PLM Software Market in the Automotive Sector 2017 Trend, Analysis and Forecast to 2021

Product lifecycle management (PLM) software helps in several stages of product development such as product designing, design engineering, and manufacturing. The growing product complexity and the increase in product portfolio across organizations have led to the emergence of PLM software and services. PLM software caters to the need for managing products in terms of servitization. It offers solutions to the production process across industries. The implementation of PLM software in an organization provides higher revenue, reduce cost, and capital efficiency.

Publisher's analysts forecast the global PLM software market in the automotive sector to grow at a CAGR of 8.81% during the period 2017-2021.

For more information about this report: http://www.reportsweb.com/global-plm-software-market-in-the-automotive-sector-2017-2021 .

Covered in this report 
The report covers the present scenario and the growth prospects of the global PLM software market in the automotive sector for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography: 
-Americas
-APAC
-EMEA

Publisher's report, Global PLM Software Market in the Automotive Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
-Autodesk
-Dassault Systèmes
-PTC
-Siemens PLM Software
 
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Other prominent vendors 
-Altair
-ANSYS
-Arena Solutions
-Bentley Systems
-CAD Schroer
-Exa
-NUMECA
-Omnify Software
-Oracle 
-Salesforce.com
-SAP
-Simerics
-Symscape

Market driver 
-Decrease in product design time and cost
-For a full, detailed list, view our report 

Market challenge 
-Concerns about data security in PLM
-For a full, detailed list, view our report 

Market trend 
-Use of DM in manufacturing intelligent cars
-For a full, detailed list, view our report 
 
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