| [February 15, 2012] |
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Research and Markets: The Product Lifecycle Management (PLM) Market in Japan to Grow at a CAGR of 4.75 Percent over the Period 2010-2014
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/0a796f/product_lifecycle)
has announced the addition of the "Product
Lifecycle Management Market in Japan 2010-2014" report to their
offering.
One of the key factors contributing to this market growth is the need
for reduced product development costs. The PLM market in Japan has also
been witnessing the emergence of rent-based PLM solutions in Japan.
However, the emerging threat from increasing counterfeit and open source
solutions could pose a challenge to the growth of this market.
TechNavio's report, Product
Lifecycle Management Market in Japan 2010-2014, has been prepared
based on an in-depth analysis of the market with inputs from industry
experts. The report focuses on Japan and covers the vendor landscape of
the PLM software market vendors and a corresponding detailed analysis of
the top four vendors. This market includes revenues obtained through
sales, services, maintenance and renewal of software licenses.
Key vendors dominating this market are Dassault Systmes SA, Siemens (News - Alert) PLM
Software, Autodesk Inc., and Parametric Technology Corp.
Commenting on the report, an analyst from TechNavio's Engineering
Software team said, with the advent of cloud computing technology that
offers huge space for data storage, access, and flexibility; there is an
increasing trend in development of cloud-based PLM solutions. The
virtual platform enables the organizations to access the PLM software on
a pay-per-use basis.
According to the report, with the increasing competition amongst
companies to develop quality products at minimal cost, several
organizations are adopting PLM software solutions. These software
solutions provide sophisticated capabilities such as virtual product
designing, simulation analysis and digital manufacturing capabilities.
Further, the report also discusses the challenges with high product and
training costs that can hinder the adoption of PLM software.
The contents of this report are based on research conducted on an
objective combination of primary and secondary scores, 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 players.
For more information visit http://www.researchandmarkets.com/research/0a796f/product_lifecycle.
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