Product Information Management Market by Software(Single Domain, Multi-Domain), Service Type (Consulting and System Integration, Training, Support and Maintenance), Deployment ,User Type, Industry, Region - Global Forecast to 2021
The indispensable requirement to have centrally managed data is the driving force of Product Information Management (PIM) market.
The market is estimated to grow from USD 5.11 billion in 2016 to USD 15.78 billion by 2021 with an estimated CAGR of 25.3%. Rising need for compliance and verification, mounting demands for operational excellence and data quality, compiled master data on real-time basis, manifestation of unified customer view and client centricity, need for centralized system for improved marketing and selling of products through distribution channels are some of the prominent factors driving the adoption of PIM software and service.
Asia-Pacific (APAC) is expected to grow at the highest CAGR for PIM software.
APAC is estimated to grow at the highest CAGR for the PIM software and service market during the forecast period due to the rising need of compliance and verification and indispensable requirement to have centrally managed data. On-premise based PIM is the largest contributor than the cloud-based PIM but the latter is expected to surpass the former due to the higher adoption rate of cloud technologies. Training, support and maintenance service in the services segment is expected to grow at the highest CAGR during the forecast period.
To determine the market size of various segments and sub-segments of the PIM market, extensive secondary research is done.
The collected data were then verified through primary interviews. Distribution of primary interviews is as follows:-
By Company Type: - Tier 1- 35%, Tier 2- 40%, and Tier 3 -25%
By Designation: - C-level -40%, Director level-30%, and others -30%
By Region: - North America- 40%, APAC -25%, Europe -20%, and Rest of World - 15%
The breakdown of profiles of primary is shown in the below figure:
Note: *Others include PIM managers, marketing managers, and product managers.
Note: Tier 1 companies have revenues more than USD 10 billion, Tier 2 companies range in between USD 1 and 10 billion or overall revenues, and Tier 3 companies range between USD 500 million and USD 1 billion of overall revenues.
Various key players in the PIM market profiled in the report are SAP AG, IBM Corporation, Oracle Corporation, Informatica, Riversand Technologies, Inc., Stibo Systems, Adam Systems, Agility Multichannel, inRiver, Inc., Pimcore.
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the PIM market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across end-users and regions.
2. The report will help stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help in understanding the competitors better and gain more insights to strengthen their position in the business. The competitive landscape section includes competitor ecosystem, mergers and acquisitions, partnerships, and new product developments.
- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Market Scope
- 1.3.1 Markets Covered
- 1.3.2 Years Considered For The Study
- 1.4 Currency
- 1.5 Limitations
- 1.6 Stakeholders
- 2 Research Methodology
- 2.1 Research Data
- 2.1.1 Secondary Data
- 2.1.1.1 Key Content From Secondary Sources
- 2.1.2 Primary Data
- 2.1.2.1 Key Content From Primary Sources
- 2.1.2.2 Key Industry Insights
- 2.1.2.3 Breakdown Of Primary Interviews
- 2.2 Market Size Estimation
- 2.2.1 Bottom-up Approach
- 2.2.2 Top-down Approach
- 2.3 Market Breakdown And Data Triangulation
- 2.4 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Attractive Market Opportunities In The Product Information Management Market
- 4.2 Product Information Management Market: Top Three Verticals And Regions
- 4.3 Global Product Information Management Market Vertical, By Region (2021)
- 4.4 Global Product Information Management Market, By Region (2016)
- 4.5 Lifecycle Analysis, By Region, 2016
- 5 Market Overview
- 5.1 Introduction
- 5.2 Market Evolution
- 5.3 Market Segmentation
- 5.3.1 By Software Type
- 5.3.2 By Deployment Type
- 5.3.3 By Vertical
- 5.3.4 By Service
- 5.3.5 By User Type
- 5.3.6 By Region
- 5.4 Market Dynamics
- 5.4.1 Drivers
- 5.4.1.1 Indispensable Requirement To Have Centrally Managed Data
- 5.4.1.2 Rising Need For Compliance And Verification
- 5.4.1.3 Mounting Demands For Operational Excellence And Data Quality
- 5.4.1.4 Creation Of New Business Avenues In Organizations
- 5.4.1.5 Manifestation Of Unified Customer View And Client Centricity
- 5.4.1.6 Need For Centralized System For Improved Marketing And Selling Of Products Through Distribution Channels
- 5.4.2 Restraints
- 5.4.2.1 Prevailing Data Security Apprehensions
- 5.4.2.2 Lack Of Awareness About The Benefits Related To Pim Software
