Consumer Products and Retail Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022

Transparency Market

Research

Consumer Products and Retail Market - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2022

Published Date

2015-12-15

184 Page Report

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Press Release

PLM Market for Consumer Products and Retail End-Use Expected

to Reach US$ 6.27 Bn by 2022 Globally : Transparency Market

Research

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Consumer Products and Retail

Market

REPORT DESCRIPTION

Product lifecycle management (PLM) represents an overall vision and systematic data management related

to the product design, production, support, as well as its ultimate disposal in a product development

process in organizations. There are certain variables such as time, functions, performance, and price that

change frequently in tandem with the product lifecycle processes. Therefore, the product innovation

process should be based on changes in the aforementioned variables to meet the market demand.

Delivering the right product at the right time is the major goal of enterprises in the market. PLM provides

many benefits to organizations, such as significant reduction in time-to-market for the product, production

cost minimization, and product quality and reliability enhancement. The various challenges faced by

product development teams in enterprises include globalization, as well as growing demand for mass

customization and quick innovation. These challenges are leading to the growing need for PLM solutions,

which provide the collaborative environment and knowledge management of a product’s lifecycle process.

Browse the full Consumer Products and Retail Market report at

http://www.transparencymarketresearch.com/consumer-products-retail-market.html

This research report provides in-depth analysis of the global consumer products and retail market and

global PLM market for consumer...