The Europe Product Lifecycle Management Market would witness market growth of 6.6% CAGR during the forecast period (2021-2027).
Product life-cycle management (PLM) refers to a data system, which can combine processes, data, business systems, and ultimately people in an extended enterprise. PLM software enables an enterprise to maintain information during the entire lifecycle of a product with more efficiency and effectiveness. This software includes the management of all the processes from product idea to design, and manufacture, and eventually disposal of the merchandise.
Additionally, PLM involves an enterprise strategy and an information strategy. The information strategy involves a rational arrangement by consolidating systems and the enterprise strategy helps the global companies to work as a united team to produce, design, support, and retire products. Moreover, PLM software enables a company to create a united, information-driven decision at each stage of the product lifecycle.
The growing digital transformation is motivating the companies for a customer-driven strategic business development, which includes the deployment of digital technologies, with organizational alterations. In addition, the adoption of various digital tools in the Russian market is required for the regional players to reinforce the competitiveness of major industrial sectors and to boost the transformation of state-owned enterprises. Belgium is witnessing a surge in demand for various technologies owing to the ongoing digitization in the country. Additionally, this country is adopting digital high-value industrial technologies like IoT, AI, and Big data Analytics, which would further help the country to boost its GDP.
The government of Poland is focusing on developing domestic industry technologies to take them to the 'industry 4.0' level and manufacture innovative products. But the organizations may have to face big challenges related to the digital transformation of the industry. In 2016, Poland formed a ministry of digital affairs to foster the development of broadband infrastructure, make web content, and stimulate digitization among citizens. Furthermore, there are several programs initiated in the rest of Europe for innovation policies & programs regarding digitization to optimize research and testing opportunities.
The Germany market dominated the Europe Aerospace & Defense Product Lifecycle Management Market by Country 2020, thereby, achieving a market value of $490.1 million by 2027. The UK market is exhibiting a CAGR of 6% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 7.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Product Lifecycle Management Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Product Lifecycle Management Market, by Software Type
1.4.2 Europe Product Lifecycle Management Market, by Deployment Type
1.4.3 Europe Product Lifecycle Management Market, by End User
1.4.4 Europe 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. Europe Product Lifecycle Management Market by Deployment Type
4.1 Europe Product Lifecycle Management Cloud Market by Country
4.2 Europe Product Lifecycle Management On-Premise Market by Country
Chapter 5. Europe Product Lifecycle Management Market by End User
5.1 Europe Automotive & Transportation Product Lifecycle Management Market by Country
5.2 Europe IT & Telecom Product Lifecycle Management Market by Country
5.3 Europe Aerospace & Defense Product Lifecycle Management Market by Country
5.4 Europe Retail Product Lifecycle Management Market by Country
5.5 Europe Healthcare Product Lifecycle Management Market by Country
5.6 Europe Semiconductor & Electronics Product Lifecycle Management Market by Country
5.7 Europe Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country
5.8 Europe Other End User Product Lifecycle Management Market by Country
Chapter 6. Europe Product Lifecycle Management Market by Software Type
6.1 Europe Design & Engineering Management Product Lifecycle Management Market by Country
6.2 Europe Manufacturing Operations Management Product Lifecycle Management Market by Country
6.3 Europe Portfolio Management Product Lifecycle Management Market by Country
6.4 Europe Simulation, Testing, & Change Management Product Lifecycle Management Market by Country
6.5 Europe Quality & Compliance Management Product Lifecycle Management Market by Country
6.6 Europe Others Product Lifecycle Management Market by Country
Chapter 7. Europe Product Lifecycle Management Market by Country
7.1 Germany Product Lifecycle Management Market
7.1.1 Germany Product Lifecycle Management Market by Deployment Type
7.1.2 Germany Product Lifecycle Management Market by End User
7.1.3 Germany Product Lifecycle Management Market by Software Type
7.2 UK Product Lifecycle Management Market
7.2.1 UK Product Lifecycle Management Market by Deployment Type
7.2.2 UK Product Lifecycle Management Market by End User
7.2.3 UK Product Lifecycle Management Market by Software Type
7.3 France Product Lifecycle Management Market
7.3.1 France Product Lifecycle Management Market by Deployment Type
7.3.2 France Product Lifecycle Management Market by End User
7.3.3 France Product Lifecycle Management Market by Software Type
7.4 Russia Product Lifecycle Management Market
7.4.1 Russia Product Lifecycle Management Market by Deployment Type
7.4.2 Russia Product Lifecycle Management Market by End User
7.4.3 Russia Product Lifecycle Management Market by Software Type
7.5 Spain Product Lifecycle Management Market
7.5.1 Spain Product Lifecycle Management Market by Deployment Type
7.5.2 Spain Product Lifecycle Management Market by End User
7.5.3 Spain Product Lifecycle Management Market by Software Type
7.6 Italy Product Lifecycle Management Market
7.6.1 Italy Product Lifecycle Management Market by Deployment Type
7.6.2 Italy Product Lifecycle Management Market by End User
7.6.3 Italy Product Lifecycle Management Market by Software Type
7.7 Rest of Europe Product Lifecycle Management Market
7.7.1 Rest of Europe Product Lifecycle Management Market by Deployment Type
7.7.2 Rest of Europe Product Lifecycle Management Market by End User
7.7.3 Rest of Europe 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 Europe Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 8 Europe Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 9 Europe Product Lifecycle Management Cloud Market by Country, 2017 - 2020, USD Million
