Product Information Management Market 2020 | COVID-19 Impact Analysis, Growth, Industry Trends, Drivers, and Forecast till 2025 | IMARC Group

The global product information management market grew at a CAGR of around 18% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by IMARC Group.

The product information management (PIM) system is primarily used by e-commerce organizations for managing and centralizing product information. Furthermore, it also offers simplified business operations by maintaining product catalogs with consistent and accurate information. The PIM system can be integrated with various management tools to identify and sort complex data, thereafter, forwarding it to the required distribution channels. Furthermore, the ability to efficiently manage and coordinate product-related data has augmented the demand for the PIM system on a global level.

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Market Trends:

Rapid digitalization, coupled with the increasing adoption of centralized data management tools across industries, is currently bolstering the demand for PIM systems. Furthermore, the exponential growth in the e-commerce trade is also driving the market. Several online sales channels are utilizing PIM systems for improving consumer’s experience and offering efficient onboarding assistance to retain customer ratings. Moreover, the growing popularity of PIM systems in the media and entertainment industry for publishing and managing product information is further aggravating the market growth. Additionally, the rapid integration of artificial intelligence (AI) and machine learning (ML) with PIM systems is anticipated to stimulate the market growth.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Product Information Management System Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the key players operating in the market which include ADAM Software NV (Aprimo), Agility Multichannel Ltd. (Magnitude Software, Inc.), International Business Machines, Informatica LLC, Inriver Inc., Oracle Corporation, Pimcore GmbH, Riversand Technologies Inc., SAP SE, Stibo Systems, etc.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/product-information-management-market

The report has segmented the market on the basis of Deployment Type, Component Type, Operating System, Organization Size, Vertical, and Region.

Breakup by Deployment Type:

Cloud-based
On-premises

Breakup by Component Type:

Software
Single Domin
Multi-Domain
Services:
Training, Support and Maintenance
Consulting and System Integration

Breakup by Operating System:

iOS
Windows
Android
Others

Breakup by Organization Size:

Small and Medium Enterprises
Large Enterprises

Breakup by Vertical:

BFSI
Manufacturing
Retail
Healthcare
IT and Telecom
Transportation and Logistics
Travel and Hospitality
Others

Market Breakup by Region

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Key highlights of the report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Competitive Structure
Profiles of Key Players

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This release was published on openPR.