Worldwide Product Life-Cycle Management Applications 2005 Vendor Shares

This IDC study provides a competitive analysis of worldwide product life-cycle management (PLM) applications providers. Revenue data for 2003?2005 and market share information provide an overview of 109 PLM players and their respective clout in this maturing market. Vendors included in this study are those that provide software applications for product data management, project management, enterprise asset management, and mechanical CAD/CAE/CAM.

There is no doubt that competition in PLM has been heating up as the economy has improved. IDC's research shows, in particular, that success for PLM vendors is driven by the level to which they can support the globalization of the manufacturing industry with increasing collaboration among business partner networks. However, opportunities will also grow for PLM vendors that provide products specifically targeted at small and medium-sized businesses.

Gisela D. Wilson, director of IDC's PLM Solutions, says, "IDC is confident that PLM vendors will continue to see solid growth. Vendors will benefit from global manufacturers' demand for integrated software solutions that will enable them to achieve higher quality, better cost control, and faster time to market for innovative products."