ICT Industry Reports

Growing demand for creating smart factories, as well as a rising need for cloud-based product lifecycle management (PLM) solutions is expected to drive the market of the Global Product Lifecycle Management Market in the forecast period of 2024-2028. According to TechSci Research report,   Product Lifecycle Management Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F,  the Global Product Lifecycle Management Market is anticipated to register a robust growth during the forecast period, 2024-2028. The growth in the market is attributed  to the growing use of smart manufacturing, particularly by small businesses, and the growth of smart factories would provide new opportunities for market players. However, throughout the course of the projection period, growth in the market is anticipated to be constrained by worries about data security and other aspects including integration and implementation costs which drive the growth of...