The Latin America, Middle East and Africa Product Lifecycle Management Market would witness market growth of 8.8% CAGR during the forecast period (2021-2027).
By adopting IoT-compatible PLM software, companies can extract a huge amount of actionable data that can help the company to generate more insights into the product development process and detect any kind of early signs of failure of any particular component of the product. Several companies across various verticals are increasingly getting aware of the benefits of using IoT data for improving the lifecycle management of products & services and thus, they would be more inclined towards the adoption of PLM systems with advanced capabilities. Furthermore, the increasing demand for PLM solutions supporting IoT data is projected to spur the growth of the PLM market during the forecast period.
It is because companies have realized the potential of IoT in product management. The advancements in new technologies like Virtual Reality (VR) and Augmented Reality (AR), and their combination with PLM solutions are projected to boost the capabilities of PLM solutions and open new growth avenues for the PLM market over the forecast period. Numerous key market players, like PTC Inc. and Siemens, are leveraging these changing trends and more focusing on the integration of IoT with their respective PLM software.
The increasing digitalization across various nations of the region is one of the crucial factors fueling the regional product lifecycle management market. In addition, many governments of the region are taking numerous initiatives to motivate companies to invest more in their digital infrastructure and boost the economy. Additionally, the rising awareness among the companies regarding the benefits of PLM solutions is estimated to bolster the regional growth of the product lifecycle management market.
Improved productivity, a better quality of the product, less cost of production, and fewer product failures are some of the key points required for a company to sustain itself in the competitive market. All these aspects are crucial for business growth and thus, require special management. Due to this, companies are increasingly adopting PLM solutions to manage their entire product life cycle properly with more efficiency.
The Cloud market dominated the South Africa Product Lifecycle Management Market by Deployment Type 2020, thereby, achieving a market value of $316.8 million by 2027. The On-Premise market is expected to witness a CAGR of 6.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Product Lifecycle Management Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Product Lifecycle Management Market, by Software Type
1.4.2 LAMEA Product Lifecycle Management Market, by Deployment Type
1.4.3 LAMEA Product Lifecycle Management Market, by End User
1.4.4 LAMEA 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. LAMEA Product Lifecycle Management Market by Deployment Type
4.1 LAMEA Product Lifecycle Management Cloud Market by Country
4.2 LAMEA Product Lifecycle Management On-Premise Market by Country
Chapter 5. LAMEA Product Lifecycle Management Market by End User
5.1 LAMEA Automotive & Transportation Product Lifecycle Management Market by Country
5.2 LAMEA IT & Telecom Product Lifecycle Management Market by Country
5.3 LAMEA Aerospace & Defense Product Lifecycle Management Market by Country
5.4 LAMEA Retail Product Lifecycle Management Market by Country
5.5 LAMEA Healthcare Product Lifecycle Management Market by Country
5.6 LAMEA Semiconductor & Electronics Product Lifecycle Management Market by Country
5.7 LAMEA Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country
5.8 LAMEA Other End User Product Lifecycle Management Market by Country
Chapter 6. LAMEA Product Lifecycle Management Market by Software Type
6.1 LAMEA Design & Engineering Management Product Lifecycle Management Market by Country
6.2 LAMEA Manufacturing Operations Management Product Lifecycle Management Market by Country
6.3 LAMEA Portfolio Management Product Lifecycle Management Market by Country
6.4 LAMEA Simulation, Testing, & Change Management Product Lifecycle Management Market by Country
6.5 LAMEA Quality & Compliance Management Product Lifecycle Management Market by Country
6.6 LAMEA Others Product Lifecycle Management Market by Country
Chapter 7. LAMEA Product Lifecycle Management Market by Country
7.1 Brazil Product Lifecycle Management Market
7.1.1 Brazil Product Lifecycle Management Market by Deployment Type
7.1.2 Brazil Product Lifecycle Management Market by End User
7.1.3 Brazil Product Lifecycle Management Market by Software Type
7.2 Argentina Product Lifecycle Management Market
7.2.1 Argentina Product Lifecycle Management Market by Deployment Type
7.2.2 Argentina Product Lifecycle Management Market by End User
7.2.3 Argentina Product Lifecycle Management Market by Software Type
7.3 UAE Product Lifecycle Management Market
7.3.1 UAE Product Lifecycle Management Market by Deployment Type
7.3.2 UAE Product Lifecycle Management Market by End User
7.3.3 UAE Product Lifecycle Management Market by Software Type
7.4 Saudi Arabia Product Lifecycle Management Market
7.4.1 Saudi Arabia Product Lifecycle Management Market by Deployment Type
7.4.2 Saudi Arabia Product Lifecycle Management Market by End User
7.4.3 Saudi Arabia Product Lifecycle Management Market by Software Type
7.5 South Africa Product Lifecycle Management Market
7.5.1 South Africa Product Lifecycle Management Market by Deployment Type
7.5.2 South Africa Product Lifecycle Management Market by End User
7.5.3 South Africa Product Lifecycle Management Market by Software Type
7.6 Nigeria Product Lifecycle Management Market
7.6.1 Nigeria Product Lifecycle Management Market by Deployment Type
7.6.2 Nigeria Product Lifecycle Management Market by End User
7.6.3 Nigeria Product Lifecycle Management Market by Software Type
7.7 Rest of LAMEA Product Lifecycle Management Market
7.7.1 Rest of LAMEA Product Lifecycle Management Market by Deployment Type
7.7.2 Rest of LAMEA Product Lifecycle Management Market by End User
7.7.3 Rest of LAMEA 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 LAMEA Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 8 LAMEA Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 9 LAMEA Product Lifecycle Management Cloud Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Product Lifecycle Management Cloud Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Product Lifecycle Management On-Premise Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Product Lifecycle Management On-Premise Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 14 LAMEA Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 15 LAMEA Automotive & Transportation Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Automotive & Transportation Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA IT & Telecom Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA IT & Telecom Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Aerospace & Defense Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Aerospace & Defense Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Retail Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Retail Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Healthcare Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Healthcare Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Semiconductor & Electronics Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Semiconductor & Electronics Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Industrial Equipment & Heavy Machinery Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Other End User Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Other End User Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 32 LAMEA Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 33 LAMEA Design & Engineering Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Design & Engineering Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Manufacturing Operations Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Manufacturing Operations Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Portfolio Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Portfolio Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Simulation, Testing, & Change Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Quality & Compliance Management Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Quality & Compliance Management Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Others Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Others Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 45 LAMEA Product Lifecycle Management Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Product Lifecycle Management Market by Country, 2021 - 2027, USD Million
TABLE 47 Brazil Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 48 Brazil Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 49 Brazil Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 50 Brazil Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 51 Brazil Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 52 Brazil Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 53 Brazil Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 54 Brazil Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 55 Argentina Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 56 Argentina Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 57 Argentina Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 58 Argentina Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 59 Argentina Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 60 Argentina Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 61 Argentina Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 62 Argentina Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 63 UAE Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 64 UAE Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 65 UAE Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 66 UAE Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 67 UAE Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 68 UAE Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 69 UAE Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 70 UAE Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 71 Saudi Arabia Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 72 Saudi Arabia Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 73 Saudi Arabia Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 74 Saudi Arabia Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 75 Saudi Arabia Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 76 Saudi Arabia Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 77 Saudi Arabia Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 78 Saudi Arabia Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 79 South Africa Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 80 South Africa Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 81 South Africa Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 82 South Africa Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 83 South Africa Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 84 South Africa Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 85 South Africa Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 86 South Africa Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 87 Nigeria Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 88 Nigeria Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 89 Nigeria Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 90 Nigeria Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 91 Nigeria Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 92 Nigeria Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 93 Nigeria Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 94 Nigeria Product Lifecycle Management Market by Software Type, 2021 - 2027, USD Million
TABLE 95 Rest of LAMEA Product Lifecycle Management Market, 2017 - 2020, USD Million
TABLE 96 Rest of LAMEA Product Lifecycle Management Market, 2021 - 2027, USD Million
TABLE 97 Rest of LAMEA Product Lifecycle Management Market by Deployment Type, 2017 - 2020, USD Million
TABLE 98 Rest of LAMEA Product Lifecycle Management Market by Deployment Type, 2021 - 2027, USD Million
TABLE 99 Rest of LAMEA Product Lifecycle Management Market by End User, 2017 - 2020, USD Million
TABLE 100 Rest of LAMEA Product Lifecycle Management Market by End User, 2021 - 2027, USD Million
TABLE 101 Rest of LAMEA Product Lifecycle Management Market by Software Type, 2017 - 2020, USD Million
TABLE 102 Rest of LAMEA 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.