Digital Manufacturing
                     Digital Manufacturing Market 
Insights,Overlook & Major Challenges 
Digital manufacturing is a process of improving the manufacturing process of the product from 
virtual to physical world. Increasing adoption of cloud-based PLM software is projected to increase 
the demand for digital manufacturing specific applications. This will enable the manufacturing 
plants to access the PLM software from remote areas as well. Technomatix and Manufacturing 360 
are applications that are used in the iOS and Android gadgets respectively. Furthermore, increasing 
adoption of internet of things in manufacturing industries fuels market growth globally. 
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Digital Manufacturing Market Taxonomy
On the basis of deployment model, the global Digital Manufacturing market is segmented into:
•Cloud-based model
•On-premises model
Increasing adoption of cloud-based digital manufacturing software is one of the key factor driving 
market growth. Venders are concentrating on reducing the cost of Product Lifecycle Management 
(PLM), thereby trying to introduce cloud-based product lifecycle solutions in the market. Several 
PLM service providers are installing PLM on the cloud for end users. For instance, Wipro Limited, 
a worldwide information technology, outsourcing, and consulting firm, is offering cloud-based PLM
services to Siemens PLM Software solution, 
On the basis of end-use industry, the global Digital Manufacturing market is segmented into:
•Automotive
•Aerospace & Defense
•Electrical and electronics
•Industrial machinery
•Consumer packaged goods
•Utilities & Process
•Others
The increasing sales and R&D investment in automotive industry globally provide significant 
growth opportunity to the global digital manufacturing market. According to “Organisation 
Internationale des Constructeurs d'Automobiles”, in 2016, around 98.8 million units of vehicles 
were sold worldwide up from 89.7 million in 2015. Moreover, according to Coherent Market 
Insights analysis, US$ 94.2 billion was spent on automotive R&D in 2016 up from US$ 91.5 billion
in 2015. The implementation of digital manufacturing in the automotive production process 
smoothens the flow of plant and product data during various process. 
Digital Manufacturing Market Outlook – North America holds the largest market share
On the basis of geography, global digital manufacturing market is segmented into North America, 
Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant 
position in the global digital manufacturing market in 2016 and is projected to retain its dominance 
throughout the forecast period. The U.S., Mexico, and Canada are the three major economies, which
contribute to the swift growth of market in the region. 
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Digital Manufacturing Market Players
Some of the key players operating in the global digital manufacturing market include Autodesk, 
Dassault Systèmes, Mentor Graphics, PTC, and Siemens PLM Software. 
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