ANN ARBOR, MI, USA, Jul 11, 2022 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata 2022 Executive PLM Market Report. This report provides an executive-level view of CIMdata’s comprehensive analysis of the PLM market, with summary charts on the overall market and specific PLM solution segments (including the chart below). It also includes perspectives on current trends in the PLM industry and how they may affect current suppliers and investments.

The PLM Economy, as measured in CIMdata’s PLM market analysis, continues to grow even in the face of COVID-19. In the calendar year 2021, the PLM market grew to nearly $60.6 billion overall (11.9% growth over 2020). “The PLM market saw really strong results in 2021, beating our forecast,” said Mr. Stan Przybylinski, CIMdata’s Vice President. “Electronic Design Automation (EDA) led the pack with a year-on-year growth of 15.9%, driven by market leaders Cadence and Synopsys. However, according to the Electronic System Design Alliance, the whole market grew faster than its leaders. Autodesk’s results also contributed to strong growth in Architecture, Engineering, and Construction (AEC) at 14.7%. Finally, simulation and analysis (S&A) returned to strong growth at 11.3%. We expect the move toward smart, connected products to continue growth in S&A, software development tools, and electronic design automation (EDA).”

This report is the first of five modules of the CIMdata 2022 Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis on the worldwide PLM market for the calendar year 2021. It contains analyses of major trends and issues, revenues of leading PLM providers, and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth.

The CIMdata PLM Market Analysis Report Series comprises five modules:

1. The CIMdata 2022 Executive PLM Market Report provides an overview of CIMdata’s complete global analysis. It includes key charts on PLM market investment statistics through 2021, forecasts of investments for 2022 through 2026, and a summary of PLM solution providers’ performance in 2021.
2. The CIMdata 2022 PLM Industry Review and Trends Report is mainly qualitative and focuses on key issues facing the global PLM ecosystem of solution providers and end-user organizations. It highlights changes that occurred in 2021, what effects those changes may have in the short and medium term, and what is on the horizon in the coming years.
3. The CIMdata 2022 PLM Market and Solution Provider Analysis Report details measures of and forecasts for the overall PLM market and its key segments in 2021, including Tools, cPDm, and Digital Manufacturing. The Tools section has additional details on sub-segments, including MCAD, NC, S&A, EDA, and AEC. It also includes CIMdata’s estimates of PLM solution provider revenues in these segments and sub-segments for 2022 through 2026.
4. The CIMdata 2022 PLM Market Geographic Analysis Report provides an additional view of the 2021 market results by major geography. CIMdata’s 2021 estimates and market forecasts for PLM and the major PLM market segments are provided for the Americas, EMEA, and Asia-Pacific. In addition, the report includes estimates and forecasts for the cPDm segment within specific European and Asia-Pacific countries and regions.
5. The CIMdata 2022 PLM Market Industry Analysis Report provides an industry segmentation view of the 2021 market results. CIMdata’s 2021 estimates and market forecasts for PLM and cPDm are provided for ten industry sectors: aerospace and defense, automotive and other transportation, electronics/telecommunications, fabrication and assembly, process-packaged goods, process-petrochemical, utilities, construction, infrastructure, and shipbuilding.

The CIMdata PLM Market Analysis Report Series is available as a five-module set, or each module can be purchased separately. Selected modules are also available as part of the CIMdata Community Memberships. Further details and pricing information about the report and Community Memberships are available at www.cimdata.com.