Summary
Introduction
This databook provides readers with an overview of IT spending on PLM software and services in Western Europe, including France, Germany, the UK, Spain, Italy and Switzerland.
Scope
- Current and projected IT spending on PLM in Western Europe
- PLM spending splits by software, and services
- PLM spending splits by Big Pharma and Biotech
- Global PLM spending splits by geographic region
Highlights
Datamonitor believes that the pharmaceutical industry, driven by an R&D productivity crisis and increasing pressures for regulatory compliance, will invest heavily in PLM technology over the next five years.
This focus on streamlining product development and improving efficiencies across pharmaceutical organizations will fuel the industry's need and readiness for more rapid adoption of PLM solutions
Spending on PLM by the pharmaceutical industry in Western Europe will experience strong growth at 14.4% 5-year CAGR.
Reasons to Purchase
- Understand the current size of the PLM market in Western Europe.
- Gain quantitative insight into projected spending on PLM software and services
- Recognize the differences in PLM spending between market sub-segments
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