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PLM: Strong Growth in Collaborative Product Definition Management
The Global PLM Market in Discrete Industries market reached $20.45 billion and is expected to reach $27.78 billion by 2017, as forecast by research company Frost & Sullivan. Within PLM, the collaborative product definition management (cPDM) sector is expected to see the largest growth.
A parallel report by Research and Markets finds that the global cPDM market will grow at an annual rate of 8.41 percent from 2013 to 2018.
Karthik Sundaram, research analyst at Frost & Sullivan, said that “the increasing focus on collaborative operations will play a key role in influencing PLM functionality in discrete industries. Hence, capabilities such as product data management, portfolio management, collaboration solutions, content management and enterprise integration that provide an able platform for discrete manufacturers to heighten innovation, efficiency and operational productivity will help expand the global cPDM market.”
CIMdata ranked the top six “PLM Mindshare Leaders” based on their 2013 PLM revenues:
- Dassault Systèmes $4.231 billion (Direct revenues $2.702B)
- Autodesk $3.746 billion ($2.098B)
- Siemens PLM $3.640 billion ($1.999B)
- PTC $1.808 billion ($1.300B)
- SAP $1.462 billion ($0.989B)
- Oracle $0.788 billion ($0.620B)
