Lewes, DE -- (SBWire) -- 04/28/2015 --Report forecast the cPDM market in India to grow at a CAGR of 14.50 percent over the period 2014-2019.
Collaborative product definition management (cPDM) software solutions is a strategic business approach applying a consistent set of business solutions that collaboratively provide effective and efficient methods for managing the functions of product lifecycle management (PLM). They help in effective product data management, collaborative product visualization, collaborative product commerce, effective integration of cPDM with enterprise applications, and supplier relationship management (SRM). cPDM software solutions assist in streamlining manufacturing and production processes for efficient business operation. cPDM helps enterprises bring innovative and profitable products to market more effectively in the evolving e-business web-enabled environment. These software solutions are adopted by industries such as the Automotive, Electronics, Industrial Machinery, Aerospace and Defense, Process Packaged Goods, Petrochemical, and Shipbuilding.
According to the report, growing demand for LCC because of an increase in air travel within and to/from the region by the expanding middle class is propelling the growth of the market. In addition, LCC offer business-class seats and services combined with more economical travel options, which is further driving market growth.
Further, the report states that one of the major challenges faced by the market is the growing concerns over data security among end-users adopting cPDM solutions.
cPDM Market in India 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the cPDM Market in India 2015-2019: Dassault Systèmes, SAPTC (Parametric Technology) Inc., SAP SE and Siemens PLM Software.
Other Prominent Vendors in the market are: Accenture, Capgemini, Deloitte, HP, IBM, Oracle, Synopsys and TCS.
Key Market Driver
- Intense Competition among Service Providers
- For a full, detailed list, view our report
Key Market Challenge
- Increased Concern for Data Security in cPDM
- For a full, detailed list, view our report
Key Market Trend
- Availability of Cloud-based Services
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors
Spanning over 78 pages, "cPDM Market in India 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Market Segmentation by Product, End-user Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/cpdm-market-india-2015-2019
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