Boston, MA -- (SBWIRE) -- 09/24/2014 -- PDM is one of the business functions within collaborative product definition management (cPDM), which is one of the major segments in the Global Product Lifecycle Management (PLM) market. PDM is a software responsible for the creation, management, and publication of product data. PDM helps organize product development by combining documents, technical data, computer-aided design (CAD), and images that are required to design, manufacture, support, and maintain a product. PDM also helps manufacturing companies find the data quickly, thereby reducing the data management time. It also reduces development errors and costs by enabling a collaborative product development cycle.

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TechNavio's analysts forecast the Global Product Data Management market to grow at a CAGR of 10.72 percent over the period 2013-2018.

Covered in this Report:

This report covers the present scenario and the growth prospects of the Global Product Data Management market for the period 2014-2018. The following are the major end-users of the Global Product Data Management market: the Automotive industry, Electrical and Electronics industry, Industrial Machinery industry, Aerospace and Defense sector, and Other industries including the Petrochemical, Utility, and Other Process industries.

TechNavio's report, the Global Product Data Management Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Product Data Management market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- APAC
- EMEA

Key Vendors

- Dassault Systemes
- Oracle
- Parametric Technology
- SAP
- Siemens PLM Software

Other Prominent Vendors

- Accenture
- Autodesk
- Aveva Group
- IBM
- Synopsys

Market Driver

- Reduced Time to Market
- For a full, detailed list, view our report

Market Challenge

- High Cost of Implementation
- For a full, detailed list, view our report

Market Trend

- Growing Need for Standardization in Product Designs
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors

Companies Mentioned in this Report: Dassault Systemes, Oracle, Parametric Technology, SAP, Siemens PLM Software, Accenture, Autodesk, Aveva Group, IBM, Synopsys

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