Market Overview:
The global collaborative product definition management (CPDM) market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for collaborative product definition management software and services across different industries. The automotive industry is expected to account for the largest share of the global CPDM market in 2018, followed by electrical and electronics, industrial machinery, aerospace and defense, petrochemical, utilities, and others industries. North America is expected to account for the largest share of the global CPDM market in 2018 followed by Europe Asia Pacific , Latin America , Middle East & Africa .
 Industry Outlook.svg)
Product Definition:
The definition of CPDM is " a collaborative process that allows engineering and marketing teams to work together to develop products that meet customer needs. The importance of CPDM is that it allows companies to develop products faster and more efficiently while still meeting customer demands.
Software:
Software is the core of any industry. The collaborative product definition management (CPDM) market has witnessed significant growth over the past few years and is expected to grow at a higher CAGR in near future. Software solutions are being increasingly adopted by industries for streamlining their processes, which helps them achieve economies of scale as well as improve flexibility and agility in their operations.
Service:
Service is a set of processes and activities provided to the customer by a company. Service includes consulting, training & development, maintenance & support, and repair services. Service helps companies to reduce their operational cost as it reduces the burden on equipment or software requirement which in turn reduces IT Cost and improves Return on Investment (ROI). In CPDM market service plays an important role as it provides end-to-end process for product definition from concept to delivery of finished good or service.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2016 and is expected to continue leading during the forecast period. The growth of this segment can be attributed to a rising number of automotive manufacturers collaborating with each other as well as with component suppliers. For instance, General Motors, together with its subsidiary companies including Cruise Automation and OnStar developed a self-driving car that can recognize different objects and avoid accidents by driving itself. Such initiatives are anticipated to drive collaborative product definition management in the automotive industry over the coming years.
The electrical & electronics application segment is projected to witness considerable growth over the forecast period owing to increasing demand for consumer products such as smartphones, tablets, laptops among others from various end-use industries such as healthcare, education etcetera across regions coupled with an increase in R&D activities related to these products which require frequent software updates & new versions etcetera resulting in high demand for collaborative product definition management solutions within this sector.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the presence of numerous manufacturers and suppliers in the region, along with well-established manufacturing sector. Moreover, rising demand for automation across various industries is anticipated to drive regional market growth over the forecast period.
Asia Pacific dominated global collaborative product definition management (CPDM) market in 2016 owing to increasing investments by governments and private players for developing advanced manufacturing facilities that produce high value-added products using latest technologies and skilled manpower. In addition, growing industrialization coupled with rapid urbanization has resulted in increased construction activities which will further fuel CPDM adoption across end users such as automotive industry throughout Asia Pacific region during the forecast period (2018 - 2030).
Europe was estimated as second largest regional segment followed by North America owing to presence of major automobile manufacturers such as Daimler AG; BMW Group; Ford Motor Company; Fiat Chrysler Automobiles N.
Growth Factors:
- Increasing demand for product differentiation and innovation: The competitive landscape is getting tougher with every passing day. Companies are looking for ways to differentiate their products from the competition and collaborative product definition management is one of the best ways to do that. By collaborating with other stakeholders, companies can get a better understanding of what the customer wants and can develop innovative products quickly and efficiently.
- Emergence of new technologies: With each new technology release, there are new opportunities for collaborative product definition management. For example, the emergence of 3D printing has made it possible for companies to collaborate on product design in a more effective way than ever before. As more and more disruptive technologies emerge, CPDM will become even more important in order to stay ahead of the competition.
Scope Of The Report
Report Attributes
Report Details
Report Title
Collaborative Product Definition Management (CPDM) Market Research Report
By Type
Software, Service
By Application
Automotive, Electrical and Electronics, Industrial Machinery, Aerospace and Defense, Petrochemical, Utilities, Others
By Companies
SAP AG, CIMdata, IBM Corp, Oracle Corp, HP, Dassault Systemes SA, Siemens PLM Software Inc, Autodesk Inc, Parametric Technology Corp, Synopsys Inc, Capgemini, Deloitte, Accenture Plc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Collaborative Product Definition Management (CPDM) Market Report Segments:
The global Collaborative Product Definition Management (CPDM) market is segmented on the basis of:
Types
Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical and Electronics, Industrial Machinery, Aerospace and Defense, Petrochemical, Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP AG
- CIMdata
- IBM Corp
- Oracle Corp
- HP
- Dassault Systemes SA
- Siemens PLM Software Inc
- Autodesk Inc
- Parametric Technology Corp
- Synopsys Inc
- Capgemini
- Deloitte
- Accenture Plc
 Market Overview.svg)
Highlights of The Collaborative Product Definition Management (CPDM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Service
- By Application:
- Automotive
- Electrical and Electronics
- Industrial Machinery
- Aerospace and Defense
- Petrochemical
- Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Collaborative Product Definition Management (CPDM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Collaborative product definition management (CPDM) is a process for managing the creation, evolution, and sharing of product definitions by multiple stakeholders. CPDM helps to ensure that products meet the needs of all users and that the definition remains up-to-date as new requirements are identified.
Some of the key players operating in the collaborative product definition management (cpdm) market are SAP AG, CIMdata, IBM Corp, Oracle Corp, HP, Dassault Systemes SA, Siemens PLM Software Inc, Autodesk Inc, Parametric Technology Corp, Synopsys Inc, Capgemini, Deloitte, Accenture Plc.
The collaborative product definition management (cpdm) market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Collaborative Product Definition Management (CPDM) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Collaborative Product Definition Management (CPDM) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Collaborative Product Definition Management (CPDM) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Collaborative Product Definition Management (CPDM) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Collaborative Product Definition Management (CPDM) Market Size & Forecast, 2020-2028
4.5.1 Collaborative Product Definition Management (CPDM) Market Size and Y-o-Y Growth
4.5.2 Collaborative Product Definition Management (CPDM) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Software
5.2.2 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical and Electronics
6.2.3 Industrial Machinery
6.2.4 Aerospace and Defense
6.2.5 Petrochemical
6.2.6 Utilities
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Collaborative Product Definition Management (CPDM) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Collaborative Product Definition Management (CPDM) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Software
9.6.2 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical and Electronics
9.10.3 Industrial Machinery
9.10.4 Aerospace and Defense
9.10.5 Petrochemical
9.10.6 Utilities
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Software
10.6.2 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical and Electronics
10.10.3 Industrial Machinery
10.10.4 Aerospace and Defense
10.10.5 Petrochemical
10.10.6 Utilities
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Software
11.6.2 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical and Electronics
11.10.3 Industrial Machinery
11.10.4 Aerospace and Defense
11.10.5 Petrochemical
11.10.6 Utilities
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Software
12.6.2 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical and Electronics
12.10.3 Industrial Machinery
12.10.4 Aerospace and Defense
12.10.5 Petrochemical
12.10.6 Utilities
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Software
13.6.2 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical and Electronics
13.10.3 Industrial Machinery
13.10.4 Aerospace and Defense
13.10.5 Petrochemical
13.10.6 Utilities
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Collaborative Product Definition Management (CPDM) Market: Competitive Dashboard
14.2 Global Collaborative Product Definition Management (CPDM) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP AG
14.3.2 CIMdata
14.3.3 IBM Corp
14.3.4 Oracle Corp
14.3.5 HP
14.3.6 Dassault Systemes SA
14.3.7 Siemens PLM Software Inc
14.3.8 Autodesk Inc
14.3.9 Parametric Technology Corp
14.3.10 Synopsys Inc
14.3.11 Capgemini
14.3.12 Deloitte
14.3.13 Accenture Plc
