About PLM Market in the Electrical and Electronics Industry
Consumers nowadays prefer to access internet facilities on the go, without time and location constraint. Since these facilities are well supported by tablet OS and smartphones, with an enhanced HD viewing experience on a small screen and web surfing capability, the production of smartphones and tablets is on the rise. Thus, the increasing production of tablets and smartphones is leading to the growth of the PLM market in the electrical and electronics industry.
Technavio's analysts forecast the global PLM market in the electrical and electronics industry to grow at a CAGR of 8.98% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global PLM market in the electrical and electronics industry for the period 2015-2020. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors, which includes VARs and distributors.
Technavio's report, Global PLM Market in the Electrical and Electronics Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.