- The key vendors in the cPDM market in Germany 2015-2019 are Dassault Systèmes SA, Oracle Corp., Parametric Technology Corp. (PTC), SAP SE and Siemens PLM Software
London, 22 April 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the cPDM market in Germany 2015-2019. Increased adoption of cPDM solutions in apparel industry is one of the key trends being witnessed in the market. Several vendors in the apparel industry in Germany are increasingly adopting cPDM solutions to enhance their SCM functions. The cPDM solution provides better visibility and enables continuous and real-time involvement across various units such as merchandising, design, and product development. The cPDM market in Germany is expected to grow at a CAGR of 7.81% during the period 2014-2019.
The increase in demand for cPDM solutions across industries such as aerospace and defense, electrical and electronics, automotive, fabrication and assembly, and utility has contributed to the growth of the market. The market receives its largest revenue from the aerospace and defense industry. This industry has outgrown all other manufacturing industries in Germany during the last decade.
“The cPDM market in Germany is witnessing the availability of cloud-based cPDM solutions. Companies such as Siemens PLM Software, Dassault Systèmes, and PTC are offering cloud-based cPDM software in Germany,” says Faisal Ghaus, Vice President of Technavio Research.
“Industries are increasingly focusing on reducing cPDM adoption costs, thereby leading to adoption of cloud-based cPDM solutions. Several PLM solution providers are providing cloud-based solutions.”
To define the market conditions 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%3E%3Cspan%20style%3D%22line-height%3A%201….