- And Services
- 5.4.2.3 Ongoing Data Ownership Concerns
- 5.4.3 Opportunities
- 5.4.3.1 Incorporation Of Integrated Vendor Offerings
- 5.4.3.2 Bridging Of Technologies For Big Data And Bi With The Cloud
- 5.4.4 Challenges
- 5.4.4.1 Diversified Data Regulations And Legislations Present Across Different Verticals And Regions
- 5.4.4.2 Inflexibility Of Expansive Pim Solutions
- 6 Industry Trends
- 6.1 Introduction
- 6.2 Value Chain Analysis
- 6.3 Porter’s Five Forces Analysis
- 6.3.1 Threat Of New Entrants
- 6.3.2 Threat Of Substitutes
- 6.3.3 Bargaining Power Of Suppliers
- 6.3.4 Bargaining Power Of Buyers
- 6.3.5 Intensity Of Competitive Rivalry
- 6.4 Industry Standards And Regulations
- 6.4.1 Introduction
- 6.4.2 Gramm-leach-bliley Act
- 6.4.3 Health Insurance Portability And Accountability Act
- 6.4.4 Payment Card Industry Content Security Standard
- 6.5 Innovation Spotlight
- 7 Product Information Management Market Analysis, By Software Type
- 7.1 Introduction
- 7.2 Multi-domain Product Information Management
- 7.3 Single-domain Product Information Management
- 8 Product Information Management Market Analysis, By Deployment
- 8.1 Introduction
- 8.2 Cloud
- 8.3 On-premises
- 9 Product Information Management Market Analysis, By Service Type
- 9.1 Introduction
- 9.2 Consulting And System Integration
- 9.3 Training, Support, And Maintenance
- 10 Product Information Management Market Analysis, By User Type
- 10.1 Introduction
- 10.2 Small And Medium Businesses
- 10.3 Large Enterprises
- 11 Product Information Management Market Analysis, By Industry
- 11.1 Introduction
- 11.2 Banking ,Financial Services, And Insurance
- 11.3 Government
- 11.4 Retail
- 11.5 It And Telecom
- 11.6 Manufacturing
- 11.7 Energy And Utilities
- 11.8 Healthcare
- 11.9 Transportation And Logistics
- 11.10 Media And Entertainment
- 11.11 Others
- 12 Geographic Analysis
- 12.1 Introduction
- 12.2 North America
- 12.3 Europe
- 12.4 Asia-pacific
- 12.5 Middle East And Africa
- 12.6 Latin America
- 13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Situations And Trends
- 13.2.1 Agreements, Partnerships, Collaborations, And Business Expansions
- 13.2.2 Mergers And Acquisitions
- 13.2.3 New Product Launches
- 13.2.4 Venture Capital (Vc) Funding
- 14 Company Profiles
- *Details On Financials, Products & Services, Key Strategy, & Recent Developments Might Not Be Captured In Case Of Unlisted Companies.
- 14.1 Introduction
- 14.2 Sap Ag
- 14.3 Ibm Corporation
- 14.4 Oracle Corporation.
- 14.5 Informatica
- 14.6 Riversand Technologies, Inc.
- 14.7 Stibo Systems
- 14.8 Adam Software
- 14.9 Agility Multichannel
- 14.10 Inriver, Inc.
- 14.11 Pimcore
- 15 Appendix
- 15.1 Insights From Industry Experts
- 15.2 Other Developments
- 15.2.1 Agreements, Partnerships, Collaborations, Joint Ventures, And Business Expansions, 2013–2015
- 15.2.2 Mergers And Acquisitions, 2013–2014
- 15.2.3 New Product Launches, 2013–2015
- 15.3 Discussion Guide
- 15.4 Available Customizations
- 15.5 Related Reports
- List Of Tables
- Table 1 Global Product Information Management Market Size And Growth, 2014–2021 (Usd Million, Y–o-y %)
- Table 2 Global Product Information Management Market Size, By Component, 2014–2021 (Usd Million)
- Table 3 Global Product Information Management Market Size, By Software Type, 2014–2021 (Usd Million)
- Table 4 Multi-domain Software: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 5 Single-domain Software: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 6 Global Pim Software Market Size, By Deployment,
- 2014–2021 (Usd Million)
- Table 7 Cloud-based Deployment: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 8 On-premises Deployment: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 9 Global Product Information Management Market Size, By Service Type, 2014–2021 (Usd Million)
- Table 10 Consulting And System Integration Service Type: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 11 Training, Support, And Maintenance Service: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 12 Global Product Information Management Market Size, By User Type, 2014–2021 (Usd Million)
- Table 13 Small And Medium Businesses: Product Information Management Market Size, By Component, 2014–2021 (Usd Million)
- Table 14 Small And Medium Businesses: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 15 Large Enterprises: Product Information Management Market Size,
- By Component, 2014–2021 (Usd Million)
- Table 16 Large Enterprises: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 17 Global Product Information Management Market Size, By Industry, 2014–2021 (Usd Million)
- Table 18 Bfsi: Product Information Management Market Size, By Region,
- 2014–2021 (Usd Million)
