PLM Market rebounding slowly | Automation.com

PLM Market rebounding slowly

PLM Market rebounding slowly

August 5, 2014 -“The PLM market grew 4.8% to $35 billion in 2013, slowing after several high growth years coming out of the global recession,” according to Stan Przybylinski, CIMdata’s Vice President of Research, “Results for the PLM leaders moderated in 2013, after getting off to a strong start early in the year. While software sales in some segments remained strong, services are not showing the growth more typical of the PLM market in recent years. CIMdata estimates that the PLM market will have a compound annual growth rate (CAGR) of 5.8% to reach $46.2 billion in 2018.”

Companies make PLM investments in many different areas and with many types of solutions including mechanical CAD, simulation and analysis, visualization and collaboration, cPDm, and building design. This diversity is reflected in the many different solution providers to the PLM market and in the fact that no single type of provider dominates the industry. During 2013, a number of providers generated substantial revenues that represent PLM-related investments. Sixteen providers generated PLM revenues in excess of $500 million from both the tools and the cPDm segments. Three solution providers, Dassault Systèmes, PTC, and Siemens PLM Software, are major providers of both tools and cPDm technology while others, such as Autodesk and Mentor Graphics, are primarily tool providers that focus on specific segments within the overall market. Companies who derived the most revenues from the overall PLM market are shown in the figure below. It illustrates the breadth of companies that participate in the overall PLM market, even though they may not all compete directly with each other.

The CIMdata PLM Market Analysis Report Series is available as a five-module set or each module can be purchased separately. It is also available as part of the CIMdata PLM Community Gold Membership.

About CIMdata
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.

 

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