TechNavio today launched its Product Data Management Software Market in Europe “ Survey Report based on an in-depth study of the European market. The report aids decision makers™ understanding of the present and the future landscape of this market.
TechNavio™s report highlights that cloud-based PDM software is one of the emerging trends in the market, this area is expected to witness exponential growth over the next two years.
Commenting on the report, an analyst from TechNavio™s Engineering Software team said, Many manufacturing companies are adopting PDM software for better quality and control of information. PDM software provides real-time information and gives control over the entire product development cycle. However, interestingly, only few percentages of people prefer PDM software to reduce their overall operational cost.
Key findings from the report:
¢ PDM Market in Europe Highly Fragmented
¢ High Capital Investment a Key Challenge
¢ Improved Monitoring of Product Development Cycle a Key Driver
The contents of this report are based on research conducted on an objective combination of primary and secondary scores, including inputs from key participants in the industry.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/product-data-management-software-market…
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TechNavio Announces the Publication of its Report “ Product Data Management Software Market in Europe “ Survey Report
