Press release
Product Information Management (PIM) Market: Size & Trends Shows a Rapid Growth by 2025
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The growing demand for better customer service delivery across the globe is a major factor that contributes to the growth of the PIM market. PIM is being adopted in a variety of verticals ranging from retail to manufacturing, energy and utilities, healthcare, IT, telecommunication, government, transportation and logistics, and more to deliver better customer experience. The cloud-based PIM is more popular among organizations that prefer the ease of deployment and collaboration, affordability, and ability to scale. The support and maintenance service offered by the PIM platform facilitates organizations to meet different business needs as per the changing market conditions to reduce system failure and costs associated with it to improve overall business efficiency.
The PIM supports omnichannel transactions which are the topmost requirements of retailers and manufacturers to remain competitive. The PIM platform integrates all the information related to the products and enables managers to constantly tweak the pricing, add new product descriptions, and to make numerous necessary updates to optimize the sales by offering better customer services. The PIM enables organizations to push content, data, product categories, product assets, and other information to the distributors and share updated product information with suppliers for better delivery of the products to the customer. PIM also enables organizations to build their brand image. PIM solutions with smart catalog features empower the organization’s brands to craft the information in a careful manner which they share with resellers and distributors, therefore, enabling organizations to correct and format the information every time.
A full Report of Product Information Management (PIM) Market is Available at: https://www.omrglobal.com/industry-reports/product-information-management-market
Current Market trends covered in the Market Report
• North America holds a significant market share.
• Product Analytics, automation, and big data are the major technological trends.
• Cloud-based PIM solutions to hold major market share.
• Security concerns and lack of skilled professionals hindering the market growth.
Product Information Management (PIM) Market Segmentation
By Deployment Model
• Cloud-Based
• On-Premises
By Vertical
• Healthcare
• Retail
• Banking, Financial Services and Insurance (BFSI)
• IT & Telecom
• Manufacturing
• Others
Product Information Management (PIM) Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Akeneo SAS
• Catsy
• IBM Corp.
• Informatica LLC
• inRiver AB
• Magnitude Software, Inc.
• Microsoft Corp.
• Oracle Corp.
• Perfion A/S
• Pimcore GmbH
• Plytix.com ApS
• PropelPLM, Inc.
• Riversand Technologies, Inc.
• Salsify, Inc.
• SAP SE
• Sepia GmbH & Co. KG
• Squadra Oss
• Stibo Systems
• Syndigo, LLC
• Unbxd, Inc.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/product-information-management-market
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services
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