Product Lifecycle Management Market 2024 - By Growth Rat, Share, Analysis, Outlook and Forecast To 2033

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Product Lifecycle Management Global Market Report
2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Product Lifecycle Management Market Segments
The Business Research Company segments the
pproduct lifecycle management market report as
Software, Services
By Component
On-Premises, On-Cloud
By Deployment
Automotive And Transportation, Industrial
Machinery, Electronics And Semiconductors,
Retail, Energy And Utilities, Aerospace And
Defense, Pharmaceuticals, IT And Telecomm, Other
End Users
By End-User
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Market Statistics
The global Product Lifecycle Management market
size grew from 37.15 billion in 2023 to 39.84
billion in 2024 at a compound annual growth rate
(CAGR) of 7.2. The Product Lifecycle Management
market size is expected to grow to 53.7 billion
in 2028 at a compound annual growth rate (CAGR)
of 7.8.
53.7 B
39.84 B
37.15 B
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Key Market Drivers And Trends
Drivers
The rising adoption of integrated IoT solutions
in PLM applications is expected to propel the
growth of the pproduct lifecycle management
market going forward.
Trends
Artificial intelligence is a key trend gaining
popularity in the Product Lifecycle Management
market.
Region
Europe was the largest region in the Product
Lifecycle Management market in 2023. The regions
covered in the Product Lifecycle Management
market analysis report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, Middle East and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• Oracle Corporation,
• Siemens AG,
• PTC Inc.,
• Dassault Systèmes SE,
• Autodesk, Inc.,
• ANSYS, Inc

• SAP SE,
• Arena Solutions,
• Infor,
• Aras Corporation,
• Odoo

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