Global Cloud Based PLM Market Research Report by Forecast to 2023

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Global Cloud Based PLM Market Research Report by Forecast to 2023

Global Cloud Based PLM Market Research Report by Forecast to 2023

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Global Cloud Based PLM Market Research Report by Forecast to 2023

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Global Cloud Based PLM Market Research Report by Forecast to 2023

Summary The global cloud-based PLM market is predicted to surpass USD 50 billion at a 15% CAGR over the forecast period (2017-2023), reveals the new Market Research Future (MRFR) report. Cloud-based PLM is an internet-based system that helps to manage a product and its related information right from the concept up to the end.

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Global Cloud Based PLM Market Research Report by Forecast to 2023

Major Key Players: •

Dassault Systemes (France)

Siemens AG (Germany)

PTC Inc. (U.S.)

Oracle Corporation (U.S.)

SAP SE (Germany)

Autodesk, Inc.(U.S.)

Segmentation: •

Based on technology, the cloud-based PLM market is segmented into near field communication, radio-frequency identification, and others.

Based on application, the cloud-based PLM market is segmented into compliance management, customer management, collaborative design and engineering, product data management, portfolio management, and others. Of these, the customer management segment will have the largest share in the market over the forecast period.

Based on organization size, the cloud-based PLM market is segmented into large enterprise and small and medium enterprise.

Regional Analysis:

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Global Cloud Based PLM Market Research Report by Forecast to 2023 Based on the region, the cloud-based PLM market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World. Of these, North America will lead the market over the forecast period. The US is the key contributor here. This is owing to advanced technological infrastructure coupled with the presence of several cloud-based solution providers in the region. The cloud-based PLM market in the APAC region is predicted to have substantial growth over the forecast period. Japan, Republic of Korea, Taiwan, and China are the key contributors here. This is due to government agencies promoting cloud-based PLM constantly for data security.

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Global Cloud Based PLM Market Research Report by Forecast to 2023

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