ANN ARBOR, Mich. - eTradeWire -- CIMdata, Inc., the leading global PLM strategic management consulting and research firm, is excited to announce an upcoming free educational webinar, "2024 PLM Market Update." The webinar will take place on Thursday, 12 June 2025, at 11:00 a.m. (EDT) and will run for one hour.

The PLM Economy, CIMdata's term for the global ecosystem of software and services providers that assist industrial companies in achieving their PLM objectives, has grown strongly over the past decade. This webinar will focus on the results for the calendar year 2024 and offer insights into CIMdata's forecast for 2025 through 2029.

This webinar will help attendees:

• Distinguish CIMdata's PLM definition from those offered by other market influencers.
• Understand the differential growth experienced across the various segments of the PLM market.
• Identify key players in the global PLM market landscape.
• Find out what happened in the PLM market in 2024 from a mergers and acquisitions standpoint.
• Understand how the Ukraine conflict and tariffs stand to impact the global PLM market.

According to Christine Longwell, CIMdata's Director of Research and webinar host, "The PLM market, as estimated by CIMdata, grew by 9.7% in the calendar year 2024, above our forecast of 8.6%. The results were solid, with growth in all PLM segments. Some economic headwinds are expected to impact the market in 2025. However, the growth drivers for the PLM Economy, Industry 4.0, smart connected products, IoT, and digital transformation remain strong. Finally, PLM on the cloud continues solid adoption."

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Christine Longwell brings over 25 years of experience, including roles with various PLM solution providers and industrial organizations; for the past decade, she has been involved with market intelligence. As CIMdata's Director of Research, Christine is responsible for enhancing and managing CIMdata's process of assembling and presenting CIMdata's highly esteemed yearly industry-leading Market Analysis Report (MAR) series. Christine also spearheads the CIMdata team tasked with transforming the vast amount of market data CIMdata receives into actionable insights.

This webinar promises to be a valuable resource for financial and market planners, competitive analysts, sales teams, industrial leaders, and anyone keen on understanding the performance and growth potential of the PLM market.

During the webinar, attendees will have the opportunity to ask questions about the topics discussed. To find out more, visit: https://www.cimdata.com/en/education/educational-webinars/2025-plm-market-update. To register for this webinar, please visit https://register.gotowebinar.com/register/5234759910149108319.

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