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Global Mainstream Product Lifecycle Management Market to Grow at a CAGR of 9.9%, 2017-2021 with Dassault Systmes, PTC & Siemens PLM Software Dominating - Research and Markets

[June 23, 2017]

Global Mainstream Product Lifecycle Management Market to Grow at a CAGR of 9.9%, 2017-2021 with Dassault Systmes, PTC & Siemens PLM Software Dominating - Research and Markets

Research and Markets has announced the addition of the "Global Mainstream Product Lifecycle Management Market 2017-2021" report to their offering.

The global mainstream PLM market to grow at a CAGR of 9.93% during the period 2017-2021.

The report, Global Mainstream PLM Market 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.

According to the report, one driver in market is increase in demand for mainstream PLM for effective collaboration among Bus. Communication, coordination, and collaboration are the important processes of a globally dispersed enterprise. Mainstream PLM solutions, such as cPDM, enable effective collaboration among various departments that plan, design, manufacture, and support a prouct throughout its lifecycle. Product outlining is an important component in the overall manufacturing process. Mainstream PLM solutions also ensure the availability of updated product information to all units. The collaboration techniques conferred by mainstream PLM solutions add to the ease of designing a product, help manage material costs, lower inventory costs, and boost product quality.

Key vendors