Global Mainstream Product Lifecycle Management Market 2011-2015
TechNavio's analysts forecast the Global Mainstream Product Lifecycle Management (PLM) market to grow at a CAGR of 9.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need for an effective and efficient product development cycle. The Global Mainstream PLM market has also been witnessing the increasing adoption of cloud-based software. However, the lack of standardization among the competitors could pose a challenge to the growth of this market.
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