The Asia Pacific Product Lifecycle Management Market would witness market growth of 7.2% CAGR during the forecast period (2021-2027).
The deployment of PLM solutions at the product innovation stage can help in decreasing the operational costs and marketing time along with motivating innovations in business operations. These advantages are projected to fuel the demand for PLM solutions in the market. The trend of smart factories and the implementation of smart manufacturing solutions, especially by SMEs, for reduced-cost, and personalized solutions, are estimated to bolster the growth of the product lifecycle management market. Though, key challenges related to the integration and costs of implementation & concerns about data security are anticipated to slow down the market growth during the forecast period.
There are various new enhancements witnessed in the PLM market in the past few years, especially in terms of advanced software capabilities. The launch of IoT-enabled PLM solutions is among the major developments of the PLM market. The incorporation of IoT with PLM solutions has enabled the PLM solution providers to improve their capabilities, thus enabling the extraction of data regarding product development & delivery process in real-time and more focus on quality management in the post-manufacturing stage.
With the exploding digitalization and industrialization in the emerging nations of the region, the demand for product lifecycle management would increase in the coming years. The latest digital technologies are transforming the healthcare & pharmaceutical sector in Vietnam because digital technologies are a constructive way to enhance efficiency and promoting cost control without negotiating on patient care. Several initiatives by the Australian government are motivating various companies to adopt PLM solutions.
There are many other countries in the Asia Pacific region; which are taking many numbers of supportive initiatives that are playing a key role in the adoption of various innovative technologies by SMEs and large organizations. The companies are increasingly investing in the usage of the latest technologies and solutions for boosting productivity and improved efficiency, which would augment the demand for PLM solutions in this region.
The China market dominated the Asia Pacific Portfolio Management Product Lifecycle Management Market by Country 2020, thereby, achieving a market value of $430.8 million by 2027. The Japan market is showcasing a CAGR of 7.7% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 8.9% during (2021 - 2027).
Based on Software Type, the market is segmented into Design & Engineering Management, Manufacturing Operations Management, Portfolio Management, Simulation, Testing, & Change Management, Quality & Compliance Management and Others. Based on Deployment Type, the market is segmented into Cloud and On-Premise. Based on End User, the market is segmented into Automotive & Transportation, IT & Telecom, Aerospace & Defense, Retail, Healthcare, Semiconductor & Electronics, Industrial Equipment & Heavy Machinery and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Product Lifecycle Management Market is Projected to reach USD 41.9 Billion by 2027, at a CAGR of 6.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Oracle Corporation, Siemens AG, Dassault Systemes SE, IBM Corporation, Hewlett Packard Enterprise Company, Accenture PLC, Autodesk, Inc., Tata Consultancy Services Ltd. and Infor, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Software Type
- Design & Engineering Management
- Manufacturing Operations Management
- Portfolio Management
- Simulation, Testing, & Change Management
- Quality & Compliance Management
- Others
By Deployment Type
By End User
- Automotive & Transportation
- IT & Telecom
- Aerospace & Defense
- Retail
- Healthcare
- Semiconductor & Electronics
- Industrial Equipment & Heavy Machinery
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Oracle Corporation
- Siemens AG
- Dassault Systemes SE
- IBM Corporation
- Hewlett Packard Enterprise Company
- Accenture PLC
- Autodesk, Inc.
- Tata Consultancy Services Ltd.
- Infor, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Product Lifecycle Management Market, by Software Type
1.4.2 Asia Pacific Product Lifecycle Management Market, by Deployment Type
1.4.3 Asia Pacific Product Lifecycle Management Market, by End User
1.4.4 Asia Pacific Product Lifecycle Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Sep – 2021, Jun) Leading Players
Chapter 4. Asia Pacific Product Lifecycle Management Market by Deployment Type
4.1 Asia Pacific Product Lifecycle Management Cloud Market by Country
4.2 Asia Pacific Product Lifecycle Management On-Premise Market by Country
Chapter 5. Asia Pacific Product Lifecycle Management Market by End User
5.1 Asia Pacific Automotive & Transportation Product Lifecycle Management Market by Country
5.2 Asia Pacific IT & Telecom Product Lifecycle Management Market by Country
5.3 Asia Pacific Aerospace & Defense Product Lifecycle Management Market by Country
5.4 Asia Pacific Retail Product Lifecycle Management Market by Country
5.5 Asia Pacific Healthcare Product Lifecycle Management Market by Country
5.6 Asia Pacific Semiconductor & Electronics Product Lifecycle Management Market by Country
5.7 Asia Pacific Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country
5.8 Asia Pacific Other End User Product Lifecycle Management Market by Country
Chapter 6. Asia Pacific Product Lifecycle Management Market by Software Type
6.1 Asia Pacific Design & Engineering Management Product Lifecycle Management Market by Country
6.2 Asia Pacific Manufacturing Operations Management Product Lifecycle Management Market by Country
6.3 Asia Pacific Portfolio Management Product Lifecycle Management Market by Country
6.4 Asia Pacific Simulation, Testing, & Change Management Product Lifecycle Management Market by Country
6.5 Asia Pacific Quality & Compliance Management Product Lifecycle Management Market by Country
6.6 Asia Pacific Others Product Lifecycle Management Market by Country
Chapter 7. Asia Pacific Product Lifecycle Management Market by Country
7.1 China Product Lifecycle Management Market
7.1.1 China Product Lifecycle Management Market by Deployment Type
7.1.2 China Product Lifecycle Management Market by End User
7.1.3 China Product Lifecycle Management Market by Software Type
7.2 Japan Product Lifecycle Management Market
7.2.1 Japan Product Lifecycle Management Market by Deployment Type
7.2.2 Japan Product Lifecycle Management Market by End User
7.2.3 Japan Product Lifecycle Management Market by Software Type
7.3 India Product Lifecycle Management Market
7.3.1 India Product Lifecycle Management Market by Deployment Type
7.3.2 India Product Lifecycle Management Market by End User
7.3.3 India Product Lifecycle Management Market by Software Type
7.4 South Korea Product Lifecycle Management Market
7.4.1 South Korea Product Lifecycle Management Market by Deployment Type
7.4.2 South Korea Product Lifecycle Management Market by End User
7.4.3 South Korea Product Lifecycle Management Market by Software Type
7.5 Singapore Product Lifecycle Management Market
7.5.1 Singapore Product Lifecycle Management Market by Deployment Type
7.5.2 Singapore Product Lifecycle Management Market by End User
7.5.3 Singapore Product Lifecycle Management Market by Software Type
7.6 Malaysia Product Lifecycle Management Market
7.6.1 Malaysia Product Lifecycle Management Market by Deployment Type
7.6.2 Malaysia Product Lifecycle Management Market by End User
7.6.3 Malaysia Product Lifecycle Management Market by Software Type
