Product Lifecycle Management Market to Witness Robust Growth by 2030
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Increasing focus on developing groundbreaking smart products is a key factor driving market growth
VANCOUVER, BC, UNITED STATES, July 14, 2022 /EINPresswire.com/ -- The Product Lifecycle Management (PLM) market size was USD 27.50 Billion in 2021 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing focus on developing groundbreaking smart products is a key factor driving revenue growth of the market.
Global Product Lifecycle Management Market report encompasses vital aspects of the global Product Lifecycle Management business sphere. The study offers full coverage of the assessment of the technological developments, factors influencing the growth of the industry, current and emerging trends witnessed in the global and regional markets, key statistical data, forecast estimation, and key manufacturers and suppliers of the Product Lifecycle Management industry.
The global Product Lifecycle Management (PLM) market size was USD 27.50 Billion in 2021 and is expected to register a revenue CAGR of 8.2% during the forecast period. Market revenue growth is primarily driven by factors such as increasing focus on developing groundbreaking smart products and rising demand for PLM cloud solutions to secure IT infrastructure. In addition, increasing adoption of industrial IoT in product processing and rapid digitalization to improve production are other factors driving revenue growth of the market.
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The analysis is done on the basis of the authentic and relevant information obtained from in-depth primary and secondary research. Additionally, the factors expected to drive or restrain the growth of the market are studied extensively in the report.
Competitive Landscape:
The report emphasizes the demands and trends for the Product Lifecycle Management market in the global market, more importantly, in the market that is spread across the major regions of the country. These major regions include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Product Lifecycle Management market is further segmented on the basis of product types offered in the market, application spectrum, leading manufacturers/companies, and key geographical regions.
The major companies Covered in the report are:
Siemens AG, Oracle Corporation, Dassault Systemes, Autodesk,Inc., Aras Corporation, IBM, Kalypso, Accenture, Bamboo Rose and Propel
Significant Features of the Product Lifecycle Management Market Report:
Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
Assessment of the existing and emerging trends of the business sphere
Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
Significant breakdown of the market to assess the factors that might influence the global market growth
An 8-year forecast for better understanding of the workings and growth opportunities of the market
Extensive analysis of the key geographical regions to assess market share, market size, production and consumption, revenue contribution, and supply and demand ratio
Comprehensive overview of the Product Lifecycle Management market on a regional and global level
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The Product Lifecycle Management market has been divided into types, applications, and regions. The Product Lifecycle Management report offers a growth analysis of each segment to provide an accurate calculation and forecast of sales in the time period 2020-2027. The analysis offers strategic insights that provide fruitful information to the readers to help them capitalize on the business offerings. Market share data is also available on a global and regional level.
Segments Covered in this report are:
Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)
Cloud
On-Premises
Software Outlook (Revenue, USD Billion; 2019–2030)
Portfolio Management
Simulation & Change Management
Quality Management
Manufacturing Operations Management
Design & Engineering Management
Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
Automotive & Transportation
IT & Telecom
Aerospace & Defense
Others
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Radical Highlights of the Product Lifecycle Management Market Report:
Study of the latest product launches and technological advancements to help the readers in formulating investment strategies
Focus on market scenario, dynamics, and trends to be expected in the coming years
Advanced analytical tools such as Porter’s Five Forces analysis, SWOT analysis, feasibility analysis, and investment return analysis
Thorough regional analysis to offer insights into production and consumption patterns, supply and demand ratio, market size, revenue contrition, and the presence of prominent players
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Accurate 8-year forecast analysis for the growth of Product Lifecycle Management market
Extensive analysis of market drivers, restraints, growth prospects, opportunities, threats, and limitations
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Table of Content
Chapter 1. Methodology & Sources
Market Definition
Research Scope
Methodology
Research Sources
Primary
Secondary
Paid Sources
Market Estimation Technique
Chapter 2. Executive Summary
Summary Snapshot, 2022–2030
Chapter 3. Key Insights
Chapter 4. Product Lifecycle Management Market Segmentation & Impact Analysis
Industrial Outlook
Market indicators analysis
Market drivers’ analysis
Rising focus on development of sustainable and eco-friendly products
Increasing adoption of water based adhesives in packaging and footwear industries
Increasing usage of acrylic dispersion adhesives in the construction industry
Market restrains analysis
Low storage capability due to perishability
High competition from hot melt adhesives
Technological Insights
Regulatory Framework
Porter’s Five Forces Analysis
Competitive Metric Space Analysis
Price Trend Analysis
Covid-19 Impact Analysis
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Product Lifecycle Management Market Size Worth USD 54.75 Billion in 2030
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