CIMdata Releases PLM Market and Solution Provider Report

Third Module of the 2019 PLM MAR Report Series

Aann Arbor, Michigan, 16 July 2019-CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Market and Solution Provider Analysis Report, the third of five modules of the CIMdata 2019 Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during 2018. It contains analyses of major trends and issues; revenues of leading PLM solution providers; and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth.

"The PLM market grew to $47.8 billion overall in 2018, 9.4% growth over 2017, greater than our forecast of 7%" according to Mr. Stan Przybylinski, CIMdata's Vice President. "Architecture, Engineering, and Construction (AEC) and design-focused mechanical computer-aided design (MCAD) saw strong double-digit gains, largely driven by Autodesk's huge growth powered by their move from perpetual licensing to subscription. Simulation and Analysis (S&A) grew 13.1%, surpassing the high growth numbers of recent years. Looking toward 2023, CIMdata forecasts the PLM market to grow at a compound annual growth rate (CAGR) of 8.6% to $72.4 billion."

Companies make PLM investments in many different areas and with many types of solutions including mechanical CAD, simulation and analysis, visualization and collaboration, building design, and others. This diversity is reflected in the different solution providers to the PLM market and in the fact that no single type of provider dominates the industry. During 2018, a number of providers generated substantial revenues that represent PLM-related investments. Eighteen providers generated PLM revenues in excess of $500 million from both the tools and the cPDm segments. Three solution providers, Dassault Systèmes, PTC, and Siemens PLM Software, are major providers of both tools (such as MCAD) and cPDm technology while others, such as Autodesk and Cadence, are primarily tool providers that focus on specific segments within the overall market. While Hexagon does not position itself as a PLM company, their revenues from businesses that CIMdata does count in PLM puts them in the top 10. It illustrates the breadth of companies that participate in the overall PLM market, even though they may not all compete directly with each other.

PLM Market History and 5-Year Forecast

The CIMdata PLM Market Analysis Report Series is packaged as five modules:

  • The CIMdata 2019 Executive PLM Market Report provides an overview of CIMdata's complete global analysis. It includes key charts on PLM market investment statistics through 2018, forecasts of investments for 2019 through 2023, and a summary of PLM solution providers' performance in 2018.
  • The CIMdata 2019 PLM Industry Review and Trends Report is mainly qualitative in nature, and focuses on key issues facing the global PLM ecosystem of solution providers and end user organizations. It highlights changes that occurred in 2018, what effects those changes may have in the short and medium term, and what is on the horizon in the years to come.
  • The CIMdata 2019 PLM Market and Solution Provider Analysis Report details measures of and forecasts for the overall PLM market and its key segments, including Tools, cPDm, and Digital Manufacturing. The Tools section has additional details on sub-segments, including MCAD, CAM S&A, EDA, and AEC. It also includes CIMdata's estimates of PLM solution provider revenues in these segments and sub-segments for 2019 through 2023.
  • The CIMdata 2019 PLM Market Geographic Analysis Report provides an additional view of the 2018 market results, by major geography. CIMdata's 2018 estimates and market forecasts for PLM and the major PLM market segments are provided for the Americas, EMEA, and Asia-Pacific. In addition, the report includes estimates and forecasts for the cPDm segment within specific European and Asia-Pacific countries and regions.
  • The CIMdata 2019 PLM Market Industry Analysis Report provides an industry segmentation view of the 2018 market results. CIMdata's 2019 estimates and market forecasts for PLM and cPDm are provided for eight different industry sectors: aerospace and defense; automotive and other transportation; electronics/telecommunications; fabrication and assembly; process-packaged goods; process-petrochemical; utilities; and construction, infrastructure and shipbuilding.

The CIMdata PLM Market Analysis Report Series is available as a five-module set or each module can be purchased separately. Parts of the MAR are available as part of the CIMdata PLM Community Memberships. Further details and pricing information about the report and Community Memberships are available at www.cimdata.com.

For more information, contact:

Cheryl Peck, Director of Marketing

c.peck@CIMdata.com

Tel: +1 734.668.9922

 

In Europe, the Middle East & Africa contact:

Gerard Litjens, Vice President EMEA

g.litjens@CIMdata.com

Tel: +31 (0) 495.533.666

About CIMdata

CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise's ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.

CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia- Pacific. To learn more about CIMdata's services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.

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