London, 11 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the DM market in Mexico 2015-2019, which is expected to grow at a CAGR of 6.93% during the forecast period of 2014-2019.
The adoption of DM provides effective planning, scheduling and optimization of complex processes across a business. It helps create digital models of the shop floor, where collision and assembly problems can be detected at the earliest.
“DM reduces production time and improves the lead time in the manufacturing process, which in turn, creates more demand for DM software,” says Faisal Ghaus, Vice President of Technavio.
“It reduces overall time-to-market by 30%, and also production time and lead time by 40% and about 15%, respectively.”
Key Market Drivers
- Benefits of DM
- DM for Improved Traceability
- DM as Strategic Manufacturing Link
- Reduction in Time-to-market
- Increased Adoption of PLM Software
Key Market Trends
- Evolution of DDM
- Compact DM
- Increase in Cloud-based DM
Key Market Vendors
- Dassault Systèmes
- Parametric Technology (PTC) Inc.
- SAP SE
- Siemens PLM Software Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
