PLM Market by Key Vendors, Drivers, Analysis and Forecast To 2020

The consumer goods manufacturing companies use PLM software as it helps to deal with the different functional levels of an enterprise such as product designing, design engineering, and manufacturing. The need for managing a consumer goods product from the concept stage to servitization stage has increased the demand for PLM software and services. The growing product complexity and upsurge in product portfolio across enterprises has triggered the demand for a system that can deliver solutions to the production process across industries. The implementation of PLM software in an enterprise provides benefits such as increased revenue, low operational cost, and capital efficiency.
Publisher's analysts forecast the global PLM market in consumer goods industry to grow at a CAGR of 12.98% during the period 2016-2020.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Key vendors:
-Aras
-Autodesk
-Centric Software
-Dassault Systèmes
-Oracle
-PTC
-Siemens PLM Software

Other prominent vendors:
3D Systems, AllCAD, ANSYS, Arahne, ARText, Audaces, BONTEX, CadCam Technology, Cadonix, CD-adapco, C-Design, Fashion CAD, Gerber Technology, Graebert, TurboCAD, IronCAD, MSC Software, Numeca, and SAP.
Market driver
-Need for faster time-to-market and product development
-For a full, detailed list, view our report

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Market Driver:
-Need for faster time-to-market and product development
-For a full, detailed list, view our report

Market Challenge:
-Piracy of PLM software
-For a full, detailed list, view our report

Market Trend:
-Increased use of PLM mobile applications
-For a full, detailed list, view our report

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