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PRODUCT LIFECYCLE MANAGEMENT MARKET ANALYSIS

Product Lifecycle Management Market, By Component (Software (On-premise (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others), Cloud Based (Cax, NC, S&A, AEC, CPDM, Digital Manufacturing, EDA, Others)), and Services (Consulting, Integration, and Operation and Maintenance)), By End use (Automotive and Transportation, Aerospace and Defense, Industrial Machinery and Heavy Equipment, Electronics and Semiconductor, Energy and Utilities, Consumer Products and Retail, Medical Devices and Pharmaceutical, IT and Telecom, and Others (Marine, Chemical)), And By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Market News

Product Lifecycle Management Market Market: Key Developments

  • Key companies are focused on product launches, in order to enhance their product portfolio. For instance, in June 2020, PTC Inc. launched Windchill product lifecycle management (PLM) software.
  • Major market players are involved in partnerships and collaborations, to enhance the market presence. For instance, in July 2020, Siemens AG partnered with SAP to enhance solutions for product lifecycle management.
  • In April 2021, Innov Metric has made available the Poly Works Data Loop PLM Connector. The PLM connector is made to link your Poly Works intelligent 3D digital measuring network to your Product Lifecycle Management system.

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