CIMdata Releases its 2010 China PLM Report
ANN ARBOR, Michigan, May 4, 2010—Management consulting and research firm CIMdata announces the availability of its first China Product Lifecycle Management (PLM) Report.
This report provides detailed information and in-depth analysis on the People’s Republic of China’s (“China”) rapidly-evolving Mainstream PLM market. The report discusses the major China PLM trends and issues, PLM purchase investments in software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to this important and quickly expanding economic region. Additionally, this report provides insight into PLM market dynamics within the region and the revenue performance of the leading PLM solution suppliers operating within it, both China-based and international PLM solution suppliers based elsewhere. This report represents a joint collaborative effort of CIMdata and China-based e-Works Manufacturing Information Technology Co., Ltd.
Ken Amann, CIMdata Director of Research said, “While still small, PLM investments within China are growing rapidly. We were happy to report that in spite of the global economic downturn in 2009, China’s PLM market still grew. In 2009, the China PLM market grew 6.2%, and in 2010 the growth rate of the China PLM market is forecasted to be 12%.” China industries that have been investing in PLM include aerospace, automotive, high-tech, and mechanical machinery.
Global PLM solution suppliers have been investing in China for several years and have established partner networks and growing customer bases. The leading international PLM suppliers include Dassault Systèmes, PTC, and Siemens PLM Software. “However, there are a growing number of China-based PLM solution suppliers that provide both competition and China-tailored solutions,” stated Peter Bilello, CIMdata Vice-President. “The China-based PLM solution suppliers will be a driver of growth over the next several years. This should be significant, given the number of China-based suppliers that exist,” he added.
This report has been designed to be a valuable source of information that can be used in support of business and market planning processes of PLM solution suppliers that are targeting China as well as industrial companies within China who would like to understand the PLM competitive landscape. Further details including pricing information about the report are available on CIMdata’s website for publications.