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CIMdata Publishes China PLM Market Report

CIMdata estimates that the Chinese PLM Market Grew 12.8% in 2013

 
PRLog - Jun. 12, 2014 - ANN ARBOR, Mich. -- CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of the CIMdata 2014 China PLM Market Analysis Report. This report provides detailed information and in-depth analysis on the People’s Republic of China’s (“China”) rapidly-evolving PLM market. The report discusses the major PLM trends and issues, PLM purchase investments in software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to China; an important and quickly expanding economic region. This report also provides insight into PLM market dynamics within the region and the revenue performance of the leading PLM solution providers operating within it, both China-based and international PLM solution providers headquartered elsewhere. This report is a collaborative effort of CIMdata and China-based e-works Manufacturing Information Technology Co., Ltd. (http://www.eworksglobal.com/ in English and http://www.e-works.net.cn in Chinese).

Stan Przybylinski, CIMdata’s Vice President of Research said, “While the global PLM market slowed in the second half of 2013, China had another strong year, with nearly 13% growth to US$845 million,and in 2014 the growth rate of the Chinese Mainstream PLM market is forecasted to be 14.2%.” Chinese industries that are heavily investing in PLM include aerospace, automotive, high-tech, and mechanical machinery.

Global PLM solution providers continue to invest in China and are expanding their partner networks and growing their customer bases. The leading international PLM solution providers include Dassault Systèmes, PTC, and Siemens PLM Software, and these three firms accounted for nearly 38% of China-based Mainstream PLM revenues in 2013, down from 54% in 2012. “Local Chinese solution providers continue to improve their offerings,” stated Peter Bilello, CIMdata’s President. “We had strong attendance at our third annual China PLM Market & Industry Forum from both local solution providers and mainstream international providers. These local competitors are taking share away from the global leaders in China, a good sign for the vitality of the Chinese PLM market,” he added.

This report reflects the trend that Chinese manufacturers are paying more and more attention to product innovation and are rapidly improving their own R&D capabilities and processes by deploying PLM, not only in traditional discrete industries, but also in life sciences, food & beverage, and several emerging vertical markets.

CIMdata designed this report to be a valuable source of information to support the business and market planning processes of PLM solution providers that are targeting China, as well as industrial companies within China who would like to understand the PLM competitive landscape. Further details about the report including pricing information are available on CIMdata’s website at http://cimdata.com/en/online-store/market-analysis-reports.

Media Contact
CIMdata, Inc.
734-668-9922
***@cimdata.com

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Source:CIMdata, Inc.
Location:Ann Arbor - Michigan - United States
Industry:Industrial, Investment
Tags:plm, china, market analysis, Research, CIMdata
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