Press release
Global PLM Software Market In The Automotive Sector To Grow At A CAGR Of 8.81% During The Period 2017-2021 – Autodesk, Dassault Systmes, PTC, Siemens PLM Software
PLM Software Market
Product lifecycle management (PLM) software helps in several stages of product development such as product designing, design engineering, and manufacturing. The growing product complexity and the increase in product portfolio across organizations have led to the emergence of PLM software and services. PLM software caters to the need for managing products in terms of servitization. It offers solutions to the production process across industries. The implementation of PLM software in an organization provides higher revenue, reduce cost, and capital efficiency.
Technavios analysts forecast the global PLM software market in the automotive sector to grow at a CAGR of 8.81% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global PLM software market in the automotive sector for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global PLM Software Market in the Automotive Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Autodesk
Dassault Systmes
PTC
Siemens PLM Software
Other prominent vendors
Altair
ANSYS
Arena Solutions
Bentley Systems
CAD Schroer
Exa
NUMECA
Omnify Software
Oracle
Salesforce.com
SAP
Simerics
Symscape
Market driver
Decrease in product design time and cost
For a full, detailed list, view our report
Market challenge
Concerns about data security in PLM
For a full, detailed list, view our report
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/global-plm-software-market-in-the-automotive-sector-2017-2021-report.html/toc
Market trend
Use of DM in manufacturing intelligent cars
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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