Production Information Management (PIM) Market 2018-2023 Key Country Analysis by Oracle, SAP AG, IBM, Informatica, Stibo Systems, Riversand, Pimcore

Market Highlights:

Market Research Future (MRFR) Announces the Publication of its Half-Cooked Research Report – Production Information Management Market Research Report- Forecast 2017-2023.

Product information management is a process of gathering illustrative product information and saving it into a central management system, where the product data is managed and grouped. It is estimated that PIM market in the banking, finance & insurance (BFSI) industry is expected to witness high growth during the forecast period.

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The factors such as rising need for compliance and verification, demand for operational excellence and data quality are other significant factors fuelling the adoption of product information management software.

The global production information management market is a segmented as component, deployment, organization size, and end-user. The component segment is further bifurcated into software and service. The software segment consists of single domain and multi-domain. The service segment comprises consulting & system integration, training, support and maintenance. The deployment segment is sub-segmented into cloud and on-premise. The organization size segment consists of small & medium enterprises and large enterprises. The vertical segment consists of BFSI, government, retail, healthcare, IT & telecommunications, manufacturing, energy & utilities, healthcare, transportation & logistics and others.

According to Market Research Future Analysis, the Global Production Information Management Market is estimated to generate a revenue of approximately USD 21 billion by 2023; growing at a CAGR of 25% during the forecast period 2017-2023.

Key Players:

Some of the prominent players in the global production information management market are Oracle Corporation (U.S.), SAP AG (Germany), IBM Corporation (U.S.), Informatica (U.S.), Stibo Systems (Denmark), Riversand Technologies, Inc. (U.S.), and Pimcore (Austria) among others.

Regional Analysis:

The North American region accounts for a substantial share of the global production information management market in terms of revenue, owing to the early adoption of production information management across industry verticals in the enterprises. In Asia Pacific market, enterprises in countries such as Japan, China, and India are implementing PIM solutions in the retail industry. Furthermore, this region has been extremely responsive towards adopting the latest technological advancements such as integration of big data and BI tools within product information management solutions.

Production Information Management Market Segmentation:

The global production information management market is segmented into component, deployment, organization size and end-user. The component segment is further bifurcated into software and service. The software segment consists of single domain and multi-domain. The service segment comprises consulting and system integration, training and support and maintenance. The deployment segment is sub-segmented into cloud and on-premise. The organization size segment consists of small & medium enterprises and large enterprises. The vertical segment consists of BFSI, government, retail, healthcare, IT & telecommunications, manufacturing, energy & utilities, healthcare, transportation & logistics, and others.

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Intended Audience:

• Technology Investors
• Research/Consultancy Firms
• Software Providers
• System Integrators
• Cloud-based PIM Service Providers
• SMBs and Large Enterprises
• Venture Capitalists

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This release was published on openPR.