TechNavio today launched its report Digital Manufacturing Software Market in the APAC Region 2011-2015 based on an in-depth study focusing exclusively on the APAC region. 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, ”Increasing use of digital manufacturing software in micro, small and medium-sized enterprises (MSMEs) is one of the emerging trends in the Digital Manufacturing Software market in the APAC region. Globalization has created opportunities for MSMEs to expand their business operations. To gain a large market share, it is essential for MSMEs to deliver cost-effective products on time to their end-users. Hence, some MSMEs have begun to adopt digital manufacturing solutions that help them increase their business efficiency by optimizing their manufacturing process.”
According to the report, the increasing need to optimize the manufacturing process is one of the major drivers for the growth of the Digital Manufacturing Software market in the APAC region. As a result of spiraling inflation rates and fluctuating economic growth, organizations across the APAC region are struggling to maximize their bottom and top line by enhancing productivity and reducing costs. Therefore, companies across industries are steadily adopting digital manufacturing solutions as they provide one of the best methods to reduce overall operating expenses. Some manufacturing organizations have started to adopt digital manufacturing software, which in turn drives the Digital Manufacturing Software market in the APAC region.
Further, the report also discusses that several open-source digital manufacturing solutions have emerged in the market, posing a direct threat to the commercial digital manufacturing software vendors.
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. For further information on this report, please visit https://www.technavio.com/content/digital-manufacturing-software-market-a…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Engineering, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Report – Digital Manufacturing Software Market in the APAC Region 2011-2015
