Press release

COVID-19 Impacts: Product Lifecycle Management (PLM) in Consumer Goods Market Will Accelerate at a CAGR of Over 10% Through 2020-2024 | Increasing Demand for PDRs to Boost Growth | Technavio

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Technavio has been monitoring the product lifecycle management (PLM) in consumer goods market and it is poised to grow by USD 2.02 billion during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200803005374/en/

Technavio has announced its latest market research report titled Global Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on Covid-19 Impact

Frequently Asked Questions-

  • At what CAGR is the market projected to grow during the forecast period 2020-2024?
  • Growing at a CAGR of over 10%, the market growth will accelerate during the forecast period of 2020-2024.

  • What is the key factor driving the market?
  • Increasing demand for PDRs is one of the key factors driving market growth.

  • What are the top players in the market?
  • ANSYS Inc., Aras Corp., Autodesk Inc., Dassault Systèmes SE, HP Inc., International Business Machines Corp., Oracle Corp., PTC Inc., SAP SE, and Siemens AG. are some of the major market participants.

  • Which region is expected to hold the highest market share in the market?
  • North America

  • What is the major trend for product lifecycle management (PLM) in consumer goods market?
  • Increasing adoption of cloud-based PLM software is a major growth factor for the market.

The market is moderately fragmented, and the degree of will accelerate during the forecast period. ANSYS Inc., Aras Corp., Autodesk Inc., Dassault Systèmes SE, HP Inc., International Business Machines Corp., Oracle Corp., PTC Inc., SAP SE, and Siemens AG are some of the major market participants. The increasing demand for PDRs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in fast-growing segments, while maintaining their position in the slow-growing segments.

Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024: Segmentation

Product Lifecycle Management (PLM) in Consumer Goods Market is segmented as below:

  • Deployment

    • Professional Services
    • On-premise
    • Cloud
  • Geography

    • North America
    • Europe
    • APAC
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40858

Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our product lifecycle management (PLM) in consumer goods market report covers the following areas:

  • Product Lifecycle Management (PLM) in Consumer Goods Market size
  • Product Lifecycle Management (PLM) in Consumer Goods Market trends
  • Product Lifecycle Management (PLM) in Consumer Goods Market analysis

This study identifies increasing adoption of cloud-based PLM software as one of the prime reasons driving the product lifecycle management (PLM) in consumer goods market growth during the next few years.

Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the product lifecycle management (PLM) in consumer goods market, including some of the vendors such as ANSYS Inc., Aras Corp., Autodesk Inc., Dassault Systèmes SE, HP Inc., International Business Machines Corp., Oracle Corp., PTC Inc., SAP SE, and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the product lifecycle management (PLM) in consumer goods market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Product Lifecycle Management (PLM) in Consumer Goods Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist product lifecycle management (PLM) in consumer goods market growth during the next five years
  • Estimation of the product lifecycle management (PLM) in consumer goods market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the product lifecycle management (PLM) in consumer goods market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of product lifecycle management (PLM) in consumer goods market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DEPLOYMENT

  • Market segmentation by deployment
  • Comparison by deployment
  • Professional services – Market size and forecast 2019-2024
  • On-premise – Market size and forecast 2019-2024
  • Cloud – Market size and forecast 2019-2024
  • Market opportunity by deployment

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing adoption of cloud-based PLM software
  • Rise in number of strategic partnerships
  • Introduction of PLM mobile applications

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ANSYS Inc.
  • Aras Corp.
  • Autodesk Inc.
  • Dassault Systèmes SE
  • HP Inc.
  • International Business Machines Corp.
  • Oracle Corp.
  • PTC Inc.
  • SAP SE
  • Siemens AG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.