The market is driven by factors such as the increasing demand for PDR's.
- The market is driven by factors such as the increasing demand for PDR's.
- Also, the increasing adoption of cloud-based PLM software will have a positive impact on the growth of vendors.
- On the other hand, the popularity of open-source PLM will challenge the growth of the market participants.
- Cloud Product Lifecycle Management Market -The cloud product lifecycle management market size will grow up to $ 16.65 bnat a CAGR of 15.96% during 2021-2025.