Product information

The Product Information Management Market is Expected to Reach a Value

Product Information Management Market Size

According to a new market research report “Product Information Management (PIM) Market by Component, Solution (Multi-Domain and Single Domain), Deployment Type, Organization Size, Vertical (Consumer Goods and Retail, IT & Telecom, and Media & Entertainment) and Region – Global Forecast to 2027” published by MarketsandMarkets™, the global PIM market size will grow from USD 12.2 billion in 2022 to USD 23.8 billion USD by 2027, at a compound annual growth rate (CAGR) of 14.3% over the forecast period.

Download the PDF brochure @

Growing demands for better customer experience, along with updated product information across all channels, demand to deliver contextualized user experience, and an increase in digital content in businesses, are among the major factors driving the growth of the PIM market.

Browse in-depth TOC on “Product Information Management (PIM) Market”
235 paintings
41 figures
201 pages

Browse full report @

According to verticals, media and entertainment segment is expected to grow at the highest CAGR during the forecast period

The PIM market is segmented into BFSI, Consumer Goods & Retail, Manufacturing, IT & Telecom, Media & Entertainment, Healthcare & Life Sciences, Transportation & Logistics, and Other Verticals (Education, Travel & Hospitality). According to the verticals, the media and entertainment sector is expected to grow at the highest CAGR during the forecast period. The demand for PIM in the media and entertainment industry vertical is increasing due to the growing need for data silos, different data management systems, diverse and large product portfolios, dispersed product information, changing consumer expectations and increasing demand for reduced time to market. .

The cloud segment is expected to grow at the highest CAGR during the forecast period

Based on the mode of deployment, the Cloud segment is expected to grow at the highest CAGR for the cPIM market during the forecast period. The PIM market by deployment type is segmented into on-premises and cloud deployment type. The on-premises type of deployment is preferred by large enterprises as these organizations prefer information to be kept on a local server as the cloud has security issues. However, large enterprises and SMEs have started to adopt cloud services and solutions to reduce their CAPEX. Additionally, cloud-based solutions offered scalability, flexibility, and a pay-as-you-go model that helps organizations reduce costs and access services and solutions anywhere, anytime. However, security issues associated with cloud deployment type are expected to impact its adoption during the forecast period.

APAC is expected to grow at the highest CAGR over the forecast period

In 2022, North America captured the majority of the market share, however, in 2027, APAC is expected to grow at the highest CAGR. Growing awareness of increasing business productivity, complemented by competently designed PIM solutions offered by vendors present in this region. Oracle, IBM, SAP, Pimcore and Informatica have their operations in the region due to the region’s low cost advantages and high labor availability. Additionally, the adoption of cloud-based solutions in Asia-Pacific is growing at an exponential rate. A growing number of startups with limited IT budgets makes the Asia-Pacific region a high-potential market. Additionally, extensive facilities for deploying and managing product information at economical costs are bolstering the growth of the market in this region.

Request Sample Pages @

Some of the major vendors in the PIM market are Oracle (US), SAP (US), IBM (US), Informatica (US), Pimcore (Austria), Akeneo (France), inriver (Sweden) , Winshuttle (US), Riversand (US), Salsify (US), Aprimo (US), Stibo Systems (Denmark), Contentserv (Switzerland), Mobius (India), Perfion (Denmark), Profisee (US), Censhare (Germany), Vinculum (India), PIMworks (US), Truecommerce (US), Vimedici (Germany), Magnitude Software (US), Plytix (Denmark) and Syndigo (United States).

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Office 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Blog MnM:
Source of content:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.

Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Engagement Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators and Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.

This press release was published on openPR.