Global Collaborative Product Definition Management Market 2011-2015 - Market Research Report

The Global Collaborative Product Definition Management market is to grow at a CAGR of 8.6 over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand from discrete manufacturing industries. The Global Collaborative Product Definition Management market has also been witnessing the emergence of web-based solutions. However, lack of standardization could pose a challenge to the growth of this market.

Cloud computing enables enterprises to store and access information hosted on a cloud. By hosting Collaborative Product Definition Management (cPDM) software in the cloud, enterprises can significantly reduce their operating cost, ensure better scalability, and make better, more informed decisions to improve product development processes. In addition, many vendors have started to offer a platform for cloud applications.

The Global cPDM market is driven by the Global Discrete industry, which includes the Automotive, Electronics, and Aerospace and Defense industries. The Global Discrete industry is growing at a rapid rate, which in turn creates more opportunities for cPDM software. In addition, the Discrete industry is growing at a faster rate in developing countries than in developed countries. The emergence of Discrete industries in developing countries enhances the demand for cPDM software in the market.

Report Scope

This report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Collaborative Product Definition Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Dassault Systèmes SA, Parametric Technology Corp., SAP AG, and Siemens PLM Software Inc. Other vendors in the market are Oracle Corp., Autodesk Inc., Intergraph Inc., and Aveva Group plc.