- Table 19 Government: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 20 Retail: Product Information Management Market Size, By Region,
- 2014–2021 (Usd Million)
- Table 21 It And Telecom: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 22 Manufacturing: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 23 Energy And Utilities: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 24 Healthcare: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 25 Transportation And Logistics: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 26 Media And Entertainment: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 27 Others: Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 28 Global Product Information Management Market Size, By Region, 2014–2021 (Usd Million)
- Table 29 Software: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 30 Service: Product Information Management Market Size,
- By Region, 2014–2021 (Usd Million)
- Table 31 North America: Product Information Management Market Size,
- By Component, 2014–2021 (Usd Million)
- Table 32 North America: Product Information Management Market Size,
- By Software Type, 2014–2021 (Usd Million)
- Table 33 North America: Product Information Management Software Market Size, By Deployment, 2014–2021 (Usd Million)
- Table 34 North America: Product Information Management Service Market Size, By User Type, 2014–2021 (Usd Million)
- Table 35 North America: Product Information Management Service Market Size, By Service Type, 2014–2021 (Usd Million)
- Table 36 North America: Product Information Management Market Size,
- By Industry, 2014–2021 (Usd Million)
- Table 37 Europe: Product Information Management Market Size, By Component, 2014–2021 (Usd Million)
- Table 38 Europe: Product Information Management Market Size, By Software Type, 2014–2021 (Usd Million)
- Table 39 Europe: Product Information Management Software Market Size,
- By Deployment, 2014–2021 (Usd Million)
- Table 40 Europe: Product Information Management Service Market Size,
- By User Type, 2014–2021 (Usd Million)
- Table 41 Europe: Product Information Management Service Market Size,
- By Service Type, 2014–2021 (Usd Million)
- Table 42 Europe: Product Information Management Market Size, By Industry, 2014–2021 (Usd Million)
- Table 43 Asia-pacific: Product Information Management Market Size,
- By Component, 2014–2021 (Usd Million)
- Table 44 Asia-pacific: Product Information Management Market Size,
- By Software Type, 2014–2021 (Usd Million)
- Table 45 Asia-pacific: Product Information Management Software Market Size, By Deployment, 2014–2021 (Usd Million)
- Table 46 Asia-pacific: Product Information Management Service Market Size,
- By User Type, 2014–2021 (Usd Million)
- Table 47 Asia-pacific: Product Information Management Service Market Size,
- By Service Type, 2014–2021 (Usd Million)
- Table 48 Asia-pacific: Product Information Management Market Size,
- By Industry, 2014–2021 (Usd Million)
- Table 49 Middle East And Africa: Product Information Management Market Size, By Component, 2014–2021 (Usd Million)
- Table 50 Middle East And Africa: Product Information Management Market Size, By Software Type, 2014–2021 (Usd Million)
- Table 51 Middle East And Africa: Product Information Management Software Market Size, By Deployment, 2014–2021 (Usd Million)
- Table 52 Middle East And Africa: Product Information Management Service Market Size, By User Type, 2014–2021 (Usd Million)
- Table 53 Middle East And Africa: Product Information Management Service Market Size, By Service Type, 2014–2021 (Usd Million)
- Table 54 Middle East And Africa: Product Information Management Market Size, By Industry, 2014–2021 (Usd Million)
- Table 55 Latin America: Product Information Management Market Size,
- By Component, 2014–2021 (Usd Million)
- Table 56 Latin America: Product Information Management Market Size,
- By Software Type, 2014–2021 (Usd Million)
- Table 57 Latin America: Product Information Management Software Market Size, By Deployment, 2014–2021 (Usd Million)
- Table 58 Latin America: Product Information Management Service Market Size, By User Type, 2014–2021 (Usd Million)
- Table 59 Latin America: Product Information Management Market Size,
- By Service Type, 2014–2021 (Usd Million)
- Table 60 Latin America: Product Information Management Market Size,
- By Industry, 2014–2021 (Usd Million)
- Table 61 Agreements, Partnerships, Collaborations, And Business Expansions 2013–2016
- Table 62 Mergers And Acquisitions, 2013–2016
- Table 63 New Product Launches, 2013–2016
- Table 64 Vc Funding, 2012–2015
- List Of Figures
- Figure 1 Global Product Information Management Market: Research Design
- Figure 2 Market Size Estimation Methodology: Bottom-up Approach
- Figure 3 Market Size Estimation Methodology: Top-down Approach
- Figure 4 Market Breakdown And Data Triangulation
