Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1404991
PUBLISHER: Grand View Research | PRODUCT CODE: 1404991
Product Lifecycle Management Market Size, Share & Trends Analysis Report, Component (Software, Services), By Deployment (On-premise, Software-as-a-Service), By End-use, By Region, And Segment Forecasts, 2023 - 2030
PUBLISHED:
PAGES: 170 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Product Lifecycle Management Market Growth & Trends:
The global product lifecycle management market size is expected to reach USD 54.36 billion by 2030, expanding at a CAGR of 9.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Product lifecycle management is gradually advancing and witnessing continuous developments in the form of improved software capabilities. In addition to this, the demand for robust data analytics software platforms is also increasing and has been augmented by the evolution of core technologies such as blockchain, artificial intelligence, machine learning. Furthermore, the emergence of smart products and factories by small-scale enterprises is expected to open new avenues for the market players. These smart products have complex functionalities in terms of connectivity, security compliances, and others. Hence, the increasing demand for connected devices is anticipated to drive the growth of the product lifecycle management market over the forecast period.
Over the past few years, the product lifecycle management market has been witnessing several new developments, particularly in the end-use sectors to increase transparency in supply chain & manufacturing processes. Product lifecycle management software has the potential to offer improved supply chain accuracy, lower lead times, and increase sales. For instance, in June 2021, Accenture, an Ireland-based company that provided professional services, acquired DI Square, a Japan-based IT company specialized in data analytics software, for firm's consulting for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration. This acquisition of DI Square will increase Accenture's engineering expertise for the automotive and other manufacturing clients in Japan and other markets.
The growing need for the latest IT technologies, such as cloud computing, Artificial Intelligence (AI), big data, and communication technologies, such as 5G, is expected to open new opportunities for the adoption of product lifecycle management solutions in various end-use industries. Several large enterprises are already pursuing a cloud-first strategy for deploying their enterprise software and other systems. It has led to the amalgamation of interconnected devices, robots, and a quick knowledge network within a factory environment. Moreover, the PLM cloud deployments are mostly focused on non-conventional industries and small and medium enterprises. It allows the manufacturers to consolidate information about product development, streamline or change orders and requests, and improve communication with the suppliers. In addition to this, the increasing specialization in customer experience, rapid implementation times, and deeper integration capabilities are propelling the growth of the market over the forecast period.
Product Lifecycle Management Market Report Highlights:
- The design and engineering PLM software is extensively used by the manufacturing sector to manage designing, development, and engineering processes for continuous industrial digitization. For instance, Dassault Systemes use CATIA, an engineering and design leading software for product, which is used to design, simulate, analyze, and manufacture products in various industries including aerospace, automotive, consumer goods, and industrial machinery
- The automotive & transportation segment dominated the market with the highest revenue share of 23.6% in 2022. The increasing use of digital manufacturing and the rising integration of IoT in producing autonomous cars is one of the key trends expected to drive the automotive and transportation market during the forecast period
- North America dominated the market with the largest revenue share of 35.4% in 2022, the region is continue dominating the market over the forecast period in line with the aggressive adoption of next-generation technologies, such as IoT, additive manufacturing, augmented reality, and telecommunications technologies, such as LTE and 5G
Product Code: GVR-4-68038-631-8
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Component
- 1.1.2. Deployment
- 1.1.3. End use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary route of administrations
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component outlook
- 2.2.2. Deployment outlook
- 2.2.3. End use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Product Lifecycle Management Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Product Lifecycle Management Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
- 3.4.1. Industry analysis - Porter's
Chapter 4. Product Lifecycle Management Market: Component Estimates & Trend Analysis
- 4.1. Product Lifecycle Management Market: Key Takeaways
- 4.2. Product Lifecycle Management Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Software
- 4.3.1. Software market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.2. Portfolio management
- 4.3.2.1 Portfolio management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.3. Design & engineering management
- 4.3.3.1 Design & engineering management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.4. Quality & compliance management
- 4.3.4.3 Quality & compliance management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.5. Simulation, testing, & change management
- 4.3.5.1 Simulation, testing, & change management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.6. Manufacturing operations management
- 4.3.6.1 Manufacturing operations management market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.7. Others
- 4.3.7.1 Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. Consulting
- 4.4.2.1 Consulting market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. Integration & deployment
- 4.4.3.1 Integration & deployment market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.4. Support & maintenance
- 4.4.4.1 Support & maintenance market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.5. Quality assurance
- 4.4.5.1 Quality assurance market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Product Lifecycle Management Market: Deployment Estimates & Trend Analysis
- 5.1. Product Lifecycle Management Market: Key Takeaways
- 5.2. Product Lifecycle Management Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. On-premise
- 5.3.1. On-premise market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Software-as-a-Service
- 5.4.1. Software-as-a-Service market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Product Lifecycle Management Market: End Use Estimates & Trend Analysis
- 6.1. Product Lifecycle Management Market: Key Takeaways
- 6.2. Product Lifecycle Management Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Aerospace & defense
- 6.3.1. Aerospace & defense market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Automotive & transportation
- 6.4.1. Automotive & transportation market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Healthcare
- 6.5.1. Healthcare market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. IT & telecom
- 6.6.1. IT & telecom market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.7. Industrial equipment & heavy machinery
- 6.7.1. Industrial equipment & heavy machinery market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.8. Retail
- 6.8.1. Retail market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.9. Semiconductor & electronics
- 6.9.1. Semiconductor & electronics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.10. Automotive & transportation
- 6.10.1. Automotive & transportation market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.11. Healthcare
- 6.11.1. Healthcare market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.12. Others
- 6.12.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Product Lifecycle Management Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. Product Lifecycle Management Market by Region: Key Takeaway
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.2. U.S.
