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Global Catalog Management System Market to reach USD 1.52 billion by 2025,Top Key-players CA Technologies, SAP, IBM, Oracle, Vinculum, Coupa Software, SunTec, ServiceNow, Salsify, Proactis, Sigma Systems, Fujitsu, GEP, Comarch

02-08-2019 12:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Reports Inc.

Catalog Management System

Catalog Management System

Global Catalog Management System Market valued approximately USD 775 million in 2016 is forecasted to grow with a healthy growth rate of more than 7.74% over the forecast period 2018-2025. The major factors speculated to augment the markets are enhanced IT systems to meet customers’ dynamic requirements and digital transformation initiatives leading to the boom of retail & eCommerce industry vertical. Major growth is evident in the industry verticals of the market including Banking, Financial Services, and Insurance (BFSI), Retail & eCommerce, and IT & Telecom.

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Some of the leading market players include CA Technologies, SAP, IBM, Oracle, Vinculum, Coupa Software, SunTec, ServiceNow, Salsify, Proactis, Sigma Systems, Fujitsu, GEP, Comarch, Plytix, Zycus, Insite Software, Vroozi, Mirakl, Ericsson, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.

Catalog management software organizes and consolidates e-commerce product data into a single, digital point of reference (i.e. catalog) for both buyer and merchant. The software maintains and stores product information for any e-commerce business.
The Global Catalog Management System Market is divided into the segments Component, Deployment, and Vertical. The Component segment is subdivided into solutions and services, wherein the solution segment is speculated to dominate the market according to size. In other segments, the vertical segment BFSI, retail & eCommerce and IT & Telecom are adopting catalog management system at an escalating rate.

The regional analysis of Global Catalog Management System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Component:

§ Services
§ Solutions

By Deployment Type:

§ Large Enterprises
§ Small and Medium-sized Enterprises

By Vertical:

§ Banking, Financial Services, and Insurance (BFSI)
§ Telecom & IT
§ Travel and Hospitality
§ Retail and eCommerce
§ Media and entertainment
§ Others

By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Full Report Details at https://researchreportsinc.com/product/global-catalog-management-system-market-size-study-by-component-services-and-solution-by-deployment-type-large-enterprises-and-small-medium-sized-enterprises-smes-by-vertical-banking-fina/

Target Audience of the Catalog Management System Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors

Research Reports Inc. is one of the leading destinations for market research reports across all industries, companies, and technologies. Our repository features an exhaustive list of market research reports from thousands of publishers worldwide.

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