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Cloud-based Product Lifecycle Management Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 137
  • SKU: IRTNTR74277
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The cloud-based product lifecycle management market is projected to grow by USD 2.69 billion with a CAGR of 12.37% during the forecast period 2021 to 2026.

This cloud-based product lifecycle management market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cloud-based product lifecycle management market segmentation by product (CPDM, DM, and CAD) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The cloud-based product lifecycle management market report also offers information on several market vendors, including Accenture Plc, ApparelMagic, Aptean Group of Companies, Aras Corp, Autodesk Inc, Capgemini Service SAS, Centric Software Inc, Dassault Systemes SE, Duro Labs Inc, HCL Technologies Ltd., IFS World Operations AB, International Business Machines Corp., Koch Industries Inc., Larsen and Toubro Ltd., Oracle Corp., Propel Software Solutions Inc, PTC Inc., SAP SE, and Siemens AG among others.

What will the Cloud-based Product Lifecycle Management Market Size be During the Forecast Period?

Cloud-based Product Lifecycle Management Market Size

Download Report Sample to Unlock the Cloud-based Product Lifecycle Management Market Size for the Forecast Period and Other Important Statistics

 

Cloud-based Product Lifecycle Management Market: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the cloud-based product lifecycle management market. During the COVID-19 pandemic, the cloud-based product lifecycle management market demand has been impacted greatly. A holistic analysis of drivers will help in predicting exact demands and refining marketing strategies to gain a competitive advantage.

Key Cloud-based Product Lifecycle Management Market Driver

Reduction in IT expenditure is one of the key drivers fueling the cloud-based product lifecycle management (PLM) market growth. By implementing cloud-based product lifecycle management software, organizations can examine and measure the type and number of ongoing projects that are undertaken by them, along with a real-time tracking plan. The implementation of cloud-based product lifecycle management software permits the organization to save annual operating costs by using cloud storage. Also, users can save further costs because it does not require internal power to store information remotely. All these factors are expected to fuel the growth of the market during the forecast period.

Key Cloud-based Product Lifecycle Management Market Trend

Interlinking of cloud-based product lifecycle management is one of the key cloud-based product lifecycle management (PLM) market trends propelling the market growth. With the growing demand for product lifecycle management software, users of this software are demanding new feature-rich add-ons to increase overall productivity. Currently, cloud-based product lifecycle management software is deployed by several enterprises to give people access to crucial documents, data, and reports from multiple devices at multiple locations. With all the data accessible centrally by numerous users, the accountability of the system will increase, which will provide enterprises with an instant overview of the work process. This, in turn, will propel market growth in the near future.

Key Cloud-based Product Lifecycle Management Market Challenge

Threats to cybersecurity and software privacy are one of the factors limiting the cloud-based product lifecycle management (PLM) market growth. Most enterprises are storing their data on cloud storage platforms, which can be easily hacked into or infected by malware. Though cloud solutions are becoming more secure, they are still vulnerable to distributed denial-of-service (DDoS) attacks, data breaches, unsecured application programming interfaces (APIs), data loss, and account hijacking. Also, concerns over data security and privacy have been increasing in the global market. To save costs, enterprises have been adopting cloud-based models, which have limited security control over the data. Thus, cybersecurity and software privacy-related issues might pose a critical threat to this market during the forecast period.

This cloud-based product lifecycle management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global cloud-based product lifecycle management market as a part of the global systems software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cloud-based product lifecycle management market during the forecast period.

Who are the Major Cloud-based Product Lifecycle Management Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • ApparelMagic
  • Aptean Group of Companies
  • Aras Corp
  • Autodesk Inc
  • Capgemini Service SAS
  • Centric Software Inc
  • Dassault Systemes SE
  • Duro Labs Inc
  • HCL Technologies Ltd.
  • IFS World Operations AB
  • International Business Machines Corp.
  • Koch Industries Inc.
  • Larsen and Toubro Ltd.
  • Oracle Corp.
  • Propel Software Solutions Inc
  • PTC Inc.
  • SAP SE
  • Siemens AG

 

This statistical study of the cloud-based PLM market encompasses successful business strategies deployed by the key vendors. The cloud-based PLM market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • sap.com - The company offers cloud-based PLM solutions such as SAP Product Lifecycle Costing and Enterprise Product Development.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report cloud-based PLM market contains a comprehensive market knowledge and in-depth vendor landscape added on to an analysis of the key vendors.

Cloud-based Product Lifecycle Management Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the cloud-based PLM market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profits and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for the Cloud-based Product Lifecycle Management Market?

Cloud-based Product Lifecycle Management Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

48% of the market’s growth will originate from North America during the forecast period. The US is the key market for the cloud-based product lifecycle management market in North America. Market growth in this region will be slower than the growth of the market in APAC and South America.

The stable economy, technological advancements, and advanced infrastructure will facilitate the cloud-based product lifecycle management market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

In 2020, there was a rapid increase in demand for cloud-based product lifecycle management products owing to the outbreak of COVID-19. Moreover, an increase in the adoption of cloud-based technology to facilitate remote working and ensure business continuity is also driving the growth of the cloud-based product lifecycle management market. Such trends are expected to boost the growth of the regional market during the forecast period.

What are the Revenue-generating Product Segments in the Cloud-based Product Lifecycle Management Market?

