Product Lifecycle Management Market Will Reach $20 Billion in 2014

ROCKVILLE, MD -- (MARKET WIRE) -- May 17, 2011 -- 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

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

About 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, 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

Add to Digg Bookmark with Add to Newsvine

Veronica Franco

Email Contact

Review Article Be the first to review this article
Autodesk - DelCAM

Featured Video
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Apple Adding To Computer Product Line Minus Ports
Currently No Featured Jobs
Upcoming Events
3D Collaboration & Interoperability Congress at 1310 Washington Ave. Golden CO - Oct 25 - 26, 2016
Electric&Hybrid Aerospace Technology Symposium 2016 at Conference Centre East. Koelnmesse (East Entrance) Messeplatz 1 Cologne Germany - Nov 9 - 10, 2016
Autodesk University Las Vegas at Las Vegas NV - Nov 15 - 17, 2016
TurboCAD pro : Limited Time offer

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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 Policy Advertise