Core Insights - The report by IDC indicates that the total market size for MES solutions in China's manufacturing industry will reach 15.91 billion RMB in 2024, with a year-on-year growth rate of 11.4% [1][5] - The MES software market alone is projected to reach 6.29 billion RMB, growing at a rate of 16.3%, although this represents a slight decline in growth speed [1][5] - The competitive landscape in the MES software market is dominated by Baoxin Software, Heihuke Technology, and Siemens, with Siemens experiencing a drop in market share from 7.5% to 6.3% [1][5] Market Segmentation - The public cloud SaaS MES software market in China is expected to reach 1.005 billion RMB in 2024, accounting for 16.0% of the overall MES software market, with a year-on-year growth of 15.2% [3] - The core competitive advantage of SaaS is shifting from "low cost and rapid replication" to "multi-factory and cross-organization collaborative management," enhancing its connection to the supply chain [3] - The report highlights significant growth in specific sectors such as high-tech electronics, shipbuilding, automotive parts, and equipment manufacturing, driven by digital transformation and large-scale industrial equipment updates [5][13] Industry Trends - The report notes that AI is increasingly integrated into MES and various industrial software, moving from concept validation to large-scale implementation, which is expected to drive a new wave of growth and structural change in the MES market [13] - The competition in the MES market is intense, with many local manufacturers breaking the long-standing market structure through advancements in industry depth and product breadth [13] - The report emphasizes the importance of cash flow management, deepening AI technology integration, and focusing on industry-specific solutions as key strategies for technology service providers [13]

Market Overview - The total market size for PLM software in China is projected to reach 3.51 billion RMB in 2024, with a year-on-year growth rate of 21.6%, an increase of 5.6 percentage points from the previous year [1] - The market is experiencing intensified competition, leading to a decline in average transaction prices and longer decision-making cycles [1] Competitive Landscape - Siemens, Dassault Systèmes, and PTC remain the top three players in the market, although their growth rates are slowing. Siemens' market share decreased from 14.3% in 2023 to 11.3%, while Dassault Systèmes' share fell from 10.2% to 8.0% [1] - Other notable companies include Yonyou, Kingdee, Dingjie Zhizhi, Supcon Software, Huaten Software, and Digital Dafa, which rank from fourth to ninth in market share [1] SaaS PLM Market - The SaaS PLM software sub-market in China is expected to reach 181 million RMB in 2024, with a growth rate of 21.9%, slightly higher than the overall PLM market growth rate, but it only accounts for 5.25% of the total PLM market [3] - There is a growing trend of manufacturers launching cloud-native PLM products, with an increasing adoption rate among end-users despite concerns about storing design and R&D data on public clouds [3] Industry Segmentation - The PLM market is segmented into eight major industries: high-tech electronics and computers, equipment manufacturing, automotive, aerospace and shipbuilding, consumer goods, raw materials, home appliances, and new energy [5] - The total market size for PLM solutions (including software and services) is projected to reach 5.32 billion RMB in 2024, with the top three industries being high-tech electronics, equipment manufacturing, and automotive [5] Market Share by Industry - In the high-tech electronics and computer communication PLM solutions market, Dingjie Zhizhi holds a market share of 12.2%, followed by Yonyou and Supcon Software [6] - In the equipment manufacturing PLM solutions market, Dingjie Zhizhi leads with a 6.2% market share, followed by Digital Dafa and Supcon Software [7] - In the automotive PLM solutions market, Huaten Software has a dominant share of 77.2%, with other players like Supcon Software and Kingdee following [8] - In the new energy PLM solutions market, Kingdee leads with an 11.3% market share, followed by Meiyun Zhishu and Huaten Software [9] Key Market Trends - Major market changes for 2024 include AI reshaping industrial software, the globalization of Chinese manufacturing, large-scale equipment updates, and the integration of industrial software with the industrial internet [11] - The research indicates that the intensity of R&D investment by Chinese enterprises is increasing, with a long-term trend of moving from price competition to innovation [11]