7.7 Rest of Asia Pacific Product Lifecycle Management Market
7.7.1 Rest of Asia Pacific Product Lifecycle Management Market by Deployment Type
7.7.2 Rest of Asia Pacific Product Lifecycle Management Market by End User
7.7.3 Rest of Asia Pacific Product Lifecycle Management Market by Software Type
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.2 SWOT Analysis
8.2 Oracle Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions:
8.3.6 SWOT Analysis
8.4 Dassault Systemes SE (Biovia Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisitions and Mergers:
8.5.6 SWOT Analysis
8.6 Hewlett Packard Enterprise Company
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Accenture PLC
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Autodesk, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Tata Consultancy Services Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. Infor, Inc. (Koch Industries)
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product launches and Product Expansions:
TABLE 1 Asia Pacific Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Product Lifecycle Management Market
TABLE 4 Product Launches And Product Expansions– Product Lifecycle Management Market
TABLE 5 Acquisition and Mergers– Product Lifecycle Management Market
TABLE 6 Geographical Expansions– Product Lifecycle Management Market
TABLE 7 Asia Pacific Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Product Lifecycle Management Cloud Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Product Lifecycle Management Cloud Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Product Lifecycle Management On-Premise Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Product Lifecycle Management On-Premise Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Automotive & Transportation Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Automotive & Transportation Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific IT & Telecom Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific IT & Telecom Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Aerospace & Defense Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Aerospace & Defense Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Retail Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Retail Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Healthcare Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Healthcare Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Semiconductor & Electronics Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Semiconductor & Electronics Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Other End User Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Other End User Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Design & Engineering Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Design & Engineering Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Manufacturing Operations Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Manufacturing Operations Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Portfolio Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Portfolio Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Quality & Compliance Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Quality & Compliance Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Others Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Others Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 47 China Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 48 China Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 49 China Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 50 China Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 51 China Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 52 China Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 53 China Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 54 China Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 55 Japan Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 56 Japan Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 57 Japan Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 58 Japan Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 59 Japan Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 60 Japan Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 61 Japan Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 62 Japan Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 63 India Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 64 India Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 65 India Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 66 India Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 67 India Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 68 India Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 69 India Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 70 India Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 71 South Korea Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 72 South Korea Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 73 South Korea Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 74 South Korea Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 75 South Korea Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 76 South Korea Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 77 South Korea Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 78 South Korea Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 79 Singapore Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 80 Singapore Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 81 Singapore Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 82 Singapore Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 83 Singapore Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 84 Singapore Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 85 Singapore Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 86 Singapore Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 87 Malaysia Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 88 Malaysia Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 89 Malaysia Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 90 Malaysia Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 91 Malaysia Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 92 Malaysia Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 93 Malaysia Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 94 Malaysia Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 101 Rest of Asia Pacific Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 102 Rest of Asia Pacific Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 103 Key Information – SAP SE
TABLE 104 Key Information – Oracle Corporation
TABLE 105 Key Information – Siemens AG
TABLE 106 Key Information – Dassault Systemes SE
TABLE 107 Key information – IBM Corporation
TABLE 108 key information – Hewlett Packard Enterprise Company
TABLE 109 Key information – Accenture PLC
TABLE 110 Key Information – Autodesk, Inc.
TABLE 111 Key Information – Tata Consultancy Services Ltd.
TABLE 112 Key Information – Infor, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, sep – 2021, Jun) Leading Players
FIG 5 SWOT Analysis: SAP SE
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: Siemens AG
FIG 8 Swot analysis: Siemens AG
FIG 9 SWOT Analysis: Dassault Systemes SE
FIG 10 Swot analysis: IBM Corporation
FIG 11 SWOT analysis: Hewlett-Packard enterprise Company
FIG 12 Swot analysis: Accenture plc
FIG 13 SWOT Analysis: Autodesk, Inc.
FIG 14 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 15 Recent strategies and developments: Infor, Inc.