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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Copyright © 2017 Market Research Future.
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. It has gained enough recognition with manufacturers as a means for managing the stages of product development to collaborate, regulate, and track changes to products. low cost ownership, strong product data management, seamless collaboration, innovation, and easy implementation are some of the key benefits of cloud-based PLM.
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Global Cloud Based PLM Market Research Report by Forecast to 2023
Major Key Players: •
Dassault Systemes (France)
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Siemens AG (Germany)
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PTC Inc. (U.S.)
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Oracle Corporation (U.S.)
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SAP SE (Germany)
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Autodesk, Inc.(U.S.)
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Arena Solutions, Inc. (U.S Aras (U.S.)
Segmentation: •
Based on component, the cloud-based PLM market is segmented into services and software. The software segment is again segmented into digital manufacturing (DM), collaborative product definition management (CPDM), architecture, engineering and construction (AEC), electronic design and automation (EDA), simulation and analysis (S&A), numerical control (NC), and CAD/CAM/CAE. The services segment is again segmented into infrastructure as a service (IaaS), software as a service (SaaS), platform as a service (PaaS), and others.
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Based on technology, the cloud-based PLM market is segmented into near field communication, radio-frequency identification, and others.
Regional Analysis: 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.
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Global Cloud Based PLM Market Research Report by Forecast to 2023 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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Copyright Š 2017 Market Research Future.
Global Cloud Based PLM Market Research Report by Forecast to 2023
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Copyright Š 2017 Market Research Future.