Technavio has added a new market research report on the global cPDM market in the electrical and electronics industry, to its cPDM portfolio. The cPDM market in the electrical and electronics industry is expected to grow at a CAGR of more than 11% between 2015 and 2019. The usage of cPDM in the electrical and electronics industry helps to enhance the product quality through continuous analysis of services and quality issues. The APAC region is the fastest growing geographical segment in this market, thanks to an increasing number of electronics and electrical components manufactures in countries such as Japan, Taiwan, South Korea, Thailand, China, Vietnam and India.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Augmented implementation of cloud-based PLM software has helped vendors to lower the adoption cost of PLM. Several PLM service providers are adopting PLM on the cloud for end-users. For instance, Wipro is offering cloud-based PLM services for Siemens PLM Software’s solution, Teamcenter. These services help electronics and semiconductor manufacturing companies to deploy Teamcenter on the cloud through IaaS. They also help end-users to reduce overall implementation expenses, including total cost of ownership,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.
The leading vendors in the global cPDM market in the electrical and electronics industry are Dassault, PTC, and Siemens. The Global cPDM market in the Electrical and Electronics Industry is fragmented with the presence of a large number of PLM software vendors. Many vendors have started to enhance their market potential through various innovative strategies and mergers and acquisitions. The cPDM products offered by those companies are given below:
A more detailed analysis is available in the Technavio report, cPDM market in the Electrical and Electronics: Industry Analysis 2015-2019.
We can customize reports by other regions and specific segments upon request.
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