TechNavio's analysts forecast the PLM market in the Americas to grow at a CAGR of 7.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is the growing need for product innovation. The PLM market in the Americas has also been witnessing the growing need for integrated PLM solutions. However, the reluctant adoption of cloud-based PLM solutions could pose a challenge to the growth of this market.

TechNavio's report, the Product Lifecycle Management Market in the Americas 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas; it also covers the PLM 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 vendors dominating this market space include Autodesk Inc., Dassault Systemes SA, Parametric Technology Corp. and Siemens PLM Software Inc.

Other vendors mentioned in the report: SAP AG, Oracle Corp., Synopsys Inc., Cadence Design Systems Inc., Mentor Graphics Corp., Bentley Systems Inc., Aveva Group plc, Intergraph Corp. and Nemetschek AG.

Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?

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TechNavio's research portfolio in the Engineering series includes reports on the CAM Market, GIS Market, CAD Market, Construction Equipment Market, MES Market, PLM Market, CAE Market, FEA Market, PDM Market, AEC Software Market