PLM Software Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Product Lifecycle Management (PLM) Software Companies and the Market is Segmented by Deployment Type (On-Premises, Cloud, and Professional Services), End-User Industry (Electronics, Industrial Equipment, High-Tech, Aerospace, and Defense, Automotive, Architecture, Engineering, and Construction [AEC]), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

PLM Software Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

PLM Software Market Size

Product Lifecycle Management (PLM) Software Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 31.12 Billion
Market Size (2030) USD 44.31 Billion
CAGR (2025 - 2030) 7.32 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

PLM Software Market Major Players

*Disclaimer: Major Players sorted in no particular order

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PLM Software Market Analysis

The PLM Software Market size is estimated at USD 31.12 billion in 2025, and is expected to reach USD 44.31 billion by 2030, at a CAGR of 7.32% during the forecast period (2025-2030).

The market is expected to grow owing to the rising demand for robust data analytics software platforms in the industry. Moreover, the increasing adoption of IoT across the manufacturing industry has augmented these trends. PTC's Windchill is an instance of the PLM software embedded with analytics for discrete manufacturers looking for IoT capabilities. This software can boost the PLM solution to sprint with flexibility.

  • Companies across industries are increasingly focused on streamlining their product development processes to improve efficiency and accelerate innovation. PLM software enables organizations to manage the entire product lifestyle, from ideation to disposal and efficiency, thereby increasing the demand in the market.
  • With businesses operating on a global scale and teams dispersed across various locations, there is a growing need for collaboration tools that facilitate communication and data sharing. PLM software provides a centralized platform for teams to collaborate seamlessly regardless of geographic location.
  • The increased adoption of Industrial IoT (IIoT) in the production process is aiding the market demand for software applications, and IIoT adoption is expected to skyrocket during the forecast period. For instance, according to GSMA Intelligence, the number of IIoT-connected objects is expected to reach 13.7 billion by 2025.
  • However, as the companies continue to provide different products and product ranges to tackle market competitiveness, it creates interoperability issues, a matter of constant optimization for the software companies. As continuous improvements continue in the software products, the software implementation in a company's existing product line-up becomes streamlined and manageable, facilitating better results.
  • Many manufacturing industries were affected by the COVID-19 pandemic, creating significant supply chain gaps and leading to delays. This forced many industries to hasten the adoption of Industry 4.0 and digital transformation initiatives, boosting the demand for PLM software to bolster the required growth rates. The increased software penetration after the pandemic has boosted market growth.

PLM Software Market Industry Overview

The product lifecycle management (PLM) software market is highly fragmented and competitive, mainly due to the presence of numerous global players. Various market players are moving in R&D with the latest software techniques, building a high level of competitiveness throughout the market. The key players include Dassault Systemes Deutschland GmbH, Siemens, Autodesk Inc., ANSYS Inc., and Infor Inc. The companies are thus maximizing their market share by forming various partnerships, investing in projects, and introducing new products in the market.

  • In February 2023, global provider of collaboration and design solutions Bricsys, part of Hexagon, declared its partnership with MechWorks, part of ITI Technegroup, a WIPRO company, to offer an integration between Siemens' Teamcenter software and BricsCAD. The solution primarily provides industry-best features to connect BricsCAD's processes faster and enable designers to focus on its product development.
  • In October 2023, PTC, a leading engineering software and PLM provider, announced its acquisition of pure-systems, a German software company that specializes in product and software variant management. The acquisition had already taken place, as indicated by the disclaimer on pure-systems’ website. The acquisition will bring pure::variants, a tool designed to help engineers and product designers manage product and software variation, to PTC’s portfolio. PTC and pure-systems had previously partnered to integrate pure::variants into PTC’s Codebeamer application lifecycle management (ALM) software.

PLM Software Market Leaders

  1. Siemens AG

  2. SAP SE

  3. Autodesk Inc.

  4. Dassault Systems Deutschland GmbH

  5. PTC Inc.

  6. *Disclaimer: Major Players sorted in no particular order
PLM Software Market Concentration
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PLM Software Market News

  • October 2023: PTC, a software provider, announced the acquisition of Pure-Systems. This acquisition boosted PTC's application lifecycle management portfolio. This was the fourth acquisition made by PTC in the last 18 months, and the company spent a total of approximately USD 1.8 billion on acquisitions. One of the significant acquisitions was the purchase of ServiceMax, which specializes in cloud-native field service management software, for a whopping USD 1.46 billion in November. In addition, PTC also purchased Intland Software, an application lifecycle management provider, for USD 280 million last year.
  • September 2023: Centric Software®, the market leader in product lifecycle management (PLM), announced that it would partner with global discount retailer ALDI SOUTH to support its digital transformation. The partnership will focus on enhancing international collaboration and enabling data-driven decision-making. Centric Software provides innovative enterprise solutions for planning, designing, developing, sourcing, pricing, and selling products to achieve strategic and operational digital transformation goals. This partnership is expected to benefit ALDI SOUTH by leveraging Centric Software's expertise and solutions to drive growth and improve operational efficiency.

