ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET FORECAST 2020-2028
The Asia Pacific product lifecycle management (PLM) software market is predicted to register significant growth at a CAGR of 8.71% during the forecast period, 2020-2028. The market growth is augmented by the ongoing industrial and infrastructure expansion activities, particularly in India and China. The Asia Pacific product lifecycle management (PLM) software market growth is evaluated by segregating the region into India, South Korea, Japan, Thailand, Indonesia, China, Australia & New Zealand, Vietnam, and the rest of Asia Pacific.
ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET FORECAST 2020-2028
The Asia Pacific product lifecycle management (PLM) software market is predicted to register significant growth at a CAGR of 8.71% during the forecast period, 2020-2028. The market growth is augmented by the ongoing industrial and infrastructure expansion activities, particularly in India and China.
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The Asia Pacific product lifecycle management (PLM) software market growth is evaluated by segregating the region into India, South Korea, Japan, Thailand, Indonesia, China, Australia & New Zealand, Vietnam, and the rest of Asia Pacific. China’s market is experiencing a constant demand, due to the rise in the digital transformation of businesses, which is expected to be the largest contributor to the country’s GDP between 2020 and 2025. Every seller and manufacturer is required to involve the end-user in the line of production. More than 80% of China’s digital transition is centered on making the customer experience enriching. The most digitized sectors in China include finance and information and communication technology. In Japan, the market is witnessing steady growth because of developments in cloud computing technology. Japan is second to Korea in robot manufacturing, and 47% of the firms use cloud technology. Japan invests 6% of GDP in ICT equipment. The country offers solutions through the digitization of health care and geriatric care to tackle the national problems of rapidly growing aging society, and the depopulation of rural areas.
India’s market is exhibiting steady growth due to industrial expansion activities in the country. There have been undertaking of policy initiatives such as Make in India, Digital India, Skill Development, demonetization, and focus on renewable energy. South Korea is considered a leader in global information and communication technology. Also, the country’s banking industry is incorporating digitization, with 65.7% of financial institutions pursuing digitized business projects.
SAP SE is a provider of enterprise resource planning (ERP) software and related services. SAP operates across Asia Pacific, Europe, Middle East, America, and Africa. IN May 2020, the company partnered with GEA with the objective of boosting enterprise-wide digitization.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- IMPLEMENTATION OF DIGITALIZATION TO IMPROVE THE PRODUCTION
- ENABLING CLOUD TECHNOLOGY TO CONSOLIDATE THE INFORMATION
- KEY RESTRAINTS
- LACK OF INTEROPERABILITY AMONG DISSIMILAR PRODUCT VERSIONS
- KEY ANALYTICS
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY DEPLOYMENT
- ON-PREMISE
- CLOUD
- PROFESSIONAL SERVICES
- MARKET BY END-USER
- ELECTRONICS, INDUSTRIAL EQUIPMENT AND HIGH TECH
- AEROSPACE AND DEFENSE
- AUTOMOTIVE
- ARCHITECTURE, ENGINEERING & CONSTRUCTION
- OTHER END INDUSTRIES
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPANY PROFILES
- SIEMENS AG
- DASSAULT SYSTEMES DEUTSCHLAND GMBH
- AUTODESK INC
- PTC INC
- SAP SE
- ANSYS INC
- ORACLE CORPORATION
- ARAS CORPORATION
- ARENA SOLUTIONS
- INFOR INC
- ACCENTURE PLC
- ALTAIR ENGINEERING INC
- RAZORLEAF CORPORATION
TABLES LIST
TABLE 1: MARKET SNAPSHOT – PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE
TABLE 2: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 3: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY DEPLOYMENT, FORECAST YEARS, 2020-2028 (IN $ BILLION)
TABLE 4: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 5: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY END-USER, FORECAST YEARS, 2020-2028 (IN $ BILLION)
TABLE 6: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)
TABLE 7: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ BILLION)
FIGURES LIST
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2019
FIGURE 6: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY ON-PREMISE, 2020-2028 (IN $ BILLION)
FIGURE 7: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY CLOUD, 2020-2028 (IN $ BILLION)
FIGURE 8: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY PROFESSIONAL SERVICES, 2020-2028 (IN $ BILLION)
FIGURE 9: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019
FIGURE 10: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY ELECTRONICS, INDUSTRIAL EQUIPMENT AND HIGH TECH, 2020-2028 (IN $ BILLION)
FIGURE 11: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY AEROSPACE AND DEFENSE, 2020-2028 (IN $ BILLION)
FIGURE 12: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY AUTOMOTIVE, 2020-2028 (IN $ BILLION)
FIGURE 13: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY ARCHITECTURE, ENGINEERING & CONSTRUCTION, 2020-2028 (IN $ BILLION)
FIGURE 14: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, BY OTHER END INDUSTRIES, 2020-2028 (IN $ BILLION)
FIGURE 15: ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) 1SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 16: CHINA PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 17: JAPAN PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 18: INDIA PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 19: SOUTH KOREA PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 20: INDONESIA PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 21: THAILAND PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 22: VIETNAM PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 23: AUSTRALIA & NEW ZEALAND PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
FIGURE 24: REST OF ASIA PACIFIC PRODUCT LIFECYCLE MANAGEMENT (PLM) SOFTWARE MARKET, 2020-2028 (IN $ BILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY DEPLOYMENT
- ON-PREMISE
- CLOUD
- PROFESSIONAL SERVICES
- MARKET BY END-USER
- ELECTRONICS, INDUSTRIAL EQUIPMENT AND HIGH TECH
- AEROSPACE AND DEFENSE
- AUTOMOTIVE
- ARCHITECTURE, ENGINEERING & CONSTRUCTION
- OTHER END INDUSTRIES
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