Market Research Update Global Digital Manufacturing Market 2016-2020
Digital Manufacturing Market by Analysis, Revenue, Region and Forecast To 2020
Many manufacturing companies need product life cycle management (PLM) software because it deals with
different functional levels of an organization such as product designing, design engineering, and manufacturing.
The need for managing a product during the manufacturing process has led to the emergence of PLM software and
services. The growing complexity of products and the increase in product portfolio across organizations has led to
the demand for a system that can provide solutions to the production process across industries. The
implementation of PLM in an organization provides higher revenue, reduces cost, and increases capital efficiency.
The market is divided into the following segments based on geography:
- America
- Asia
- Europe
- ROW
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2016-2020
Key vendors:
- Siemens PLM Software
- Dassault Systèmes
- Autodesk
- Mentor Graphics
- PTC
Other prominent vendors:
- CAD Schroer
- Open Factory 3D
- Bentley Systems
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Market Driver:
- DM as an important link in manufacturing
- For a full, detailed list, view our report
Market Challenge:
- Threat from pirated software
- For a full, detailed list, view our report
Market Trend:
- Introduction of cloud-based DM software
- For a full, detailed list, view our report
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