Simulation Market to Skyrocket from USD 72.44 Billion in 2024 to USD 172.33 Billion by 2033 | Astute Analytica [Yahoo! Finance]
General Electric Company (GE)
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Source: Yahoo! Finance
accelerate product development, optimize operations, and enhance predictive accuracy across healthcare, aerospace, automotive, and industrial sectors. North America leads adoption with advanced technology infrastructure, while digital twins, CAD/CFD solutions, and AI integration are reshaping simulation capabilities worldwide. Chicago, Jan. 19, 2026 (GLOBE NEWSWIRE) -- The global simulation market was valued at 72.44 billion in 2024 and is expected to reach US$ 172.33 billion by 2033, growing at a CAGR of 11.44% from 2025 to 2033. Simulation represents an imitative representation of real-world processes or systems via computational models, allowing organizations to test scenarios, optimize operations, and predict outcomes without real-world risks. The simulation market is experiencing unprecedented growth, which is mainly driven by digital transformation initiatives across industries. Key factors fueling demand include the need for cost-effective training solutions, with companies
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- 10/22/25 - Beat
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- 12/18/25 - Form 4
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