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Centric Software is pleased to announce the global availability of Centric DPP, a standalone Digital Product Passport solution for brands, retailers and manufacturers. Centric DPP extends Centric Software's established product lifecycle and product data expertise into Digital Product Passport operations at scale. Centric Software provides AI-powered enterprise solutions that connect product development, supply chain and commerce, creating a trusted product data foundation from concept to commerc
The product lifecycle management (PLM) market is projected to grow from USD 36.60 billion in 2026 to USD 58.52 billion by 2031, at a 9.8% CAGR. Growth is driven by cloud and SaaS PLM adoption, generative AI, digital twins, digital thread technologies, and regulatory compliance needs. SMEs will record the fastest growth, while product data management (PDM) will hold the largest software share. North America is expected to lead the market. Key vendors include PTC, Dassault Systèmes, Siemens, SAP,
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