TechNavio today launched its report Mainstream Product Lifecycle Management Software Market in China 2011-2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The availability of Product Lifecycle Management (PLM) software through web-based applications is one of the emerging trends in the Mainstream PLM Software market in China. At present, it is possible to access the applications of PLM software through a network using the internet or intranet. In addition, this is helping employees to access information at any time from any location. Thus the adoption of the web-based PLM applications also increases the user’s operational efficiency. Further, this availability of PLM software through web-based applications will help in reducing piracy issues because of its easy availability.”
According to the report, increased adoption of PLM software by the Aerospace and Defense industry in China is an important driver for the Mainstream PLM Software market. In China, the indigenous development of large airplanes for commercial and defense purposes is a major reason for the adoption of PLM software. In addition, China’s spending on its Defense sector is the second highest in the world after the US.
Further, the report discusses that the reluctance of Chinese manufacturers to use the maintenance service of PLM solutions is a major challenge in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/oFs49
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TechNavio Announces the Publication of its Report – Mainstream Product Lifecycle Management Software Market in China 2011-2015
