NORTH AMERICA PLM SOFTWARE MARKET 2019-2028

ICT | Media Software & Services

NORTH AMERICA PLM SOFTWARE MARKET 2019-2028

Market by Enterprise, Deployment, Component, Software, End-user, and Country | Forecast 2019-2028

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Triton's report has determined the North America PLM software market will experience a growth in the years 2019-2028 at 5.04% of CAGR.


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The countries examined in this market are:

•        United States

•        Canada

Over the forecast period, North America is evaluated to continue its hold with a major share over the market due to prominent PLM software traders in the region. Companies such as PTC Inc and Oracle Corporation are leading the innovation in the United States. Further, as North America has a powerful financial position, it supports numerous investments in advanced solutions and technology to boost market competition. Also, several companies are forming partnerships and linking their solutions to increase their market presence, thus contributing to the regional market’s progression.

In the United States, the growing rate of investments towards digitization in several industries is creating opportunities for market growth. Moreover, SMEs are becoming flexible in their operations to integrate new technologies in their existing systems, and large-scale enterprises have a higher budget for digitization processes. Many regional companies are forming strategic partnerships to promote the deployment of digital engineering practices. These partnerships are expected to fuel the PLM market growth during the forecast period.

In Canada, the government has taken into consideration many initiatives, including reducing taxes for new investments, additional trade agreements with foreign countries, and investment in new technologies. This, in turn, has led to the growth of the manufacturing sector in the country. The country also launched a supercluster initiative, which is likely to assist in evolving next-generation manufacturing capabilities in Canada. This is expected to accelerate Canada's digital industrialization and its position in the global PLM software market.

PTC Inc is an enterprise involved in offering software and services that helps companies design, operate, manufacture, and service their products. It further provides technology platforms and solutions for smart systems. PTC offers Windchill, which is a highly-configurable PLM software that facilitates easy integration with other systems. It further offers a flexible and active open solution that adjusts to customer processes, resulting in providing higher quality software at a lower cost. The company has operations in different regions, and has its headquarters in the United States.

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Table of Content

1. NORTH AMERICA PLM SOFTWARE MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   RISE IN NEED FOR SAFETY FEATURES IN AUTOMOBILES

2.2.2.   INCREASE IN DEMAND FOR MAINSTREAM PLM FOR EFFECTIVE COLLABORATION AMONG BUs

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. IMPACT OF COVID-19 ON PLM SOFTWARE MARKET

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. MARKET DRIVERS

2.7.1.   EMPLOYMENT OF DIGITALIZATION TO ADVANCE PRODUCTION

2.7.2.   INCREASE IN DEMAND FOR CUSTOMIZED PRODUCTS IN APPAREL INDUSTRY

2.8. MARKET RESTRAINTS

2.8.1.   DEARTH OF INTEROPERABILITY AMID DIFFERENT PRODUCT VERSIONS

2.9. MARKET OPPORTUNITIES

2.9.1.   EMPOWERING CLOUD TECHNOLOGY TO CONSOLIDATE INFORMATION

2.10. MARKET CHALLENGES

2.10.1.  PIRACY OF PLM SOFTWARE

3. NORTH AMERICA PLM SOFTWARE MARKET OUTLOOK - BY ENTERPRISE

3.1. LARGE ENTERPRISE

3.2. SMALL AND MEDIUM ENTERPRISE

4. NORTH AMERICA PLM SOFTWARE MARKET OUTLOOK - BY DEPLOYMENT

4.1. ON-PREMISE

4.2. CLOUD

4.3. PROFESSIONAL SERVICES

5. NORTH AMERICA PLM SOFTWARE MARKET OUTLOOK - BY COMPONENT

5.1. COLLABORATIVE PRODUCT DEFINITION MANAGEMENT (cPDM) SOFTWARE

5.2. MECHANICAL COMPUTER AIDED DESIGN SOFTWARE (MCAD)

5.3. SIMULATION AND ANALYSIS (S&A) SOFTWARE

5.4. DIGITAL MANUFACTURING (DM) SOFTWARE

6. NORTH AMERICA PLM SOFTWARE MARKET OUTLOOK - BY SOFTWARE

6.1. PORTFOLIO MANAGEMENT

6.2. DESIGN AND ENGINEERING MANAGEMENT

6.3. QUALITY AND COMPLIANCE MANAGEMENT

6.4. SIMULATION TESTING AND CHANGE MANAGEMENT

6.5. MANUFACTURING OPERATIONS MANAGEMENT

6.6. OTHERS

7. NORTH AMERICA PLM SOFTWARE MARKET OUTLOOK - BY END-USER

7.1. ELECTRONICS, INDUSTRIAL EQUIPMENT, AND HIGH-TECH SOLUTIONS

7.2. AEROSPACE AND DEFENSE

7.3. AUTOMOTIVE

7.4. ARCHITECTURE, ENGINEERING, AND CONSTRUCTION

7.5. OTHERS

8. NORTH AMERICA PLM SOFTWARE MARKET - REGIONAL OUTLOOK

8.1. NORTH AMERICA

8.1.1.   UNITED STATES

8.1.2.   CANADA

9. COMPETITIVE LANDSCAPE

9.1. SIEMENS AG

9.2. DASSAULT SYSTEMES DEUTSCHLAND GMBH

9.3. AUTODESK INC

9.4. PTC INC

9.5. SAP SE

9.6. ANSYS INC

9.7. ORACLE CORPORATION

9.8. ARAS CORPORATION

9.9. ARENA SOLUTIONS

9.10. INFOR

9.11. ACCENTURE PLC

9.12. ALTAIR ENGINEERING INC

9.13. RAZORLEAF CORPORATION

10. METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.2. SOURCES OF DATA

     10.3.  METHODOLOGY

List of Tables

TABLE 1: NORTH AMERICA PLM SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ BILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: NORTH AMERICA PLM SOFTWARE MARKET, BY COUNTRY, 2019-2028 (IN $ BILLION)

