The Cloud Based PLM Market size is estimated to grow from USD 18.65 Billion in 2016 to USD 40.55 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 16.80%.
Managing re-engineering in real-time, integration into ERP system, customer management, vendor configuration, 3D printing, and Internet of Things (IoT) devices are some of the emerging aspects increasing the demand for cloud-based PLM solutions. The report aims at estimating the market size and future growth potential of the cloud-based PLM market across different segments, such as applications, organization size, industry verticals, and regions. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021. PLM as a platform, Building Information Modeling (BIM) & product engineering, and cloud enabled PLM solutions are the upcoming trends in the Cloud Based PLM Market . These trends in the cloud-based PLM market would also help the enterprises focus on customer relationship and enhanced monitoring of PLM processes.
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The research methodology used to estimate and forecast the cloud based Product Lifecycle Management (PLM) market begins with capturing data on key vendor revenues through secondary research, such as Cloud Computing Association (CCA), The Computer Science and Engineering Association (CSEA), Asia Cloud Computing Association (ACCA), Information System Security Association (ISSA), Information Systems Audit and Control Association (ISACA), and many more. The vendor’s offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure is employed to arrive at the overall market size of the global Cloud Based PLM Market from the revenue of the key players in the market. After arriving at the overall market size, the total market is split into several segments and sub-segments, which are then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures are employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
The Cloud Based PLM Market ecosystem comprises application providers such as Dassault Systemes, Siemens AG, PTC Inc., Oracle Corporation, SAP SE, Autodesk, Inc., and others. Other stakeholders of the cloud-based PLM market include cloud vendors, software providers, IoT vendors, product manufacturers, system integrators/migration service providers, consultancy firms/advisory firms, training and education service providers, and retailers.
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- Cloud vendors
- Application design and development service providers
- System integrators/migration service providers
- Consultancy firms/advisory firms
- Training and education service providers
- Data integration service providers
- Managed service providers
- Data quality service providers
“The research study answers several questions for the stakeholders, primarily which market segments to focus in during the next two to five years for prioritizing the efforts and investments”.
Scope of the Report
The research report categorizes the Cloud Based PLM Market to forecast the revenues and analyze the trends in each of the following sub-markets:
- Portfolio Management
- Product Data Management
- Collaborative Design and Engineering
- Customer Management
- Compliance Management
By Organization Size
- Small and Medium Enterprise (SME)
- Large enterprise
- Aerospace and Defense
- Healthcare and Life Sciences
- Retail and Consumer goods
- Energy and Utilities
- Industrial Machinery and Heavy Equipment
- Telecommunication and IT
- Automotive and Transportation
- Semiconductor and Electronics
- North America
- Middle East and Africa (MEA)
- Asia-Pacific (APAC)
With the given market data, Publisher offers customizations as per the company’s specific needs. The following customization options are available for the report:
- Product matrix which gives a detailed comparison of product portfolio of each company
- Further breakdown of the North American cloud-based PLM market
- Further breakdown of the European cloud-based PLM market
- Further breakdown of the APAC Cloud Based PLM Market
- Further breakdown of the MEA cloud-based PLM market
- Further breakdown of the Latin American cloud-based PLM market
- Detailed analysis and profiling of additional market players
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