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]

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.