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Product Lifecycle Management Software Market by Software Type, Deployment Type, End User, and Region 2023-2028

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    Report

  • 143 Pages
  • January 2023
  • Region: Global
  • IMARC Group
  • ID: 5732467
The global product lifecycle management (PLM) software market size reached US$ 24.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 38.2 Billion by 2028, exhibiting a CAGR of 7.39% during 2022-2028.

Product lifecycle management (PLM) software enables the management of a product from initial conception to its development, service, and disposal. It relies on enterprise applications (EA), such as enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM). It helps manufacturers gather ideas from customers, engineers, and scientists and convert them into products and services that dominate the market. Besides this, as it assists in streamlining the flow of information across the supply chain, PLM software finds extensive applications in the electronics, aerospace, and automotive industries worldwide.

Product Lifecycle Management (PLM) Software Market Trends:

At present, businesses around the world are opting for remote working on account of the coronavirus disease (COVID-19) outbreak and consequent deployment of cloud-based solutions. This, in confluence with the increasing digitalization and automation in different industry verticals, represents one of the key factors driving the market. Moreover, there is presently a rise in the use of PLM software in modern manufacturing companies as it assists in enhancing collaborations and decreasing inefficiency by precise and prompt usage of information. Besides this, it helps businesses increase revenues by reducing time-to-market (TTM) for new products and providing service for existing products. It also aids them in addressing their challenges, creating a competitive advantage against other businesses, and minimizing the total cost of ownership (TCO). Nowadays, PLM software aids in the cradle-to-grave product lifecycle processes integrated with real-time data using technologies, such as the internet of things (IoT), artificial intelligence (AI), and machine learning (ML). This is catalyzing the demand for PLM software across the globe. Furthermore, the rapid expansion of small and medium enterprises (SMEs) is stimulating the growth of the market.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global product lifecycle management (PLM) software market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on software type, deployment type and end user.

Breakup by Software Type:

  • Portfolio Management
  • Design and Engineering Management
  • Quality and Compliance Management
  • Simulation, Testing and Change Management
  • Manufacturing Operations Management
  • Others

Breakup by Deployment Type:

  • On-premises
  • Cloud-based

Breakup by End User:

  • Aerospace and Defense
  • Automotive and Transportation
  • Healthcare
  • IT and Telecom
  • Industrial Equipment and Heavy Machinery
  • Retail
  • Semiconductor and Electronics
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ANSYS Inc., Aras Corporation, Autodesk Inc., Coats Digital, Dassault Systèmes SE (Dassault Group), Infor (Koch Industries Inc.), Oracle Corporation, PROCAD GmbH & Co. KG, Ptc Inc., Pulse Technology Systems Ltd., SAP SE and Siemens Aktiengesellschaft. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global Product Lifecycle Management (PLM) software market in 2022?
2. What is the expected growth rate of the global Product Lifecycle Management (PLM) software market during 2023-2028?
3. What are the key factors driving the global Product Lifecycle Management (PLM) software market?
4. What has been the impact of COVID-19 on the global Product Lifecycle Management (PLM) software market?
5. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the software type?
6. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the deployment type?
7. What is the breakup of the global Product Lifecycle Management (PLM) software market based on the end user?
8. What are the key regions in the global Product Lifecycle Management (PLM) software market?
9. Who are the key players/companies in the global Product Lifecycle Management (PLM) software market?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Product Lifecycle Management (PLM) Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Software Type
6.1 Portfolio Management
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Design and Engineering Management
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Quality and Compliance Management
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Simulation, Testing and Change Management
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Manufacturing Operations Management
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast

7 Market Breakup by Deployment Type
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by End User
8.1 Aerospace and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive and Transportation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 IT and Telecom
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Industrial Equipment and Heavy Machinery
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Retail
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Semiconductor and Electronics
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast

9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ANSYS Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Aras Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Autodesk Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Coats Digital
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Dassault Systèmes SE (Dassault Group)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Infor (Koch Industries Inc.)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Oracle Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 PROCAD GmbH & Co. KG
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Ptc Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Pulse Technology Systems Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 SAP SE
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Siemens Aktiengesellschaft
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report

List of Figures
Figure 1: Global: Product Lifecycle Management Software Market: Major Drivers and Challenges
Figure 2: Global: Product Lifecycle Management Software Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Product Lifecycle Management Software Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Product Lifecycle Management Software Market: Breakup by Software Type (in %), 2022
Figure 5: Global: Product Lifecycle Management Software Market: Breakup by Deployment Type (in %), 2022
Figure 6: Global: Product Lifecycle Management Software Market: Breakup by End User (in %), 2022
Figure 7: Global: Product Lifecycle Management Software Market: Breakup by Region (in %), 2022
Figure 8: Global: Product Lifecycle Management Software (Portfolio Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Product Lifecycle Management Software (Portfolio Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Product Lifecycle Management Software (Design and Engineering Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Product Lifecycle Management Software (Design and Engineering Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Product Lifecycle Management Software (Quality and Compliance Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Product Lifecycle Management Software (Quality and Compliance Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Product Lifecycle Management Software (Simulation, Testing and Change Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Product Lifecycle Management Software (Simulation, Testing and Change Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Product Lifecycle Management Software (Manufacturing Operations Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Product Lifecycle Management Software (Manufacturing Operations Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Product Lifecycle Management Software (Other Software Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Product Lifecycle Management Software (Other Software Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Product Lifecycle Management Software (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Product Lifecycle Management Software (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Product Lifecycle Management Software (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Product Lifecycle Management Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Product Lifecycle Management Software (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Product Lifecycle Management Software (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Product Lifecycle Management Software (Automotive and Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Product Lifecycle Management Software (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Product Lifecycle Management Software (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Product Lifecycle Management Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Product Lifecycle Management Software (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Product Lifecycle Management Software (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Product Lifecycle Management Software (Industrial Equipment and Heavy Machinery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Product Lifecycle Management Software (Industrial Equipment and Heavy Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Product Lifecycle Management Software (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Product Lifecycle Management Software (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Product Lifecycle Management Software (Semiconductor and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Product Lifecycle Management Software (Semiconductor and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Product Lifecycle Management Software (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Product Lifecycle Management Software (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia-Pacific: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia-Pacific: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Product Lifecycle Management Software Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Product Lifecycle Management Software Market: Breakup by Country (in %), 2022
Figure 88: Middle East and Africa: Product Lifecycle Management Software Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Global: Product Lifecycle Management Software Industry: SWOT Analysis
Figure 90: Global: Product Lifecycle Management Software Industry: Value Chain Analysis
Figure 91: Global: Product Lifecycle Management Software Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Product Lifecycle Management Software Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Product Lifecycle Management Software Market Forecast: Breakup by Software Type (in Million US$), 2023-2028
Table 3: Global: Product Lifecycle Management Software Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
Table 4: Global: Product Lifecycle Management Software Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Product Lifecycle Management Software Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Product Lifecycle Management Software Market: Competitive Structure
Table 7: Global: Product Lifecycle Management Software Market: Key Players

Companies Mentioned

  • ANSYS Inc.
  • Aras Corporation
  • Autodesk Inc.
  • Coats Digital
  • Dassault Systèmes SE (Dassault Group)
  • Infor (Koch Industries Inc.)
  • Oracle Corporation
  • PROCAD GmbH & Co. KG
  • Ptc Inc.
  • Pulse Technology Systems Ltd.
  • SAP SE
  • Siemens Aktiengesellschaft.

Methodology

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