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Global Product Lifecycle Management (PLM) Market Report (2015-2021)-Research NesterThe global Global Product Lifecycle Management (PLM) Market study provides a granular data and in-depth analysis on the current and future market situations that are crucial for the existing &new players in the market. Global Product Lifecycle Management (PLM) industry research is based on key factors like demand & supply analysis, commercial activities, research investments, pricing analysis, government initiatives & guidelines, driving forces in the market, roadblocks and segmentation based on the product viability. Product Lifecycle Management (PLM) helps in managing complex product development procedures to develop cost-effective, competitive and high quality products. The global Product Lifecycle Management (PLM) market is anticipated to bolster at a compound annual growth rate (CAGR) of 8.3% to reach at USD 76.0 Billion by 2022. Geographically, the Product Lifecycle Management (PLM) market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World. Market Segmentation By Component Type The global Product Life Cycle Management (PLM) market is segmented based on component type into software and services. With 57% of share in 2015, PLM services segment dominated the global Product Life Cycle Management (PLM) market followed by software. By End Users Based on end users, the global Product Life Cycle Management (PLM) market is divided as IT and telecom, transportation, electronics, aerospace, defense, consumer, retail and healthcare. With 24% share, aerospace and defense dominated the global Product Life Cycle Management (PLM) market in 2015. Growth Drivers and Challenges Escalating requirement of an innovative, cost-effective and time saving product management process is likely to drive the growth of global Product Life Cycle Management (PLM) market over the forecast period i.e. 2015-2021. In addition to that, rising adoption of Product Life Cycle Management (PLM) in retail, pharmaceutical and consumer goods industry is also believed to garner the growsth of global PLM market in future. However, lack of interoperability among dissimilar product versions coupled with low acceptance of PLM services by SMEs (small and medium-sized enterprises) is expected to dampen the growth of global Product Life Cycle Management (PLM) market in coming 5-6 years. Market Size and Forecast Regionally, with approximately 34.0% of market in 2015, North America holds the top rank in global Product Life Cycle Management (PLM) market. The market in the region is anticipated to foster owing to high capital investments on product management systems by major companies belonging to various sectors (including IT, telecom, transport, etc.) Middle East and Africa (MEA) region is anticipated to witness the highest expansion at a CAGR of 14.5% in the Product Life Cycle Management (PLM) market over the forecast period i.e. 2015-2021. Key Players Global Product Life Cycle Management (PLM) market is very competitive and includes some of the top players such as SAP SE, IBM Corporation, Dassault Systemes, Atos SE, Autodesk, Inc, PTC, Inc, Siemens AG, Accenture PLC, Hewlett-Packard Company, etc. Scope and Context Overview of the Parent Market Analyst View Market Size and Growth North America (U.S., Canada) Latin America (Mexico, Brazil, Rest of Latin America) Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia) Rest of World For further detail follow the below mentioned link: http://www.researchnester.com/reports/global-product-lifecycle-management-plm-market-analysis-opportunity-outlook-2021/98 For Table of Content & Free Sample Report Contact: Ajay Daniel Email: [email protected] U.S. +1 646 586 9123 U.K. +44 203 608 5919 As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |