Research Report Cloud-Based PLM Market Expected Reach USD 76.65 bi

Title: Cloud-Based PLM Market Expected Reach USD 76.65 billion by 2025
The global cloud-based PLM market was valued at USD 18.80 billion in 2016 and is projected to
reach USD 76.65 billion by 2025, growing at a CAGR of 16.90% from 2017 to 2025.
Product Lifecycle Management (PLM) is a concept for seamless integration of all information
throughout the lifecycle incurred a product. Cloud-based PLM provides greater control over various
processes that are required in each part of a life cycle, and therefore transparent effort and revenue.
Cloud-based PLM is useful for cloud vendors, data quality providers, application design and
development service providers, data integration service providers, managed service providers.
Top Leading Companies are Oracle Corporation, Accenture, Aras, Arena Solutions Inc., Autodesk Inc.,
Collaborate Cloud, Dassault Systems, Gatherspace.com, Infor Inc., PTC Inc., SAP SE, Siemens AG,
Softech.
These major players have adopted various organic as well as inorganic growth strategies such as
mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships,
and others to strengthen their position in this market.
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This report provides a detailed analysis of the Cloud-Based PLM market with description of market
sizing and growth, segmentation of market by products & services and major markets, top market
players etc. The report recapitulates the factors that will be responsible for the growth in the market
in the forecasted period.