Product Information Management Market

Product Information Management Market by Component (Solutions and Services), Deployment Type, Organization Size, Industry Vertical (Consumer Goods and Retail, Manufacturing, and Transportation and Logistics), and Region - Global Forecast to 2024

Report Code: TC 4280 Feb, 2020, by marketsandmarkets.com
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MarketsandMarkets expects the global Product Information Management (PIM) market size to grow from USD 7.0 billion in 2019 to USD 11.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. Factors expected to drive the growth of the product information management market are the growing need to gain real-time visibility into data to reduce Time to Market (TTM) and increasing need for eliminating data inconsistencies across multiple data silos.

Product Information Management Market

Solutions segment to hold a larger market size during the forecast period

The product information management market by component covers solutions and services. The solutions segment is expected to hold a larger market size during the forecast period. This is because PIM solutions collect and combine product information, such as product attributes, specifications, and taxonomies, from multiple sources, enabling companies to optimize product data synchronization and publishing, ensure faster TTM, increase brand awareness, drive online traffic and sales, and enhance customer experience and satisfaction.

On-premises segment to hold a larger market size during the forecast period in the PIM market

The adoption of on-premises PIM solutions is high as many companies across industry verticals, such as Banking, Financial Services, and Insurance (BFSI), and healthcare and life sciences, still use on-premises solutions to maintain complete control over their data and IT infrastructure, and customize solutions according to their requirements. Furthermore, diverse data and design requirements, and sufficient resources among large enterprises are other factors adding to the adoption of on-premises PIM solutions.

Large enterprises to hold a majority of the market share during the forecast period

The adoption of PIM solutions among large enterprises is high, due to their distributed systems, extensive product portfolio, and economies of scale. Data inconsistencies and poor data syndication may lead to the loss of customers. These factors are responsible for the high adoption of PIM solutions among large enterprises.

Product Information Management Market

North America to account for the largest market size during the forecast period

The global product information management market by region covers five  major geographic regions: North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is expected to account for the largest market size during the forecast period due to the growing presence of a large number of PIM vendors and increasing adoption of advanced technologies to reduce manual tasks and streamline workflows among North American enterprises.

Key Market Players

The major players in the product information management market are IBM (US), SAP (Germany), Oracle (US), Informatica (US), Stibo Systems (Denmark), EnterWorks (US), Akeneo (France), Riversand (US), Contentserv (Switzerland), inRiver (Sweden), Magnitude Software (US), Salsify (US), Plytix (Denmark), Pimcore (Austria), Mobius (India), Catsy (US), Perfion (Denmark), Profisee (US), censhare (Germany), and Vinculum (India).

The study includes an in-depth competitive analysis of key players in the PIM market, along with their company profiles, recent developments, and key market strategies.

Scope of the report

Report Metrics

Details

Market size available for years

2017–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Million (USD)

Segments covered

Components, Deployment Types, Organization Size, Industry Verticals, and Regions

Geographies covered

North America, APAC, Europe, MEA, and Latin America

Companies covered

IBM (US); SAP (Germany); Oracle (US); Informatica (US); Stibo Systems (Denmark); EnterWorks (US); Akeneo (France); Riversand (US); Contentserv (Switzerland); inRiver (Sweden); Magnitude Software (US); Salsify (US); Plytix (Denmark); Pimcore (Austria); Mobius (India); Catsy (US); Perfion (Denmark); Profisee (US); censhare (Germany); and Vinculum (India)

This research report categorizes the PIM market based on components, deployment types, organization size, industry verticals, and regions.

