Research and Markets (http://www.researchandmarkets.com/research/tfpnnk/global_cpdm)
has announced the addition of the "Global
CPDM Market 2014-2018" report to their offering.
The Global Collaborative Product Definition Management market will grow
at a CAGR of 8.41 percent over the period 2013-2018.
The Global Collaborative Product Definition Management market can be
divided into eight segments: Automotive, Electrical and Electronics,
Industrial Machinery, Aerospace and Defense, Petrochemical, Utility,
Other Process Industries, and Others. These are the major end-users of
collaborative product definition management software solutions.
The adoption of SaaS-based cPDm applications is expected to grow rapidly
in the near future. The traditional on-premises deployment of cPDm
sofware solutions is slowly being replaced by single and multi-tenant
hosted SaaS. SaaS is becoming a popular option for deploying enterprise
software. In addition to the increased adoption of SaaS-based solutions
by SMEs, they are gradually being used by large enterprises.
According to the report, the growth of the Global cPDm market is driven
by several factors. One of the main factors is the increased need to
develop competitive strategies. The competitive scenario in the global
market has compelled companies to review their growth strategies to
reduce losses and maximize profit margins.
Further, the report states that despite the presence of drivers, the
Global cPDm market faces some serious challenges. One of the main
challenges in this market is the increased concern over data security in
cPDm. Users of cPDm software solutions face security issues because of
the increased level of data sharing among multiple partners in the
supply chain, which poses a serious challenge to market growth.
Other Prominent Vendors
The report also includes a discussion of the other vendors operating in
this market. The study was conducted using an objective combination of
primary and secondary information including inputs from key participants
in the industry. The report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors.
For more information visit http://www.researchandmarkets.com/research/tfpnnk/global_cpdm
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