PUBLISHER: TechNavio | PRODUCT CODE: 1915341
PUBLISHER: TechNavio | PRODUCT CODE: 1915341
The global plm software market in automotive sector is forecasted to grow by USD 3636.9 mn during 2024-2029, accelerating at a CAGR of 9.4% during the forecast period. The report on the global plm software market in automotive sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in IoT integration, need to reduce product development time, rise in production of automobiles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 8.9% |
| CAGR | 9.4% |
| Incremental Value | $3636.9 mn |
Technavio's global plm software market in automotive sector is segmented as below:
By Application
By Deployment
By Product
Geography
This study identifies the automatic real-time tracking of products as one of the prime reasons driving the global plm software market in automotive sector growth during the next few years. Also, rise in digital manufacturing and interlinking of plm with other feature-rich software will lead to sizable demand in the market.
The report on the global plm software market in automotive sector covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global plm software market in automotive sector vendors that include Accenture PLC, Altair Engineering Inc., ANSYS Inc., Aras Corp., Arena Solutions Inc., Autodesk Inc., AVEVA Group Plc, Bentley Systems Inc., CAD Schroer GmbH, Dassault Systemes SE, Edaforce Inc., Infor Inc., Javelin Technologies Inc, Oracle Corp., Propel Software Solutions Inc, PTC Inc., SAP SE, Siemens AG, Synopsys Inc.. Also, the global plm software market in automotive sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.