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.3.3. Canada
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4. Europe
- 7.4.1. U.K.
- 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.4.3. France
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD
- 7.4.1. U.K.
- 7.5. Asia Pacific
- 7.5.1. Japan
- 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.2. China
- 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.3. India
- 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.4. Australia
- 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.5. South Korea
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.5.1. Japan
- 7.6. Latin America
- 7.6.1. Brazil
- 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.2. Mexico
- 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.6.1. Brazil
- 7.7. MEA
- 7.7.1. South Africa
- 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.2. Saudi Arabia
- 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.3. UAE
- 7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 7.7.1. South Africa
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. ANSYS, Inc
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Aras
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. PTC, Inc.
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. Seimens
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. Oracle
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. SAP
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.6.5.
- 8.2.7. Autodesk Inc.
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Dassault Systemes
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. PTC
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. Synopsys, Inc.,
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives
- 8.2.1. ANSYS, Inc
Product Code: GVR-4-68038-631-8
List of Tables
- Table 1 List of abbreviations
- Table 2 North America product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 3 North America product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 4 North America product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 5 North America product lifecycle management market, by region, 2018 - 2030 (USD Million)
- Table 6 U.S. product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 7 U.S. product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 8 U.S. product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 9 Canada product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 10 Canada product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 11 Canada product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 12 Europe product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 13 Europe product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 14 Europe product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 15 Europe product lifecycle management market, by region, 2018 - 2030 (USD Million)
- Table 16 Germany product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 17 Germany product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 18 Germany product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 19 UK product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 20 UK product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 21 UK product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 22 France product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 23 France product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 24 France product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 25 Asia Pacific product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 26 Asia Pacific product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 27 Asia Pacific product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 28 Asia Pacific product lifecycle management market, by region, 2018 - 2030 (USD Million)
- Table 29 Japan product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 30 Japan product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 31 Japan product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 32 China product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 33 China product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 34 China product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 35 India product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 36 India product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 37 India product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 38 Australia product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 39 Australia product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 40 Australia product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 41 South Korea product lifecycle management market, by product, 2018 - 2030 (USD Million)
- Table 42 South Korea product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 43 South Korea product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 44 Latin America product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 45 Latin America product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 46 Latin America product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 47 Latin America product lifecycle management market, by region, 2018 - 2030 (USD Million)
- Table 48 Brazil product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 49 Brazil product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 50 Brazil product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 51 Mexico product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 52 Mexico product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 53 Mexico product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 54 Middle East and Africa product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 55 Middle East and Africa product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 56 Middle East and Africa product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 57 Middle East and Africa product lifecycle management market, by region, 2018 - 2030 (USD Million)
- Table 58 South Africa product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 59 South Africa product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 60 South Africa product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 61 Saudi Arabia product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 62 Saudi Arabia product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 63 Saudi Arabia product lifecycle management market, by end use, 2018 - 2030 (USD Million)
- Table 64 UAE product lifecycle management market, by component, 2018 - 2030 (USD Million)
- Table 65 UAE product lifecycle management market, by deployment, 2018 - 2030 (USD Million)
- Table 66 UAE product lifecycle management market, by end use, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 Value-chain-based sizing & forecasting
- Fig. 6 QFD modeling for market share assessment
- Fig. 7 Market formulation & validation
- Fig. 8 Product lifecycle management: Market outlook
- Fig. 9 Product lifecycle management: Competitive insights
- Fig. 10 Parent market outlook
- Fig. 11 Related/ancillary market outlook
- Fig. 12 Penetration and growth prospect mapping
- Fig. 13 Industry value chain analysis
- Fig. 14 Product lifecycle management market driver impact
- Fig. 15 Product lifecycle management market restraint impact
- Fig. 16 Product lifecycle management market strategic initiatives analysis
- Fig. 17 Product lifecycle management market: Component movement analysis
- Fig. 18 Product lifecycle management market: Component outlook and key takeaways
- Fig. 19 Software market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Services market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Product lifecycle management market: Deployment movement analysis
- Fig. 22 Product lifecycle management market: Deployment outlook and key takeaways
- Fig. 23 On-premise market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Software-as-a-Service market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Product lifecycle management market: End use movement analysis
- Fig. 26 Product lifecycle management market: End use outlook and key takeaways
- Fig. 27 Aerospace & defense market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Automotive & transportation market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Healthcare market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 30 IT & telecom market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Industrial equipment & heavy machinery market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Retail market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Semiconductor & electronics market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Others market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Global product lifecycle management market: Regional movement analysis
- Fig. 36 Global product lifecycle management market: Regional outlook and key takeaways
- Fig. 37 North America market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 38 U.S. market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Canada market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Europe. market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 41 UK market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Germany market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 43 France market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 44 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Japan market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 46 China market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 47 India market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Australia market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 49 South Korea market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 50 Latin America market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Brazil market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Mexico market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Middle East and Africa. market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 54 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 55 South Africa market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 56 UAE market estimates and forecasts, 2018 - 2030 (USD Million)
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.