Report cover image

Global Product Information Management Market Size, Trends & Growth Opportunity, By Component (Solution and Services), By Vertical (Consumer Goods and Retail, IT& Telecom, BFSI, Healthcare & Life Sciences, and Others), By Region and Forecast till 2027

Publisher QualiKet Research
Published Dec 01, 2022
Length 188 Pages
SKU # QUA17704173

Description

Global Product Information Management Market Size, Trends & Growth Opportunity, By Component (Solution and Services), By Vertical (Consumer Goods and Retail, IT& Telecom, BFSI, Healthcare & Life Sciences, and Others), By Region and Forecast till 2027>

Product Information Management

The global Product Information Management market was valued at USD 7,003.98 million in 2021 and is expected to reach USD 14,809.81 million by 2027, growing at a CAGR of 6.89% from 2022 to 2027.

The process of handling all the data that is required to market and sell the products is referred to as product information management, also known as PIM. The motto of implementing PIM, within organizations, is to create quality data both for internal use and distribution channels. The application of PIM also encourages the count of sales channels, offers a wide array of products with an accurate description, and determines numerous requirements. The elevating demand for centralized data management tools is expected to offer a steady growth to the market

Market Drivers

Major driving factors for the product information management Market are the adoption of product information management (PIM) in the retail and e-commerce industry due to the growing focus on enhancing customer experience and the adoption of artificial intelligence and retail analytics tools in the retail and e-commerce sector.

Also, due to digitization, customers have the power to access product information through numerous sources.

Challenges

The increase in number of cyber-attacks is consequential in growing concerns regarding data security. Cyber-attacks are among the top 5 risks to global stability according to the World Economic Forum, as of 2019.

Furthermore, the growing data breaches is another factor predicted to hamper market growth.

Market Segmentation

Product Information Management market is segmented into component such as Solution and Services. Further, market is segmented into vertical such as Consumer Goods and Retail, IT& Telecom, BFSI, Healthcare & Life Sciences, and Others.Also, Product Information Management Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Regional Analysis

North America is anticipated to dominate the market because of the rising adoption of advanced technologies to decrease manual tasks and streamline workflows among the region's enterprises. The development in e-commerce also contributes to the market's growth.

Asia-Pacific region likely to register substantial growth in product information management market due to the increasing need for data storage and security. Also, the massive market potential in Asia-Pacific is expected to entice several foreign companies to grow there.

Market Key Players

Various key players are discussed in this report such as SAP, IBM, Informatica, Oracle, Akeneo, Pimcore, Salsify, inRiver, Stibo Systems, and Contentserv

Industry development

May 2021 - Amazon, the largest online retailer, opened its groundbreaking Amazon Go concept store to the public in Seattle in the United States. The increase in these types of innovation would directly grow the demand for the product information management market.

June 2021 - Walmart Inc. announced plans to expand its online grocery delivery option to more than 40% of the United States households by the year's end. These trends are expected to be instrumental in driving the PIM market in the retail sector.

Market Tacxonomy

By Component
  • Solution
  • Services
By Vertical
  • Consumer Goods and Retail
  • IT& Telecom
  • BFSI
  • Healthcare & Life Sciences
  • Others
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Product Information Management Market?
  • What will be the growth rate from 2022 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Table of Contents

188 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Product Information Management Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Product Information Management Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Product Information Management Market Share Analysis, By Component
5.3 Global Product Information Management Market Size and Forecast, By Component
5.3.1 Services
5.3.2 Solution
6 lobal Product Information Management Market, By Vertical
6.1.Y-o-Y Growth Comparison, By Vertical
6.2 Global Product Information Management Market Share Analysis, By Vertical
6.3 Global Product Information Management Market Size and Forecast, By Vertical
6.3.1 Consumer Goods & Retail
6.3.2 IT & Telecom
6.3.3 BFSI
6.3.4 Healthcare & Life Sciences
6.3.5Others
7 Global Product Information Management Market, By Region
7.1 Global Product Information Management Market Share Analysis, By Region
7.2 Global Product Information Management Market Share Analysis, By Region
7.3 Global Product Information Management Market Size and Forecast, By Region
8North America Product Information Management Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Product Information Management Market Share Analysis, By Component
8.3 North America Product Information Management Market Size and Forecast, By Vertical
8.4 North America Product Information Management Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Product Information Management Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Product Information Management Market Share Analysis, By Component
9.3 Europe Product Information Management Market Size and Forecast, By Vertical
9.4 Europe Product Information Management Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Product Information Management Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Product Information Management Market Share Analysis, By Component
10.3 Asia Pacific Product Information Management Market Size and Forecast, By Vertical
10.4 Asia Pacific Product Information Management Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Product Information Management Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Product Information Management Market Share Analysis, By Component
11.3 Latin America Product Information Management Market Size and Forecast, By Vertical
11.4 Latin America Product Information Management Market Size and Forecast, By Country
11.5.1 Brazil
11.5.2 Rest of Latin America
12Middle East Product Information Management Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Product Information Management Market Share Analysis, By Component
12.3 Middle East Product Information Management Market Size and Forecast, By Vertical
12.4 Middle East Product Information Management Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
12.5.4. Kuwait
12.5.5. South Africa
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 SAP
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 IBM
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Informatica
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Oracle
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Akeneo
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Pimcore
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Salsify
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 inRiver
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Stibo Systems
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Contentserv
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us