Boston, MA -- (SBWIRE) -- 08/22/2014 -- The use of cPDM software solutions is a strategic business approach that applies a consistent set of business solutions to collaboratively provide effective and efficient methods for managing the functions of PLM. These solutions facilitate effective product data management, collaborative product visualization, collaborative product commerce, effective integration of cPDM with enterprise applications, and SRM. These software solutions help organizations to streamline manufacturing and production processes for efficient business operations. They also help enterprises to bring innovative and profitable products to market more effectively in the evolving e-business web-enabled environment. They are utilized by industries such as the Automotive, Electrical and Electronics, Industrial Machinery, Aerospace and Defense, Process Packaged Goods , Petrochemical, and Shipbuilding industries.

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TechNavio's analysts forecast the Global Collaborative Product Definition Management market will grow at a CAGR of 8.41 percent over the period 2013-2018.

Covered in this Report

The Global Collaborative Product Definition Management market can be divided into eight segments: Automotive, Electrical and Electronics, Industrial Machinery, Aerospace and Defense, Petrochemical, Utility, Other Process Industries, and Others. These are the major end-users of collaborative product definition management software solutions.

TechNavio's report, the Global Collaborative Product Definition 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 EMEA and APAC regions; it also covers the Global Collaborative Product Definition Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- EMEA
- APAC

Key Vendors

- Dassault Systemes SA
- Parametric Technology Corp.
- SAP AG
- Siemens PLM Software Inc.

Other Prominent Vendors

- Accenture plc
- Autodesk Inc.
- IBM Corp.
- Oracle Corp.
- Synopsys Inc.

Key Market Driver

- Need to Develop Competitive Strategies
- For a full, detailed list, view our report.

Key Market Challenge

- Concerns over Data Security of cPDM
- For a full, detailed list, view our report.

Key Market Trend

- Adoption of SaaS-based cPDM
- 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 SA, Parametric Technology Corp., SAP AG, Siemens PLM Software Inc., Accenture plc, Autodesk Inc., IBM Corp., Oracle Corp., Synopsys Inc

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