DUBLIN — (BUSINESS WIRE) — November 16, 2011 — Research and Markets( http://www.researchandmarkets.com/research/758d26/product_data_manag) has announced the addition of the " Product Data Management Software Market in Japan 2010-2014" report to their offering.
One of the key factors contributing to this market growth is the increasing trend of outsourcing by Japanese manufacturing companies. The PDM Software market in Japan has also been witnessing the emergence of the micro-payment model for PDM software. However, the slowdown in the Japanese Automotive industry could pose a challenge to the growth of this market.
Key vendors dominating this market space include Siemens PLM Inc., Dassault Systemes SA, and Parametric Technology Corp.
Technavio, a market research leader in the area of Engineering Services, recently published its report, Product Data Management Software Market in Japan 2010-2014. The report discusses the current and future landscape of this regional market. The report is based on an in-depth study of the market with inputs from key industry participants. In addition to profiling key vendors, the report discusses the important drivers, trends, and challenges for the industry.
TechNavio's report highlights that product data management (PDM) software provides a collaborative environment where all participants in the product development cycle can connect, communicate, and create collaborative designs. Thus, the increasing trend of outsourcing by Japanese manufacturing companies is creating demand in the PDM Software market in Japan. Commenting on the report, an analyst from TechNavio's Engineering Services team said, PDM software vendors in Japan have started to provide PDM software on a rental basis. Through the rental model, the customer can get better, cost-effective PDM solutions because they pay according to usage and need not buy PDM software. However, the high switching cost for customers poses a challenge to the growth of the PDM Software market in the Automotive and Electronics industries in Japan.
Key findings from the report:
- Slowdown in the Automotive Industry in Japan
- Increasing Threat of Enterprise Application Vendors
- Lack of Integration across the Supply Chain
For more information visit http://www.researchandmarkets.com/research/758d26/product_data_manag
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