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Cloud-Based PLM Trends and Forecast
The future of the global cloud-based PLM market looks promising with opportunities in the aerospace & defense, healthcare & life science, retail & consumer good, energy & utility, industrial machinery & heavy equipment, telecommunication & IT, automotive & transportation, and semiconductor & electronic sectors. The global cloud-based PLM market is expected to reach an estimated $78.0 billion by 2030 with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are growth of cloud adoption, growing demand for integrated PLM solutions, and rising emphasis on setting up smart manufacturing facilities and products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cloud-Based PLM by Segment
The study includes a forecast for the global cloud-based PLM by component, technology, application, end use industry, and region.
Cloud-Based PLM Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Service
Cloud-Based PLM Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Radio-Frequency Identification
• Near Field Communication
• Others
Cloud-Based PLM Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Portfolio Management
• Product Data Management
• Collaborative Design and Engineering
• Customer Management
• Compliance Management
• Others
Cloud-Based PLM Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Healthcare & Life Sciences
• Retail & Consumer Goods
• Energy & Utilities
• Industrial Machinery & Heavy Equipment
• Telecommunication & IT
• Automotive & Transportation
• Semiconductor & Electronics
• Others
Cloud-Based PLM Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cloud-Based PLM Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud-based PLM companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud-based PLM companies profiled in this report include-
• Dassault Systems
• Siemens
• PTC
• Oracle
• SAP
• Autodesk
• Arena Solutions
• Aras
• Accenture PLC
Cloud-Based PLM Market Insights
Lucintel forecasts that customer management is expected to witness highest growth over the forecast period due to its significant requirement among various industries to focus on customer satisfaction.
APAC is expected to witness highest growth over the forecast period due to rising demand for internet of things and linked device technologies among smes and increasing preference for cloud-based business applications among enterprises of the region.
Features of the Global Cloud-Based PLM Market
Market Size Estimates: Cloud-based PLM market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cloud-based PLM market by various segments, such as by component, technology, application, end use industry and region in terms of($B).
Regional Analysis: Cloud-based PLM market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, technologies, applications, end use industries, and regions for the cloud-based PLM market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud-based PLM market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the cloud-based PLM market size?
Answer: The global cloud-based PLM market is expected to reach an estimated $78.0 billion by 2030.
Q.2 What is the growth forecast for cloud-based PLM market?
Answer: The global cloud-based PLM market is expected to grow with a CAGR of 12.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the cloud-based PLM market?
Answer: The major drivers for this market are growth of cloud adoption, growing demand for integrated PLM solutions, and rising emphasis on setting up smart manufacturing facilities and products.
Q4. What are the major segments for cloud-based PLM market?
Answer: The future of the cloud-based PLM market looks promising with opportunities in the aerospace & defense, healthcare & life science, retail & consumer good, energy & utility, industrial machinery & heavy equipment, telecommunication & IT, automotive & transportation, and semiconductor & electronic sectors.
Q5. Who are the key cloud-based PLM market companies?
Answer: Some of the key cloud-based PLM companies are as follows:
• Dassault Systems
• Siemens
• PTC
• Oracle
• SAP
• Autodesk
• Arena Solutions
• Aras
• Accenture PLC
Q6. Which cloud-based PLM market segment will be the largest in future?
Answer: Lucintel forecasts that customer management is expected to witness highest growth over the forecast period due to its significant requirement among various industries to focus on customer satisfaction.
Q7. In cloud-based PLM market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising demand for internet of things and linked device technologies among smes and increasing preference for cloud-based business applications among enterprises of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cloud-based PLM market by component (software and service), technology (radio-frequency identification, near field communication, and others), application (portfolio management, product data management, collaborative design and engineering, customer management, compliance management, and others), end use industry (aerospace & defense, healthcare & life sciences, retail & consumer goods, energy & utilities, industrial machinery & heavy equipment, telecommunication & IT, automotive & transportation, semiconductor & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cloud-Based Plm Market, Cloud-Based Plm Market Size, Cloud-Based Plm Market Growth, Cloud-Based Plm Market Analysis, Cloud-Based Plm Market Report, Cloud-Based Plm Market Share, Cloud-Based Plm Market Trends, Cloud-Based Plm Market Forecast, Cloud-Based Plm Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Cloud-Based PLM Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cloud-Based PLM Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cloud-Based PLM Market by Component
3.3.1: Software
3.3.2: Service
3.4: Global Cloud-Based PLM Market by Technology
3.4.1: Radio-Frequency Identification
3.4.2: Near Field Communication
3.4.3: Others
3.5: Global Cloud-Based PLM Market by Application
3.5.1: Portfolio Management
3.5.2: Product Data Management
3.5.3: Collaborative Design and Engineering
3.5.4: Customer Management
3.5.5: Compliance Management
3.5.6: Others
3.6: Global Cloud-Based PLM Market by End Use Industry
3.6.1: Aerospace & Defense
3.6.2: Healthcare & Life Sciences
3.6.3: Retail & Consumer Goods
3.6.4: Energy & Utilities
3.6.5: Industrial Machinery & Heavy Equipment
3.6.6: Telecommunication & IT
3.6.7: Automotive & Transportation
3.6.8: Semiconductor & Electronics
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cloud-Based PLM Market by Region
4.2: North American Cloud-Based PLM Market
4.2.1: North American Cloud-Based PLM Market by Application: Portfolio Management, Product Data Management, Collaborative Design and Engineering, Customer Management, Compliance Management, and Others
4.2.2: North American Cloud-Based PLM Market by End Use Industry: Aerospace & Defense, Healthcare & Life Sciences, Retail & Consumer Goods, Energy & Utilities, Industrial Machinery & Heavy Equipment, Telecommunication & IT, Automotive & Transportation, Semiconductor & Electronics, and Others
4.3: European Cloud-Based PLM Market
4.3.1: European Cloud-Based PLM Market by Application: Portfolio Management, Product Data Management, Collaborative Design and Engineering, Customer Management, Compliance Management, and Others
4.3.2: European Cloud-Based PLM Market by End Use Industry: Aerospace & Defense, Healthcare & Life Sciences, Retail & Consumer Goods, Energy & Utilities, Industrial Machinery & Heavy Equipment, Telecommunication & IT, Automotive & Transportation, Semiconductor & Electronics, and Others
4.4: APAC Cloud-Based PLM Market
4.4.1: APAC Cloud-Based PLM Market by Application: Portfolio Management, Product Data Management, Collaborative Design and Engineering, Customer Management, Compliance Management, and Others
4.4.2: APAC Cloud-Based PLM Market by End Use Industry: Aerospace & Defense, Healthcare & Life Sciences, Retail & Consumer Goods, Energy & Utilities, Industrial Machinery & Heavy Equipment, Telecommunication & IT, Automotive & Transportation, Semiconductor & Electronics, and Others
4.5: ROW Cloud-Based PLM Market
4.5.1: ROW Cloud-Based PLM Market by Application: Portfolio Management, Product Data Management, Collaborative Design and Engineering, Customer Management, Compliance Management, and Others
4.5.2: ROW Cloud-Based PLM Market by End Use Industry: Aerospace & Defense, Healthcare & Life Sciences, Retail & Consumer Goods, Energy & Utilities, Industrial Machinery & Heavy Equipment, Telecommunication & IT, Automotive & Transportation, Semiconductor & Electronics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cloud-Based PLM Market by Component
6.1.2: Growth Opportunities for the Global Cloud-Based PLM Market by Technology
6.1.3: Growth Opportunities for the Global Cloud-Based PLM Market by Application
6.1.4: Growth Opportunities for the Global Cloud-Based PLM Market by End Use Industry
6.1.5: Growth Opportunities for the Global Cloud-Based PLM Market by Region
6.2: Emerging Trends in the Global Cloud-Based PLM Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cloud-Based PLM Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cloud-Based PLM Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Dassault Systems
7.2: Siemens
7.3: PTC
7.4: Oracle
7.5: SAP
7.6: Autodesk
7.7: Arena Solutions
7.8: Aras
7.9: Accenture PLC
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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