Middleton, Massachusetts, April 21, 2025 (GLOBE NEWSWIRE) — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Process Lifecycle Management (PLM) Market, signalling a strong growth phase ahead. The new reports – ‘Market Share: Process Lifecycle Management (PLM), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Process Lifecycle Management (PLM), 2025-2030, Worldwide & Regional Report’ – indicate the market is expected to grow at a compound annual growth rate of 15.72% through 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic PLM landscape and make informed decisions as the market continues to evolve.
The Next Growth Frontier in PLM Platforms
In an era where regulatory compliance, faster time-to-market, and product innovation define business success, Process Lifecycle Management (PLM) has emerged as a mission-critical system for manufacturers and process-driven organizations. From food & beverage and personal care to pharmaceuticals and chemicals, enterprises are rapidly adopting PLM platforms to streamline formulation processes, ensure traceability, manage compliance, and accelerate new product introductions.
According to Anoch Mane, Analyst at QKS Group, “Process PLM platforms have matured from basic data repositories to powerful digital enablers driving transformation across product development and manufacturing. With the integration of cloud, AI/ML, and advanced analytics, PLM vendors are shaping the future of operational agility, compliance, and innovation.”
Key Market Insights from QKS Group’s Report