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| CIMdata Publishes Executive PLM Market ReportThe First Module of the 2025 PLM MAR Report Series is now Available.
By: CIMdata The PLM Economy, as measured in our PLM market analysis, has continued to grow in 2024. In calendar year 2024, the PLM market grew to $80.3 billion (10.7% growth over 2023). "The PLM market saw strong results in 2024," according to Christine Longwell, CIMdata's Director of Research. "As customers are developing increasingly complex products, technologies that enable the cooperative design of mechanical, electrical, and software systems are growing rapidly. The PLM market experienced significant growth in 2024, with particular strength in the EDA and AEC tools segments, driven by increasing demand for electronics and the digitalization of even the oldest infrastructure to reap benefits from implementing digital twins. Focused Applications continues to outpace core comprehensive cPDm solutions as the richness of PLM ecosystems broadens, and systems integrators are increasingly seeing an expansion in demand for their service offerings. This report is the first of five modules of the CIMdata 2025 Market Analysis Report Series to be released. The MAR Series offers detailed information and in-depth analysis of the global PLM market for calendar year 2024. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for geographical regions, industry sectors, as well as historical and projected data on market growth. The 2025 CIMdata Executive Market Analysis Report is available for purchase at: https://www.cimdata.com/ The CIMdata PLM Market Analysis Report Series is available as a five-module set or can be purchased separately by module. Selected modules are also available as part of the CIMdata Community Memberships. End
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