Press release
Growth of Product Lifecycle Management (PLM) Market Trends, Share, Industry Size, Opportunities and Forecast 2017-2021 – Research Nester
Optical Imaging Market Overview
Product Lifecycle Management (PLM) helps in managing complex product development procedures to develop cost-effective, competitive and high quality products. The Global Product Lifecycle Management Market is anticipated to bolster at a compound annual growth rate (CAGR) of 8.3% to reach at USD 76.0 Billion by 2022. Geographically, the Product Lifecycle Management (PLM) market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World.
Request Report Sample @ https://www.researchnester.com/sample-request/2/rep-id-98
Market Segmentation
By Component Type - The global Product Life Cycle Management (PLM) market is segmented based on component type into software and services. With 57% of share in 2015, PLM services segment dominated the global Product Life Cycle Management (PLM) market followed by software.
By End Users - Based on end users, the global Product Life Cycle Management (PLM) market is divided as IT and telecom, transportation, electronics, aerospace, defense, consumer, retail and healthcare. With 24% share, aerospace and defense dominated the global Product Life Cycle Management (PLM) market in 2015.
Request for TOC Here @ https://www.researchnester.com/toc-request/1/rep-id-98
Growth Drivers and Challenges
Escalating requirement of an innovative, cost-effective and time saving product management process is likely to drive the growth of global Product Life Cycle Management (PLM) market over the forecast period i.e. 2015-2021. In addition to that, rising adoption of Product Life Cycle Management (PLM) in retail, pharmaceutical and consumer goods industry is also believed to garner the growsth of global PLM market in future. However, lack of interoperability among dissimilar product versions coupled with low acceptance of PLM services by SMEs (small and medium-sized enterprises) is expected to dampen the growth of global Product Life Cycle Management (PLM) market in coming 5-6 years.
Buy This Premium Reports Now @ https://www.researchnester.com/payment/rep-id-98
Market Size and Forecast
Regionally, with approximately 34.0% of market in 2015, North America holds the top rank in global Product Life Cycle Management (PLM) market. The market in the region is anticipated to foster owing to high capital investments on product management systems by major companies belonging to various sectors (including IT, telecom, transport, etc.) Middle East and Africa (MEA) region is anticipated to witness the highest expansion at a CAGR of 14.5% in the Product Life Cycle Management (PLM) market over the forecast period i.e. 2015-2021.
For more details visit @ https://www.researchnester.com/reports/global-product-lifecycle-management-plm-market-analysis-opportunity-outlook-2021/98
Research Nester is a leading service provider for strategic market research and consulting, serving clients from 120+ countries across the globe. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Name:- Ajay Daniel
1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growth of Product Lifecycle Management (PLM) Market Trends, Share, Industry Size, Opportunities and Forecast 2017-2021 – Research Nester here
News-ID: 1043263 • Views: …
More Releases from Research Nester Pvt Ltd
Vegan Food Market: Size is Expected to Surpass USD 91.83 billion by 2035
Research Nester, the global vegan food market size is predicted to expand at a CAGR of 11.8% between 2026 and 2035, on account of the rising awareness of people about fitness globally.
Request Free Sample Report @ https://www.researchnester.com/sample-request-6172
The Increasing Demand for Vegan Food Globally Will Increase the Global Market Share of Vegan Food Market
By the end of 2035, the vegan food sector will have grown significantly and appear extremely promising. Several…
U.S. Cogeneration Equipment Market Forecast to Exhibit Robust Growth During 2026 …
The U.S. cogeneration equipment market is poised for robust advancement throughout the forecast period from 2026 to 2035, driven primarily by the nation's growing focus on energy efficiency and decarbonization. Increasing regulatory emphasis on sustainable energy use, coupled with corporate commitments to reduce carbon footprints, is stimulating widespread adoption of combined heat and power (CHP) systems across industrial, commercial, and institutional sectors. The integration of cogeneration technologies aligns with the…
U.S. Coal Gasification Market Size is Expected to Witness Accelerated Expansion …
The U.S. coal gasification market is expected to witness robust expansion during the forecast period from 2026 to 2035, driven primarily by the nation's push toward cleaner energy conversion technologies and carbon utilization strategies. The growing emphasis on decarbonizing heavy industries and enhancing domestic energy security has positioned coal gasification as a pivotal pathway for transforming coal into cleaner synthesis gas, hydrogen, and chemical feedstocks. Advancements in carbon capture and…
U.S. Nuclear Fusion Market Size is Projected to Record Sustained Growth Through …
The U.S. nuclear fusion market is expected to experience strong growth throughout the forecast period from 2026 to 2035, driven primarily by technological breakthroughs in plasma confinement and increasing public-private investment in next-generation energy systems. As the country accelerates its transition toward low-carbon and sustainable power solutions, fusion energy has emerged as a promising alternative to traditional nuclear fission. Innovations in superconducting magnets, laser systems, and artificial intelligence-driven plasma control…
More Releases for PLM
PLM and Engineering Software Market Analysis: Competitive Landscape, Growth Driv …
[Nevada, October 2024] - Product Lifecycle Management (PLM) and Engineering Software serve as pivotal components in the industrial machinery and design sectors, transforming how businesses manage product development from inception to retirement. These advanced software solutions streamline processes, enhance collaboration, and boost efficiency across global supply chains. As organizations strive to innovate while meeting the demands of increasingly complex regulations and customer expectations, the relevance of PLM and Engineering Software…
Product Lifecycle Management Software Market Key Players - Fastreact, Delogue PL …
United States, New Jersey: Product Lifecycle Management Software Market was valued at USD 47.45 Billion in 2019 and is projected to reach USD 78.14 Billion by 2027, growing at a CAGR of 6.44 % from 2020 to 2027.
The Product Lifecycle Management Software Market has been experiencing significant growth over the past few years, driven by technological advancements, shifting consumer preferences, and increasing investment from both public and private sectors. This market…
2024 PLM Market & Industry Forum
he event highlights the digital twin concept & CIMdata's analysis of 2023's PLM market results.
CIMdata, Inc., the leading global PLM strategic management consulting and research firm host the 2024 PLM Market & Industry Forum, a global event exploring the transformative power of Digital Twins in optimizing product performance. And for this, BrainWave (BWC) proudly stands as the exclusive partner for CIMdata in India.
CIMdata 2024 presents the discussion…
Product Lifecycle Management (PLM) Software Market is Booming Worldwide | Siemen …
The latest independent research document on Global Product Lifecycle Management (PLM) Software examine investment in Market. It describes how companies deploying these technologies across various industry verticals aim to explore its potential to become a major business disrupter. The Product Lifecycle Management (PLM) Software study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along…
Mainstream PLM Software Market Is Booming Worldwide | Parametric Technology, Sie …
A new business intelligence report released by HTF MI with title "Global Mainstream PLM Software Market Report 2018 " has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Mainstream PLM Software Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived…
Global Product Lifecycle Management (PLM) Market: Know the Drivers - Autodesk, O …
Qyresearchreports include new market research report Global Product Lifecycle Management (PLM) Market Size, Status and Forecast 2019-2025 to its huge collection of research reports.
Major growth drivers in the product lifecycle management market are fulfilling increasing compliance requests, nurturing product innovation and reducing time-to-market complexities, adapting to growing product variety, aligning dissimilar product development practises across partitions after numerous mergers and acquisitions and handling rising costs as well as shorter product…
