Press release
Product Information Management Market: Market Size Projections, Growth Drivers, and Key Trends
Product Information Management Market
Global product information management (PIM) market is experiencing rapid expansion, driven by factors like regulatory compliance, e-commerce growth, increased customer demands, and integration with other business systems.
What Is The Projected Market Size Of The Global Product Information Management Market And Its Growth Rate?
• The PIM market has grown rapidly in recent years, expanding from $16.06 billion in 2024 to $18.69 billion in 2025 with a compound annual growth rate (CAGR) of 16.4%. The growth in this period can be attributed to the rising complexity of product data, regulatory compliance, e-commerce growth, demand for operational efficiency, and increasing customer expectations.
• Future predictions indicate that the product information management market size will see exponential growth, reaching $40.3 billion in 2029 at a compound annual growth rate (CAGR) of 21.2%. This growth can be attributed to globalization of markets, emphasis on data quality and governance, and integration with other business systems.
What Is Driving The Growth In The Product Information Management Market?
The thriving eCommerce industry worldwide is a significant contributor to the product information management market's growth. eCommerce enterprises are experimenting with new digital technologies, integrating them with their business processes to meet their customers' demands in pace with eCommerce development. Product information management systems enable businesses to evaluate, structure, and validate their brand and product data before sharing with supply chain partners. As a case in point, the United States Census Bureau reports a 7.5% increase in e-commerce in the second quarter of 2023 compared to the same period in 2022.
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Who Are the Key Players Driving Product Information Management Market Growth?
• International Business Machines Corporation
• SAP SE
• Informatica LLC
• Magnitude Software Inc.
• Contentserv Inc.
• Plytix Limited
• Salsify Inc.
• Riversand Technologies Inc.
• Pimcore
• Akeneo SAS
• Stibo Systems A/S
• EnterWorks Acquisition Inc.
• Agility Multichannel Limited
• Mobius Knowledge Services Inc.
• Profisee Group Inc.
• Censhare AG
• Vinculum Solutions Inc.
• TrueCommerce Inc.
• Vimedici AG
• Imagine Communications Corp.
• inRiver AB
• StoreGekko Limited
• Idiosity Inc.
• Icecat NV
• Skypim Limited
• Merchantry Global Inc.
• ADAM Software NV
• Oracle Corporation
• ASIM Products
What Are The Key Trends In The Product Information Management Market?
Major trends in the PIM market include:
• Integration of AI and machine learning
• Cloud-based PIM solutions
• Mobile PIM applications
• Personalization capabilities
• Use of blockchain for data integrity
• Cross-channel data synchronization
• Collaborative PIM
• Real-time data management
What Are The Segments Of The Global Product Information Management Market?
• By Component: Software, Services
• By Deployment Type: On-premises, Cloud
• By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
• By End User: Consumer Goods And Retail, Banking, Financial Services And Insurance (BFSI), Telecom And IT, Manufacturing, Transportation And Logistics, Media And Entertainment, Other End Users
Which Region Leads The Product Information Management Market?
North America was the largest region in the product information management market in 2024. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period.
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What Is Covered In The Product Information Management Market Global Market Report?
- Market Size Analysis: Analyze the Product Information Management Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Product Information Management Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Product Information Management Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Product Information Management Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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