Based on Components:

  • Solutions
    • Multi-domain
    • Single-domain
  • Services
    • Consulting and Implementation
    • Training, Support, and Maintenance

Based on Deployment Types:

  • On-premises
  • Cloud

Based on Organization Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Based on Industry Verticals:

  • Banking, Financial Services, and Insurance (BFSI)
  • Consumer Goods and Retail
  • Manufacturing
  • Information Technology (IT) and telecom
  • Media and Entertainment
  • Healthcare and Life Sciences
  • Transportation and Logistics
  • Travel and Hospitality
  • Others (education, and travel and hospitality)

Based on Regions:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • APAC
    • Australia and New Zealand (ANZ)
    • China
    • Rest of APAC
  • MEA
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Recent Developments

  • In December 2019, Informatica enhanced its Intelligent Data platform with new updates that include five AI-powered advances: improved data cataloging, improved data governance and privacy capabilities, such as automation and data categorization, expanded integration and data management with advanced functionalities and data quality support, spark data processing, and data ingestion, advanced analytics, and improved Customer Data Platform (CDP).
  • In November 2019, Contentserv launched a cloud edition of its Product Experience Management (PXM) platform to enable organizations to accelerate their PIM processes with enhanced scalability, 24x7 monitoring and support, and automatic updates. The new Contentserv Cloud Edition is available in two deployment options: SaaS, focused on businesses requiring less customization, and PaaS, for businesses requiring complete control.
  • In July 2019, Salsify launched a new data pool in its PXM platform for GS1’s GSDN to allow users to manage and share product data with retailers and distributors across GSDN.

Key questions addressed by the report:

  • Where would all these developments take the industry in the mid to long term?
  • What are the upcoming industry solutions for the product information management market?
  • Which are the major factors expected to drive the PIM market?
  • Which industry vertical would gain the highest market share in the PIM market?
  • Which region would offer high growth for vendors in the PIM market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Inclusions and Exclusions
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primary Profiles
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Top-Down Approach
           2.3.2 Bottom-Up Approach
    2.4 Market Forecast
    2.5 Assumptions for the Study
    2.6 Limitations of the Study

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Product Information Management Market
    4.2 North American Market, By Industry Vertical and Country
    4.3 Product Information Management Market: Major Countries

5 Market Overview and Industry Trends (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Need to Gain Real-Time Visibility Into Data to Reduce Ttm
                    5.2.1.2 Indispensable Requirement of a Data Hub for Better Data Syndication
                    5.2.1.3 Compelling Need for Eliminating Data Inconsistencies Across Multiple Data Silos
           5.2.2 Restraints
                    5.2.2.1 Misapprehensions About Data Security and Privacy Risks
           5.2.3 Opportunities
                    5.2.3.1 Incorporation of Ai and Ml Capabilities to Improve Information Management and Customer Experience
                    5.2.3.2 Rising Investments in Automation to Enable Quicker Decisions
           5.2.4 Challenges
                    5.2.4.1 Varied Data and Government Regulations Across Industries and Regions
                    5.2.4.2 Complex Data Governance and System Integration
    5.3 Industry Trends
           5.3.1 Case 1: Optimized Products and Improved Revenue Through Effective Data Consolidation and Optimization Recommendations
           5.3.2 Case 2: Eliminating Manual Data Updating Tasks and Data Inaccuracies to Enhance Sales Productivity and Accelerate Revenue
           5.3.3 Case 3: Meeting Industry and Geographic Regulatory Standards to Create Personalized Product Experiences

6 Product Information Management Market, By Component (Page No. - 42)
    6.1 Introduction
    6.2 Solutions
           6.2.1 Multi-Domain Solution
                    6.2.1.1 Growing Need to Achieve Unified Governance and Avoid Redundant Costs to Drive the Growth of Multi-Domain Product Information Management Solution
           6.2.2 Single-Domain Solution
                    6.2.2.1 Unique Business Logic Among Different Business Domains and Growing Demand to Meet Industry-Specific Compliance Standards to Drive the Growth of Single-Domain Product Information Management Solution
    6.3 Services
           6.3.1 Consulting and Implementation
                    6.3.1.1 Organizations’ Need to Identify the Right Set of Solutions and Achieve Hassle-Free Deployment and Integration of Software to Drive the Growth of Consulting and Implementation Services
           6.3.2 Training, Support, and Maintenance
                    6.3.2.1 Need to Reduce Resource Wastage and Resolve Critical Business Issues to Boost the Demand for Training, Support, and Maintenance Services

