The product lifecycle management (PLM) market is expected to experience double digit growth through 2008, driven by market dynamics like outsourcing and global product development. However, not all PLM software vendors are riding this wave of PLM market growth and profitability.
is coming from various sectors, including the aerospace and defense, automotive, consumer products, electronics, and even the apparel and retail segments, which have not been traditional sectors for PLM growth. Likewise, strong economic and geographic influences are stimulating the PLM market, with significant growth opportunities cited for Brazil, Japan, China, India, and, to a lesser degree, Latin America. Some Examples of PLM Vendor Success Given the analyst community''s rosy outlook for the PLM