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Product Lifecycle Management Market Analysis

  • Report ID: 98
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Product Lifecycle Management Market Analysis

The product lifecycle management (PLM) market is segmented and analyzed for demand and supply by end-user into aerospace & defense, energy & utilities, pharmaceutical, and others, out of which, the energy & utilities segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the constant development in the energy & utility industry across the globe. As of 2021, the electric utilities in the USA were estimated to reach around 2000 terawatt hours.

Our in-depth analysis of the global market includes the following segments:

          By Type
  • Architecture & Engineering
  • Electronic Design & Automation
  • Simulation & Analysis
  • Numerical Control
  • Construction

          By Deployment
  • On-Premise
  • Cloud

          By Services
  • Consulting
  • Integration
  • Maintenance
  • Operation

          By End-User
  • Aerospace & Defense
  • Energy & Utilities
  • Pharmaceutical
  • Others
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 98
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Higher adoption of the integrated internet of things (IoT) and rising demand for product lifecycle management in the aerospace & defense industry are estimated to majorly boost the market growth.

The market is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2022 – 2031.

The requirement for higher initial investment and the possibility of data breach is estimated to challenge the market growth.

The market in North America region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are Autodesk Inc., Inflectra Corporation, Oracle Corporation, BAMBOO ROSE LLC, Propel Industries Pvt. Ltd., SAP SE, Ansys, Inc., The Hewlett-Packard Company, and others.
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