The integration of Internet of things (IoT) with product lifecycle management (PLM) software will drive the growth of global PLM software market during the forecast period. The data obtained from connected devices such as mobile, desktops, web and mobile apps, and electric appliances will generate valuable insights regarding

the customer's requirements, which will help the market grow. These insights will assist the manufacturers to learn about their product's performance. The monitoring

of product performance using IoT will further help the manufacturers to come up with innovative products in a cost-effective manner.he PLM market is mainly driven by factors like the increasing demand for product innovation from emerging markets, streamlining of product development process in the consumer goods industry and leveraging the advantages associated with the implementation of PLM tools. According to Technavio analysis, the demand for PLM tools such as cPDM will rise because of the increase in the amount of data collected from virtual and physical sources such as mobile devices, enterprise resource planning applications, and IoT

devices. This will encourage consumer product manufacturers to adopt cPDM, data management tools and related technologies to manage their data.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 7

Market overview 7

Vendors 8

Review period 9

Top-vendor offerings 9

PART 03: Market research methodology 11

Research methodology 11

Economic indicators 11

PART 04: Introduction 12

Key market highlights 12

PLM overview 12

Role of PLM in product development process 14

Market size and forecast 16

PART 05: Geographical segmentation 18

Overview 18

Americas 20

EMEA 23

APAC 26

PART 06: Market drivers 29

Need for faster time-to-market and product

development 29

Increased demand for customized products in apparel

industry 29

Need for effective collaboration among various business

units 30

PART 07: Impact of drivers 31

PART 08: Market challenges 32

Piracy of PLM software 32

High product and training cost of PLM software 32

Threat from open-source PLM tools vendors 33

PART 09: Impact of drivers and challenges 35

PART 10: Market trends 36

Increased use of PLM mobile applications 36

High adoption of synchronous technology 37

Use of integrated packaging in packaged consumer

goods sector 39

PART 11: Five forces model 41

PART 12: Vendor landscape 42

Competitive scenario 42

Vendor matrix 44

PART 13: Key vendor profiles 47

Aras 47

Autodesk 47

Centric Software 49

Dassault Systèmes 50

Oracle 52

PTC 53

Siemens PLM Software 54

Other prominent vendors 56

PART 14: Appendix 59

List of abbreviations 59

PART 15: Explore Technavio 60