Global Product Lifecycle Management (PLM) Growth Opportunities
Cutting-edge Technology Pushes Manufacturing to New Frontiers
Modern manufacturing is an intricate and complex process that requires accuracy and proper management. Companies must streamline their design, development, and production, ensure a stable and predictable supply chain for their products, and comply with environmental and safety regulations. Recent events have highlighted these requirements, including new technologies with the potential to accelerate the different production stages, supply chain disruptions due to the COVID-19 pandemic, escalating tension in the Red Sea, and new laws that incentivize companies to become more sustainable.
Product lifecycle management (PLM) software addresses these concerns by offering a centralized data management platform that companies can use to monitor and manage their manufacturing activities and integrate into other industrial software. The PLM industry has been revolutionized by new technologies, including artificial intelligence and the cloud, as well as the development of new functionalities. Therefore, the question is not whether to adopt PLM but when to do so.
Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the PLM Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Scope of Analysis
PLM Functions
Industry Segmentation
Industry Verticals
Regional Segmentation
Key Competitors
Key Competitors in APAC
Growth Metrics
PLM Industry Overview
Distribution Channel Analysis
Partner Ecosystem
Partnership Aggregate, Breakdown by Region
Partnership Breakdown by Region
Partnership Regional Distribution Analysis
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
PLM Software's Main Capabilities
Data Management
Engineering Data and PLM
Supply Chain Management
Regulatory Compliance, Cost Reduction, and Reduced Time to Market
Future Trends
Technological Innovation
AI in PLM
Digitalization
The Digital Thread
Servitization
Sustainability
Forecast Considerations
Acquisitions and Collaborations
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Region
Table Product Lifecycle Management: Revenue Forecast by Region, Global, 2020-2030
Revenue Forecast by Region Analysis
Revenue Forecast by Industry Segment
Table Product Lifecycle Management: Revenue Forecast by Industry Segment, Global, 2020-2030
Revenue Forecast by Industry Vertical
Table Product Lifecycle Management: Revenue Forecast by Industry Vertical, Global, 2020-2030
Revenue Forecast by Industry Vertical Analysis
Pricing Trends and Forecast Analysis
Software by Deployment Type: Forecast
Revenue Share: Software and Services Segmentation
Competitive Environment
Competitive Environment Analysis
Revenue Share: Software
Revenue Share: Software and Services from Vendors
Total Industry Size
Revenue Share Analysis
Growth Opportunity Analysis: NALA
Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Segment
Table Product Lifecycle Management: Revenue Forecast by Industry Segment, NALA, 2020-2030
Revenue Forecast by Industry Vertical
Table Product Lifecycle Management: Revenue Forecast by Industry Vertical, NALA, 2020-2030
Forecast Analysis
Growth Opportunity Analysis: EMEA
Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Segment
Table Product Lifecycle Management: Revenue Forecast by Industry Segment, EMEA, 2020-2030
Revenue Forecast by Industry Vertical
Table Product Lifecycle Management: Revenue Forecast by Industry Vertical, EMEA, 2020-2030
Forecast Analysis
Growth Opportunity Analysis: APAC
Growth Metrics
Revenue Forecast
Revenue Forecast by Industry Segment
Table Product Lifecycle Management: Revenue Forecast by Industry Segment, APAC, 2020-2030
Revenue Forecast by Industry Vertical
Table Product Lifecycle Management: Revenue Forecast by Industry Vertical, APAC, 2020-2030
Forecast Analysis
Growth Opportunity Universe
Growth Opportunity 1: Increasing the Presence of PLM Service Providers
Growth Opportunity 2: Expanding PLM Software's Capabilities in the Semiconductors Industry
Growth Opportunity 3: Creating PLM Software Offerings for Small and Medium-sized Businesses
Growth Opportunity 4: Developing Specialized Offerings for the Medical Devices and Pharmaceutical Industries