Product Lifecycle Management Market Size, Product Trends, Key...

Product Lifecycle Management Market Size, Product Trends, Key Companies, Revenue Share Analysis, 2022–2030

Posted 2022-09-22 06:49:14

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. In addition, increased efficiency in marketing offered by PLM systems is a major trend that is expected to drive revenue growth of the global market.

This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Product Lifecycle Management business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

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Product Lifecycle Management Market -Competitive Outlook:

Siemens AG, Oracle Corporation, Dassault Systemes, Autodesk, Inc., Aras Corporation, IBM, Kalypso, Accenture, Bamboo Rose and Propel.

Product Lifecycle Management Market Segmentation:

Emergen Research has segmented the PLM market based on deployment mode, software, end-use, and region:

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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