ANN ARBOR, MI, USA, Oct 13, 2023 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of ten additional country-specific 2023 PLM Market Analysis Reports. These additional reports follow the release of the 2023 China PLM Market Analysis Report earlier this year.
The CIMdata PLM MAR series presents CIMdata’s analysis of the 2022 product lifecycle management (PLM) market. The complete global analysis provides CIMdata’s perspective on PLM across a variety of industry and geographic sectors, identifies market trends, reviews investments in PLM-related software and services during 2022, and forecasts PLM investments for 2023 through 2027. It includes charts that present the overall PLM market and its various sectors as defined by CIMdata. These include collaborative Product Definition management (cPDm), tools and tools sub-sectors, Digital Manufacturing, and System Integrator/Reseller/Value-Added Reseller.
In addition to its global PLM Market Analysis reports, CIMdata offers eleven country-specific PLM Market Analysis Reports:
- Brazil
- China
- France
- Germany
- India
- Italy
- Japan
- Russia
- South Korea
- United Kingdom
- United States
These reports focus on the PLM market in each country, including its main segments and the 2022 financial results for PLM solution and service providers. Each country report includes estimates of spending by industry segment within the country, market presence within the country, growth of the top 10 suppliers in that country, revenue by global mindshare leaders, market shares in each measured segment, and five-year forecasts.
“2022 was a strong year for PLM globally,” according to Stan Przybylinski, CIMdata’s Vice President. “Overall growth was 10%, with most segments growing year-on-year. There were bright spots in some segments and in some geographic regions.” For calendar year 2022, at $12.5 billion, the United States is the largest market and is forecast to grow at a compound annual growth rate (CAGR) of 8.8% through 2027. Japan PLM revenues were $4.6 billion and a CAGR of 7.7%. PLM revenues in Germany were $4.7 billion and a CAGR of 8.1%. These three countries have dominated the PLM market for years, and will maintain that position. However, South Korea (at $702.4 million and a 8.8% CAGR) and the emerging PLM economies of Brazil, China, and India have great potential. CIMdata estimates the 2022 PLM revenues in Brazil were $324 million (10.1% CAGR), China $3.6 billion (14.1% CAGR), and in India $961 million (11.1% CAGR).” Mr. Przybylinski continued, “For 2022 CIMdata estimates PLM revenues in France at $2.1 billion with a CAGR of 8%, Italy at $732 million and 7.5%, and the United Kingdom at $1.58 billion and 8%.”
The CIMdata country-specific PLM Market Analysis Reports are available for purchase at www.CIMdata.com.
