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Worldwide Product Life-Cycle Management Applications 2006-2010 Forecast: A First Look at an Encouraging 2005

Published by: IDC

Published: Apr. 27, 2006 - 19 Pages


Table of Contents


Table of Contents
IDC Opinion
In This Study
Methodology
Product Life-Cycle Management Market Definition
Situation Overview
The Product Life-Cycle Management Market in 2005
Future Outlook
Forecast and Assumptions
Product Life-Cycle Management Forecast, 2006-2010
Worldwide
Table: Worldwide Product Life-Cycle Management Applications Revenue by Region, 2005-2010 ($M)
MCAD/CAE/CAM
Product Information Management
Table: Worldwide Product Life-Cycle Management Applications Revenue, 2005-2010 ($M)
Project and Portfolio Management
Enterprise Asset Management
By Geographic Region
Table: Key Forecast Assumptions for the Worldwide Product Life-Cycle Management Software Market, 2006-2010
Figure: Worldwide Product Life-Cycle Management Applications Revenue by Region, 2005 and 2010
Market Context
Table: Worldwide Product Life-Cycle Management Applications Revenue, 2004-2010: Comparison of May 2005 and April 2006 Forecasts ($M)
Figure: Worldwide Product Life-Cycle Management Applications Revenue, 2004-2010: Comparison of May 2005 and April 2006 Forecasts
Figure: Worldwide Product Life-Cycle Management Applications Revenue Growth, 2004-2010: Comparison of May 2005 and April 2006 Forecasts
Essential Guidance
Learn More
Related Research
Methodology
Synopsis

Abstract

This IDC study provides a top-down sizing of the product life-cycle management (PLM) applications market in 2005 and a 2006-2010 forecast. Spending for PLM applications will increase as manufacturers in industrialized countries rely on automation software to improve their competitiveness through better management of innovation and globalized business partner networks. Another market driver will be manufacturing and services companies that are setting up operations in lower-wage countries.

Gisela Wilson, director of IDC's Product, Project, and Portfolio Management (3PM) program, explains, "Opportunities for software providers in the PLM applications market are improving because manufacturing and services companies are investing again in IT software and hardware. IDC is confident that the PLM market will continue to grow at a solid pace as competition among global manufacturers and services providers drives the need for higher quality, better cost control, and faster time to market for innovative products and services. IDC believes that the small and medium-sized manufacturing businesses will increase demand for PLM but will not contribute to overall revenue to the point of creating sizeable revenue spikes."



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