North American PLM Software Market to Grow over the Period of 2010-2014 says New Report

DUBLIN — (BUSINESS WIRE) — July 27, 2011Research and Markets ( http://www.researchandmarkets.com/research/9f07f4/north_american_pro) has announced the addition of the " North American Product Lifecycle Management Software Market 2010-2014" report to their offering.

Product Lifecycle Management Software Increasingly Integrated With Enterprise Applications in North America

Research conducted by TechNavio reveals that the Product Lifecycle Management (PLM) Software market in North America is expected to grow at a CAGR of 7 percent. TechNavio's report, which focused exclusively on North America, indicates that the market is currently being driven by the need to accelerate the time to market of products.

Enterprises face many delays in launching a product as a result of issues with suppliers, manufacturers, and service providers. By implementing PLM software, several North American enterprises have been effectively executing multiple lifecycle tasks simultaneously. This has also aided in streamlining critical stages of production, reports a TechNavio analyst.

In spite of the demand for PLM software in North America, the threat from open source vendors is hindering the growth of this market. However, the increased revenue benefits are expected to drive the market. Moreover, the PLM market in North America is witnessing growing integration of enterprise applications with PLM software.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

The report, Product Lifecycle Management Software Market in North America 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market.

One of the key factors contributing to this market growth is the minimization of operational cost through the adoption of PLM software. The North American PLM Software market has also been witnessing integration of enterprise applications with PLM software. However, the high cost of implementation and issues regarding integration with enterprise applications could hinder the growth of this market.

Key vendors dominating this market space include Dassault Systems, Siemens PLM, PTC, and Oracle.

TechNavio's North American Product Lifecycle Management Software Market 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on North America and covers the North American Product Lifecycle Management Software market landscape and its growth prospects. The report also includes a discussion on the key vendors in this market.

For more information visit http://www.researchandmarkets.com/research/9f07f4/north_american_pro



Contact:

Research and Markets
Laura Wood, Senior Manager,
Email Contact
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716




Review Article Be the first to review this article
Rand3D

IMTS 2018 Register Now>>

Featured Video
Jobs
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Mid-Level Mechanical Engineer for Kiewit at lenexa, Kansas
Upcoming Events
Inside 3D Printing Seoul 2018 at Korea International Exhibition Center (KINTEX), Hall 5 408 Hallyuworld-ro, Ilsanseo-gu, Goyang-si, Gyeonggi-do Goyang Korea (South) - Jun 27 - 29, 2018
AMTEX 2018 at Pragati Maidan New Delhi India - Jul 6 - 9, 2018
34th Annual Coordinate Metrology Society Conference 2018 at Grand Sierra Resort, 2500 East Second Street Meeting & Covention Center Reno NV - Jul 23 - 27, 2018
Design of Experiments (DOE) for Process Development and Validation (NTZ) 2018 at DoubleTree by Hilton San Diego Downtown 1646 Front St San Diego CA - Aug 2 - 3, 2018
Kenesto: 30 day trial
SolidCAM: Break the Chains



Internet Business Systems © 2018 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