Bentley quoted Cambashi’s data in its Q3 2020 earnings presentation

In its recent public offering presentation, Bentley estimated, referencing Cambashi data sources, that the TAM for Infrastructure Engineering Software (currently $8.3B) could be as high as $29B, if the spend per seat on Engineering software (currently $369) were to match that of the Product Engineering industry (where it is $1,250). This shows how much more potential there is in the AEC industry for additional software use, including applications such as Digital Twin and BIM.

Bentley Q3 2020 earnings presentation

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