The product information management market is the focus of an insightful research report titled “Product Information Management Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” recently published by Future Market Insights. This comprehensive report offers a thorough examination of the market, combining historical data with future projections to provide a holistic understanding of the Product Information Management Market on a global scale.
Through meticulous market segmentation, the report delves into every facet of the Product Information Management Market, offering a complete perspective that is invaluable for businesses and industry stakeholders looking to navigate this dynamic landscape.
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Global Product Information Management Market: Future Projections
The report reveals that the global product information management market is expected to reach a value above US$ 12 Billion by the end of the period of assessment from a valuation of around US$ 1.8 Billion in 2017 and is projected to grow at a very high CAGR of 21.0% throughout the period of forecast.
Global Product Information Management Market: Growth Influencing Factors
Several aspects influencing the growth of the global product information management market are studied and included in this research report. Various aspects such as the rising number of products coupled with the growing importance of reducing errors associated with product information, increasing focus on reducing time to market and improving sales efficiency, increasing demand for centralized data, rising adoption of product information management solutions in the retail sector, the emergence of digital asset management, rising requirements for data verification and authenticity, increasing consumer demand for advanced technology and increasing traction of digital transformation in the manufacturing, wholesale and retail sectors are pushing the growth of the global market. Moreover, benefits such as support in keeping track of customers and managing complex product data are also contributing to the growth of the global product information management market. However, certain aspects like lack of awareness, interoperability issues, high operating costs associated with deployment, long implementation time, and challenges associated with data integration are posing restraints to global market revenue growth.
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Global Product Information Management Market: Competitive Scenario:
The report covers a competition analysis and has profiled companies such as SAP AG, IBM Corporation, Informatica, Riversand Technologies, Inc., Stibo Systems, ADAM Software, Agility Multichannel, Inriver, Inc., Pimcore, Salsify, Edgenet, CATSY, Censhare AG, Shotfarm, Akeneo and NetCracker.
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Product Information Management Market Segmentation:
The research report on the global product information management market covers an in-depth market segmentation that focuses on components, deployment, industry, enterprise type, and region.
By Component:
- Software
- Multi-Domain Product Information
- Single-Domain Product Information
- Services
By Deployment:
- On-Premise
- Software-as-a-Service (SaaS)
By Industry:
- BFSI
- Healthcare
- Telecommunication and IT
- Government
- Retail
- Transportation and Logistics
- Manufacturing
- Energy and Utility
- Media and Entertainment
- Others
By Enterprise Type:
- Large Enterprise
- Small and Medium Enterprise
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- Middle East and Africa (MEA)
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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