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Collaborative Product Definition Management Market Share, Size, Overview, Outlook and Research Report 2016

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According to the report, one of the key drivers for market growth will be the necessity for safety features in automobiles. The cPDM market in the automotive industry is driven by the increasing need for passenger safety.
Collaborative Product Definition Management Market Analysis, Share
and Size, Emerging Trends, Overview and Outlook, Growth And
Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Global Collaborative Product Definition
Management (cPDM) Market 2016-2020
Technavio recognizes the following companies as the key players in the global collaborative product
definition management (cPDM) market: Siemens PLM Software, Dassault Systèmes, PTC and SAP.
Other Prominent Vendors in the market are: Accenture, Aras, Autodesk, Geometric, HP, IBM¸ Oracle,
Polarion Software, TCS, and Wipro.
Browse full report with TOC@ https://marketreportscenter.com/reports/368514/global-collaborativeproduct-definition-management-market-2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “Increasing complexity of data
management will be a key trend for market growth. Machine learning is the process by which computers
act and make decisions without any human/explicit programming through pattern recognition and
artificial intelligence. Integration of machine learning in operations, a major trend in manufacturing, has
helped manufacturers to use predictive analysis in their manufacturing processes for gaining useful
insights. Machine learning can increase the production capacity by more than 15%. Material wastage
could be lowered by 5%.
”According to the report, one of the key drivers for market growth will be the necessity for safety
features in automobiles. The cPDM market in the automotive industry is driven by the increasing need
for passenger safety. The increase in number of deaths resulting from road accidents has encouraged
many countries to mandate the adoption of better safety features in automobiles. The increasing need
for safety features has driven the growth of cPDM in the automotive industry. cPDM is widely used for
R&D activities related to crash tests and other safety feature measurements.
Further, the report states that lack of standardization will be a challenge for the market. Vendors are
finding it difficult to provide interoperability because of the lack of standardization in terms of program
formats, protocol, syntax, and terminology. Each vendor uses different file formats, which affects the
interoperability of cPDM software provided by different vendors. cPDM customers also face a challenge
because of the lack of integration between PLM and enterprise applications. Therefore, PLM vendors
and the core cPDM vendors need to develop a common platform to prevent standardization problems in
the market.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/368514
About cPDM
cPDM is software that is used to manage and integrate product data into a centralized system for better
tracking and enhanced collaboration among business units. cPDM software solutions help enterprises
streamline manufacturing and production processes by applying a consistent set of business solutions
that collaboratively provide efficient methods to manage the functions of product lifecycle management
(PLM). These solutions also help organizations to boost efficient business operations and launch
innovative and profitable products in the evolving e-business web-enabled environment.
Technavio’ s analysts forecast the global collaborative product definition management (cPDM) market
to grow at a CAGR of 10.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global collaborative product
definition management (cPDM) market for 2016-2020. To calculate the market size, the report considers
the revenue generated from the sales of cPDM software and services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Collaborative Product Definition Management (cPDM) 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.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/368514
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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