Discrete manufacturing is a type of manufacturing process that creates products differentiated by individual units and assembles parts in a prescribed process to produce a distinct item such as smartphones. Product lifecycle management helps improve product quality and reliability. In addition, PLM provides accurate bill of materials (BOM) to manufactures, which helps them to detect errors at a faster speed and reduce delivery time. Furthermore, most manufacturing has a multi-step assembly process and PLM helps companies to monitor production processes and provide decision support to operators, which enhances growth of the market.
Increase in demand for discrete manufacturing and PLM software by various SMEs and rise in adoption of Industrial IoT among manufacturing industries boost growth of the global PLM in discrete manufacturing market. In addition, rise in digital transformation in various industries across different developing nations positively impacts growth of the market. However, high investments and integration costs hamper the market growth. On the contrary, surge in demand for cloud-based PLM software and emergence of smart factories and smart manufacturing across the globe is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The global PLM in discrete manufacturing market is segmented on the basis of component, deployment model, enterprise size, industry vertical, and region. By component, the market is bifurcated into software and services. By deployment mode, it is categorized on-premise and cloud. On the basis of enterprise size, it is classified into large enterprises and small & medium enterprises. Depending on industry vertical, it is fragmented into automotive & transportation, industrial machinery & heavy equipment's, high-tech & consumer electronics, aerospace & defense and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the PLM in discrete manufacturing market analysis are ANSYS, Inc., Arena Solutions, Inc., Autodesk, Inc., Dassault Systmes, Infor, Oracle Corporation, PTC Inc., SAP SE, Siemens AG, and Synopsys Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global PLM in discrete manufacturing market forecast along with the current & future trends to explain the imminent investment pockets.
- Information about key drivers, restraints, & opportunities and their impact analysis on global PLM in discrete manufacturing market trends is provided in the report.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2021 to 2028 is provided to determine the market potential.

Key Market Segments
By Component
- Software
o Mechanical Computer Aided-Design Software
o Collaborative Product Definition Management Software
o Simulation and Analysis Software
o Digital Manufacturing Software
- Services
By Deployment Model
- On-Premise
- Cloud
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises

By Industry Vertical
- Automotive & Transportation
- Industrial Machinery & Heavy Equipment's
- High-Tech & Consumer Electronics
- Aerospace & Defense
- Others
By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa


KEY MARKET PLAYERS
- ANSYS, Inc.
- Arena Solutions, Inc.
- Autodesk, Inc.
- Dassault Systmes
- Infor
- Oracle Corporation
- PTC Inc.
- SAP SE
- Siemens AG
- Synopsys Inc.