Consumer Products and Retail Market : Industry Analysis, Opportunity Assessment and Forecast upto 2025

Product lifecycle management (PLM) represents an overall vision and systematic data management related to the product design, production, support, as well as its ultimate disposal in a product development process in organizations.PLM provides many benefits to organizations, such as significant reduction in time-to-market the product, production cost minimization, and product quality and reliability enhancement. The various challenges faced by product development teams in enterprises include globalization, growing demand for mass customization, and quick innovation.

The shift from traditional end-use sectors to non-traditional end-use sectors such as retail and consumer products and packaged goods and the growth of modern grocery retail stores in emerging economies are the key factors driving the growth of PLM market for consumer products and retail end-use, globally. In addition, small and mid-sized companies are leveraging on cloud-based PLM solutions for high ROI and need for increases in productivity and product management among consumer and retail product manufacturers is further expected to drive the growth of this market over the forecast period.

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The global PLM market for consumer products and retail end-use by components category was dominated by the software segment with a market share of 46.2% in 2014. Globally, the demand for PLM software is driven by a reduction in time-to-market new products and reduction in operational cost. Rising demand for process automation, product data management, and integration with emerging tools such as analytics software would continue to fuel the growth of PLM software during the coming years.

The share of on-premise PLM software market is forecast to expand at a moderate rate during the forecast period from 2015 to 2022. The cloud-based PLM software market segment is expected to have fastest growth during the forecast period from 2015 to 2022.

This 184 page report gives readers a comprehensive overview of the Global PLM market. Browse through Table. Browse through 56 figures and 25 data tables to unlock the hidden opportunities in this market.

North America led the global overall PLM market for consumer products and retail end-use market in 2014 with the share of about 35.7% in 2014. North America is the most significant market for PLM and its growth is majorly driven by the expansion of the PLM footprint in large enterprises, increasing adoption by SMEs, and penetration of PLM in new industries, such as consumer goods, retail, and telecom. Growing demand for features such as analytics and mobility would be the key trends in the North American PLM market. On account of new opportunities, the MEA and Latin America PLM market for consumer products and retail end-use is expected to expand at a CAGR of 17.2% and 15.9%, respectively, during the forecast period from 2015 to 2022.

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The key PLM solution & service providers in the PLM market for consumer products and retail end-use are Dassault Systemes, PTC, Inc., Autodesk, Inc., SAP SE, Oracle Corporation, Gerber Scientific, Inc., Infor, Centric Software, Selerant Corporation, IBM Corporation, Accenture PLC, Atos SE, and Hewlett-Packard Company.

The Global Consumer Products and Retail Market has been segmented as follows:

Consumer Products and Retail Market, by Sector

Footwear
Apparel
Durables (Sporting Goods and Furniture)
Consumer Packaged Goods
Others (Toys, Jewelry, and Electronic Consumer Appliances)

Consumer Products and Retail Market, by Geography

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America

PLM Market for Consumer Products and Retail End-use, by Component

Software (On-Premise Software and Cloud-based Software)
Services (Consulting, Integration, Operation, & Maintenance)

PLM Market for Consumer Products and Retail End-use, by Sector

Footwear
Apparel
Durables (Sporting Goods and Furniture)
Consumer Packaged Goods

PLM Market for Consumer Products and Retail End-use, by Geography

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America

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