Tokyo, Japan -- (SBWIRE) -- 02/20/2019 -- Product Lifecycle Management (PLM) Software market is expected to grow from USD 40.1 billion in 2017 to USD 59.65 billion by 2025, at a CAGR of 7.1% during the forecast period 2019-2025.

As technology development companies have increased their scale of operations that simultaneously increased their variation in their product portfolio. To manage the whole information about the idea to implementation of a product has become critical that led to the innovation of a new software which is Product Lifecycle Management (PLM) Software. Moreover, the Application of products is increasing, making their development and support more complex. So there is a huge requirement of product life cycle management (PLM) software to make product development process smoother, across various industries.

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Product Lifecycle Management (PLM) Software market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report also provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments.

Global Product Lifecycle Management (PLM) Software Market Segmentation

By component: application/software and service

By deployment: on-premise and on-cloud

By end-user: automotive and transportation, industrial machinery, electronics and semiconductors, retail, aerospace and defense, energy and utilities, pharmaceuticals, IT & telecom, and others

By region: North America, Europe, Asia-Pacific and the rest of the world.

Top Companies Operated in this market
- Accenture (Ireland)
- Aras Corporation (USA)
- Arena Solutions, Inc. (USA)
- Autodesk, Inc. (USA)
- Centric Software, Inc. (USA)
- Dassault Systemes SA (France)
- DXC Technology Co. (USA)
- Gerber Technology (USA)
- International Business Machines Corporation (USA)
- Lectra SA (France)
- Omnify Software, Inc. (USA)
- Oracle Corporation (USA)
- Selerant Corporation (USA)
- Siemens PLM Software, Inc. (USA)
- Tata Technologies Ltd. (Singapore)
- T-Systems International GmbH (Germany)

Major Points Covered in this report
1. Product Lifecycle Management (PLM) Software Market Overview
2. Economic Impact on Industry
3. Industry Trend in Global Region
4. Market Size, Share, Trend, Growth
5. Industry Revenue, Price Trend by Type
6. Market Analysis by Application
7. Market Effect Factors Analysis
8. Global Market Forecast
9. Appendix

Key questions answered in this report
1. What are Study Objectives of Market?
2. What will the Market size in 2024?
3. How will market change over the forecast period?
4. What segment or region will drive Product Lifecycle Management (PLM) Software Market growth and why?
5. What are opportunities and challenges in market
6. What are the dynamics of the market?

It also provides market size and forecast till 2025 for overall Product Lifecycle Management (PLM) Software market with respect to major regions. The market by each region is later sub-segmented by respective countries and segments. The report covers the Business analysis and forecast globally along with the current trend and opportunities prevailing in the region.

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