CIMdata Releases Country-Specific 2018 PLM Market Analysis Reports
ANN ARBOR, MI, USA, Sep 21, 2018 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of ten additional country-specific 2018 PLM Market Analysis Reports. These new reports follow the release of the 2018 China PLM Market Analysis Report earlier this year.
The CIMdata PLM MAR series presents CIMdata’s analysis of the 2017 product lifecycle management (PLM) market. The complete global analysis provides CIMdata’s perspective on PLM across a variety of industry and geographic sectors, identifies market trends, reviews investments in PLM-related software and services during 2017, and forecasts PLM investments for 2018 through 2022. It includes charts that present the overall PLM market and its various sectors as defined by CIMdata. These include collaborative Product Definition management (cPDm), tools and tools sub-sectors, and digital manufacturing.
In addition to its global PLM Market Analysis reports, CIMdata now offers eleven country-specific PLM Market Analysis Reports:
- South Korea
- United Kingdom
- United States
These reports focus on the PLM market in each country, including its main segments and the 2017 financial results for PLM solution and service providers. Each country report includes estimates of spending by industry segment within the country, market presence within the country, the growth of the top 10 suppliers in that country, revenue by global mindshare leaders, market shares in each measured segment, and five-year forecasts.
“2017 was a strong year for the PLM Economy, with 7.6% growth and few of the currency effects that impacted our reporting in previous years,” according to Stan Przybylinski, CIMdata’s Vice President. “At $7.7 billion in 2017, the United States is the largest market and is forecast to grow at a compound annual growth rate (CAGR) of 6.3% through 2022. Japan revenues were $3.82 billion and a CAGR of 6.0%. PLM revenues in Germany were $3.75 billion and a CAGR of 5.7%. These three countries have dominated the PLM market for years, and will maintain that position. However, South Korea (at $585 million and a 6.2% CAGR) and the emerging PLM economies of Brazil, China, Russia, and India have great potential. CIMdata estimates the 2017 PLM revenues in Brazil were $270.8 million (5.2% CAGR), in India $601.2 million (8.3% CAGR), and in Russia $231.5 million (4.3% CAGR), and that these high growth rates (along with potential for Russia) will place them among the global PLM revenue leaders.” Mr. Przybylinski continued, “For 2017 CIMdata estimates PLM revenues in France at $1.48 billion with a CAGR of 5.8%, Italy at $548 million and 6.0%, and the United Kingdom at $1.05 billion and 6.0%.”
The CIMdata country-specific PLM Market Analysis Reports are available for purchase at https://www.cimdata.com/en/online-store/market-analysis-reports.