7 Product Information Management Market, By Deployment Type (Page No. - 51)
    7.1 Introduction
    7.2 On-Premises
           7.2.1 Data Security and Privacy Concerns Among Organizations to Boost the Adoption of On-Premises Deployment Type
    7.3 Cloud
           7.3.1 Organizations With a Focus on Scalability and Cost-Effectiveness to Choose Cloud Deployment Type

8 Product Information Management Market, By Organization Size (Page No. - 55)
    8.1 Introduction
    8.2 Large Enterprises
           8.2.1 Economies of Scale, Growing Assimilation of Advanced Technologies, and Extensive Product Portfolio to Drive the Adoption of Product Information Management Solutions Among Large Enterprises
    8.3 Small and Medium-Sized Enterprises
           8.3.1 Organizations’ Demand for Flexible Pricing Models and Cost-Effective Deployment to Boost the Adoption of Cloud-Based Product Information Management Solutions

9 Product Information Management Market, By Industry Vertical (Page No. - 59)
    9.1 Introduction
    9.2 Banking, Financial Services and Insurance
           9.2.1 Need to Maintain Trust and Instill Confidence Among Customers to Drive the Growth of Product Information Management Solutions Among Banking, Financial Services and Insurance Companies
    9.3 Consumer Goods and Retail
           9.3.1 Need to Enhance Customer Experiences With Better Product Data Syndication to Drive the Adoption of Product Information Management Solutions in the Consumer Goods and Retail Industry
    9.4 Manufacturing
           9.4.1 Need to Enhance Communication Between Suppliers and Consumers Through Better Product Visibility to Boost the Growth of Product Information Management Market in the Manufacturing Industry
    9.5 IT and Telecom
           9.5.1 Vast and Complex Product Portfolio to Boost the Adoption of Product Information Management Solutions Among IT and Telecom Companies
    9.6 Media and Entertainment
           9.6.1 Digital Data Management Capabilities of Product Information Management Solutions to Drive Its Adoption Among Media and Entertainment Companies
    9.7 Healthcare and Life Sciences
           9.7.1 Need to Adhere to Changing Industry and Regional Regulations to Drive the Demand for Product Information Management Solutions in the Healthcare and Life Sciences Industry
    9.8 Transportation and Logistics
           9.8.1 Focus on Automating Workflow Processes and Optimizing Supply Chain to Boost the Adoption of Product Information Management Solutions in the Transportation and Logistics Industry
    9.9 Others

10 Product Information Management Market, By Region (Page No. - 69)
     10.1 Introduction
     10.2 North America
             10.2.1 United States
                       10.2.1.1 Need to Achieve a Faster Ttm While Complying to Various Regulatory Requirements to Drive the Adoption of Product Information Management Solutions in the US
             10.2.2 Canada
                       10.2.2.1 Rising Adoption of Cloud-Based Technologies and Data Compliance Practices to Boost the Growth of the Product Information Management Market in Canada
     10.3 Europe
             10.3.1 United Kingdom
                       10.3.1.1 Rising Technology Adoption and Demand for a Robust Solution to Improve Supplier and Customer Experiences to Drive the Adoption of Product Information Management Solutions in the UK
             10.3.2 Germany
                       10.3.2.1 High Adoption of Robust Solutions Across the Manufacturing Industry to Manage the Rising Number of Products to Fuel the Demand for Product Information Management Solutions in Germany
             10.3.3 Rest of Europe
     10.4 Asia Pacific
             10.4.1 Australia and New Zealand
                       10.4.1.1 High-Income Economy and Rising Technology Assimilation to Boost the Growth of Product Information Management Solutions in Australia and New Zealand
             10.4.2 China
                       10.4.2.1 Imminent Need for Standardizing Product Information to Boost the Growth of the Product Information Management Market in China
             10.4.3 Rest of Asia Pacific
     10.5 Middle East and Africa
             10.5.1 South Africa
                       10.5.1.1 Increase in Purchasing Power and Influx of Cloud Services to Fuel the Growth of the Product Information Management Market in South Africa
             10.5.2 Rest of Middle East and Africa
     10.6 Latin America
             10.6.1 Brazil
                       10.6.1.1 High Price Consciousness Among Consumers to Compel Organizations to Adopt Product Information Management Solutions in Brazil
             10.6.2 Rest of Latin America

