ANN ARBOR, MI, USA, Sep 30, 2021 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of ten additional country-specific 2020 PLM Market Analysis Reports. These additional reports follow the release of the 2020 China PLM Market Analysis Report earlier this year.
The CIMdata PLM MAR series presents CIMdata’s analysis of the 2020 product lifecycle management (PLM) market. The complete global analysis provides CIMdata’s perspective on PLM across various industry and geographic sectors, identifies market trends, reviews investments in PLM-related software and services during 2020, and forecasts PLM investments for 2021 through 2025. 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 2020 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.
“2020 was a difficult year for the PLM Economy, as the global economy was gripped by the COVID-19 pandemic,” according to Stan Przybylinski, CIMdata’s Vice President. “Overall growth was 3.8% globally, with most segments declining year-on-year. There were bright spots in some segments and some geographic regions. Based on 2021 results to date, the market is rebounding strongly during 2021, consistent with CIMdata’s view that the underlying drivers for PLM growth, like Industry 4.0 and smart, connected products, remain strong despite the virus.
For the calendar year 2020, at $9.97 billion, the United States is the largest market and is forecast to grow at a compound annual growth rate (CAGR) of 7.4% through 2025. Japan’s PLM revenues were $4.4 billion and a CAGR of 7.3%. PLM revenues in Germany were $4.03 billion and a CAGR of 7%. These three countries have dominated the PLM market for years and will maintain that position. However, South Korea (at $702.4 million and an 8.8% CAGR) and the emerging PLM economies of Brazil, China, Russia, and India have great potential. CIMdata estimates the 2020 PLM revenues in Brazil were $271.5 million (7.8% CAGR), in India $710.9 million (9.5% CAGR), and in Russia $266 million (6.1% CAGR).” Mr. Przybylinski continued, “For 2020, CIMdata estimates PLM revenues in France at $1.7 billion with a CAGR of 7%, Italy at $592.6 million and 6.9%, and the United Kingdom at $1.24 billion and 7.1%.”
The CIMdata country-specific PLM Market Analysis Reports are available for purchase at www.CIMdata.com.
