DUBLIN — (BUSINESS WIRE) — May 10, 2012 — Research and Markets ( http://www.researchandmarkets.com/research/bs4jkl/digital_manufactur) has announced the addition of the "Digital Manufacturing Software Market in the EMEA region 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the need for enhanced productivity. The Digital Manufacturing Software market in the EMEA region has also been witnessing the development of cloud-based digital manufacturing solutions. However, the increasing cost of ownership that decreases the adoption rate could pose a challenge to the growth of this market.
Key vendors dominating this market space include Siemens PLM, Dassault Syst?mes SA, Mentor Graphics Corp., and SAP AG.
Commenting on the report, an analyst from TechNavio's Engineering team said; Cloud computing technology is becoming popular among organizations because it offers huge space for data storage, provides flexibility, and enables scalability. Hence, to keep up with the latest trends, vendors are developing cloud-based digital manufacturing software in the pay-per-use model, which significantly reduces the overall cost of the software. Hence, the Digital Manufacturing Software market in the EMEA region is witnessing an emerging trend where many vendors are developing cloud-based digital manufacturing solutions to meet the demands of the end-users.
According to the report, digital manufacturing software is being widely adopted by organizations across industries to enhance the efficiency and accuracy of the product development process. Moreover, the software helps to integrate product- and enterprise-related data with other engineering solutions such as computer-aided design (CAD), computer-aided manufacturing (CAM), and tool design solutions. Thus, the software enables organizations to manufacture products with better quality. Furthermore, the software helps organizations to effectively plan the product development process, which significantly reduces the development cost.
Further, the report also discusses that several open-source solutions have emerged in the market, posing a direct threat to the Digital Manufacturing Software market.
For more information visit http://www.researchandmarkets.com/research/bs4jkl/digital_manufactur