202205 Aug

Global Product Lifecycle Management (PLM) Software Market | Expected to Grow CAGR of 6.52% | Business Statistics, Development Data, Forecast to 2022-2027

Summary

– The increasing use of digital manufacturing and rising integration of IoT in producing autonomous cars is one of the key trends that is expected to drive PLM software market in the automotive sector, during the forecast period. As the economic growth of the region has a direct impact on the sales of passenger cars and commercial vehicles, PLM software is mainly used in the product development stage, which starts long before manufacturing begins in the automotive industry. – For instance, America Makes (a leading and collaborative partner in additive manufacturing (AM)/3D printing (3DP) technology and workforce development) chose to migrate to AWS and use the Siemens PLM Teamcenter solution for its digital storefront. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to help them achieve their strategic and operational digital transformation goals. To view the original version on The Express Wire visit Global Product Lifecycle Management (PLM) Software Market | Expected to Grow CAGR of 6.52% | Business Statistics, Development Data, Forecast to 2022-2027

Source: Digitaljournal

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