% of the world's proven petroleum reserves. The world's second-largest proven oil reserves are found in Saudi Arabia. In 2022, Aramco's average hydrocarbon production was 13.6 mmbpd (million barrel per day), including 11.5 mmbpd of crude oil. Saudi Aramco boasts that it produces the lowest-carbon barrel of oil in the industry and has committed to achieve net-zero emissions by 2050, outstripping the government's 2060 net-zero target. In conclusion, the increasing digital transformation and growing regional oil sector are driving the market's growth.
Based on Offering, the market is segmented into Solution and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Vertical, the market is segmented into Aerospace, Electronics & Telecommunications, Construction, Healthcare & Lifesciences, Food & Beverages, Marine, Oil & Gas, Automotive and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Siemens AG
- PTC, Inc.
- Dassault Systemes SE
- SAP SE
- HCL Technologies Ltd. (HCL Enterprises)
- Oracle Corporation
- Wipro Limited
- ANSYS, Inc.
- General Electric Company
- Cisco Systems, Inc.
LAMEA Model Based Enterprise Market Report Segmentation
By Offering
- Solution
- Services
By Deployment Mode
- On-premise
- Cloud
By Vertical
- Aerospace
- Electronics & Telecommunications
- Construction
- Healthcare & Lifesciences
- Food & Beverages
- Marine
- Oil & Gas
- Automotive
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Model Based Enterprise Market, by Offering
- 1.4.2LAMEA Model Based Enterprise Market, by Deployment Mode
- 1.4.3LAMEA Model Based Enterprise Market, by Vertical
- 1.4.4LAMEA Model Based Enterprise Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis- Global
- 4.1Market Share Analysis, 2023
- 4.2Porter Five Forces Analysis
Chapter 5.LAMEA Model Based Enterprise Market by Offering
- 5.1LAMEA Solution Market by Country
- 5.2LAMEA Services Market by Country
Chapter 6.LAMEA Model Based Enterprise Market by Deployment Mode
- 6.1LAMEA On-premise Market by Country
- 6.2LAMEA Cloud Market by Country
Chapter 7.LAMEA Model Based Enterprise Market by Vertical
- 7.1LAMEA Aerospace Market by Country
- 7.2LAMEA Electronics & Telecommunications Market by Country
- 7.3LAMEA Construction Market by Country
- 7.4LAMEA Healthcare & Lifesciences Market by Country
- 7.5LAMEA Food & Beverages Market by Country
- 7.6LAMEA Marine Market by Country
- 7.7LAMEA Oil & Gas Market by Country
- 7.8LAMEA Automotive Market by Country
- 7.9LAMEA Others Market by Country
Chapter 8.LAMEA Model Based Enterprise Market by Country
- 8.1Brazil Model Based Enterprise Market
- 8.1.1Brazil Model Based Enterprise Market by Offering
- 8.1.2Brazil Model Based Enterprise Market by Deployment Mode
- 8.1.3Brazil Model Based Enterprise Market by Vertical
- 8.2Argentina Model Based Enterprise Market
- 8.2.1Argentina Model Based Enterprise Market by Offering
- 8.2.2Argentina Model Based Enterprise Market by Deployment Mode
- 8.2.3Argentina Model Based Enterprise Market by Vertical
- 8.3UAE Model Based Enterprise Market
- 8.3.1UAE Model Based Enterprise Market by Offering
- 8.3.2UAE Model Based Enterprise Market by Deployment Mode
- 8.3.3UAE Model Based Enterprise Market by Vertical
- 8.4Saudi Arabia Model Based Enterprise Market
- 8.4.1Saudi Arabia Model Based Enterprise Market by Offering
- 8.4.2Saudi Arabia Model Based Enterprise Market by Deployment Mode
- 8.4.3Saudi Arabia Model Based Enterprise Market by Vertical
- 8.5South Africa Model Based Enterprise Market
- 8.5.1South Africa Model Based Enterprise Market by Offering
- 8.5.2South Africa Model Based Enterprise Market by Deployment Mode
- 8.5.3South Africa Model Based Enterprise Market by Vertical
- 8.6Nigeria Model Based Enterprise Market
- 8.6.1Nigeria Model Based Enterprise Market by Offering
- 8.6.2Nigeria Model Based Enterprise Market by Deployment Mode
- 8.6.3Nigeria Model Based Enterprise Market by Vertical
- 8.7Rest of LAMEA Model Based Enterprise Market
- 8.7.1Rest of LAMEA Model Based Enterprise Market by Offering
- 8.7.2Rest of LAMEA Model Based Enterprise Market by Deployment Mode
- 8.7.3Rest of LAMEA Model Based Enterprise Market by Vertical
Chapter 9.Company Profiles
- 9.1PTC, Inc.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Research & Development Expenses
- 9.1.4Recent strategies and developments:
- 9.1.4.1Partnerships, Collaborations, and Agreements:
- 9.1.4.2Acquisition and Mergers:
- 9.2ANSYS, Inc.
