CIMdata Publishes PLM Industry Analysis Report

Fifth Module of the 2021 PLM MAR Report Series

ANN ARBOR, Michigan, USA 4 August 2021—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the release of the CIMdata PLM Industry Analysis Report, the fifth of five modules of the CIMdata 2021 PLM 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 providers, and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth.

All industries saw growth in PLM spending in 2020, as shown in the figure below. CIMdata forecasts continued growth in all industries during the five-year forecast period.

PLM spending is greatest in automotive & other transportation, mechanical machinery and heavy equipment, and aerospace & defense. It is lower in the process industries and utilities. However, some good process-focused PLM solutions are available, and they are becoming more important with growing concerns about food safety, particularly in emerging economies. Growth in PLM for medical devices is driven by stringent compliance requirements that can vary by country, something that PLM strategies and enabling solutions can address. All industries are being affected by the trend toward smart, connected products, either directly or because of the effects of the Internet of Things (IoT) and the drive toward Industry 4.0, an initiative that originated in Germany that has inspired programs and spending in countries around the world. CIMdata believes there are good opportunities in all segments as corporate management continues to become more cognizant of the value of PLM and its positive impacts on both the top and bottom lines of a business. The global COVID-19 pandemic had a large impact on the PLM market in 2020 and CIMdata’s forecasts include consideration of its continuing effects in 2021 and beyond. Different industries will see different impacts, and this is discussed in the report.

“The global PLM Economy struggled in the face of COVID-19, but many PLM providers were part of success stories around the globe. After a tough year, the global PLM market grew 3.8% in 2020, over our forecast of -1.7%, mainly due to strength in some tools segments,” states Mr. Stan Przybylinski, CIMdata’s Vice President. “The leading PLM solution providers continue to consolidate their portfolios after years of acquisitions. Before the pandemic, CIMdata was not sure if M&A activity would continue at the same high rate, but the PLM Economy did not miss a beat, with almost as many acquisitions in 2020 as in 2019. And the rate has increased so far in 2021. There were differential impacts by industry but CIMdata believes that the underlying trends have only gotten stronger and expects investment to rebound in 2021 and beyond. Industrial companies are embracing digitalization strategies and using PLM to enable highly collaborative, distributed, flexible design and manufacturing environments to help better manage the entire product or plant lifecycle. This ability is critical to all industries and only becomes more complex as smart, connected products must act as parts of larger systems. Interest in cloud-based solutions grew substantially during 2020, with our industrial consulting clients and as reflected in a global industrial survey that CIMdata completed in early 2021.”

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-term, and what is on the horizon in the years to come.
3. The CIMdata 2021 PLM Market and Solution Provider Analysis Report details 2020 measures for the overall PLM market and its key segments, including Tools, cPDm, and Digital Manufacturing. The Tools section has additional details on sub-segments, including MCAD, CAM, S&A, EDA, and AEC. It also includes CIMdata’s forecast 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 2021 to 2025 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 2021 to 2025 market forecasts for PLM and cPDm are provided for eight different industry sectors: aerospace and defense; automotive and other transportation; electronics/telecommunications; fabrication and assembly; process-packaged goods; process—petrochemical; utilities; and construction, infrastructure, and shipbuilding.

The CIMdata PLM MAR Series is available as a five-module set, or each module can be purchased separately. Those who buy MAR volumes can also purchase Excel workbooks with the complete annual analysis at an extra fee. Parts of the MAR series are available as part of CIMdata’s Community Memberships. CIMdata also publishes country-specific MAR reports for Brazil, China, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States. Further details and pricing information about the reports and Community Memberships are available at www.cimdata.com.