[February 14, 2012] 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 Tweet Feb 14, 2012 (M2 PRESSWIRE via COMTEX) -- Research and Markets(http://www.researchandmarkets.com/research/ad7777/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 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/ad7777/product_lifecycle CONTACT: Research and Markets Laura Wood, Senior Manager, [email protected] U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected]. [ Back To TMCnet.com's Homepage ]