Many manufacturing companies need PLM software as it deals with the functional level of an organization such as product designing, design engineering, and manufacturing. The need for managing a product from the concept stage to servitization has led to the emergence of PLM software and services. The growing product complexity and increase in product portfolio across organizations have led to demand for a system that can provide solutions related to production process issues across industries. The implementation of PLM in an organization leads to cost reduction, higher revenue, and capital efficiency.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: PLM overview

Role of PLM in product development process

PART 06: DM market overview

DM

DM initiatives worldwide

PART 07: Role of DM in manufacturing

Virtual simulation and real operations

Virtual manufacturing and real world manufacturing

Virtual manufacturing

PART 08: DM value creation

PART 09: Market landscape

Market size and forecast

Role of DM in electrical and electronics industry

PART 10: Geographic segmentation

PART 11: Market drivers

Growing use of DM for improved traceability

DM as an inevitable link in manufacturing

Benefits associated with the adoption of DM

PART 12: Impact of drivers

PART 13: Market challenges

Threat of pirated software

Low adoption of DM among SMEs

High switching costs

PART 14: Impact of drivers and challenges

PART 15: Market trends

Increased use of mobile DM applications

Availability of cloud-based services

Evolution of DDM

PART 16: Five forces analysis

PART 17: Vendor landscape

Competitive scenario

Autodesk

Mentor Graphics

Siemens PLM Software

Dassault Systèmes

PTC

Other prominent vendors

PART 18: Appendix

List of abbreviations

PART 19: Explore Technavio