Electromagnetic Simulation Software Market Report 2025

The electromagnetic simulation software market size has grown rapidly in recent years. It will grow from $2.42 billion in 2024 to $2.87 billion in 2025 at a compound annual growth rate (CAGR) of 18.5%. The growth during the historic period can be attributed to the rising adoption of wireless communication systems, increased use of radar and satellite technologies, growing demand for electronic warfare solutions, the expansion of automotive electronics applications, and greater reliance on aerospace testing tools.

The electromagnetic simulation software market size is expected to see rapid growth in the next few years. It will grow to $5.6 billion in 2029 at a compound annual growth rate (CAGR) of 18.2%.The growth during the forecast period is expected to result from increasing demand for mmWave and 5G technologies, rising emphasis on autonomous vehicle systems, expansion of electric and hybrid vehicle production, growing investment in defense modernization programs, and the increasing need for accurate compliance testing. Key trends in this period include advancements in simulation algorithms, innovations in 3D modeling and meshing tools, heightened investment in research and development, development of AI-powered simulation platforms, and progress in high-performance computing integration.

The growing demand for high-speed connectivity in telecommunications is expected to drive the expansion of the electromagnetic simulation software market. High-speed connectivity enables the rapid transmission of large volumes of data over advanced networks such as 4G, 5G, and fiber-optic systems. This demand is increasing due to the widespread use of data-intensive applications such as video conferencing, online gaming, and cloud computing, which require low latency and uninterrupted performance. Electromagnetic simulation software supports this growth by providing accurate modeling of high-frequency components and optimizing signal transmission efficiency. For example, according to the GSM Association, the number of 5G connections is projected to reach 2 billion by 2025, representing over 20% of total mobile connections, with more than 40% of the global population expected to have 5G access. The rising demand for high-speed connectivity is therefore fueling growth in the electromagnetic simulation software market.

Companies in the electromagnetic simulation software market are developing innovative solutions to enhance high-frequency design accuracy, speed, and workflow efficiency. Circuit-EM co-design automation, for instance, integrates circuit simulation with electromagnetic simulation tools to optimize the design and performance of high-frequency components efficiently. In June 2023, Keysight Technologies launched PathWave Advanced Design System (ADS) 2024 to advance 5G and emerging 6G wireless component design. This version includes faster 3D electromagnetic solvers, improved electrothermal validation, advanced layout and verification features, and expanded automation capabilities, allowing designers to address challenges such as mmWave signal loss, multi-process module integration, and power amplifier optimization more effectively.

In May 2022, Ansys Inc., a US-based engineering simulation software company, acquired Motor Design Limited to strengthen its electric machine simulation capabilities. The acquisition enables Ansys to integrate Motor-CAD’s advanced electric machine design tools into its electronics portfolio, providing a comprehensive multiphysics workflow for developing more efficient and sustainable electric machines. Motor Design Limited, based in the UK, specializes in electromagnetic simulation software for electric machine design and analysis.

Major players in the electromagnetic simulation software market are Siemens AG, Dassault Systèmes SE, Keysight Technologies Inc., Synopsys Inc., Cadence Design Systems Inc., Zuken Inc., COMSOL Inc., SimScale GmbH, IMST GmbH, Nullspace Inc., EMWorks Inc., Remcom Inc., Modelithics Inc., Lorentz Solution Inc., Sonnet Software Inc., Tera Analysis Ltd., Crosslight Software Inc., JCMwave GmbH, Applied Simulation Tech Inc., and Vector Fields Inc.

North America was the largest region in the electromagnetic simulation software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electromagnetic simulation software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electromagnetic simulation software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

Electromagnetic simulation software consists of advanced computer-based tools that use numerical methods to model and analyze the behavior of electric and magnetic fields. These tools enable engineers to evaluate electromagnetic performance without physical testing, supporting the design and optimization of components such as antennas, radars, sensors, and circuit boards, thereby reducing development time and improving accuracy across industries.

The main components of electromagnetic simulation software include software and services. The software comprises platforms and tools for simulating electromagnetic behavior across various environments. Deployments can be on-premises, cloud-based, or hybrid. Applications span antenna design, electromagnetic compatibility, microwave and RF component design, radar and satellite systems, automotive electronics, medical devices, and more. Key end-users include automotive, aerospace and defense, electronics and electrical, healthcare, telecommunications, and other sectors.

The electromagnetic simulation software market research report is one of a series of new reports that provides electromagnetic simulation software market statistics, including electromagnetic simulation software industry global market size, regional shares, competitors with a electromagnetic simulation software market share, detailed electromagnetic simulation software market segments, market trends and opportunities, and any further data you may need to thrive in the electromagnetic simulation software industry. This electromagnetic simulation software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The electromagnetic simulation software market consists of revenues earned by entities by providing services such as electromagnetic field modeling, signal propagation analysis, interference detection, virtual prototyping, and design verification. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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