Product
lifecycle management (PLM) represents an overall vision and
systematic data management related to the product design, production,
support as well as its ultimate disposal in a product development
process in organizations. There are certain variables such as time,
functions, performance, and price that change frequently with the
product lifecycle processes. Therefore, the product innovation
process should be done based on the changes in above mentioned
variables to meet the market the demand. Delivering right product at
right time is the major goal of enterprises in the market. PLM
provides many benefits to organizations such as significant reduction
in time-to-market the product, production cost minimization, and
product quality and reliability enhancement. The various challenges
faced by product development teams in enterprises include
globalization, and growing demand for mass customization as well as
quick innovation. These challenges are leading to the growing need
for PLM solutions, which provide the collaborative environment and
knowledge management of a product’s lifecycle process.
Browse
Product Lifecycle Management Market Report with Full TOC at
http://www.transparencymarketresearch.com/product-lifecycle-management-market.html
This
research report provides in-depth analysis of the global PLM market
based on component types, end-use applications, and geography. In
terms of geographical regions, the report segments the global PLM
market into North America, Europe, Asia Pacific, the Middle East and
Africa (MEA), and Latin America, which are analyzed in terms of
revenue generation. North America is further segmented into the U.S.
and Rest of North America, while Europe is divided into EU7,
Commonwealth of Independent States (CIS), and Rest of Europe.
Moreover, Asia Pacific is subdivided into Japan, China, South Asia,
Australasia, and Rest of Asia Pacific. Also, MEA is further segmented
into Gulf Cooperation Council (GCC) countries, North Africa, Southern
Africa, and Rest of MEA, while Latin America is subdivided into
Brazil and Rest of Latin America.
The
PLM market is categorized based on component types into software and
services. The market is experiencing implementation of PLM software
in both on-premise as well as cloud-based models. The report further
segments both on-premise and cloud-based PLM into various software
types including CAD/CAM/CAE (CAx), numerical control (NC), simulation
and analysis (S&A), architecture, engineering and construction
(AEC), collaborative product definition management (CPDM), digital
manufacturing, electronic design automation (EDA), and others. The
PLM services market is also subdivided into consulting, integration,
and operation & maintenance. This research report provides
complete insights into different end-use application sectors of PLM
including automotive and transportation, aerospace and defense,
industrial machinery and heavy equipment, electronics and
semiconductor, energy and utilities, consumer products and retail,
medical devices and pharmaceuticals, IT and telecom, and others
(marine and chemicals). The report analyzes each of these segments
for various geographical segments considered under the scope of the
study.
Furthermore,
the report analyzes the factors that drive and restrain the growth of
the PLM market. The report also discusses the prevailing market
trends, prospective growth opportunities, and major strategies
increasing the popularity of PLM software and services. It also
provides the market estimates and forecasts for all the segments in
terms of revenue. Also provided is the market positioning of key
players in the global PLM market.
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Additionally,
the report includes competitive profiling of the major players
engaged in offering PLM software and services. Major business
strategies adopted by them, their market positioning, and various
recent developments have also been identified in the research report.
The key market players profiled in this study include both software
vendors and service providers. The major PLM software vendors
profiled in the report are Dassault Systemes, PTC, Inc., Siemens AG,
Autodesk, Inc., SAP SE and Aras Corporation. The major service
providers of PLM profiled in the study are IBM Corporation, Accenture
PLC, Atos SE, and Hewlett-Packard Company.
Product
Lifecycle Management (PLM) Market
By
Component Type
Software
On-Premise
- CAD/CAM/CAE (CAx)
- Numerical Control (NC)
- Simulation and Analysis (S&A)
- Electronic Design and Automation (EDA)
- Architecture, Engineering and Construction (AEC)
- Collaborative Product Definition Management (CPDM)
- Digital Manufacturing
- Others
Cloud-based
- CAD/CAM/CAE (CAx)
- Numerical Control (NC)
- Simulation and Analysis (S&A)
- Electronic Design and Automation (EDA)
- Architecture, Engineering and Construction (AEC)
- Collaborative Product Definition Management (CPDM)
- Digital Manufacturing
- Others
Services
- Consulting
- Integration
- Operation and Maintenance
By
End-use
- Automotive and Transportation
- Aerospace and Defense
- Industrial Machinery and Heavy Equipment
- Electronics and Semiconductor
- Energy and Utilities
- Consumer Products and Retail
- Medical Devices and Pharmaceutical
- IT and Telecom
- Others
By
Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Browse
Press Release Of Product Lifecycle Management Market
http://www.transparencymarketresearch.com/pressrelease/product-lifecycle-management-market.htm
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