1. Market Research
  2. > Software Market Trends

Lifecycle Opportunities in the Global Retail PLM Market : Growing Demand from Emerging Asia-Pacific Markets is Likely to Boost Market Growth

  • February 2015
  • 63 pages
  • Frost & Sullivan
Report ID: 2679523


Table of Contents

Key Findings

•The global retail PLM market is presently at a nascent stage. It is expected to post a Compound Annual Growth Rate (CAGR) of x % between 2013 and 2018.
•The growing focus of retail companies on enhancing brand equity and improving profitability, coupled with a strong demand from the Asia-Pacific region is likely to drive the growth of the global retail PLM market.
•While tier-I retail companies have been early adopters, small and medium enterprises (SMEs) are expected to play a catalytic role in the growth of the retail PLM market.
•The high cost of installing retail PLM solutions and adoption of competitive pricing strategies by major market participants are likely to be the major hindrances that could potentially slow down the rate of retail PLM solutions.
•North America is the biggest market for retail PLM vendors; however, growth in the Asia-Pacific region, driven by strong demand from countries such as China, Korea, and Japan, is forecast to be the highest during the forecast period.
•The retail PLM market is highly fragmented; vendors who have the capability to offer solutions that can provide benefits to entities across the value chain are likely to enhance their market presence during the forecast period.

CEO’s Perspective

North America is the biggest market for retail PLM; however, Asia-Pacific is expected to offer the biggest growth opportunities during the forecast period.
China, South Korea, Japan, Brazil, and Russia are expected to become global hubs of retail PLM activity; establishment of local presence is a key requirement.
Retail PLM vendors who develop cutting-edge solutions that facilitate a greater degree of collaboration across the value chain are likely to expand their market presence.
Return on investment, frequent customer interaction, and price are the key purchase criteria for customers in the global retail PLM market.
Acquisitions and the potential entry of ERP vendors is likely to alter the competitive landscape of the global retail PLM market.

What is Product Lifecycle Management?

PLM is a comprehensive business strategy for managing the entire life cycle of a product through ideation, design, production, deployment, and disposal. It is a holistic approach that enables an enterprise to manage its products in an efficient and effective manner, by providing a platform for new product development and introduction.
PLM caters to different end-user verticals with its diverse portfolio of products, enabling enterprises to reduce manufacturing costs, improve productivity, and shorten time to market considerably.
Significant acquisitions in the PLM market in the recent past confirm PLM’s position of being a strategic necessity in manufacturing and product planning.
The scope of this research encompasses a broad set of PLM solutions, beginning with authoring and analysis tools—from computer-aided design to advanced virtualisation solutions, including digital manufacturing.

Geographic Scope:

•North America—United States, Canada, and Mexico
•Europe, Middle East, Africa (EMEA)—Countries in Western and Eastern Europe, the Middle East, and Africa
•Asia-Pacific (APAC)—Countries on the western border of the Pacific Ocean, including those on the Indo-Chinese Peninsula and the Pacific Islands, and Central Asia
•Rest of the World (RoW)—South America, Russia, and Commonwealth of Independent States (CIS) countries

Key Questions This Study Will Answer

Is the global retail PLM market growing? How long will it continue to grow, and at what rate?
What are the key factors that will drive the growth of the retail PLM market?
What are the restraints faced by market participants? What is the likely impact?
What are the major challenges faced by PLM vendors? What type of cost-benefits should their solutions offer to major retail companies?
What are the major geographical segments for retail PLM? How are they expected to grow during the forecast period?
Who are the major industry participants? What is their relative position on a global scale? What are their key characteristics and product offerings?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

3D Machine Vision Market by Offering (Hardware, and Software), Product (PC Based, and Smart Camera Based), Application, Vertical (Industrial and Non - Industrial), and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“3D machine vision market is expected to grow at a CAGR of 11.07% between 2017 and 2022” The 3D machine vision market is expected to be valued at USD 2.13 billion by 2022, growing at a CAGR of 11.07% ...

Internet of Things Operating Systems Market by Component Type, User Type, Application Area, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

The increasing traction for emergence of cloud computing, mobility technology, and growing need for data consistency in the enterprises are driving the IoT (Internet of Things) operating systems market ...

Ground Handling Software Market by Application, Software, Airport Class, Investment Type, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The increasing usage of software to manage passenger traffic is one of the key factors expected to drive the growth of the ground handling and support software market” The ground handling and support ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.