Product Information Management Market by Software(Single Domain, Multi-Domain), Service Type (Consulting and System Integration, Training, Support and Maintenance), Deployment ,User Type, Industry, Region - Global Forecast to 2021

The Product Information Management (PIM) market is estimated to grow from USD 5.11 Billion in 2016 to USD 15.78 Billion by 2021 with a CAGR of 25.3%. The report on the PIM market considered 2015 as the base year and the forecast period from 2016 to 2021. The report aims at estimating the market size and future growth opportunities of the Product Information Management market across different segments, such as software type, deployment models, service type, user-type, vertical, and region. PIM compromises a broad set of software products and services that help the user types, such as SMBs and large enterprises to centrally manage their consolidated master data. The multi-domain PIM applications such as product and supplier data have provided the organizations with a unified view to manage their clients’ demands. The most prominent demand has been for bridging PIM solutions with the technologies of big data and BI with the cloud.

Major players in the PIM were identified across various regions along with their offerings and distribution channel; regional presence is understood through in-depth discussions. Furthermore, average revenue generated by these companies, segmented on the basis of region, was employed to arrive at the overall Product Information Management market size. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews of industry leaders, such as CEOs, VPs, directors, and marketing executives for key insights.

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. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

PIM comprises PIM software and service vendors, such as SAP AG, Oracle Corporation, IBM Corporation, Stibo systems, Pimcore and Informatica, and others.

Target audiences for Product Information Management market are:-

• Market Leaders
• Startup Companies
• Venture Capitalists
• Private Equity groups
• Investment Companies
• Equity Research Firms
• Software Vendors
• Cloud-based PIM Service Providers
• SMBs and Large Enterprises
• System Integrators

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

Scope of the Report:

The Product Information Management market is a broad study of the global market and forecasts the market sizes and trends in the following sub-segments.

By Software Type:

• Single domain
• Multi-domain

By Deployment:

• Cloud
• On-Premise

By Service Type:

• Consulting and System Integration
• Training and Support and Maintenance

By User Type:

• Small and Medium Enterprises
• Large Enterprises

By Region:

• North America
• Europe
• Asia Pacific (APAC)
• Middle East and Africa (MEA)
• Latin America

By Vertical:

• BFSI
• Government
• Retail
• Healthcare
• IT and telecom
• Manufacturing
• Energy and Utilities
• Healthcare
• Transportation and Logistics
• Media and entertainment

As a part of customization MarketsandMarkets can provide the following details:-

Product Analysis

• Product Matrix, which gives a detailed comparison of product portfolio of each company

Geographic Analysis

• Further breakdown of the North America PIM market into the U.S., Mexico, and Canada
• Further breakdown of the Europe  PIM market into the U.K., Germany, Spain, and others
• Further breakdown of the APAC PIM market into India, China, Australia, and others

Company Information

• Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Content From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Content From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Market Opportunities in the Product Information Management Market
    4.2 Market Top Three Verticals and Regions
    4.3 Global Market Vertical, By Region (2021)
    4.4 Global Market, By Region (2016)
    4.5 Lifecycle Analysis, By Region, 2016

5 Product Information Management Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Evolution
    5.3 Market Segmentation
           5.3.1 By Software Type
           5.3.2 By Deployment Type
           5.3.3 By Vertical
           5.3.4 By Service
           5.3.5 By User Type
           5.3.6 By Region
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Indispensable Requirement to Have Centrally Managed Data
                    5.4.1.2 Rising Need for Compliance and Verification
                    5.4.1.3 Mounting Demands for Operational Excellence and Data Quality
                    5.4.1.4 Creation of New Business Avenues in Organizations
                    5.4.1.5 Manifestation of Unified Customer View and Client Centricity
                    5.4.1.6 Need for Centralized System for Improved Marketing and Selling of Products Through Distribution Channels
           5.4.2 Restraints
                    5.4.2.1 Prevailing Data Security Apprehensions
                    5.4.2.2 Lack of Awareness About the Benefits Related to Pim Software and Services
                    5.4.2.3 Ongoing Data Ownership Concerns
           5.4.3 Opportunities
                    5.4.3.1 Incorporation of Integrated Vendor Offerings
                    5.4.3.2 Bridging of Technologies for Big Data and Bi With the Cloud
           5.4.4 Challenges
                    5.4.4.1 Diversified Data Regulations and Legislations Present Across Different Verticals and Regions
                    5.4.4.2 Inflexibility of Expansive Pim Solutions

6 Product Information Management Market: Industry Trends (Page No. - 47)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Industry Standards and Regulations
           6.4.1 Introduction
           6.4.2 Gramm-Leach-Bliley Act
           6.4.3 Health Insurance Portability and Accountability Act
           6.4.4 Payment Card Industry Content Security Standard
    6.5 Innovation Spotlight

7 Product Information Management Market Analysis, By Software Type (Page No. - 54)
    7.1 Introduction
    7.2 Multi-Domain Product Information Management
    7.3 Single-Domain Product Information Management

8 Market Analysis, By Deployment (Page No. - 59)
    8.1 Introduction
    8.2 Cloud
    8.3 On-Premises

9 Product Information Management Market Analysis, By Service Type (Page No. - 64)
    9.1 Introduction
    9.2 Consulting and System Integration
    9.3 Training, Support, and Maintenance

10 Market Analysis, By User Type (Page No. - 69)
     10.1 Introduction
     10.2 Small and Medium Businesses
     10.3 Large Enterprises

11 Product Information Management Market Analysis, By Industry (Page No. - 75)
     11.1 Introduction
     11.2 Banking ,Financial Services, and Insurance
     11.3 Government
     11.4 Retail
     11.5 IT and Telecom
     11.6 Manufacturing
     11.7 Energy and Utilities
     11.8 Healthcare
     11.9 Transportation and Logistics
     11.10 Media and Entertainment
     11.11 Others

12 Geographic Analysis (Page No. - 87)
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia-Pacific
     12.5 Middle East and Africa
     12.6 Latin America

13 Competitive Landscape (Page No. - 109)
     13.1 Overview
     13.2 Competitive Situations and Trends
              13.2.1 Agreements, Partnerships, Collaborations, and Business Expansions
              13.2.2 Mergers and Acquisitions
              13.2.3 New Product Launches
              13.2.4 Venture Capital (VC) Funding

14 Company Profiles (Page No. - 117)
     14.1 Introduction
     14.2 SAP AG
     14.3 IBM Corporation
     14.4 Oracle Corporation.
     14.5 Informatica
     14.6 Riversand Technologies, Inc.
     14.7 Stibo Systems
     14.8 ADAM Software
     14.9 Agility Multichannel
     14.10 Inriver, Inc.
     14.11 Pimcore

15 Appendix (Page No. - 151)
     15.1 Insights From Industry Experts
     15.2 Other Developments
              15.2.1 Agreements, Partnerships, Collaborations, Joint Ventures, and Business Expansions, 2013–2015
              15.2.2 Mergers and Acquisitions, 2013–2014
              15.2.3 New Product Launches, 2013–2015
     15.3 Discussion Guide
     15.4 Available Customizations
     15.5 Related Reports

List of Tables (64 Tables)

Table 1 Global Product Information Management Market Size and Growth, 2014–2021 (USD Million, Y–O-Y %)
Table 2 Global Market Size, By Component, 2014–2021 (USD Million)
Table 3 Global Market Size, By Software Type, 2014–2021 (USD Million)
Table 4 Multi-Domain Software: Market Size, By Region, 2014–2021 (USD Million)
Table 5 Single-Domain Software: Market Size, By Region, 2014–2021 (USD Million)
Table 6 Global Pim Software Market Size, By Deployment,2014–2021 (USD Million)
Table 7 Cloud-Based Deployment: Market Size, By Region, 2014–2021 (USD Million)
Table 8 On-Premises Deployment: Market Size, By Region, 2014–2021 (USD Million)
Table 9 Global Product Information Management Market Size, By Service Type, 2014–2021 (USD Million)
Table 10 Consulting and System Integration Service Type: Market Size, By Region, 2014–2021 (USD Million)
Table 11 Training, Support, and Maintenance Service: Market Size, By Region, 2014–2021 (USD Million)
Table 12 Global Product Information Management Market Size, By User Type, 2014–2021 (USD Million)
Table 13 Small and Medium Businesses: Market Size, By Component, 2014–2021 (USD Million)
Table 14 Small and Medium Businesses: Market Size, By Region, 2014–2021 (USD Million)
Table 15 Large Enterprises: Market Size,By Component, 2014–2021 (USD Million)
Table 16 Large Enterprises: Market Size,By Region, 2014–2021 (USD Million)
Table 17 Global Product Information Management Market Size, By Industry, 2014–2021 (USD Million)
Table 18 BFSI: Market Size, By Region,2014–2021 (USD Million)
Table 19 Government: Market Size, By Region, 2014–2021 (USD Million)
Table 20 Retail: Market Size, By Region,2014–2021 (USD Million)
Table 21 IT and Telecom: Market Size,By Region, 2014–2021 (USD Million)
Table 22 Manufacturing: Market Size,By Region, 2014–2021 (USD Million)
Table 23 Energy and Utilities: Market Size,By Region, 2014–2021 (USD Million)
Table 24 Healthcare: Market Size,By Region, 2014–2021 (USD Million)
Table 25 Transportation and Logistics: Market Size, By Region, 2014–2021 (USD Million)
Table 26 Media and Entertainment: Market Size, By Region, 2014–2021 (USD Million)
Table 27 Others: Market Size, By Region, 2014–2021 (USD Million)
Table 28 Global Product Information Management Market Size, By Region, 2014–2021 (USD Million)
Table 29 Software: Market Size,By Region, 2014–2021 (USD Million)
Table 30 Service: Market Size,By Region, 2014–2021 (USD Million)
Table 31 North America: Market Size,By Component, 2014–2021 (USD Million)
Table 32 North America: Market Size,By Software Type, 2014–2021 (USD Million)
Table 33 North America: Product Information Management Software Market Size, By Deployment, 2014–2021 (USD Million)
Table 34 North America: Product Information Management Service Market Size, By User Type, 2014–2021 (USD Million)
Table 35 North America: Product Information Management Service Market Size, By Service Type, 2014–2021 (USD Million)
Table 36 North America: Market Size,By Industry, 2014–2021 (USD Million)
Table 37 Europe: Market Size, By Component, 2014–2021 (USD Million)
Table 38 Europe: Market Size, By Software Type, 2014–2021 (USD Million)
Table 39 Europe: Product Information Management Software Market Size,By Deployment, 2014–2021 (USD Million)
Table 40 Europe: Product Information Management Service Market Size,By User Type, 2014–2021 (USD Million)
Table 41 Europe: Product Information Management Service Market Size,By Service Type, 2014–2021 (USD Million)
Table 42 Europe: Market Size, By Industry, 2014–2021 (USD Million)
Table 43 Asia-Pacific: Market Size,By Component, 2014–2021 (USD Million)
Table 44 Asia-Pacific: Product Information Management Market Size,By Software Type, 2014–2021 (USD Million)
Table 45 Asia-Pacific: Product Information Management Software Market Size, By Deployment, 2014–2021 (USD Million)
Table 46 Asia-Pacific: Product Information Management Service Market Size,By User Type, 2014–2021 (USD Million)
Table 47 Asia-Pacific: Product Information Management Service Market Size,By Service Type, 2014–2021 (USD Million)
Table 48 Asia-Pacific: Market Size,By Industry, 2014–2021 (USD Million)
Table 49 Middle East and Africa: Market Size, By Component, 2014–2021 (USD Million)
Table 50 Middle East and Africa: Market Size, By Software Type, 2014–2021 (USD Million)
Table 51 Middle East and Africa: Product Information Management Software Market Size, By Deployment, 2014–2021 (USD Million)
Table 52 Middle East and Africa: Product Information Management Service Market Size, By User Type, 2014–2021 (USD Million)
Table 53 Middle East and Africa: Product Information Management Service Market Size, By Service Type, 2014–2021 (USD Million)
Table 54 Middle East and Africa: Market Size, By Industry, 2014–2021 (USD Million)
Table 55 Latin America: Market Size,By Component, 2014–2021 (USD Million)
Table 56 Latin America: Market Size,By Software Type, 2014–2021 (USD Million)
Table 57 Latin America: Product Information Management Software Market Size, By Deployment, 2014–2021 (USD Million)
Table 58 Latin America: Product Information Management Service Market Size, By User Type, 2014–2021 (USD Million)
Table 59 Latin America: Market Size,By Service Type, 2014–2021 (USD Million)
Table 60 Latin America: Product Information Management Market Size,By Industry, 2014–2021 (USD Million)
Table 61 Agreements, Partnerships, Collaborations, and Business Expansions 2013–2016
Table 62 Mergers and Acquisitions, 2013–2016
Table 63 New Product Launches, 2013–2016
Table 64 VC Funding, 2012–2015
 
 
List of Figures (53 Figures)
 
Figure 1 Global Product Information Management Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Global Market,By Software Type (2016–2021)
Figure 6 Global Market,By Service (2016–2021)
Figure 7 Global Product Information Management Market,
Figure 8 Global Market Share: North America is Expected to Hold the Largest Market Share in 2016
Figure 9 Emerging Economies Would Offer Attractive Market Opportunities in the Product Information Management Market During the Forecast Period (2016–2021)
Figure 10 North America Holds the Largest Market Share in the Market in 2016
Figure 11 North America is Expected to Have the Largest Market Share Across Most Verticals in 2021
Figure 12 Asia-Pacific is Expected to Grow at the Highest CAGR During the Forecast Period (2016–2021)
Figure 13 Europe and Asia-Pacific are Expected to Show Exponential Growth During the Forecast Period (2016–2021)
Figure 14 Evolution of the Product Information Management Market
Figure 15 Market Segmentation:By Software Type
Figure 16 Market Segmentation: By Vertical
Figure 17 Market Segmentation: By Service
Figure 18 Market Segmentation: By User Type
Figure 19 Market Segmentation: By Region
Figure 20 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Product Information Management Value Chain Analysis: Major Role Played By Product Information Management Platform Providers
Figure 22 Porter’s Five Forces Analysis: Diverse Set of Established Players is Increasing the Competition in the Industry
Figure 23 Multi-Domain Pim Software is Expected to Hold the Largest Market Share During the Forecast Period (2016–2021)
Figure 24 North America is Expected to Dominate the Software Segment During the Forecast Period (2016–2021)
Figure 25 Asia-Pacific is Expected to Grow at the Highest CAGR for Multi-Domain Software During the Forecast Period (2016–2021)
Figure 26 Asia-Pacific is Expected to Be the Fastest-Growing Region for Single-Domain Software During the Forecast Period (2016–2021)
Figure 27 Cloud Deployment is Expected to Have the Highest CAGR During the Forecast Period
Figure 28 Asia-Pacific is the Fastest Growing Region for Cloud Deployments in the Product Information Management Market
Figure 29 Training, Support, and Maintenance Service Will Have the Highest CAGR During the Forecast Period (2016–2021)
Figure 30 Asia-Pacific is the Fastest Growing Region for Training, Support, and Maintenance Service in the Market During the Forecast Period
Figure 31 SMB Segment is the Fastest Growing User Type Segment in the Master Data Management Market During the Forecast Period
Figure 32 Large Enterprises are Expected to Dominate the Market During the Forecast Period
Figure 33 BFSI, Manufacturing, and Retail Will Continue to Dominate the Market During the Forecast Period
Figure 34 Asia-Pacific is the Fastest Growing Region for BFSI Vertical in the Market During the Forecast Period
Figure 35 North America Region is Expected to Dominate the Product Information Management Market During the Forecast Period(2016–2021)
Figure 36 Geographic Snapshot – Asia-Pacific is Emerging as A New Hotspot
Figure 37 Asia-Pacific: an Attractive Destination for Market
Figure 38 North America Market Snapshot: Investment in Cloud-Based Product Information Management Will Drive the Market
Figure 39 Asia-Pacific Market Snapshot: Increased Demand From the PIM Users From the Developing Economies Will Drive the Market
Figure 40 Asia-Pacific is the Fastest Growing Region in the Product Information Management Market During the Forecast Period
Figure 41 Companies Adopted Mergers and Acquisitions as the Key Growth Strategy During 2012–2015
Figure 42 Product Mix of Top Five Companies From 2012 to 2015
Figure 43 Market Evaluation Framework: Significant Number of Mergers and Acquisitions Have Fueled the Growth From 2013 to 2016
Figure 44 Battle for Market Share: Mergers and Acquisitions Was the Key Strategy During the Forecast Period
Figure 45 Geographic Revenue Mix of Top Market Players in 2016
Figure 46 SAP AG: Company Snapshot
Figure 47 SAP AG: SWOT Analysis
Figure 48 IBM Corporation: Company Snapshot
Figure 49 IBM Corporation: SWOT Analysis
Figure 50 Oracle Corporation: Company Snapshot
Figure 51 Oracle Corporation: SWOT Analysis
Figure 52 Informatica: SWOT Analysis
Figure 53 Riversand Technologies: SWOT Analysis 

MarketsandMarkets forecast the Product Information Management (PIM) market size to grow from USD 5.11 Billion in 2016 to USD 15.78 Billion by 2021 with a CAGR of 25.3%. Indispensable requirement to have centrally managed data and rising need for compliance and verification are the main drivers of the Product Information Management market.

Presently, on-premise based deployment of PIM has the larger share than the cloud-based deployment of PIM, but the latter deployment model is expected to surpass during the forecast period due to high adoption rate of cloud technologies. The large enterprises, and Small and Medium Enterprises (SMEs) are showing high interest in the cloud-based PIM software due to its multiple advantages such as low operational expense, easy deployment, scalability, and easy collaboration. Moreover, due to the rise in upgraded technology workforce, major players aim at providing handy and easily accessible PIM software. The ongoing globalization of companies and the continuous rise in content among users have led them to enable the consolidation of content category wise through a single point provided through PIM software. Likewise, with the increasing complexity pertaining to maintaining and managing this master data, organizations are widely considering cloud-based deployments for implementing the central repository.

The consulting and system integration services segment is expected to have the largest market share and highest CAGR during the forecast period. The multi-domain PIM software’s are being increasingly adopted by companies and organizations in various industry verticals such as Banking, Financial Services, & Insurance (BFSI); retail; manufacturing; energy & utilities; healthcare; IT & telecommunication; government; and transportation & logistics among others. BFSI is expected to dominate the PIM industry market, contributing to the largest market share, during the forecast period.

North America is expected to have the largest market share and would dominate the Product Information Management market from 2015 to 2020. Asia-pacific (APAC) offers potential growth opportunities, as companies in the APAC region are turning toward multi-domain PIM software providers to offer a high degree of services in terms of quality, performance, and capacity.

However, diversified government regulations and policies present across domestic and international borders are restraining the growth of the Product Information Management market. The key players in the PIM market are SAP AG, IBM Corporation, Microsoft Corporation, Oracle Corporation, Informatica, Riversand Technologies, Stibo Systems, Adam Software, Agility Multichannel, Inriver, Inc., and Pimcore among others. These major players also launched new products and offerings to strengthen their product portfolio and to expand their offerings to new clients. These players adopted various strategies, such as mergers & acquisitions, partnerships, collaborations, and business expansion to cater to the needs of the PIM market.

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