The report forecasts the global digital manufacturing market to grow at a CAGR of 7.6% during the period 2016-2020.
The report 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.
A trend which is boosting market growth is the introduction of cloud-based DM software. Vendors are focusing on reducing the cost of PLM, thereby leading to the wide-spread introduction of cloud-based PLM software. Various PLM service providers are implementing PLM on the cloud for end-users. For instance, Wipro, a global information technology, consulting, and outsourcing firm, is providing cloud-based PLM services for Siemens PLM Software's solution, Teamcenter. These services help electronics and semiconductor manufacturing companies to deploy Teamcenter on the cloud through infrastructure as a service. It also helps end-users to reduce upfront costs for implementation and the TCO.
According to the report, a key growth driver is the use of DM as an essential link in manufacturing. DM is the connecting link that integrates actions of the three sections of manufacturing such as facility, production, and product design.
Further, the report states that one challenge that could restrict market growth is the threat from pirated software.
- Siemens PLM Software
- Dassault Systèmes
- Mentor Graphics
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Overview of DM market
PART 06: Role of DM in manufacturing
PART 07: DM value creation
PART 08: Global DM market by end-user
PART 09: Buying criteria
PART 10: Geographical segmentation
PART 11: Key leading countries
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Impact of trends
PART 18: Vendor landscape
PART 19: Key vendor profiles
PART 20: Appendix
For more information visit http://www.researchandmarkets.com/research/k3w9ct/global_digital