Product Information Management Market Opportunities by Types, Demand, Top Manufactures and Application in Grooming Regions 2022-2027

 According to IMARC Group’s latest report, titled “Product Information Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 10.5 Billion in 2021. Product information management (PIM) represents a system, or a collection of systems utilized for managing and centralizing product information. It comprises the handling of data, content, and other materials required for the selling and marketing of products. Product information management is employed in e-commerce organizations to maintain product catalogs with consistent and accurate information. PIM can be combined with catalog management, business process management (BPM), data quality, etc., to identify and sort complex data and then forward it to the required distribution channels. As a result, PIM finds various applications across numerous industry verticals, including retail, manufacturing, healthcare, information technology (IT), telecom, etc.

Product Information Management Market

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The increasing digitalization and the growing adoption of centralized data management tools across several industries are primarily driving the global product information management market. Moreover, the rising popularity of e-commerce platforms is further propelling the market growth, since several online sales channels are utilizing PIM systems to enhance the consumer experience and provide efficient onboarding assistance to maintain high customer ratings. Besides this, the elevating requirement of PIM systems in the media and entertainment industry for publishing and managing product information is also augmenting the global market. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) with PIM systems is expected to fuel the product information management market in the coming years. Looking forward, IMARC Group expects the global product information management market to reach US$ 20.2 Billion by 2027, exhibiting a CAGR of 11.47% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • Aprimo US LLC
  • Magnitude Software, Inc.
  • International Business Machines (IBM) Corporation
  • Informatica LLC
  • inRiver Inc.
  • Oracle Corporation
  • Pimcore GmbH
  • Riversand Technologies, Inc.
  • SAP SE
  • Stibo Group.

Market Segmentation:

Breakup by Deployment Type:

  • Cloud-based
  • On-premises

Breakup by Component Type:

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

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
  • Logistics and Transportation
  • Travel and Hospitality
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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