Key Takeaways:
- CIMdata Market Analysis Report stats based on 2015 research and future forecast
- Trends drive changes in product development that are making S&A solutions and enabled processes a strategic necessity
- Technology, process and manufacturing trends that S&A solution providers must address.
- S&A market leaders and what they need to address
The CIMdata PLM Market Analysis Report (MAR) Series is a set of related reports that serve to document CIMdata’s analysis of the product lifecycle management (PLM) market. The 2016 report series documents CIMdata’s analysis of the global PLM market results for the 2015 calendar year. One of the MAR report focuses on the global market for simulation and analysis (S&A) software and associated services.
Over the last several years S&A has been the star of the PLM market for the last several years. There is little indication that S&A growth will cease, but it should moderate over the forecast horizon (the next five years) after several years of strong double-digit growth. Growth at some of the larger S&A solution providers is slowing, partly because their revenues are so high at present.
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