Product Lifecycle Management Market Will Reach $20 Billion in 2014

ROCKVILLE, MD -- (MARKET WIRE) -- May 17, 2011 -- MarketResearch.com has announced the addition of Infiniti Research Limited's new report "Global Product Lifecycle Management Software Market 2010-2014," to their collection of Software & Enterprise Computing market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6315518

Visible Profitability Key Driver for Product Lifecycle Management Research conducted by TechNavio reveals that the Global Product Lifecycle Management Software market will reach $20.6 billion in 2014. The report which focuses on the Americas, EMEA, and APAC, indicates that the market is currently driven by the increased profitability experienced by various enterprises employing product lifecycle management.

"PLM software allows the user to create, capture, and share product related requirements, preferences, and expectations of the target segment. Further, it assists in aligning the product cost to the manufacturing costs. Thus, PLM is increasingly being used for reducing the cost of the product and increasing customer satisfaction," report TechNavio analysts.

In spite of the demand for product lifecycle management, the threat from open source software providers hinders the growth of this market. However, the proven reductions in operation cost are expected to encourage market growth.

The Global Product Lifecycle Management market is marked by cloud computing in product data management. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.

The report, Global Product Lifecycle Management Software Market 2010-2014, is based on extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.

Companies mentioned in this report include: Dassault Systemes, Siemens PLM, PTC, and SAP AG.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6315518

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Veronica Franco
MarketResearch.com

Email Contact
240.747.3016 





Review Article Be the first to review this article
Rand3D

Jobs
Analyst Programmer for Palm Beach County at West Palm Beach, FL
Mapping & GIS Sales Rep for California Surveying & Drafting Supply at Sacramento, CA
Architectural Designer for Champion Home Builders at Troy, MI
Upcoming Events
ATE SOLIDWORKS Innovation Day 2017 at LIFELONG LEARNING INSTITUTE LEVEL 2 @ 11 EUNOS ROAD 8 SINGAPORE Singapore - Oct 5, 2017
Additive Manufacturing Conference 2017 at Knoxville Convention Center 701 Henley Street Knoxville TN - Oct 10 - 12, 2017
ASSESS 2017 CONGRESS at Bolger Center Potomac MD - Nov 1 - 3, 2017
FABTECH 2017 at McCormick Place Chicago IL - Nov 6 - 9, 2017
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise