Service Lifecycle Management Application Market: Global Industry Analysis and Opportunity Assessment, 2016-2026 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Service Lifecycle Management Application Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" report to their offering.

The global service lifecycle management application market is anticipated to register a CAGR of 7.8% during the forecast period. The global service lifecycle management application market is estimated to be valued at US$ 1288.9 Mn by 2016 end and is expected to reach US$ 2730.8 Mn by 2026, projecting a CAGR of 7.8% between 2016 and 2026.

The global service lifecycle management application market is showcasing a growing trend of market consolidation through mergers and acquisitions and partnerships of key software players in the market. Many product launches by software vendors have provided end-use industries with the best breed of service lifecycle management applications. Moreover, the market is witnessing a growing trend of servicing heavy equipment and large capital intensive assets used in manufacturing and high technology industries. Cloud based technologies represent the biggest disruptive trend in the overall global service lifecycle management application market.

Factors such as increasing value proposition through increasing profit margins and revenue of end users, improving customer satisfaction and relationship and saving of operational and service costs of the organisation by implementing an SLM application are expected to fuel the growth of the global service lifecycle management application market. Moreover, SLM applications provide competitive advantage over the disconnected approach of non-integrated processes and also streamline the production process through timely updates of field service information to production and design teams.

Growth of 3rd platform technologies such as cloud, mobile, social, and big data drives innovation in service management by implementing these technologies in the development of service lifecycle management applications.

PTC Inc., Tech Mahindra Limited, Wipro Limited, Siemens AG, Atos SE, Tata Consultancy Services Limited, Oracle Corporation, Astea International Inc., IBM Corporation, and Dessault Systems are some of the main players operating in the global service lifecycle management application market.

Key Topics Covered:

1. Research Methodology

2. Assumption & Acronyms Used

3. Executive Summary

4. Service Lifecycle Management Application Market Overview

5. Market Dynamics

6. Service Lifecycle Management Application Market Analysis

7. Service Lifecycle Management Application Market Analysis and Forecast, By Software Type

8. Service Life Cycle Management Application Market Analysis and Forecast, By End Use Industry

9. Service Life Cycle Management Application Market Analysis and Forecast, By Service Based Model

10. Service Life Cycle Management Application Market Analysis and Forecast, By Solutions

11. Global Service Lifecycle Management Application Market Analysis and Forecast, By Regions

For more information about this report visit http://www.researchandmarkets.com/research/5x2gkr/service_lifecycle

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716