Global Digital Manufacturing Market to Grow 7.6% by 2020 - Driven by the Introduction of Loud-Based DM Software - Research and Markets

DUBLIN, July 14, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Digital Manufacturing Market 2016-2020" report to their offering.

The report forecasts the global digital manufacturing market to grow at a CAGR of 7.6% during the period 2016-2020.

The report 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.

A trend which is boosting market growth is the introduction of cloud-based DM software. Vendors are focusing on reducing the cost of PLM, thereby leading to the wide-spread introduction of cloud-based PLM software. Various PLM service providers are implementing PLM on the cloud for end-users. For instance, Wipro, a global information technology, consulting, and outsourcing firm, is providing cloud-based PLM services for Siemens PLM Software's solution, Teamcenter. These services help electronics and semiconductor manufacturing companies to deploy Teamcenter on the cloud through infrastructure as a service. It also helps end-users to reduce upfront costs for implementation and the TCO.

According to the report, a key growth driver is the use of DM as an essential link in manufacturing. DM is the connecting link that integrates actions of the three sections of manufacturing such as facility, production, and product design.

Further, the report states that one challenge that could restrict market growth is the threat from pirated software.

Key vendors:

• Siemens PLM Software
• Dassault Systemes
• Autodesk
• Mentor Graphics
• PTC

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Overview of DM market

PART 06: Role of DM in manufacturing

PART 07: DM value creation

PART 08: Global DM market by end-user

PART 09: Buying criteria

PART 10: Geographical segmentation

PART 11: Key leading countries

PART 12: Market drivers

PART 13: Impact of drivers

PART 14: Market challenges

PART 15: Impact of drivers and challenges

PART 16: Market trends

PART 17: Impact of trends

PART 18: Vendor landscape

PART 19: Key vendor profiles

PART 20: Appendix

For more information visit http://www.researchandmarkets.com/research/bb5w4x/global_digital

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