CIMdata Publishes PLM Market and Solution Provider Report

Third Module of the 2021 PLM MAR Report Series

ANN ARBOR, Michigan, USA 13 July 2021—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the CIMdata PLM Market and Solution Provider Analysis Report release, the third of five modules of the CIMdata 2021 Market Analysis Report Series. The MAR Series provides detailed information and in-depth analysis on the worldwide PLM market during 2020. It contains analyses of major trends and issues, revenues of leading PLM solution providers, and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth.

“The PLM market grew to $53.5 billion overall in 2020, 3.8% growth over 2019, better than our forecast of -1.7%,” said Mr. Stan Przybylinski, CIMdata’s Vice President. “Electronic Design Automation (EDA) saw strong double-digit gains, driven by market leaders Synopsys, Cadence, and Siemens Mentor. Other Tools, our segment that includes tools to develop product software, grew 7.6%, consistent with previous years even in the face of a global pandemic, CIMdata expects the market to quickly return to strong growth going forward because the underlying trends smart, connected products and Industry 4.0 have only gotten stronger during the crisis. CIMdata forecasts the PLM market to grow 7.5% in 2021. Looking toward 2025, CIMdata forecasts the PLM market to grow at a compound annual growth rate (CAGR) of 8.5% to $80.3 billion.”

Companies make PLM investments in many different areas and with many types of solutions, including mechanical CAD, simulation and analysis, visualization and collaboration, building design, and others. This diversity is reflected in the different solution providers to the PLM market and that no single type of provider dominates the industry. During 2020, a number of providers generated substantial revenues that represent PLM-related investments. Nineteen providers generated PLM revenues in excess of $500 million from both the tools and the cPDm segments. Three solution providers, Dassault Systèmes, PTC, and Siemens Digital Industries Software, are major providers of both tools (such as MCAD) and cPDm technology, while others, such as Autodesk and Cadence, are primarily tool providers that focus on specific segments within the overall market. While Hexagon does not position itself as a PLM company, their revenues from businesses CIMdata does count in PLM puts them in the top-10. It illustrates the breadth of companies participating in the overall PLM market, even though they may not all compete directly with each other.

PLM Market History and 5-Year Forecast

The CIMdata PLM Market Analysis Report Series is packaged as five modules:

1. The CIMdata 2021 Executive PLM Market Report provides an overview of CIMdata’s complete global analysis. It includes key charts on PLM market investment statistics through 2020, forecasts of investments for 2021 through 2025, and a summary of PLM solution providers’ performance in 2020.
2. The CIMdata 2021 PLM Industry Review and Trends Report is mainly qualitative in nature, and focuses on key issues facing the global PLM Ecosystem of solution providers and end user organizations. It highlights changes that occurred in 2020, what effects those changes may have in the short and medium terms, and what is on the horizon in the years to come.
3. The CIMdata 2021 PLM Market and Solution Provider Analysis Report details measures of and forecasts for the overall PLM market and its key segments in 2020, including Tools, cPDm, and Digital Manufacturing. The Tools section has additional details on sub-segments, including MCAD, NC, S&A, EDA, and AEC. It also includes CIMdata’s estimates of PLM solution provider revenues in these segments and sub-segments for 2021 through 2025.
4. The CIMdata 2021 PLM Market Geographic Analysis Report provides an additional view of the 2020 market results, by major geography. CIMdata’s 2020 estimates and market forecasts for PLM and the major PLM market segments are provided for the Americas, EMEA, and Asia-Pacific. In addition, the report includes estimates and forecasts for the cPDm segment within specific European and Asia-Pacific countries and regions.
5. The CIMdata 2021 PLM Market Industry Analysis Report provides an industry segmentation view of the 2020 market results. CIMdata’s 2020 estimates and market forecasts for PLM and cPDm are provided for ten different industry sectors: aerospace and defense, automotive and other transportation, electronics/telecommunications, fabrication and assembly, process-packaged goods, process—petrochemical, utilities, construction, infrastructure, and shipbuilding.

The CIMdata PLM Market Analysis Report Series is available as a five-module set or each module can be purchased separately. Portions are also available as part of the CIMdata Community Memberships. Further details and pricing information about the report and Community Memberships are available at www.cimdata.com.