PLM Software Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the Product Lifecycle Management Software Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Adoption of Digitalization to Improve Production
    • 5.1.2 Introduction of Cloud Technology to Consolidate the Information
  • 5.2 Market Restraints
    • 5.2.1 Lack of Interoperability among Dissimilar Product Versions

6. MARKET SEGMENTATION

  • 6.1 By Deployment Type
    • 6.1.1 On-premise
    • 6.1.2 Cloud
    • 6.1.3 Professional Services
  • 6.2 By End-user Industry
    • 6.2.1 Electronics, Industrial Equipment, and High-tech
    • 6.2.2 Aerospace and Defense
    • 6.2.3 Automotive
    • 6.2.4 Architecture, Engineering, and Construction (AEC)
    • 6.2.5 Other End-user Industries
  • 6.3 By Geography
    • 6.3.1 North America
    • 6.3.1.1 United States
    • 6.3.1.2 Canada
    • 6.3.2 Europe
    • 6.3.2.1 United Kingdom
    • 6.3.2.2 Germany
    • 6.3.2.3 France
    • 6.3.2.4 Rest of Europe
    • 6.3.3 Asia Pacific
    • 6.3.3.1 India
    • 6.3.3.2 China
    • 6.3.3.3 Japan
    • 6.3.3.4 Rest of Asia-Pacific
    • 6.3.4 Latin America
    • 6.3.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Siemens AG
    • 7.1.2 Dassault Systems Deutschland GmbH
    • 7.1.3 Autodesk Inc.
    • 7.1.4 PTC Inc.
    • 7.1.5 SAP SE
    • 7.1.6 ANSYS Germany GmbH
    • 7.1.7 Oracle Corporation
    • 7.1.8 Aras Corporation
    • 7.1.9 Arena Solutions
    • 7.1.10 Infor Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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PLM Software Industry Segmentation

PLM software refers to a solution that helps manage all the information and processes involved in the lifecycle of a product or service across global supply chains. This includes data related to items, parts, products, documents, requirements, engineering change orders, and quality workflows. The product lifecycle management (PLM) software market for the study defines revenues generated from adopting the different types of PLM software in various end-user industries, such as electronics, industrial equipment, automotive, aerospace, and defense. The analysis is mainly based on the market insights captured through various secondary research and the primaries. The market also covers the major factors impacting the growth of the PLM software market in terms of drivers and restraints.

The product lifecycle management (PLM) software market is segmented by deployment type (on-premise, cloud, and professional services), end-user industry (electronics, industrial equipment, high-tech, aerospace and defense, automotive, architecture, engineering, and construction [AEC]), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Deployment Type On-premise
Cloud
Professional Services
By End-user Industry Electronics, Industrial Equipment, and High-tech
Aerospace and Defense
Automotive
Architecture, Engineering, and Construction (AEC)
Other End-user Industries
By Geography North America United States
Canada
Europe United Kingdom
Germany
France
Rest of Europe
Asia Pacific India
China
Japan
Rest of Asia-Pacific
Latin America
Middle East and Africa
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PLM Software Market Research Faqs

How big is the PLM Software Market?

The PLM Software Market size is expected to reach USD 31.12 billion in 2025 and grow at a CAGR of 7.32% to reach USD 44.31 billion by 2030.

What is the current PLM Software Market size?

In 2025, the PLM Software Market size is expected to reach USD 31.12 billion.

Who are the key players in PLM Software Market?

Siemens AG, SAP SE, Autodesk Inc., Dassault Systems Deutschland GmbH and PTC Inc. are the major companies operating in the PLM Software Market.

Which is the fastest growing region in PLM Software Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in PLM Software Market?

In 2025, the North America accounts for the largest market share in PLM Software Market.

What years does this PLM Software Market cover, and what was the market size in 2024?

In 2024, the PLM Software Market size was estimated at USD 28.84 billion. The report covers the PLM Software Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the PLM Software Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

PLM Software Industry Report

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PLM Software Market Report Snapshots