Product Information Management Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020- 2027

by Emergen Research · December 14, 2021

Product Information Management Market

The global product information management market size is expected to reach USD 24.39 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape. Increasing application of product information management systems in e-Commerce and retail sectors is boosting growth of the product information management market. Product information management in business applications help to address challenges posed by proliferation of product information, increasing buyer demand, necessity of managing inventory levels, sales orders, and customer returns. Steady market revenue growth can be attributed to rising need for providing enhanced consumer experience . The report highlights the growth opportunities and challenges that industry players might encounter in the forecast years, along with an elaborate competitive landscape and expansion strategies adopted by the companies functioning in the Product Information Management Market.

This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition. product information management Market Size – USD 9.54 Billion in 2020, Market Growth – at a CAGR of 12.5%, Market Trends – Increasing adoption of product information management solutions in retail and e-Commerce .Presence of major product information management vendors in countries in the region is expected to continue to support revenue growth of the North America product information management market during the forecast period. The report carefully investigates the present market scenario and the fundamental growth prospects. Rising need to manage increasing volumes of product data owing to steady growth in e-Commerce and retail businesses has resulted in rising adoption of product information management systems.

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Major players in the market include Oracle, SAP, IBM, Informatica, Winshuttle, Pimcore, Akeneo, Riversand Technologies, Inc., Salsify Inc., and Aprimo.

Retail segment accounted for a significantly large revenue share in the product information management market in 2020. Companies offering product information management systems are providing support, training, and maintenance services to assist in-house staff in understanding product information management systems, which is driving growth of the services segment. Rising need for providing enhanced consumer experience and managing increasing volumes of product data are some key factors driving market revenue growth. Increasing demand for a cloud-based solutions in information storage is expected to drive growth of the product information management market during the forecast period. product types, applications, geographies, and end-user industries are the key market segments that are comprised in this study. The report speculates the prospective growth of the different market segments by studying the current market standing, performance, demand, production, sales, and growth prospects existing in the market.

Emergen Research has segmented the global product information management market on the basis of offering, deployment, end-use, and region:

Offering Outlook (Revenue, USD Billion; 2018–2028)

Services

Solution

Deployment Outlook (Revenue, USD Billion; 2018–2028)

On-premise

Cloud

End-use Outlook (Revenue, USD Billion; 2018–2028)

Media & Entertainment

BFSI

Healthcare

Retail

IT and Telecommunication

Energy Utilities

Transportation and Logistics

Others

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Key questions addressed in the report:

What are the key factors driving the global Product Information Management market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Product Information Management market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Market Taxonomy:

Chapter 1: Methodology & Scope

Definition and forecast parameters
Methodology and forecast parameters
Data Sources

Chapter 2:

Executive Summary

Business trends
Regional trends
Product trends
End-use trends

Chapter 3:

Industry Insights

Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

Business Overview
Financial Data
Product Landscape
Strategic Outlook

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