Product information

Product Information Management Market | Emerging Technology Trends, Future Growth and Business Opportunities

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Growing need to deliver enhanced customer experience and manage growing volumes of product data are key factors driving the market revenue growth

Market Size – USD 9.54 Billion in 2020, Market Growth – at a CAGR of 12.5%, Market Trends – Rising Adoption of Product Information Management Solutions in Retail and eCommerce »

— Emerging research

VANCOUVER, BC, USA, Sept. 7, 2022 /EINPresswire.com/ — Emergen Research’s latest paper titled “Product Information Management market” is one of the most sought-after market reports, involving an in-depth analysis of the global Information Management Market product. The authors of the report have provided necessary details about the latest Product Information Management market trends and crucial parameters impacting the market growth in both short and long term.

The global product information management market size is expected to reach USD 24.39 billion by 2028 and register a steady CAGR during the forecast period, according to the latest analysis from Emergen Research. The steady growth in market revenue can be attributed to the growing need to provide an improved customer experience. Additionally, increasing pressure on retailers to provide a more informative and functional B2B online customer experience, including high-quality product information, is expected to continue driving the adoption of customer information management systems. products. Managing product information in business applications helps address challenges posed by the proliferation of product information, increased buyer demand, the need to manage inventory levels, customer orders and returns clients. With product information management, retailers can ensure better accuracy of information provided by their manufacturers and their internal enterprise resource planning (ERP) and inventory management systems.

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The report also profiles established and emerging market players, covering business overview, product portfolio, strategic alliances, and business expansion strategies.

Major market players include Oracle, SAP, IBM, Informatica, Winshuttle, Pimcore, Akeneo, Riversand Technologies, Inc., Salsify Inc., and Aprimo.

Report Highlights

The services segment accounted for the largest share of revenue in 2020. Companies offering product information management systems provide support, training, and maintenance services to help internal staff understand product information management systems. product information, which drives the growth of the service segment.

Cloud segment revenue is expected to grow at a rapid CAGR during the forecast period. Rising demand for cloud-based solutions for storing information is expected to drive the growth of the product information management market over the forecast period.

The retail segment accounted for a significantly large revenue share in the product information management market in 2020. The increasing application of product information management systems in the e-commerce and retail is driving the growth of the product information management market.

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The report studies the historical data of the Product Information Management market and offers valuable insights into key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects .

Emergen Research has segmented the global product information management market based on supply, deployment, end-use, and region:

Supply Outlook (Revenue, USD Billion; 2018-2028)
Services

The solution

Deployment Outlook (Revenue, USD Billion; 2018-2028)
On the site

Cloud

End-Use Outlook (Revenue, USD Billion; 2018-2028)
Media and entertainment

BFSI

Health care

Detail

IT and Telecommunications

Energy utilities

Transport and logistics

Others

The full regional analysis covers:

North America (United States, Canada, Mexico

Europe (UK, Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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Key Points of the Product Information Management Market:

Summary of key points from the report:

The report offers a comprehensive overview of the Product Information Management market size, share and growth rate over the forecast duration.

It provides details of the current scenario, historical data, giving an accurate forecast of the market for the coming years.

The study categorizes the Product Information Management market based on product types, applications, end-users, market value and volume, industry verticals, and 5 major regions.

It also offers regional market analysis and forecasts for the major geographies of the industry i.e. North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. .

Thank you for reading our report. Report customization is available. To find out more, please contact us and our team will ensure the report is customized to your needs.

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Product information management market size worth USD 24.39 billion in 2028