Fast Market Research announces the availability of the new TechNavio report, "Global Digital Manufacturing Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 07/21/2016 --Many manufacturing companies need product life cycle management (PLM) software because it deals with different functional levels of an organization such as product designing, design engineering, and manufacturing. The need for managing a product during the manufacturing process has led to the emergence of PLM software and services. The growing complexity of products and the increase in product portfolio across organizations has led to the demand for a system that can provide solutions to the production process across industries. The implementation of PLM in an organization provides higher revenue, reduces cost, and increases capital efficiency.

Technavio's analysts forecast the global digital manufacturing market to grow at a CAGR of 7.6% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global digital manufacturing market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of DM software only.

Get More Details on this Report and a Full Table of Contents at Global Digital Manufacturing Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Digital Manufacturing Market 2016-2020, 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

-Siemens PLM Software
-Dassault Systemes
-Autodesk
-Mentor Graphics
-PTC

Other prominent vendors

-CAD Schroer
-Open Factory 3D
-Bentley Systems

Market driver

-DM as an important link in manufacturing
-For a full, detailed list, view our report

Market challenge

-Threat from pirated software
-For a full, detailed list, view our report

Market trend

-Introduction of cloud-based DM software
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Siemens PLM Software, Dassault Systemes, Autodesk, Mentor Graphics, PTC, CAD Schroer, Open Factory 3D, Bentley Systems

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