Enjoy complimentary customisation on priority with our Enterprise License!
The product life cycle management market share should rise by USD 28.00 billion from 2021 to 2025 at a CAGR of 8.41%.
This product life cycle 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 market segmentation by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, MEA, and South America). The product life cycle management market report also offers information on several market vendors, including Accenture Plc, ANSYS Inc., Atos SE, Autodesk Inc., Dassault Systemes SE, International Business Machines Corp., Oracle Corp., PTC Inc., SAP SE, and Siemens AG among others.
To Unlock the Product Life Cycle Management Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!
The growing demand for software solutions for change management and cost management is notably driving the product life cycle management market growth, although factors such as threat of data security may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the product life cycle management industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This product life cycle 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 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The vendor landscape of the product life cycle management market entails successful business strategies deployed by the vendors. The product life cycle management market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from 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.
For more insights on the market share of various regions Request for a FREE sample now!
34% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for product life cycle management in North America.
The report offers an up-to-date analysis of the geographical composition of the product life cycle management market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing demand for compliance management will facilitate the product life cycle management market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
To gain further insights on the market contribution of various segments Request for a FREE sample
The product life cycle management market share growth by the on-premises segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the product life cycle management market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
Product Life Cycle Management Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.41% |
Market growth 2021-2025 |
$ 28.00 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.96 |
Regional analysis |
North America, Europe, APAC, MEA, and South America |
Performing market contribution |
North America at 34% |
Key consumer countries |
US, UK, China, Russian Federation, and Canada |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled |
Accenture Plc, ANSYS Inc., Atos SE, Autodesk Inc., Dassault Systemes SE, International Business Machines Corp., Oracle Corp., 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 future consumer dynamics, 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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.