SOURCE RESEARCH
Product Lifecycle Management (PLM) Software
Market Data | 4Q 2025 | MD-PLM-103
Get The ReportProduct Lifecycle Management (PLM) Market Overview
The Product Lifecycle Management (PLM) market is set for strong expansion as manufacturers deepen their digital transformation efforts. The global PLM market size will reach US$8.6 billion in 2025 and grow to US$26.7 billion by 2035. Large manufacturers will remain the biggest spenders for PLM software vendors, but SME adoption is accelerating rapidly, increasing their share of total PLM spending from 26% in 2025 to 46% by 2035.
PLM Market Key Takeaways:
PLM market growth is supported by higher license volumes, rising ARPU, and new capabilities such as immersive visualization and generative AI.
Large manufacturers will continue to drive the market through 2035 with an 8.3% CAGR, while SME spending grows faster at an 18.6% CAGR due to increasing SaaS adoption.
SaaS-based PLM deployments will represent 31% of market revenue by 2035 as scalability and reduced IT overhead improve accessibility.
Market concentration remains high, with Siemens, PTC, Dassault Systèmes, Autodesk, SAP, and Aras accounting for nearly 83% of PLM market share.
Regional PLM market spending in 2025 is led by the United States (32%), Europe (26%), and China (21%).
Get more PLM market data and analyst commentary by downloading ABI Research's Product Lifecycle Management (PLM) Market Data Overview: 4Q 2025.
