Houlihan Lokey – Year-End Industrial Software Market Update, 2024

The main theme of the report is the industrial software market update for the end of 2024.

Key findings include an increase in M&A and financing activities in the industrial software sector in the first half of 2024, with further acceleration expected as macroeconomic conditions improve. Growth is driven by cost-efficiency initiatives, globalization of supply chains, and expansion of cloud-based operations by providers. An example deal is Siemens' acquisition of Altair to strengthen its position in industrial software and artificial intelligence.