Home >> Technology >> Cloud-Based PLM Market will expand with steady pace by 2016-2024

Cloud-Based PLM Market will expand with steady pace by 2016-2024

Cloud-Based PLM Market
Cloud-Based PLM Market

Zion Market Research, the market research group announced the analysis report titled  ‘Cloud-Based PLM Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’

Global Cloud-Based PLM Market: Overview

PLM stands for portfolio management application. It secures customers as they are working on a reliable platform throughout the product lifecycle. Cloud is an Internet-based system which manages data of the product and its related information from beginning to end of the product lifecycle. Cloud-based PLM is widely accepted in the world by many manufacturers to track record of the product development. It also assists to boost resources with better planning and enable financial constraints. For instance, Autodesk introduced PDM in Cloud-Based PLM solution. This launch will allow users to manage CAD geometry along with features such as versioning, collaboration on designs, revision control, and release tracking.

Request Free Sample Report @  https://www.zionmarketresearch.com/sample/cloud-based-plm-market

Global Cloud-Based PLM Market: Segmentation

The global market is segmented on the basis of vertical as industrial machinery and heavy equipment, energy and utilities, healthcare and life sciences, automotive and transportation, aerospace and defense, telecommunication and IT, semiconductor and electronics, retail and consumer goods, and others. Of which, telecommunication and IT vertical segment dominate the global market. Owing to increasing acceptance of cloud-based PLM, this, in turn, is anticipated to boost the global market. On the basis of applications, the global cloud-based PLM market is further categorized as customer management, portfolio management, compliance management, product data management, collaborative design and engineering, and others. Of which, customer management is the leading segment and accounts for the largest market share in the global market.

Global Cloud-Based PLM Market: Growth Factors

Some of the major drivers influencing the global cloud-based PLM market are vendor configuration, managing to re-engineer in real-time, 3D printing, integration into ERP system, Internet of Things (IoT) devices, customer management, and increasing demand for cloud-based PLM solutions. Customer management application is expected to boost the market in the near future. The enterprises are focusing on customer retention through enriching their customer experience, which is expected to fuel cloud-based PLM market growth in future. Moreover, cloud-based PLM assists in retaining customers as well as provide the solution to maintain healthy customer relationship.

Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/cloud-based-plm-market

Global Cloud-Based PLM Market: Regional Analysis

North America is the dominating regional segment in terms of adoption of cloud-based PLM. However, Asia-Pacific is expected to witness remarkable growth in the IT infrastructure. This region is expected to show considerable growth in next few years owing to improving IT industries and outsourcing. In addition, growing needs of cloud-based application also fuel the cloud-based PLM market in this region. Moreover, economic development in countries such as India, China, and Japan are also gaining considerable growth in the global cloud-based PLM market.

Browse detail report @  https://www.zionmarketresearch.com/report/cloud-based-plm-market

Global Cloud-Based PLM Market: Competitive Players

Some of the key players in the global cloud-based PLM market include Razorleaf Corp., Arena Solutions, Inc., Oracle Corporation, Autodesk, Inc., and Siemens AG. Others key competitors are Accenture PLC, Infor, Inc., Aras, Key Innovator, PTC, Inc., Dassault Systèmes, and SAP SE.

About Us

Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *