What is Product Lifecycle Management in Apparel?
Product Lifecycle Management in Apparel is basically the utilization and processing of the data related to the design, manufacturing, sales and services of the product across its lifecycle. Apparel is one of the fastest growing segment in the world trade. The PLM services offered include majorly CAD, CAM, and PDM with CAD still being one of the most popular services. Rise of modern tech such as 3d technology both on the visualisation and the manufacturing front has led to significant enhancement in the design aspect of the apparels. Geographically, Asia Pacific is expected to emerge as the biggest market of the PLM in Apparel.
The market study is broken down by Type (CAD, CAM and PDM/CPDM), by Application (Retailers, Manufacturers and Others) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dassault Systèmes (France), C-DESIGN Fashion (France), Lectra S.A. (France), Optitex (United States), Infor Inc. (United States), Xperia (United States), Simbus Technologies Pvt. Ltd. (India), PTC Inc. (United States), Computer Generated Solution (United States) and Centric Software (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are PTC Inc. (United States), AXIND Software Private Limited (India) and Bamboo Rose (United States).
AdvanceMarketAnalytics has segmented the market of Global Product Lifecycle Management in Apparel market by Type, Application and Region.
On the basis of geography, the market of Product Lifecycle Management in Apparel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organisation Size , the sub-segment i.e. Large Enterprises will boost the Product Lifecycle Management in Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Product Lifecycle Management in Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Centric Software, a United States based software developer specifically in the field of the product lifecycle management has announced launch of its Fashion Product Lifecycle Management (PLM) solutions in India owing to fast growing Indian consumer goods market.
In 2021, Lectra, a French multinational PLM company has announced acquisition of Gerber Technology, which is US based major technology innovator in fashion space. The combination of the two companies will lead to creation of major entity in the incoming industry 4.0 specifically in the fashion and apparel designing space.
- Utilization of 3D Printing and Visualisation Technology
- Growing Demand for Digital PLM Services
- Rise of Apparel Industry
- Asia Pacific Region is expected to run the Boom in the Apparel Market specifically South Asia
- High Cost of Integration of Modern Digital Technology
- Absence of Required Skilled Professionals in Developing Countries
Key Target AudienceProduct Lifecycle Management in Apparel Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Dassault Systèmes (France), C-DESIGN Fashion (France), Lectra S.A. (France), Optitex (United States), Infor Inc. (United States), Xperia (United States), Simbus Technologies Pvt. Ltd. (India), PTC Inc. (United States), Computer Generated Solution (United States) and Centric Software (United States) etc.
2. Can we have customized study for Product Lifecycle Management in Apparel Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Product Lifecycle Management in Apparel Market by 2026?
Analysts at AMA estimates Product Lifecycle Management in Apparel Market to reach USD Million by 2026.