Product Lifecycle Management Market 2022-31 : Industry Analysis, Size, Share, Growth And Forecast | ANSYS Inc., Oracle Corporation, SAP SE, Autodesk Inc., Siemens AG, PTC Inc., Dassault Systèmes SE

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The global product lifecycle management market report by the business research company identifies growing adoption of product lifecycle management (PLM) from end-use industries to be a major growth driver for the product lifecycle management market. PLM has the potential to offer improved supply chain accuracy, enhanced regulatory compliance, lower lead times, and an increase in sales growth. Product lifecycle management (PLM) software is being used by end-use sectors to increase transparency in supply chains & manufacturing processes and speed the development of innovative goods. For instance, in June 2021, An Ireland-based company that provided professional services agreed with DI Square, a Japan-based IT company specialized in data analytics software acquired the firm's consulting capabilities for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration.

The global product lifecycle management market is expected to grow from $44.38 billion in 2020 to $49.52 billion in 2021 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The product lifecycle management market is expected to reach $70.37 billion in 2025 at a CAGR of 9.2%.

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North America was the largest region in the product lifecycle management market in 2020. The regions covered in the product lifecycle management report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the product lifecycle management market are ANSYS Inc., Oracle Corporation, SAP SE, Autodesk Inc., Siemens AG, PTC Inc., Dassault Systèmes SE, Aras Corporation, IBM, and Atos.

The global Product Lifecycle Management market is segmented -
1) By Type: Product Catalogs, Service Catalogs
2) By Component: Solutions, Services
3) By Deployment Type: On-Premises, Cloud
4) By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
5) By Vertical: BFSI, Retail and eCommerce, Telecom, IT, Media and Entertainment, Travel and Hospitality, Other Verticals

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The Product Lifecycle Management Market Report Contents Include
1. Executive Summary
2. Product Lifecycle Management Market Characteristics
3. Product Lifecycle Management Market Trends And Strategies
4. Product Lifecycle Management Market - Macro Economic Scenario
5. Product Lifecycle Management Market Size And Growth
....
27. Product Lifecycle Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Product Lifecycle Management Market
29. Product Lifecycle Management Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Product Lifecycle Management market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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