11 Competitive Landscape (Page No. - 110)
     11.1 Introduction
     11.2 Competitive Scenario
             11.2.1 New Product/Solution Launches and Product Enhancements
             11.2.2 Partnerships and Agreements
             11.2.3 Acquisitions
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies

12 Company Profiles (Page No. - 116)
     12.1 Introduction
(Business Overview, Platforms, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.2 SAP
     12.3 IBM
     12.4 Informatica
     12.5 Oracle
     12.6 Akeneo
     12.7 Pimcore
     12.8 Salsify
     12.9 inRiver
     12.10 Magnitude Software
     12.11 Stibo Systems
     12.12 Contentserv
     12.13 Enterworks
     12.14 Plytix
     12.15 Riversand
     12.16 Aprimo
     12.17 Mobius
     12.18 Perfion
     12.19 Profisee
     12.20 Censhare
     12.21 Vinculum
     12.22 Right to Win

*Details on Business Overview, Platform, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 155)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (114 Tables)

Table 1 United States Dollar Exchange Rate, 2016–2018
Table 2 Factor Analysis
Table 3 Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 4 Market Size, By Solution, 2017–2024 (USD Million)
Table 5 Solutions: ProductMarket Size, By Region, 2017–2024 (USD Million)
Table 6 Multi-Domain Solution: Market Size, By Region, 2017–2024 (USD Million)
Table 7 Single-Domain Solution: Market Size, By Region, 2017–2024 (USD Million)
Table 8 Services: Market Size, By Type, 2017–2024 (USD Million)
Table 9 Services: Market Size, By Region, 2017–2024 (USD Million)
Table 10 Consulting and Implementation: Market Size, By Region, 2017–2024 (USD Million)
Table 11 Training, Support, and Maintenance: Market Size, By Region, 2017–2024 (USD Million)
Table 12 Product Information Management Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 13 On-Premises: Market Size, By Region, 2017–2024 (USD Million)
Table 14 Cloud: Market Size, By Region, 2017–2024 (USD Million)
Table 15 Market Size, By Organization Size, 2017–2024 (USD Million)
Table 16 Large Enterprises: Market Size, By Region, 2017–2024 (USD Million)
Table 17 Small and Medium-Sized Enterprises: Market Size, By Region, 2017–2024 (USD Million)
Table 18 Product Information Management Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 19 Banking, Financial Services and Insurance: Market Size, By Region, 2017–2024 (USD Million)
Table 20 Consumer Goods and Retail: Market Size, By Region, 2017–2024 (USD Million)
Table 21 Manufacturing: Market Size, By Region, 2017–2024 (USD Million)
Table 22 IT and Telecom: Market Size, By Region, 2017–2024 (USD Million)
Table 23 Media and Entertainment: Market Size, By Region, 2017–2024 (USD Million)
Table 24 Healthcare and Life Sciences: Market Size, By Region, 2017–2024 (USD Million)
Table 25 Transportation and Logistics: Market Size, By Region, 2017–2024 (USD Million)
Table 26 Others: Market Size, By Region, 2017–2024 (USD Million)
Table 27 Product Information Management Market Size, By Region, 2017–2024 (USD Million)
Table 28 North America: Market Size, By Component, 2017–2024 (USD Million)
Table 29 North America: Market Size, By Solution, 2017–2024 (USD Million)
Table 30 North America: Market Size, By Service, 2017–2024 (USD Million)
Table 31 North America: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 32 North America: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 33 North America: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 34 North America: Market Size, By Country, 2017–2024 (USD Million)
Table 35 United States: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 36 United States: Market Size, By Solution, 2017–2024 (USD Million)
Table 37 United States: Market Size, By Service, 2017–2024 (USD Million)
Table 38 United States: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 39 United States: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 40 United States: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 41 Canada: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 42 Canada: Market Size, By Solution, 2017–2024 (USD Million)
Table 43 Canada: Market Size, By Service, 2017–2024 (USD Million)
Table 44 Canada: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 45 Canada: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 46 Canada: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 47 Europe: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 48 Europe: Market Size, By Solution, 2017–2024 (USD Million)
Table 49 Europe: Market Size, By Service, 2017–2024 (USD Million)
Table 50 Europe: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 51 Europe: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 52 Europe: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 53 Europe: Market Size, By Country, 2017–2024 (USD Million)
Table 54 United Kingdom: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 55 United Kingdom: Market Size, By Solution, 2017–2024 (USD Million)
Table 56 United Kingdom: Market Size, By Service, 2017–2024 (USD Million)
Table 57 United Kingdom: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 58 United Kingdom: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 59 United Kingdom: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 60 Germany: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 61 Germany: Market Size, By Solution, 2017–2024 (USD Million)
Table 62 Germany: Market Size, By Service, 2017–2024 (USD Million)
Table 63 Germany: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 64 Germany: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 65 Germany: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 66 Asia Pacific: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 67 Asia Pacific: Market Size, By Solution, 2017–2024 (USD Million)
Table 68 Asia Pacific: Market Size, By Service, 2017–2024 (USD Million)
Table 69 Asia Pacific: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 70 Asia Pacific: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 71 Asia Pacific: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 72 Asia Pacific: Market Size, By Country, 2017–2024 (USD Million)
Table 73 Australia and New Zealand: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 74 Australia and New Zealand: Market Size, By Solution, 2017–2024 (USD Million)
Table 75 Australia and New Zealand: Market Size, By Service, 2017–2024 (USD Million)
Table 76 Australia and New Zealand: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 77 Australia and New Zealand: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 78 Australia and New Zealand: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 79 China: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 80 China: Market Size, By Solution, 2017–2024 (USD Million)
Table 81 China: Market Size, By Service, 2017–2024 (USD Million)
Table 82 China: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 83 China: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 84 China: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 85 Middle East and Africa: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 86 Middle East and Africa: Market Size, By Solution, 2017–2024 (USD Million)
Table 87 Middle East and Africa: Market Size, By Service, 2017–2024 (USD Million)
Table 88 Middle East and Africa: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 89 Middle East and Africa: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 90 Middle East and Africa: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 91 Middle East and Africa: Market Size, By Country, 2017–2024 (USD Million)
Table 92 South Africa: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 93 South Africa: Market Size, By Solution, 2017–2024 (USD Million)
Table 94 South Africa: Market Size, By Service, 2017–2024 (USD Million)
Table 95 South Africa: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 96 South Africa: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 97 South Africa: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 98 Latin America: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 99 Latin America: Market Size, By Solution, 2017–2024 (USD Million)
Table 100 Latin America: Market Size, By Service, 2017–2024 (USD Million)
Table 101 Latin America: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 102 Latin America: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 103 Latin America: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 104 Latin America: Market Size, By Country, 2017–2024 (USD Million)
Table 105 Brazil: Product Information Management Market Size, By Component, 2017–2024 (USD Million)
Table 106 Brazil: Market Size, By Solution, 2017–2024 (USD Million)
Table 107 Brazil: Market Size, By Service, 2017–2024 (USD Million)
Table 108 Brazil: Market Size, By Deployment Type, 2017–2024 (USD Million)
Table 109 Brazil: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 110 Brazil: Market Size, By Industry Vertical, 2017–2024 (USD Million)
Table 111 New Product Launches and Product Enhancements, 2019
Table 112 Partnerships and Agreements, 2018–2019
Table 113 Acquisitions, 2019
Table 114 Evaluation Criteria
 
