PLM Market Forecast Revised Downward

by Emily-Sue Sloane

Posted on Aug 13, 2009

In yet another reminder that we’re not out of the economic woods yet, CIMdata revised its forecast for the PLM software market in 2009 and beyond, saying it now expects a decline of 2.1% in 2009 from 2008 revenue levels and a 3.5% compound annual growth rate from 2009 to 2013, to just under $31 billion in 2013. The company estimated the 2009 market at $25 billion.