PUBLISHER: TechNavio | PRODUCT CODE: 1709679
PUBLISHER: TechNavio | PRODUCT CODE: 1709679
The cloud product lifecycle management (PLM) market is forecasted to grow by USD 1544.9 mn during 2024-2029, accelerating at a CAGR of 7.1% during the forecast period. The report on the cloud product lifecycle management (PLM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in it expenditure, growing demand for large-scale product lifecycle management, and rising requirement for remotely accessible product lifecycle management solutions.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.5% |
CAGR | 7.1% |
Incremental Value | $1544.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's cloud product lifecycle management (PLM) market is segmented as below:
By Product
By Business Segment
By Deployment
By Geographical Landscape
This study identifies the interlinking of cloud product lifecycle management as one of the prime reasons driving the cloud product lifecycle management (PLM) market growth during the next few years. Also, increasing adoption of automatic real-time tracking of products and stringent government regulations to make cloud safer will lead to sizable demand in the market.
The report on the cloud product lifecycle management (PLM) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud product lifecycle management (PLM) market vendors that include Accenture PLC, ApparelMagic, Aras Corp., Autodesk Inc., Bamboo Rose LLC, Centric Software Inc., Essig PLM, FusePLM LLC, IFS World Operations AB, Infor Inc., Oracle Corp., Professional Systems Associates Inc., PROLIM Global Corp., Propel Software Solutions Inc., PTC Inc., SAP SE, and Siemens AG. Also, the cloud product lifecycle management (PLM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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