 
List of Figures (26 Figures)
 
Figure 1 Product Information Management Market: Research Design
Figure 2 Market: Top-Down and Bottom-Up Approaches
Figure 3 Segments With High Market Shares in the Product Information Management Market in 2019
Figure 4 North America to Account for the Highest Market Share in 2019
Figure 5 Need to Improve Customer Experience By Delivering Quality Product Information in Real Time to Drive the Growth of the Market
Figure 6 Consumer Goods and Retail Segment and the United States to Account for the Highest Market Shares in North America in 2019
Figure 7 Product Information Management Market in Australia and New Zealand to Grow at the Highest CAGR During the Forecast Period
Figure 8 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 9 Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 10 Multi-Domain Segment to Grow at a Higher CAGR During the Forecast Period
Figure 11 Training, Support, and Maintenance Segment to Grow at a Higher CAGR During the Forecast Period
Figure 12 Cloud Segment to Grow at a Higher CAGR During the Forecast Period
Figure 13 Small and Medium-Sized Enterprises Segment to Grow at a Higher CAGR During the Forecast Period
Figure 14 Media and Entertainment Segment to Grow at the Highest CAGR During the Forecast Period
Figure 15 Asia Pacific to Witness the Highest CAGR During the Forecast Period
Figure 16 North America: Market Snapshot
Figure 17 Asia Pacific: Market Snapshot
Figure 18 Key Developments By the Leading Players in the Market, 2018–2019
Figure 19 Product Information Management Market (Global) Competitive Leadership Mapping, 2019
Figure 20 SAP: Company Snapshot
Figure 21 SAP: SWOT Analysis
Figure 22 IBM: Company Snapshot
Figure 23 IBM: SWOT Analysis
Figure 24 Oracle: Company Snapshot
Figure 25 Oracle: SWOT Analysis
Figure 26 Akeneo: SWOT Analysis

The study involved 4 major activities in estimating the current size of the global Product Information Management (PIM) market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total PIM market size. After that, the market breakup and data triangulation techniques were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Bloomberg and BusinessWeek have been referred to, to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers; and articles from recognized authors, directories, and databases.

Primary Research

Various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), communication directors, technology and innovation directors, related key executives from various key companies and organizations operating in the product information management market, associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Following is the breakup of primary respondents:

Product Information Management Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

For making market estimates and forecasting the product information management market and other dependent submarkets, the top-down and bottom-up approaches were used. The bottom-up procedure was used to arrive at the overall market size of the global PIM market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the PIM market have been identified through extensive secondary research.
  • The market size, in terms of value, has been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

With data triangulation and validation through primary interviews, the exact value of the overall parent market size was determined and confirmed using this study. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.

Report Objectives

  • To define, describe, and forecast the product information management market by component (solutions and services), deployment type, organization size, industry vertical, and region
  • To provide detailed information about major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the PIM market
  • To analyze the market with respect to individual growth trends, prospects, and contributions to the total PIM market
  • To forecast the market size of five  main regions: North America, Europe, Asia Pacific (APAC), MEA, and Latin America
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To profile the key players in the market and comprehensively analyze their core competencies in each subsegment
  • To analyze the competitive developments, such as new product launches and product enhancements, partnerships, collaborations, and mergers

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

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Adjacent Markets

Mar. Size
2018
CAGR 2018-23

Competitive Landscape

 
 
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Report Code
TC 4280
Published ON
Feb, 2020
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