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Global Cloud Product Lifecycle Management Market 2016-2020

About Product Lifecycle Management

Many manufacturing companies require PLM software, as it helps deal with different functional levels of an organization such as design engineering, product designing, and manufacturing. The need for managing a product from the concept to servitization has led to the emergence of PLM software and services. The rising product complexity and increase in product portfolio across organizations have fueled the need for a system that provides solutions to the production process across industries. The implementation of PLM in an organization provides higher revenue, reduces the cost of production, and enhances capital efficiency.

Technavio’s analysts forecast the global cloud PLM market to grow at a CAGR of 8.79% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cloud PLM market for 2016-2020. To calculate the market size, the report considers both direct revenue and indirect revenue of the vendors. In addition, we have only considered DM, cPDM, and CAD software.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cloud PLM Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • PTC
  • Siemens PLM
  • AutoDesk
  • Dassault Systèmes
Other prominent vendors
  • Aras
  • Arena
  • Omnify
  • Oracle Agile
  • Infor
Market driver
  • Reduction in operations cost
  • For a full, detailed list, view our report
Market challenge
  • Increased concern for data security
  • For a full, detailed list, view our report
Market trend
  • Increased role of cloud PLM in IoT supporting devices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Cloud Product Lifecycle Management (PLM) Market 2016-2020

Technavio recognizes the following companies as the key players in the global cloud product lifecycle management (PLM) market: PTC, Siemens PLM, Autodesk, and Dassault Systèmes.

Other Prominent Vendors in the market are: Apparel magic, Aras, Arena, Omnify, Oracle Agile, and Infor.

Commenting on the report, an analyst from Technavio’s team said: “An emerging trend to watch is the increased role of cloud PLM in IoT supporting devices. IoT is the network of physical, tangible objects that are interconnected through technology and can communicate among themselves and also with internal and external environments. Thus, IoT is carried out by connecting devices with each other and also with their end-users' communication devices. IoT combines hardware devices, embedded software, communication services, and IT services together. The major components of IoT include radio-frequency identification, near field communication, wireless sensor networks, cloud services, gateways, data storage and analytics, and visualization elements.”

According to the report, a key driver of market growth is the reduction in operations cost. By implementing cloud PLM software, enterprises can reduce costs in different stages of product lifecycle such as product planning, development, manufacturing, and support, enabling them to minimize the cost of products offered. By digitally creating a manufacturing plan and re-using the plan, plant information, and manufacturing process, the enterprise can further reduce their operating cost.

Further, the report states that a challenge faced by most organizations is an increasing concern for data security. This factor could hamper market growth.

Companies Mentioned

PTC, Siemens PLM, Autodesk, Dassault Systèmes, Apparel magic, Aras, Arena, Omnify, Oracle Agile, Infor.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • PLM overview
  • Market landscape
    • Market overview
      • Table Global cloud PLM market overview
    • Market size and forecast
      • Table Global cloud PLM market ($ billions)
  • Market attractiveness
    • Table Market attractiveness 2015
    • Table Market attractiveness 2020
  • Market segmentation by product
    • Market overview
      • Table Segmentation of global cloud PLM by product 2015 (% share)
      • Table Segmentation of global cloud PLM by product 2015-2020 (% share)
    • Global cloud cPDM market
      • Table Global cloud cPDM market 2015-2020 ($ billions)
    • Global cloud CAD market
      • Table Global cloud CAD market 2015-2020 ($ millions)
    • Global cloud DM market
      • Table Global cloud DM market 2015-2020 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Segmentation of global cloud PLM by geography 2015 (% share)
      • Table Segmentation of global cloud PLM by geography 2015-2020 (% share)
    • Cloud PLM market in APAC
      • Table Cloud PLM market in APAC 2015-2020 ($ millions)
    • Cloud PLM market in Americas
      • Table Cloud PLM market in Americas 2015-2020 ($ billions)
    • Cloud PLM market in EMEA
      • Table Cloud PLM market in EMEA 2015-2020 ($ millions)
  • Buying criteria
    • Table Buying criteria
    • Cost
    • Mobility
    • Scalability
    • User interface
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Impact of trends
    • Table Impact of trends
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
    • PTC
      • Table PTC: Revenue generation in 2015
      • Table PTC: Revenue generation in 2014
      • Table PTC: Revenue generated from CAD software 2015
      • Table PTC: Revenue generated from extended PLM software 2015
      • Table PTC: Revenue generated from service lifecycle management software 2015
      • Table PTC: Revenue generated from IoT software 2015
      • Table PTC: Revenue generated by geography 2015
      • Table PTC: Revenue generated by geography 2014
    • Siemens PLM
    • Autodesk
    • Dassault Systèmes
  • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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