TABLE 5: NORTH AMERICA PLM SOFTWARE MARKET, BY ENTERPRISE, 2019-2028 (IN $ BILLION)

TABLE 6: NORTH AMERICA PLM SOFTWARE MARKET, BY DEPLOYMENT, 2019-2028 (IN $ BILLION)

TABLE 7: NORTH AMERICA PLM SOFTWARE MARKET, BY COMPONENT, 2019-2028 (IN $ BILLION)

TABLE 8: NORTH AMERICA PLM SOFTWARE MARKET, BY SOFTWARE, 2019-2028 (IN $ BILLION)

TABLE 9: NORTH AMERICA PLM SOFTWARE MARKET, BY END-USER, 2019-2028 (IN $ BILLION)

List of Figures

FIGURE 1: NORTH AMERICA PLM SOFTWARE MARKET, BY LARGE ENTERPRISE, 2019-2028 (IN $ BILLION)

FIGURE 2: NORTH AMERICA PLM SOFTWARE MARKET, BY SMALL AND MEDIUM ENTERPRISE, 2019-2028 (IN $ BILLION)

FIGURE 3: NORTH AMERICA PLM SOFTWARE MARKET, BY ON-PREMISE, 2019-2028 (IN $ BILLION)

FIGURE 4: NORTH AMERICA PLM SOFTWARE MARKET, BY CLOUD, 2019-2028 (IN $ BILLION)

FIGURE 5: NORTH AMERICA PLM SOFTWARE MARKET, BY PROFESSIONAL SERVICES, 2019-2028 (IN $ BILLION)

FIGURE 6: NORTH AMERICA PLM SOFTWARE MARKET, BY COLLABORATIVE PRODUCT DEFINITION MANAGEMENT (cPDM) SOFTWARE, 2019-2028 (IN $ BILLION)

FIGURE 7: NORTH AMERICA PLM SOFTWARE MARKET, BY MECHANICAL COMPUTER AIDED DESIGN SOFTWARE (MCAD), 2019-2028 (IN $ BILLION)

FIGURE 8: NORTH AMERICA PLM SOFTWARE MARKET, BY SIMULATION AND ANALYSIS (S&A) SOFTWARE, 2019-2028 (IN $ BILLION)

FIGURE 9: NORTH AMERICA PLM SOFTWARE MARKET, BY DIGITAL MANUFACTURING (DM) SOFTWARE, 2019-2028 (IN $ BILLION)

FIGURE 10: NORTH AMERICA PLM SOFTWARE MARKET, BY PORTFOLIO MANAGEMENT, 2019-2028 (IN $ BILLION)

FIGURE 11: NORTH AMERICA PLM SOFTWARE MARKET, BY DESIGN AND ENGINEERING MANAGEMENT, 2019-2028 (IN $ BILLION)

FIGURE 12: NORTH AMERICA PLM SOFTWARE MARKET, BY QUALITY AND COMPLIANCE MANAGEMENT, 2019-2028 (IN $ BILLION)

FIGURE 13: NORTH AMERICA PLM SOFTWARE MARKET, BY SIMULATION TESTING AND CHANGE MANAGEMENT, 2019-2028 (IN $ BILLION)

FIGURE 14: NORTH AMERICA PLM SOFTWARE MARKET, BY MANUFACTURING OPERATIONS MANAGEMENT, 2019-2028 (IN $ BILLION)

FIGURE 15: NORTH AMERICA PLM SOFTWARE MARKET, BY OTHERS, 2019-2028 (IN $ BILLION)

FIGURE 16: NORTH AMERICA PLM SOFTWARE MARKET, BY ELECTRONICS, INDUSTRIAL EQUIPMENT, AND HIGH-TECH SOLUTIONS, 2019-2028 (IN $ BILLION)

FIGURE 17: NORTH AMERICA PLM SOFTWARE MARKET, BY AEROSPACE AND DEFENSE, 2019-2028 (IN $ BILLION)

FIGURE 18: NORTH AMERICA PLM SOFTWARE MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ BILLION)

FIGURE 19: NORTH AMERICA PLM SOFTWARE MARKET, BY ARCHITECTURE, ENGINEERING, AND CONSTRUCTION, 2019-2028 (IN $ BILLION)

FIGURE 20: NORTH AMERICA PLM SOFTWARE MARKET, BY OTHER END-USERS, 2019-2028 (IN $ BILLION)

FIGURE 21: NORTH AMERICA PLM SOFTWARE MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)

FIGURE 22: UNITED STATES PLM SOFTWARE MARKET 2019-2028 (IN $ BILLION)

FIGURE 23: CANADA PLM SOFTWARE MARKET 2019-2028 (IN $ BILLION)

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