Product Information Management Market by Component (Software and Service) By Service Type (Support & Maintenance Services, Support & Maintenance Services, Managed Services, Deployment & Integration Services and Others) Deployment Model (On-premise, and cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), and Industry Vertical (Energy & Utilities, Media & Entertainment, Retail & E-Commerce, Government & Defense, Healthcare & Life Sciences, IT & Telecom, BFSI, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
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Jul 2020 |
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Product Information Management (PIM) is a set of processes designed to provide a single repository for storing all outgoing product data. PIM tools are used to centralize and manage e-commerce business product information to ensure a single, central repository system of records with accurate view of product data. PIM gathers data from multiple data sources irreverent of data formats and combines them into a single source of master data. It also possesses capabilities y to identify and fix problematic data and distributes data to all the desired distribution channels. In addition, these PIM tools can be integrated with other software such as business process management, catalog management, and data quality management. The PIM solutions are widely used by stakeholders for easy coordination regarding changing product information across all channels of communication. This ensures a business’s entire ecosystem has consistent and up-to-date information and considered as a major factor propelling the global product information management market growth.
Growing e-commerce trade across the globe has led to the indispensable requirement for centrally managed data throughout the supply chain and considered as a major factor expected to drive the adoption of the global product information management. In addition, rise in demands to meet end-user needs with constant development in product offerings, increase in demand for business transparency, and need of faster communication system from stakeholder to production till distribution channels are some of the major factors driving the growth of the global product information management market. However, data security concerns and diversified data legislations and regulations existing across different regions and verticals are major restraining factors hindering the global product information management market growth.
The global product information management market is segmented based on component, deployment, enterprise size, industry vertical, and region. Based on component, it is bifurcated into software and service. The software has been further bifurcated into multi-domain product information management and single-domain product information management. On the basis of service type, it is classified into consulting & system integration and training, support, & maintenance. Based on deployment, the market is categorized into on-premise, and cloud. Based on enterprise size, it is classified into large enterprises and SMEs). Based on industry vertical, it is classified into energy & utilities, media & entertainment, retail & e-commerce, government & defense, healthcare & life sciences, IT & telecom, healthcare & life sciences, BFSI, and Others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report provides the profiles of the key players in the global product information management market, which include Pimcore, SAP SE, Inriver, Inc., Informatica LLC, IBM Corporation, Oracle Corporation., ADAM Software, Inc., Riversand Technologies, Inc., Stibo Systems (Stibo Group), and Agility Multichannel (Magnitude Software, Inc.) These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global product information management market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global product information management market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global product information management industry.
- The quantitative analysis of the global product information management market from 2018 to 2026 is provided to determine the market potential.
PRODUCT INFORMATION MANAGEMENT MARKET KEY SEGMENTS
BY COMPONENT
- Software
- Multi-Domain Product Information Management
- Single-Domain Product Information Management
- Service
- Consulting & System Integration
- Training, Support, & Maintenance
By Service Type
- Support & Maintenance Services
- Consulting Services
- Managed Services
- Deployment & Integration Services
- Others
BY DEPLOYMENT
- On-premise
- Cloud
BY ENTERPRISE SIZE
- Large Enterprises
- SMEs
BY INDUSTRY VERTICAL
- Energy & Utilities
- BFSI
- Others
- Media & Entertainment
- Retail & E-Commerce
- Government & Defense
- Healthcare & Life Sciences
- IT & Telecommunications
BY REGION
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS PROFILED IN THE REPORT
- Pimcore
- SAP SE
- Inriver, Inc.
- Informatica LLC
- IBM Corporation
- Oracle Corporation.
- ADAM Software, Inc.
- Riversand Technologies, Inc.
- Stibo Systems (Stibo Group)
- Agility Multichannel (Magnitude Software, Inc.)
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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