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CIMdata specializes in PLM consulting and research, and its "2011 China Product Lifecycle Management Market Analysis Report" provides detailed information and in-depth analysis of the People's Republic of China's rapidly-evolving mainstream PLM market. The report discusses the major China PLM trends and issues, purchase investments in PLM software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to this important and quickly expanding economic region.
"While the global PLM market returned to growth in 2010, the Chinese PLM market came back even stronger," noted Stan Przybylinski, CIMdata director of research. "In 2010, the Chinese mainstream PLM market grew 16.2 percent, and in 2011 the growth rate of the Chinese mainstream PLM market is forecasted to be 16.5 percent."
Chinese industries that are heavily investing in PLM include aerospace, automotive, high-tech, and mechanical machinery, according to the report, which was a collaborative effort of CIMdata and China-based e-Works Manufacturing Information Technology Co., Ltd.
This report also provides insight into PLM market dynamics within the region and the revenue performance of the leading China-based and international PLM solution suppliers based elsewhere. Global PLM solution suppliers continue to invest in China and are expanding their partner networks and growing their customer bases, CIMdata finds.
The leading international PLM suppliers include Dassault Systemes, PTC and Siemens PLM Software, and these three firms accounted for just over 51 percent of mainstream PLM revenues in China during 2010. This shows just how strong China-based PLM suppliers have become, the analysts note.
"Just as in other industries, local firms are growing and developing solutions tailored to China," stated Peter Bilello, CIMdata president. "While at an early stage, the potential of these firms should not be underestimated."
Bilello suggested that the future looks bright for PLM in China as the major global PLM solution suppliers improve their execution in China over the next several years. "Also, the China-based PLM solution suppliers will further enhance market growth. The China-based PLM suppliers are adding solutions and consulting capabilities that should allow them to continue their rapid expansion," he added.
CIMdata designed the report to be a source of information to support business and market planning by PLM solution suppliers that are targeting China, as well as industrial companies within China who would like to understand the PLM competitive landscape. Further details, including pricing information about the report, are available on CIMdata's Web site for publications.
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