Model Based Enterprise Market worth $27.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Key Facts

• The global model based enterprise market size is expected to grow from USD 13.6 billion in 2024 to USD 27.1 billion by 2029, at a CAGR of 14.9% from 2024 to 2029 according to a new report by MarketsandMarkets™.
• Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122038238 Browse in-depth TOC on "Model Based Enterprise Market" 150 – Tables 70 – Figures 250 – Pages Model Based Enterprise Market Report Scope: Report Coverage Details Market Revenue in 2024 $ 13.6 billion Estimated Value by 2029 $ 27.1 billion Growth Rate Poised to grow at a CAGR of 14.9% Market Size Available for 2020–2029 Forecast Period 2024–2029 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Offering, Deployment Type, Industry and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Lack of security issues associated with MBE online platform Key Market Opportunities Rising adoption of digital twin and digital thread technologies Key Market Drivers Increasing adoption of cloud-based platforms The market for solutions segment is expected to gain a largest market share during the forecast period.
• Automotive is a vast industry that witnesses massive technological developments and innovations at a rapid rate due to the popularity of automotive brands and their ability to deliver excellent customer experience.
• The US has the presence of many manufacturers, software developers, and technology providers that play a vital role in the adoption of MBE for various applications.

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