The global product life cycle management market is expected to grow from USD 3.5 billion in 2017 to USD 5.2 billion by 2030, at a CAGR of 6.6% during the forecast period. The growth of this market can be attributed to the increasing demand for product life cycle management solutions across various industries such as automotive, industrial machinery, electronics and semiconductors, retail, energy & utilities, aerospace and defense.
The software segment is expected to account for the largest share of the global product life cycle management market in 2017 with a share of over 50%. This can be attributed to the increasing adoption of software-based solutions across various industries such as automotive and industrial machinery among others due to their ease-of-use and cost effectiveness. The service segment is expected to account for a significant share in this market during the forecast period owing to its high demand from small enterprises that cannot afford expensive software licenses or do not have enough resources or expertise required for managing their products’ lifecycle on their own.
Some Of The Growth Factors Of This Market:
- The market is growing due to the increase in demand for products that are environmentally friendly.
- The market is growing due to the increase in demand for products that are more durable and last longer than other products on the market.
- The market is growing due to the increase in demand for products that have a lower price point than other similar products on the market.
- The market is growing due to an increased interest in buying locally made goods, which can be found at local markets or through online retailers like Etsy and eBay, rather than from large chain stores like Walmart or Target.
- The market is also expected to grow as a result of an increased interest in buying handmade goods from small businesses.
Industry Growth Insights published a new data on “Product Life Cycle Management Market”. The research report is titled “Product Life Cycle Management Market research by Types (Software, Service, Product Life Cycle Managemen), By Applications (Automotive, Industrial Machinery, Electronics and Semiconductors, Retail, Energy & Utilities, Aerospace and Defense), By Players/Companies Dassault Systèmes, Autodesk, PTC, Siemens PLM Software, Apparel magic, Oracle Corporation, SAP SE, Infor, Aras Corporation, Arena Technologies, Omnify software, Infor Company, Accenture PLC, Product Life Cycle Managemen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Product Life Cycle Management Market Research Report
By Type
Software, Service, Product Life Cycle Managemen
By Application
Automotive, Industrial Machinery, Electronics and Semiconductors, Retail, Energy & Utilities, Aerospace and Defense
By Companies
Dassault Systèmes, Autodesk, PTC, Siemens PLM Software, Apparel magic, Oracle Corporation, SAP SE, Infor, Aras Corporation, Arena Technologies, Omnify software, Infor Company, Accenture PLC, Product Life Cycle Managemen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Product Life Cycle Management Market Report Segments:
The global Product Life Cycle Management market is segmented on the basis of:
Types
Software, Service, Product Life Cycle Managemen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial Machinery, Electronics and Semiconductors, Retail, Energy & Utilities, Aerospace and Defense
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dassault Systèmes
- Autodesk
- PTC
- Siemens PLM Software
- Apparel magic
- Oracle Corporation
- SAP SE
- Infor
- Aras Corporation
- Arena Technologies
- Omnify software
- Infor Company
- Accenture PLC
- Product Life Cycle Managemen
Highlights of The Product Life Cycle Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Service
- Product Life Cycle Managemen
- By Application:
- Automotive
- Industrial Machinery
- Electronics and Semiconductors
- Retail
- Energy & Utilities
- Aerospace and Defense
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Product Life Cycle Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Product life cycle management (PLCM) is a process that helps organizations manage the life cycle of their products from concept to disposal. It includes planning, designing, manufacturing, marketing, and selling products. PLCM also includes ensuring that products meet customer needs and expectations and are disposed in an environmentally responsible way.
Some of the major companies in the product life cycle management market are Dassault SystƒÂ¨mes, Autodesk, PTC, Siemens PLM Software, Apparel magic, Oracle Corporation, SAP SE, Infor, Aras Corporation, Arena Technologies, Omnify software, Infor Company, Accenture PLC, Product Life Cycle Managemen.
The product life cycle management market is expected to register a CAGR of 6.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Product Life Cycle Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Product Life Cycle Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Product Life Cycle Management Market - Supply Chain
4.5. Global Product Life Cycle Management Market Forecast
4.5.1. Product Life Cycle Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Product Life Cycle Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Product Life Cycle Management Market Absolute $ Opportunity
5. Global Product Life Cycle Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Product Life Cycle Management Market Size and Volume Forecast by Type
5.3.1. Software
5.3.2. Service
5.3.3. Product Life Cycle Managemen
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Product Life Cycle Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Product Life Cycle Management Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial Machinery
6.3.3. Electronics and Semiconductors
6.3.4. Retail
6.3.5. Energy & Utilities
6.3.6. Aerospace and Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Product Life Cycle Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Product Life Cycle Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Product Life Cycle Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Product Life Cycle Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Product Life Cycle Management Demand Share Forecast, 2019-2026
9. North America Product Life Cycle Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Product Life Cycle Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Product Life Cycle Management Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial Machinery
9.4.3. Electronics and Semiconductors
9.4.4. Retail
9.4.5. Energy & Utilities
9.4.6. Aerospace and Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Product Life Cycle Management Market Size and Volume Forecast by Type
9.7.1. Software
9.7.2. Service
9.7.3. Product Life Cycle Managemen
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Product Life Cycle Management Demand Share Forecast, 2019-2026
10. Latin America Product Life Cycle Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Product Life Cycle Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Product Life Cycle Management Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial Machinery
10.4.3. Electronics and Semiconductors
10.4.4. Retail
10.4.5. Energy & Utilities
10.4.6. Aerospace and Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Product Life Cycle Management Market Size and Volume Forecast by Type
10.7.1. Software
10.7.2. Service
10.7.3. Product Life Cycle Managemen
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Product Life Cycle Management Demand Share Forecast, 2019-2026
11. Europe Product Life Cycle Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Product Life Cycle Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Product Life Cycle Management Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial Machinery
11.4.3. Electronics and Semiconductors
11.4.4. Retail
11.4.5. Energy & Utilities
11.4.6. Aerospace and Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Product Life Cycle Management Market Size and Volume Forecast byType
11.7.1. Software
11.7.2. Service
11.7.3. Product Life Cycle Managemen
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Product Life Cycle Management Demand Share, 2019-2026
12. Asia Pacific Product Life Cycle Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Product Life Cycle Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Product Life Cycle Management Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial Machinery
12.4.3. Electronics and Semiconductors
12.4.4. Retail
12.4.5. Energy & Utilities
12.4.6. Aerospace and Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Product Life Cycle Management Market Size and Volume Forecast by Type
12.7.1. Software
12.7.2. Service
12.7.3. Product Life Cycle Managemen
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Product Life Cycle Management Demand Share, 2019-2026
13. Middle East & Africa Product Life Cycle Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Product Life Cycle Management Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Product Life Cycle Management Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial Machinery
13.4.3. Electronics and Semiconductors
13.4.4. Retail
13.4.5. Energy & Utilities
13.4.6. Aerospace and Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Product Life Cycle Management Market Size and Volume Forecast by Type
13.7.1. Software
13.7.2. Service
13.7.3. Product Life Cycle Managemen
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Product Life Cycle Management Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Product Life Cycle Management Market: Market Share Analysis
14.2. Product Life Cycle Management Distributors and Customers
14.3. Product Life Cycle Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dassault Systèmes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Autodesk
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PTC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens PLM Software
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Apparel magic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oracle Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAP SE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Infor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aras Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Arena Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Omnify software
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Infor Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Accenture PLC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Product Life Cycle Managemen
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
