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Outlook of global PLM software industry just published

IT Market Research

Product lifecycle management (PLM) software market helps in several stages of product development such as product designing, design engineering, and manufacturing. The growing product complexity and the increase in product portfolio across organizations have led to the emergence of PLM software and services.

About PLM Software in the Automotive Sector

Product lifecycle management (PLM) software caters to the need for managing products in terms of servitization. It offers solutions to the production process across industries.

The implementation of PLM software in an organization provides higher revenue, reduce cost, and capital efficiency.

Analysts forecast the global PLM software market in the automotive sector to grow at a CAGR of 8.81% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global PLM software market in the automotive sector for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:




Global PLM Software Market in the Automotive Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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Key vendors


Dassault Systmes


Siemens PLM Software

Other prominent vendors



Arena Solutions

Bentley Systems

CAD Schroer



Omnify Software





Market driver

Decrease in product design time and cost

For a full, detailed list, view our report

Market challenge

Concerns about data security in PLM

For a full, detailed list, view our report

Market trend

Use of DM in manufacturing intelligent cars

For a full, detailed list, view our report 

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