The event presents PLM industry trends, 2018 global PLM market growth, and major research topics.
ANN ARBOR, Michigan, 5 April 2019—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the successful completion of its 2019 North American PLM Market & Industry Forum—the first in a series of five global events. This year’s North American Forum was held in Ann Arbor, Michigan on 4 April 2019. There were 36 PLM industry participants representing 20 leading global PLM software and service providers.
CIMdata’s PLM Market & Industry Forums represent the world’s premier event for software and service providers focused specifically on the PLM market and the issues concerning its development and growth. Participants gathered to hear CIMdata’s perspective on the state and trends of the PLM market, as well as a detailed discussion of CIMdata’s research and viewpoints on the 2018 PLM market results. CIMdata’s extensive analysis and forecasts regarding market growth across PLM domains, industries, and regions, and the performance (revenue and market share analysis) of leading PLM software and service providers was shared. The theme for 2019 is “Augmented Intelligence: Applications Across the Product Lifecycle.”
In addition to the state and trends, the agenda included presentations on:
- Intelligence for Product Lifecycle Innovation
- Beyond Generative Design
- Predictive Maintenance–Benefits of Closing the Product Lifecycle Loop
- Getting to Markets of One
- Digitalization and MBSE: Market Trends, Challenges & Opportunities
Commenting on the PLM market, Stan Przybylinski, CIMdata’s Vice President, stated that, “The PLM market, as measured by CIMdata, grew by 9.9% in the calendar year 2018, with growth in all segments, well above our growth forecast of 7.0%. The completion of Autodesk's license model transition drove well above average growth in the mechanical computer-aided design (MCAD) and architecture, engineering, and construction (AEC) segments. Computer-aided manufacturing (CAM), which most years grows in the 5-7% range also saw above-average growth at 9.5%. Simulation & Analysis had another very strong year, with 12.8% growth for the year. Smart connected products and the move to address Industry 4.0 drove above-forecasted growth in the Systems Integrator segment and software development tools. We also saw higher growth in the electronic design automation (EDA) segment, with the segment leaders Cadence, Synopsys, and the Mentor unit of Siemens PLM Software all growing strongly. Digital transformation is closely related to Industry 4.0 and is spreading across multiple industries. Making these changes will continue to require strong PLM processes and enabling environments, which will drive overall PLM market growth in the coming years.”
The North American PLM Market & Industry PLM Market & Industry Forum is the first in a global series, with the next scheduled for 11 April in Frankfurt, Germany. Additional Forum sessions will take place in Pune, India on April 15; Beijing, China on April 19; and Tokyo, Japan on April 24.
The PLM Market & Industry Forums provide the first look at CIMdata’s PLM market estimates. The full analysis will be released in the CIMdata PLM Market Analysis Report Series. For more information, please see www.CIMdata.com.
