Research analysts forecast the global cloud-based product lifecycle management market to grow at a CAGR of 12.24% during the period 2018-2022.

Portland, OR -- (SBWire) -- 07/05/2018 --Cloud product lifecycle management is the process of managing the entire lifecycle of cloud services of a product from inspection, engineering, design, and manufacture, to service and disposal of manufactured products.

Research analysts forecast the global cloud-based product lifecycle management market to grow at a CAGR of 12.24% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the global cloud-based product lifecycle management market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Cloud-based Product Lifecycle Management Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Autodesk
Dassault Systmes
Oracle
PTC
Siemens

Market driver
Reduction in IT expenditure
For a full, detailed list, view our report

Market challenge
Threat of cybersecurity and software privacy
For a full, detailed list, view our report

Market trend
Interlinking of cloud-based product lifecycle management
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?