Cloud-based PLM Market is Expected to Reach Approximately USD 50 billion by 2023, at a 15%

Pune, India, February 20, 2018 /MRFR Press Release/- Market research future published a Half cooked research report on Global Cloud-based PLM Market.

With the increase in online transactions, the e-commerce sector is growing at a rapid pace, and it is important for business enterprises to offer their quality services in a short period of time. Cloud-based PLM helps the retail sector across the world to expand their retail solutions to evolve and innovate ideas, develop, and design the product and consolidate to their suppliers and distributors for providing better customer satisfaction. Thus, cloud-based PLM software helps the retail industry to analyze, strategize, and customize according to the need of the consumer.

Moreover, the proliferation of IoT is anticipated to drive the cloud-based PLM market over the forecast period. On the flip side, the cost and complex solutions of cloud-based PLM are anticipated to hinder the growth of the market as anticipated over the forecast period.

Access Report Deatails @ https://www.marketresearchfuture.com/reports/cloud-based-plm-market-1555

The cloud-based PLM market has been categorized into the component, organization size, technology, application, and end user.

The component segment is further is categorized into software and services. The software segment is sub-divided into CAD/CAM/CAE (CAx), Numerical Control (NC), Simulation & Analysis (S&A), Electronic Design and Automation (EDA), Architecture, Engineering and Construction (AEC), Collaborative Product Definition Management (CPDM), Digital Manufacturing (DM), and others.

The services are segregated into Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) and others.

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

Furthermore, application-based cloud-based PLM market is sub-divided into portfolio management, product data management, collaborative design and engineering, customer management, compliance management, and others.

 On the basis of organization size, the market is bifurcated into small & medium enterprise (SME) and large enterprise.

Lastly, the cloud-based PLM market is sub-segmented into end user which include aerospace & defense, healthcare & life sciences, retail & consumer goods, energy & utilities, industrial machinery & heavy equipment, telecommunication & IT, automotive & transportation, semiconductor & electronics, and others.

According to Market Research Future analysis Cloud-based, PLM market has been valued at approximately USD 50 billion with 15% CAGR during the forecast period 2017-2023.

Key Players

 Market research future identifies some of the key players of cloud-based PLM market are Dassault Systemes (France), Siemens AG (Germany), PTC Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Autodesk, Inc. (U.S.), Arena Solutions, Inc. (U.S), Aras Corporation (U.S.), Infor Inc. (U.S.),  Accenture PLC (U.S.), IFS AB (Sweden), and Razorleaf Corp. (U.S.)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com