---
description: Learn more about MATLAB pricing, benefits, and disadvantages for your business in Canada. Read verified software reviews and find tools that fit your business needs.
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title: MATLAB Pricing, Reviews & Features - Capterra Canada 2026
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Breadcrumb: [Home](/) > [Simulation Software](/directory/30607/simulation/software) > [MATLAB](/software/125813/matlab)

# MATLAB

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> MATLAB is a programming software for engineers and scientists to analyze data, develop algorithms, and create models.
> 
> Verdict: Rated **4.6/5** by 2090 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Who Uses MATLAB?

Cloud-based and on-premise programming, modeling and simulation platform that enables users to analyze data, create algorithms, build models and run deployed models.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.6/5** | 2090 Reviews |
| Ease of Use | 4.0/5 | Based on overall reviews |
| Customer Support Software | 4.2/5 | Based on overall reviews |
| Value for Money | 4.2/5 | Based on overall reviews |
| Features | 4.6/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: The MathWorks

## Commercial Context

- **Starting Price**: US$203.63
- **Pricing model**: Flat Rate (Free Trial)
- **Pricing Details**: It is also available at $407.26 per license with additional features.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop)
- **Supported Languages**: English
- **Available Countries**: United States

## Features

- 2D Drawing
- 3D Imaging
- API
- Collaboration Tools
- Customizable Dashboard
- Data Discovery Software
- Data Management Software
- Data Visualization Software
- Design Analysis
- Design Management
- Document Management Software
- Forecasting
- Graphical Data Presentation
- Mathematical Modeling
- Modeling & Simulation
- Presentation Tools
- Regression Analysis
- Reporting & Statistics
- Reporting/Analytics
- Search/Filter
- Statistical Process Control
- Statistical Simulation
- Survival Analysis
- Time Series Analysis

## Integrations (18 total)

- Azure Cosmos DB
- COMSOL Multiphysics
- EASA
- FEATool Multiphysics
- FICO Xpress Optimization
- Innoslate
- Microsoft Excel
- Microsoft Power BI
- MongoDB
- Neo4j Graph Database
- OnScale Solve
- OpenText Analytics Database
- Simulink
- Spotfire
- Tableau

... and 3 more integrations

## Support Options

- Chat

## Category

- [Simulation Software](https://www.capterra.ca/directory/30607/simulation/software)

## Related Categories

- [Simulation Software](https://www.capterra.ca/directory/30607/simulation/software)
- [Engineering CAD Software](https://www.capterra.ca/directory/30556/engineering-cad/software)
- [Data Visualization Software](https://www.capterra.ca/directory/30696/data-visualization/software)
- [Statistical Analysis Software](https://www.capterra.ca/directory/30752/statistical-analysis/software)
- [Predictive Analytics Software](https://www.capterra.ca/directory/30945/predictive-analytics/software)

## Alternatives

1. [SIMUL8](https://www.capterra.ca/software/114609/simul8-professional) — 4.6/5 (142 reviews)
2. [AnyLogic](https://www.capterra.ca/software/95940/anylogic) — 4.5/5 (518 reviews)
3. [Wolfram Mathematica](https://www.capterra.ca/software/171048/wolfram-mathematica) — 4.6/5 (169 reviews)
4. [Visual Components](https://www.capterra.ca/software/188853/visual-components) — 4.4/5 (53 reviews)
5. [PTV Vissim](https://www.capterra.ca/software/1078086/PTV-Vissim) — 4.9/5 (16 reviews)

## Reviews

### "MATLAB - Great statistical analysis tool for school" — 5.0/5

> **Braden** | *May 12, 2024* | Primary/Secondary Education | Recommendation rating: 10.0/10
> 
> **Pros**: MATLAB made it easy to do statistical analysis and speed up processes. I liked that I was able to create plots to help visualize the data. MATLAB has a great help site to aid users in finding any information.
> 
> **Cons**: I wasn’t able to change my MATLAB to have a dark mode.

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### "Matlab is a great tool" — 5.0/5

> **Jasmine** | *May 18, 2024* | Primary/Secondary Education | Recommendation rating: 9.0/10
> 
> **Pros**: It is easy to get the hang of and there are lots of resources online. It is great to make complex calculations and visualize data.
> 
> **Cons**: At first it can be a bit overwhelming with all the different icons.
> 
> My overall experience with matlab as a student has been great.

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### "MATLAB - Powerful but expensive" — 5.0/5

> **Mitchell** | *May 7, 2024* | Civil Engineering | Recommendation rating: 6.0/10
> 
> **Pros**: Data visualization and great for statistical analysis. It is really handy being able to see matrices live while doing least squares analysis.
> 
> **Cons**: MATLAB is the kind of tool I wish I could keep using after university.. But unfortunately comparing to other programming languages I don't think I can afford to use it.
> 
> Great language to learn, just too expensive.

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### "Great analysis product" — 4.0/5

> **Karan** | *March 6, 2023* | Computer & Network Security | Recommendation rating: 7.0/10
> 
> **Pros**: visualisations are real-time and understandable, it is widely used by everyone
> 
> **Cons**: Product is not easy to use and documentation can be improved

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### "MATLAB Review" — 4.0/5

> **Chetan** | *September 18, 2024* | Education Management | Recommendation rating: 9.0/10
> 
> **Pros**: MATLAB is based on mathematical and physics equation's which makes simulation and modeling very easy task.It is most widely used tool in the robotics industry.
> 
> **Cons**: Sometimes simulation takes more than 24 hours to run and generate result.
> 
> I had used MATLAB for around 3 years for modelling and simulation of flight control systems of aircraft.

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## Links

- [View on Capterra](https://www.capterra.ca/software/125813/matlab)

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