DM market in India to grow at a CAGR of 7.31% over the period 2014-2019; Finds New Report

Report forecast the DM market in India to grow at a CAGR of 7.31% over the period 2014-2019.

DM is one of the sub-segments of PLM. It improves the overall efficiency of production by optimizing the manufacturing process, managing data in the product development cycle, and supporting effective collaboration within an organization, which in turn reduces manufacturing costs. DM software provides and supports process planning, factory modeling, visualization and simulation of operations, human factor analysis, and collaborative communication.

According to the report, DM reduces production time and improves the lead time of manufacturing processes. It helps decrease the lead time by reducing product design time, shortening the production planning process, and reducing the time spent on design changes. Thus, DM reduces the overall time-to-market by 30% by improving the operation planning and the product design processes.

Further, the report states that the training and product costs involved are high, which can force organizations to use counterfeit or open-source DM software solutions.

DM Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers India; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the DM market in India: Dassault Systèmes, PTC and Siemens PLM

Other Prominent Vendors in the market are: 3D Systems, HP, SAP, TCS and Visual Components

Market Driver

• Benefits associated with adoption of DM
• For a full, detailed list, view our report

Market Challenge

• High implementation and training costs
• For a full, detailed list, view our report

Market Trend

• Evolution of DDM
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors

Spanning over 70 pages and 20 Exhibits “DM Market in India 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Effect of PLM, ERP, SCM, and CRM Solutions on Product Life Cycle, Major Industries and their PLM Solution Providers, DM Value Creation, Market Landscape, Market Segmentation by End-users, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/464