North America product lifecycle
management market size is anticipated to grow at steady CAGR during the
forecast period. The North America product lifecycle management market is majorly
driven by the increasing adoption by the SMEs. Additionally, ongoing
technological advancements and rapid adoption of technologies especially cloud
based in the region is further expected to spur the market through 2025.
North America product lifecycle
management market can be segmented based on type of service, component,
deployment mode, service type, end user industry, company and country. Based on
deployment mode, the market can be bifurcated into on-premise and cloud. The
on-premise segment is expected to dominate the market since on-premise
solutions are delivered with a one-time licensing fee along with a service
agreement. Based on service type, the market can be fragmented into maintenance/support,
implementation, consulting and others. The maintenance/support segment is
expected to witness significant growth during the forecast period attributable
to the fact that facilitates customer satisfaction by resolving customer issues
or queries. Every software vendor has a dedicated support team to serve the
customers. Support, software maintenance, customer portal, post-deployment
assistance, and client testimonials are some of the services provided under maintenance/support
segment.
Major companies operating in the North
America product lifecycle management market include IBM Corporation, Autodesk
Inc., Hewlett-Packard Company, Oracle Corporation, Aras Corporation, SAP SE, Siemens
AG, Accenture, Deloitte Consulting, TCS, among others. Leading players in the
North America product lifecycle management market are engaging in partnerships
and acquisitions in order to increase their market share.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyse and forecast the market size of North
America product lifecycle management market.
- To forecast North America product lifecycle
management market based on type of service, component, deployment mode,
service type, end user industry and country distribution.
- To identify drivers and challenges for North
America product lifecycle management market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions etc. in North
America product lifecycle management market.
- To identify and analyse the profile of leading
players operating in the North America product lifecycle management market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of product lifecycle management service providers
across the region. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the service providers which could not be identified due to the
limitations of secondary research.
TechSci Research calculated North America product lifecycle
management market size using a bottom-up approach, where data for various end
user industries and its application across various product types were recorded
and forecast for the future years. TechSci Research sourced these values from
the industry experts and company representatives and externally validated
through analysing historical data of these product types and applications for
getting an appropriate, overall market size. Various secondary sources such as
company websites, news articles, press releases, company annual reports,
investor presentations and financial reports were also used by TechSci
Research.
Key Target
Audience:
- Product lifecycle management
service providers, vendors and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to product lifecycle management market
- Market research and consulting
firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as solution providers and partners, end users etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, North America product
lifecycle management market has been segmented into following categories,
in addition to the industry trends which have also been detailed below:
- Market, By Type of Service:
- CAX
- Discrete
PLM
- Process
PLM
- Market,
By Component:
- Multi-CAD
Solution
- Product
Data Management
- Digital
Manufacturing
- Market,
By Deployment Mode:
- Market,
By Service Type:
- Maintenance/Support
- Implementation
- Consulting
- Others
- Market,
By End User Industry:
- Retail
- Aerospace
and Defense
- Automotive
- Electronics
- Medical
Devices
- Pharmaceutical
& Biotech
- Market, By Country:
- United
States
- Mexico
- Canada
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in North America product lifecycle management market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of direct and indirect sales channel.
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