Latin America Product Life Cycle Management (PLM) Market To Bolster Significantly During 2023-2028, Driven By High Use Of Cloud-Based Services And Remote Work

El nuevo estudio de Informes de Expertos titulado ‘Mercado de Gestión del Ciclo de Vida del Producto (PLM) en América Latina, Informe y Pronóstico 2023-2028′, ofrece un análisis profundo del mercado, evaluándolo por componente, despliegue, tamaño de la organización, uso final y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Product Life Cycle Management (PLM) Market 2023-2028’, gives an in-depth analysis of the market, assessing it based on component, deployment, size of organisation, end use, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 5,70%

La investigación por IDE indica que, en 2022, el mercado latinoamericano de gestión del ciclo de vida del producto tendría un valor de 2,91 mil millones de dólares. En adición, la reducción de daños en los productos, los pedidos a tiempo, una mejor alineación con las expectativas de los clientes, la mejora de la productividad y el cumplimiento total de las normativas son todas ventajas del uso de PLM. Se prevé que estos factores animen a los operadores tradicionales de los sectores de la automoción y el transporte a adoptar la gestión del ciclo de vida de los productos.

Durante el periodo de pronóstico, se prevé una expansión significativa del sector aeroespacial y de defensa. Los recortes presupuestarios, el aumento de la competencia internacional y el creciente retraso en la fabricación y entrega de aviones comerciales han generado la necesidad de sistemas de gestión del ciclo de vida de los productos en las industrias aeroespacial y de defensa.

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Industry Definition and Major Segments

Product Lifecycle Management (PLM) is a data system that connects people and business systems to the data of an extended organisation and allows a corporation to handle information effectively. International organisations can work together as a single team to develop, maintain, produce, and retire products thanks to PLM software, which consists of procedures for a business plan and an information strategy.

By components, the market is divided into:

• Software
• Services

According to the deployment, the sector is divided into:

• On-Premises
• Cloud

Based on the size of the organization, the market is fragmented into:

• Small and Medium Businesses
• Big Enterprises

Some of the main industry end uses are:

• Aerospace and Defense
• Automotive and Transportation
• Health
• IT and Telecoms
• Industrial Equipment and Heavy Machinery
• Retailers
• Semiconductors and Electronics
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The following main trends influencing the Latin American product lifecycle management (PLM) market are Cloud-based services are widely used, and remote work is very common. Even, innovations and technology advancements will support future growth. The growth of smart factories and products, together with a rising need for cloud-based goods and solutions, are driving the Latin American product lifecycle management (PLM) market. Product lifecycle management is in demand as a result of the rise in remote work and the migration of all workplace databases to cloud computing platforms since the COVID outbreak.

Additionally, businesses have adopted cloud-based solutions and chosen remote work, particularly for crucial product management tasks and data storage. Therefore, the product lifecycle management (PLM) market share is expected to be dominated by the automotive and transportation segment due to the increasing use of digital manufacturing. The other reason is the increasing incorporation of IoT in the creation of smart cars and electric vehicles.

Key Market Players

The major players in the market are:

• Odoo
• Oracle Corporation
• SAP SE
• Infor
• Autodesk Inc
• PTC
• Others

The insights in the market research report provide growth possibilities, socio-political environmental factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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