- Figure 5 Global Product Information Management Market,
- By Software Type (2016–2021)
- Figure 6 Global Product Information Management Market,
- By Service (2016–2021)
- Figure 7 Global Product Information Management Market,
- By Vertical (2016–2021)
- Figure 8 Global Product Information Management Market Share: North America Is Expected To Hold The Largest Market Share In 2016
- Figure 9 Emerging Economies Would Offer Attractive Market Opportunities In The Product Information Management Market During The Forecast Period (2016–2021)
- Figure 10 North America Holds The Largest Market Share In The Product Information Management Market In 2016
- Figure 11 North America Is Expected To Have The Largest Market Share Across Most Verticals In 2021
- Figure 12 Asia-pacific Is Expected To Grow At The Highest Cagr During The Forecast Period (2016–2021)
- Figure 13 Europe And Asia-pacific Are Expected To Show Exponential Growth During The Forecast Period (2016–2021)
- Figure 14 Evolution Of The Product Information Management Market
- Figure 15 Product Information Management Market Segmentation:
- By Software Type
- Figure 16 Product Information Management Market Segmentation: By Vertical
- Figure 17 Product Information Management Market Segmentation: By Service
- Figure 18 Product Information Management Market Segmentation: By User Type
- Figure 19 Product Information Management Market Segmentation: By Region
- Figure 20 Product Information Management Market: Drivers, Restraints, Opportunities, And Challenges
- Figure 21 Product Information Management Value Chain Analysis: Major Role Played By Product Information Management Platform Providers
- Figure 22 Porter’s Five Forces Analysis: Diverse Set Of Established Players Is Increasing The Competition In The Industry
- Figure 23 Multi-domain Pim Software Is Expected To Hold The Largest Market Share During The Forecast Period (2016–2021)
- Figure 24 North America Is Expected To Dominate The Software Segment During The Forecast Period (2016–2021)
- Figure 25 Asia-pacific Is Expected To Grow At The Highest Cagr For Multi-domain Software During The Forecast Period (2016–2021)
- Figure 26 Asia-pacific Is Expected To Be The Fastest-growing Region For Single-domain Software During The Forecast Period (2016–2021)
- Figure 27 Cloud Deployment Is Expected To Have The Highest Cagr During The Forecast Period
- Figure 28 Asia-pacific Is The Fastest Growing Region For Cloud Deployments In The Product Information Management Market
- Figure 29 Training, Support, And Maintenance Service Will Have The Highest Cagr During The Forecast Period (2016–2021)
- Figure 30 Asia-pacific Is The Fastest Growing Region For Training, Support, And Maintenance Service In The Product Information Management Market During The Forecast Period
- Figure 31 Smb Segment Is The Fastest Growing User Type Segment In The Master Data Management Market During The Forecast Period
- Figure 32 Large Enterprises Are Expected To Dominate The Product Information Management Market During The Forecast Period
- Figure 33 Bfsi, Manufacturing, And Retail Will Continue To Dominate The Product Information Management Market During The Forecast Period
- Figure 34 Asia-pacific Is The Fastest Growing Region For Bfsi Vertical In The Product Information Management Market During The Forecast Period
- Figure 35 North America Region Is Expected To Dominate The Product Information Management Market During The Forecast Period
- (2016–2021)
- Figure 36 Geographic Snapshot – Asia-pacific Is Emerging As A New Hotspot
- Figure 37 Asia-pacific: An Attractive Destination For Product Information Management Market
- Figure 38 North America Market Snapshot: Investment In Cloud-based Product Information Management Will Drive The Market
- Figure 39 Asia-pacific Market Snapshot: Increased Demand From The Pim Users From The Developing Economies Will Drive The Market
- Figure 40 Asia-pacific Is The Fastest Growing Region In The Product Information Management Market During The Forecast Period
- Figure 41 Companies Adopted Mergers And Acquisitions As The Key Growth Strategy During 2012–2015
- Figure 42 Product Mix Of Top Five Companies From 2012 To 2015
- Figure 43 Market Evaluation Framework: Significant Number Of Mergers And Acquisitions Have Fueled The Growth From 2013 To 2016
- Figure 44 Battle For Market Share: Mergers And Acquisitions Was The Key Strategy During The Forecast Period
- Figure 45 Geographic Revenue Mix Of Top Market Players In 2016
- Figure 46 Sap Ag: Company Snapshot
- Figure 47 Sap Ag: Swot Analysis
- Figure 48 Ibm Corporation: Company Snapshot
- Figure 49 Ibm Corporation: Swot Analysis
- Figure 50 Oracle Corporation: Company Snapshot
- Figure 51 Oracle Corporation: Swot Analysis
- Figure 52 Informatica: Swot Analysis
- Figure 53 Riversand Technologies: Swot Analysis