Cloud-based Product Lifecycle Management Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The cloud-based product lifecycle management market share growth by the CPDM segment will be significant during the forecast period. The primary factor driving the CPDM segment is the increasing demand for a strategic business approach that uses a consistent set of business processes, which, put together, provide a wide set of diverse solutions to a single problem. The cloud-based CPDM enables better collaboration between manufacturers and suppliers by making the product data accessible via any computer with an Internet connection. These factors for CPDM will drive market growth in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cloud-based product lifecycle management market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Cloud-based Product Lifecycle Management Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 12.37%

Market growth 2022-2026

$2.69 billion

Market structure

Fragmented

YoY growth (%)

12.13

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 48%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, ApparelMagic, Aptean Group of Companies, Aras Corp, Autodesk Inc, Capgemini Service SAS, Centric Software Inc, Dassault Systemes SE, Duro Labs Inc, HCL Technologies Ltd., IFS World Operations AB, International Business Machines Corp., Koch Industries Inc., Larsen and Toubro Ltd., Oracle Corp., Propel Software Solutions Inc, PTC Inc., SAP SE, and Siemens AG.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cloud-based Product Lifecycle Management Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive cloud-based product lifecycle management market growth during the next five years
  • Precise estimation of the cloud-based product lifecycle management market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cloud-based product lifecycle management industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cloud-based product lifecycle management market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 CPDM - Market size and forecast 2021-2026
      • Exhibit 28: Chart on CPDM - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on CPDM - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on CPDM - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on CPDM - Year-over-year growth 2021-2026 (%)
    • 5.4 DM - Market size and forecast 2021-2026
      • Exhibit 32: Chart on DM - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on DM - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on DM - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on DM - Year-over-year growth 2021-2026 (%)
    • 5.5 CAD - Market size and forecast 2021-2026
      • Exhibit 36: Chart on CAD - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on CAD - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on CAD - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on CAD - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 40: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Accenture Plc
              • Exhibit 93: Accenture Plc - Overview
              • Exhibit 94: Accenture Plc - Business segments
              • Exhibit 95: Accenture Plc - Key news
              • Exhibit 96: Accenture Plc - Key offerings
              • Exhibit 97: Accenture Plc - Segment focus
            • 10.4 ApparelMagic
              • Exhibit 98: ApparelMagic - Overview
              • Exhibit 99: ApparelMagic - Product / Service
              • Exhibit 100: ApparelMagic - Key offerings
            • 10.5 Aras Corp
              • Exhibit 101: Aras Corp - Overview
              • Exhibit 102: Aras Corp - Product / Service
              • Exhibit 103: Aras Corp - Key news
              • Exhibit 104: Aras Corp - Key offerings
            • 10.6 Autodesk Inc
              • Exhibit 105: Autodesk Inc - Overview
              • Exhibit 106: Autodesk Inc - Product / Service
              • Exhibit 107: Autodesk Inc - Key news
              • Exhibit 108: Autodesk Inc - Key offerings
            • 10.7 Dassault Systemes SE
              • Exhibit 109: Dassault Systemes SE - Overview
              • Exhibit 110: Dassault Systemes SE - Product / Service
              • Exhibit 111: Dassault Systemes SE - Key news
              • Exhibit 112: Dassault Systemes SE - Key offerings
            • 10.8 Koch Industries Inc.
              • Exhibit 113: Koch Industries Inc. - Overview
              • Exhibit 114: Koch Industries Inc. - Product / Service
              • Exhibit 115: Koch Industries Inc. - Key news
              • Exhibit 116: Koch Industries Inc. - Key offerings
            • 10.9 Oracle Corp.
              • Exhibit 117: Oracle Corp. - Overview
              • Exhibit 118: Oracle Corp. - Business segments
              • Exhibit 119: Oracle Corp. - Key news
              • Exhibit 120: Oracle Corp. - Key offerings
              • Exhibit 121: Oracle Corp. - Segment focus
            • 10.10 PTC Inc.
              • Exhibit 122: PTC Inc. - Overview
              • Exhibit 123: PTC Inc. - Business segments
              • Exhibit 124: PTC Inc. - Key offerings
              • Exhibit 125: PTC Inc. - Segment focus
            • 10.11 SAP SE
              • Exhibit 126: SAP SE - Overview
              • Exhibit 127: SAP SE - Business segments
              • Exhibit 128: SAP SE - Key news
              • Exhibit 129: SAP SE - Key offerings
              • Exhibit 130: SAP SE - Segment focus
            • 10.12 Siemens AG
              • Exhibit 131: Siemens AG - Overview
              • Exhibit 132: Siemens AG - Business segments
              • Exhibit 133: Siemens AG - Key news
              • Exhibit 134: Siemens AG - Key offerings
              • Exhibit 135: Siemens AG - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              Cloud-based Product Lifecycle Management market growth will increase by $2695.94 million during 2022-2026.
              The cloud-based product lifecycle management market is expected to grow at a CAGR of 12.37% during 2022-2026.
              Technavio has segmented the cloud-based product lifecycle management market by geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Accenture Plc, ApparelMagic, Aptean Group of Companies, Aras Corp, Autodesk Inc, Capgemini Service SAS, Centric Software Inc, Dassault Systemes SE, Duro Labs Inc, HCL Technologies Ltd., IFS World Operations AB, International Business Machines Corp., Koch Industries Inc., Larsen and Toubro Ltd., Oracle Corp., Propel Software Solutions Inc, PTC Inc., SAP SE, Siemens AG are a few of the key vendors in the cloud-based product lifecycle management market.
              North America will register the highest growth rate of 47.68% among the other regions. Therefore, the cloud-based product lifecycle management market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the cloud-based product lifecycle management market growth are:
              • Reduction in IT expenditure
              • Interlinking of cloud based product lifecycle management
              The cloud-based product lifecycle management market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Details on the market shares of various regions
              • Five-force market analysis

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