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.

Free Valuable Insights: The Worldwide Model Based Enterprise Market is Projected to reach USD 34.5 Billion by 2031, at a CAGR of 14.5%

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

Chapter 1. MarketScope & Methodology
1.1 MarketDefinition
1.2 Objectives
1.3 MarketScope
1.4 Segmentation
1.4.1 LAMEA Model Based Enterprise Market, by Offering
1.4.2 LAMEA Model Based Enterprise Market, by Deployment Mode
1.4.3 LAMEA Model Based Enterprise Market, by Vertical
1.4.4 LAMEA Model Based Enterprise Market, by Country
1.5 Methodology for the research

Chapter 2. Marketat a Glance
2.1 Key Highlights

Chapter 3. MarketOverview
3.1 Introduction
3.1.1 Overview
3.1.1.1 MarketComposition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 MarketDrivers
3.2.2 MarketRestraints
3.2.3 MarketOpportunities
3.2.4 MarketChallenges

Chapter 4. Competition Analysis- Global
4.1 MarketShare Analysis, 2023
4.2 Porter Five Forces Analysis

Chapter 5. LAMEA Model Based Enterprise Market by Offering
5.1 LAMEA Solution Market by Country
5.2 LAMEA Services Market by Country

Chapter 6. LAMEA Model Based Enterprise Market by Deployment Mode
6.1 LAMEA On-premise Market by Country
6.2 LAMEA Cloud Market by Country

Chapter 7. LAMEA Model Based Enterprise Market by Vertical
7.1 LAMEA Aerospace Market by Country
7.2 LAMEA Electronics & Telecommunications Market by Country
7.3 LAMEA Construction Market by Country
7.4 LAMEA Healthcare & Lifesciences Market by Country
7.5 LAMEA Food & Beverages Market by Country
7.6 LAMEA Marine Market by Country
7.7 LAMEA Oil & Gas Market by Country
7.8 LAMEA Automotive Market by Country
7.9 LAMEA Others Market by Country

Chapter 8. LAMEA Model Based Enterprise Market by Country
8.1 Brazil Model Based Enterprise Market
8.1.1 Brazil Model Based Enterprise Market by Offering
8.1.2 Brazil Model Based Enterprise Market by Deployment Mode
8.1.3 Brazil Model Based Enterprise Market by Vertical
8.2 Argentina Model Based Enterprise Market
8.2.1 Argentina Model Based Enterprise Market by Offering
8.2.2 Argentina Model Based Enterprise Market by Deployment Mode
8.2.3 Argentina Model Based Enterprise Market by Vertical
8.3 UAE Model Based Enterprise Market
8.3.1 UAE Model Based Enterprise Market by Offering
8.3.2 UAE Model Based Enterprise Market by Deployment Mode
8.3.3 UAE Model Based Enterprise Market by Vertical
8.4 Saudi Arabia Model Based Enterprise Market
8.4.1 Saudi Arabia Model Based Enterprise Market by Offering
8.4.2 Saudi Arabia Model Based Enterprise Market by Deployment Mode
8.4.3 Saudi Arabia Model Based Enterprise Market by Vertical
8.5 South Africa Model Based Enterprise Market
8.5.1 South Africa Model Based Enterprise Market by Offering
8.5.2 South Africa Model Based Enterprise Market by Deployment Mode
8.5.3 South Africa Model Based Enterprise Market by Vertical
8.6 Nigeria Model Based Enterprise Market
8.6.1 Nigeria Model Based Enterprise Market by Offering
8.6.2 Nigeria Model Based Enterprise Market by Deployment Mode
8.6.3 Nigeria Model Based Enterprise Market by Vertical
8.7 Rest of LAMEA Model Based Enterprise Market
8.7.1 Rest of LAMEA Model Based Enterprise Market by Offering
8.7.2 Rest of LAMEA Model Based Enterprise Market by Deployment Mode
8.7.3 Rest of LAMEA Model Based Enterprise Market by Vertical

Chapter 9. Company Profiles
9.1 PTC, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Acquisition and Mergers:
9.2 ANSYS, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.3 Dassault Systemes SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 SAP SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 HCL Technologies Ltd. (HCL Enterprises)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 General Electric Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Cisco Systems, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Siemens AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis

TABLE 1 LAMEA Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 4 LAMEA Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 5 LAMEA Solution Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Solution Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Services Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Services Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 10 LAMEA Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 11 LAMEA On-premise Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA On-premise Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Cloud Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Cloud Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 16 LAMEA Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 17 LAMEA Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Electronics & Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Electronics & Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Construction Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Construction Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Marine Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Marine Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Model Based Enterprise Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Model Based Enterprise Market by Country, 2024 - 2031, USD Million
TABLE 37 Brazil Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 38 Brazil Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 39 Brazil Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 40 Brazil Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 41 Brazil Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 42 Brazil Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 43 Brazil Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 44 Brazil Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 45 Argentina Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 46 Argentina Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 47 Argentina Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 48 Argentina Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 49 Argentina Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 50 Argentina Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 51 Argentina Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 52 Argentina Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 53 UAE Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 54 UAE Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 55 UAE Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 56 UAE Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 57 UAE Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 58 UAE Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 59 UAE Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 60 UAE Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 63 Saudi Arabia Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 64 Saudi Arabia Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 69 South Africa Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 70 South Africa Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 71 South Africa Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 72 South Africa Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 73 South Africa Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 74 South Africa Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 75 South Africa Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 76 South Africa Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 77 Nigeria Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 78 Nigeria Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 79 Nigeria Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 80 Nigeria Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 81 Nigeria Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 82 Nigeria Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 83 Nigeria Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 84 Nigeria Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Model Based Enterprise Market, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA Model Based Enterprise Market, 2024 - 2031, USD Million
TABLE 87 Rest of LAMEA Model Based Enterprise Market by Offering, 2020 - 2023, USD Million
TABLE 88 Rest of LAMEA Model Based Enterprise Market by Offering, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Model Based Enterprise Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Model Based Enterprise Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Model Based Enterprise Market by Vertical, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Model Based Enterprise Market by Vertical, 2024 - 2031, USD Million
TABLE 93 key Information – PTC, Inc.
TABLE 94 Key Information – ANSYS, Inc.
TABLE 95 Key Information – Dassault Systemes SE
TABLE 96 Key Information – SAP SE
TABLE 97 Information – HCL Technologies Ltd.
TABLE 98 Key Information – Oracle Corporation
TABLE 99 Key Information – Wipro Limited
TABLE 100 Key Information – General Electric Company
TABLE 101 Key Information – Cisco Systems, Inc.
TABLE 102 Key Information – Siemens AG

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Model Based Enterprise Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Model Based Enterprise Market
FIG 4 MarketShare Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Model Based Enterprise Market
FIG 6 LAMEA Model Based Enterprise Marketshare by Offering, 2023
FIG 7 LAMEA Model Based Enterprise Marketshare by Offering, 2031
FIG 8 LAMEA Model Based Enterprise Market by Offering, 2020 - 2031, USD Million
FIG 9 LAMEA Model Based Enterprise Marketshare by Deployment Mode, 2023
FIG 10 LAMEA Model Based Enterprise Marketshare by Deployment Mode, 2031
FIG 11 LAMEA Model Based Enterprise Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 LAMEA Model Based Enterprise Marketshare by Vertical, 2023
FIG 13 LAMEA Model Based Enterprise Marketshare by Vertical, 2031
FIG 14 LAMEA Model Based Enterprise Market by Vertical, 2020 - 2031, USD Million
FIG 15 LAMEA Model Based Enterprise Marketshare by Country, 2023
FIG 16 LAMEA Model Based Enterprise Marketshare by Country, 2031
FIG 17 LAMEA Model Based Enterprise Market by Country, 2020 - 2031, USD Million
FIG 18 Recent strategies and developments: PTC, Inc.
FIG 19 Recent strategies and developments: Dassault Systemes SE
FIG 20 SWOT Analysis: Dassault Systemes SE
FIG 21 SWOT Analysis: SAP SE
FIG 22 SWOT Analysis: HCL Technologies Ltd.
FIG 23 SWOT Analysis: Oracle Corporation
FIG 24 SWOT Analysis: Wipro Limited
FIG 25 SWOT Analysis: General electric (GE) Co.
FIG 26 SWOT Analysis: Cisco Systems, Inc.
FIG 27 Recent strategies and developments: Siemens AG
FIG 28 SWOT Analysis: Siemens AG