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Regional Analysis
- 9.2.4Research & Development Expenses
- 9.3Dassault Systemes SE
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5Recent strategies and developments:
- 9.3.5.1Partnerships, Collaborations, and Agreements:
- 9.3.5.2Product Launches and Product Expansions:
- 9.3.6SWOT Analysis
- 9.4SAP SE
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5SWOT Analysis
- 9.5HCL Technologies Ltd. (HCL Enterprises)
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5SWOT Analysis
- 9.6Oracle Corporation
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5SWOT Analysis
- 9.7Wipro Limited
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5SWOT Analysis
- 9.8General Electric Company
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expense
- 9.8.5SWOT Analysis
- 9.9Cisco Systems, Inc.
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Regional Analysis
- 9.9.4Research & Development Expense
- 9.9.5SWOT Analysis
- 9.10.Siemens AG
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5Recent strategies and developments:
- 9.10.5.1Product Launches and Product Expansions:
- 9.10.5.2Acquisition and Mergers:
- 9.10.6SWOT Analysis
LIST OF TABLES
- TABLE 1LAMEA Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 2LAMEA Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 3LAMEA Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 4LAMEA Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 5LAMEA Solution Market by Country, 2020 - 2023, USD Million
- TABLE 6LAMEA Solution Market by Country, 2024 - 2031, USD Million
- TABLE 7LAMEA Services Market by Country, 2020 - 2023, USD Million
- TABLE 8LAMEA Services Market by Country, 2024 - 2031, USD Million
- TABLE 9LAMEA Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 10LAMEA Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 11LAMEA On-premise Market by Country, 2020 - 2023, USD Million
- TABLE 12LAMEA On-premise Market by Country, 2024 - 2031, USD Million
- TABLE 13LAMEA Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 14LAMEA Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 15LAMEA Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 16LAMEA Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 17LAMEA Aerospace Market by Country, 2020 - 2023, USD Million
- TABLE 18LAMEA Aerospace Market by Country, 2024 - 2031, USD Million
- TABLE 19LAMEA Electronics & Telecommunications Market by Country, 2020 - 2023, USD Million
- TABLE 20LAMEA Electronics & Telecommunications Market by Country, 2024 - 2031, USD Million
- TABLE 21LAMEA Construction Market by Country, 2020 - 2023, USD Million
- TABLE 22LAMEA Construction Market by Country, 2024 - 2031, USD Million
- TABLE 23LAMEA Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
- TABLE 24LAMEA Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
- TABLE 25LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
- TABLE 26LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
- TABLE 27LAMEA Marine Market by Country, 2020 - 2023, USD Million
- TABLE 28LAMEA Marine Market by Country, 2024 - 2031, USD Million
- TABLE 29LAMEA Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 30LAMEA Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 31LAMEA Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 32LAMEA Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 33LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 34LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 35LAMEA Model Based Enterprise Market by Country, 2020 - 2023, USD Million
- TABLE 36LAMEA Model Based Enterprise Market by Country, 2024 - 2031, USD Million
- TABLE 37Brazil Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 38Brazil Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 39Brazil Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 40Brazil Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 41Brazil Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 42Brazil Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 43Brazil Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 44Brazil Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 45Argentina Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 46Argentina Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 47Argentina Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 48Argentina Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 49Argentina Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 50Argentina Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 51Argentina Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 52Argentina Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 53UAE Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 54UAE Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 55UAE Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 56UAE Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 57UAE Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 58UAE Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 59UAE Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 60UAE Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 61Saudi Arabia Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 62Saudi Arabia Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 63Saudi Arabia Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 64Saudi Arabia Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 65Saudi Arabia Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 66Saudi Arabia Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 67Saudi Arabia Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 68Saudi Arabia Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 69South Africa Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 70South Africa Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 71South Africa Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 72South Africa Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 73South Africa Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 74South Africa Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 75South Africa Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 76South Africa Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 77Nigeria Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 78Nigeria Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 79Nigeria Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 80Nigeria Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 81Nigeria Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 82Nigeria Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 83Nigeria Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 84Nigeria Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 85Rest of LAMEA Model Based Enterprise Market, 2020 - 2023, USD Million
- TABLE 86Rest of LAMEA Model Based Enterprise Market, 2024 - 2031, USD Million
- TABLE 87Rest of LAMEA Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
- TABLE 88Rest of LAMEA Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
- TABLE 89Rest of LAMEA Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
- TABLE 90Rest of LAMEA Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
- TABLE 91Rest of LAMEA Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
- TABLE 92Rest of LAMEA Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
- TABLE 93key Information - PTC, Inc.
- TABLE 94Key Information - ANSYS, Inc.
- TABLE 95Key Information - Dassault Systemes SE
- TABLE 96Key Information - SAP SE
- TABLE 97Information - HCL Technologies Ltd.
- TABLE 98Key Information - Oracle Corporation
- TABLE 99Key Information - Wipro Limited
- TABLE 100Key Information - General Electric Company
- TABLE 101Key Information - Cisco Systems, Inc.
- TABLE 102Key Information - Siemens AG
