- The key vendors in the DM market in South Korea 2015-2019 are Autodesk Inc., Dassault Systèmes, Mentor Graphics Corp., Parametric Technology Corp. and Siemens PLM Software Inc
London, 05 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the DM market in South Korea 2015-2019. Development of smart factories is one of the major trends being witnessed in this market. There is a shift from the real manufacturing world to the digital manufacturing world, which enables companies to digitally plan and execute the lifecycle of a product. The DM market in South Korea to grow at a CAGR of 8.70% during the period 2015-2019.
Companies in South Korea are increasingly adopting DM for product design, or for the manufacturing plant in general. Also, the electrical and electronics, industrial machinery, and aerospace and defense industries have also increased their demand.
“Augmented reality is a technology that enables the viewing of computer-generated images in a user’s field of vision. It involves scanning the physical real-world environment, which is augmented by the addition of computer-generated information,” says Faisal Ghaus, Vice President of Technavio Research.
“This technology can be used through applications developed for mobile devices. For instance, Ford uses augmented reality in combination with Tecnomatix to evaluate plant assembly feasibility.”
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%3EIf%20you%20are%20interested%20in%20more%…