TABLE 10 Europe Product Lifecycle Management Cloud Market by Country, 2021 - 2027, USD Million
TABLE 11 Europe Product Lifecycle Management On-Premise Market by Country, 2017 - 2020, USD Million
TABLE 12 Europe Product Lifecycle Management On-Premise Market by Country, 2021 - 2027, USD Million
TABLE 13 Europe Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 14 Europe Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 15 Europe Automotive & Transportation Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 16 Europe Automotive & Transportation Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 17 Europe IT & Telecom Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 18 Europe IT & Telecom Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 19 Europe Aerospace & Defense Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 20 Europe Aerospace & Defense Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 21 Europe Retail Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 22 Europe Retail Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 23 Europe Healthcare Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 24 Europe Healthcare Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 25 Europe Semiconductor & Electronics Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 26 Europe Semiconductor & Electronics Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 27 Europe Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 28 Europe Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 29 Europe Other End User Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 30 Europe Other End User Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 31 Europe Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 32 Europe Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 33 Europe Design & Engineering Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 34 Europe Design & Engineering Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 35 Europe Manufacturing Operations Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 36 Europe Manufacturing Operations Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 37 Europe Portfolio Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 38 Europe Portfolio Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 39 Europe Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 40 Europe Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 41 Europe Quality & Compliance Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 42 Europe Quality & Compliance Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 43 Europe Others Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 44 Europe Others Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 45 Europe Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 46 Europe Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 47 Germany Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 48 Germany Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 49 Germany Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 50 Germany Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 51 Germany Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 52 Germany Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 53 Germany Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 54 Germany Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 55 UK Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 56 UK Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 57 UK Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 58 UK Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 59 UK Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 60 UK Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 61 UK Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 62 UK Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 63 France Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 64 France Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 65 France Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 66 France Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 67 France Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 68 France Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 69 France Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 70 France Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 71 Russia Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 72 Russia Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 73 Russia Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 74 Russia Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 75 Russia Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 76 Russia Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 77 Russia Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 78 Russia Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 79 Spain Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 80 Spain Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 81 Spain Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 82 Spain Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 83 Spain Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 84 Spain Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 85 Spain Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 86 Spain Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 87 Italy Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 88 Italy Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 89 Italy Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 90 Italy Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 91 Italy Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 92 Italy Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 93 Italy Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 94 Italy Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 95 Rest of Europe Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 96 Rest of Europe Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 97 Rest of Europe Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 98 Rest of Europe Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 99 Rest of Europe Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 100 Rest of Europe Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 101 Rest of Europe Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 102 Rest of Europe 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.