Top 10 Product LifeCycle Management & Engineering Software Vendors and Market Forecast 2016-2021

In 2016, the top 10 Product LifeCycle Management & Engineering software vendors accounted for nearly 65% of the global Product LifeCycle Management & Engineering applications market which grew 2.5% to approach nearly $17.8 billion in license, maintenance and subscription revenues.

Last year Dassault Systemes led the pack with a 14% market share and $2.5 billion in Product LifeCycle Management & Engineering in license, maintenance and subscription revenues. In 2016, Synopsys was No. 2, followed by Autodesk, Mentor Graphics and Ansys in that order. In 2015, the top five were Dassault, Synopsys, Autodesk, PTC and Mentor Graphics.

Through our forecast period, the Product LifeCycle Management & Engineering applications market is expected to reach $18.4 billion by 2021, compared with $17.8 billion in 2016 at a compound annual growth rate of 0.7%.

Source: Apps Run The World, December 2017

PLM & Engineering Market Definitions And Forecast Assumptions

Product Lifecycle Management applications enable key stakeholders including designers, engineers and OEMs to gain and optimize visibility into the entire product life cycle from idea generation to collaboration and from product data management to iterative development efforts. PLM applications are considered a derivative market with revenue contribution to functional areas such as Project and Portfolio Management, Enterprise Resource Planning and Manufacturing.

Consolidation wave propels Dassault to new heights, while other incumbents are in search of new business models through subscription pricing.

Top 10 PLM & Engineering Software Vendors

Here are the rankings of the top 10 PLM & Engineering software vendors and their market shares in 2016.

Source: Apps Run The World, December 2017

Exhibit 4 shows the enterprise applications market by functional area. The highest growth functional markets revolve around smaller segments like eCommerce, Enterprise Performance Management, Sales Performance Management and Treasury and Risk, where first movers remain less established than those that for decades have been entrenched in functional areas like ERP, CRM and PLM.

Exhibit 4: Worldwide Enterprise Applications Market Forecast 2016-2021, By Functional Market, $M

PLM & Engineering Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Product LifeCycle Management & Engineering applications based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest PLM software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these customer wins and losses from public and proprietary sources.

The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

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Source: Apps Run The World, August 2016

Further Readings

An expanded version of this report covers the top 50+ Product LifeCycle Management and Engineering Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space.

We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.