India PLM Market Share

Market Share of India PLM Industry

With many large, technologically advanced players in the industry, the rivalry in the India Product Lifecycle Management Market is expected to be higher. To maintain the market share and retain new and existing consumers, the companies are regularly altering their pricing schemes, which creates pricing pressure on other companies, thereby augmenting the competition in the market.

• April 2022 - PTC announced the availability of its Windchill+ product lifecycle management (PLM) software. Windchill+ is a new generation of the company's market-leading Windchill software delivered via a modern software-as-a-service (SaaS) architecture. By leveraging the benefits of SaaS, Windchill+ facilitates collaboration around product data and enables product development organizations to bring products to market faster and accelerate PLM deployment.
• January 2022 - Simple Energy, an electric vehicle (EV) start-up, announced its partnership with global technology leader Siemens to boost EV mobility solutions with new-age technologies. As per the partnership, Simple Energy will adopt Siemens' Teamcenter X, a cloud-based Product Lifecycle Management (PLM) software, which will help the company establish a robust digital foundation for its e-mobility solutions. Along with Siemens, Simple Energy has also roped in Prolim, Siemens' Technology Partner, to share its world-class technologies to strengthen India's bid to become the EV capital of the world.
• December 2021 - Dassault Systemes partnered with TEXMiN Foundation, the technology innovation hub of IIT (ISM) Dhanbad, to set up a center of excellence in India to provide technical support and prepare the workforce of the future, specific to the mining and allied industries.

India PLM Market Leaders

1. Siemens Digital Industries Software

2. Dassault Systemes SE

3. Autodesk Inc.

4. Oracle Corporation

5. Capgemini

*Disclaimer: Major Players sorted in no particular order