Product Lifecycle Management Market, By Component (Software (On-premise (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others), Cloud Based (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others)), and Services (Consulting, Integration, and O

Product Lifecycle Management Market, By Component (Software (On-premise (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others), Cloud Based (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others)), and Services (Consulting, Integration, and Operation and Maintenance)), By End-use (Automotive and Transportation, Aerospace and Defense, Industrial Machinery and Heavy Equipment, Electronics and Semiconductor, Energy and Utilities, Consumer Products and Retail, Medical Devices and Pharmaceutical, IT and Telecom, and Others (Marine, Chemical), and by Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Product lifecycle management refers to the handling of products as it moves through its product life, which includes: growth, maturity, and decline. Product lifecycle management can help manufacturers in decision-making from pricing to promotion. Product lifecycle management software can manage and transfer the information effectively throughout the entire lifecycle of the product effectively. Product lifecycle management software is majorly getting adopted in various industries such as consumer electronics, industrial machinery, packaged foods.
Market Dynamics
Product lifecycle management is majorly getting adopted across various end-use industries such as healthcare, manufacturing, consumer electronics. PLM can easily manage information related to production, product development, delivery process, through which the manufacturer can reduce operational and manufacturing costs, which in turn increases the profit. For instance, according to India Brand Equity Foundation (IBEF), under the ‘Make in India’ scheme, the central government of India is focusing to increase the share of the manufacturing sector up to 25% of countries GDP by the year 2025, which is expected to boost the demand for product lifecycle management over the forecast period.
The high initial cost of product lifecycle management is expected to hamper the growth of PLM over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global Product Lifecycle Management market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global Product Lifecycle Management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as part of this study Dassault Systems, Hewlett-Packard Company, PTC, Inc., Atos SE, Siemens AG, Accenture plc, Autodesk, Inc., IBM Corporation, SAP SE, and Aras Corporation.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global Product Lifecycle Management market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Product Lifecycle Management market
Detailed Segmentation
Global Product Lifecycle Management Market, By Component:
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
Global Product Lifecycle Management Market, By End-use:
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
Global Product Lifecycle Management Market, By Region:
North America
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
By End-use
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
By Country:
U.S.
Canada
Europe
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
By End-use
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
By End-use
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
By End-use
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
By Country:
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Software
On-premise
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Cloud Based
 Cax
 NC
 S&A
 AEC
 CPDM
 Digital Manufacturing
 EDA
 Others
Service
Consulting
Integration
Operation and Maintenance
By End-use
Automotive and Transportation
Aerospace and Defense
Industrial Machinery and Heavy Equipment
Electronics and Semiconductor
Energy and Utilities
Consumer Products and Retail
Medical Devices and Pharmaceutical
IT and Telecom
Others (Marine, Chemical)
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Dassault Systems*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Hewlett-Packard Company
PTC, Inc
Atos SE
Siemens AG
Accenture plc
Autodesk, Inc
IBM Corporation
SAP SE
Aras Corporation
“*” marked represents similar segmentation in other categories in the respective section.