As we progress through the second quarter of the new year, the market for CAD/CAE, product lifecycle management (PLM) and related applications-collectively, the 'technical applications market'-seems to be relatively healthy. A major factor why is the widespread recognition that the technology industries are the ones that can generate sustainable growth. In the Americas, Europe, the Middle East and Africa (EMEA), and the Asian-Pacific (APAC)-the overall markets show likely growth. From the technology side, with due acknowledgement to Porter's five forces framework for analyzing the attractiveness of target industries in the context of business strategy, we can apply the more tangible notion of 'five technology forces' to the drivers that will shape the technical applications market this year.
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