Global Product Information Management (PIM) Market 2022-2027: Incorporation of AI and Ml Capabilities to Improve Information Management and Customer Experience

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Jul 26, 2022, 15:15 ET

DUBLIN, July 26, 2022 /PRNewswire/ -- The "Global Product Information Management (PIM) Market by Component, Solution (Multi-domain, and Single Domain), Deployment Type, Organization Size, Vertical (Consumer Goods & retail, IT & Telecom, and Media & Entertainment) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global Product Information Management (PIM) market size to grow from USD 12.2 Billion in 2022 to USD 23.8 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. PIM has enabled organizations to securely manage unstructured product information including product name, title, description, SKU, cost, and pricing. It enables organizations to eradicate ad-hoc processes by providing compliance with major security and regulatory standards.

Research Coverage
The market study covers the PIM market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment type, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Premium Insights

Drastic Geographic Change and Technological Evolution to Drive Product Information Management Growth
Solutions Segment to Hold Larger Market Share During Forecast Period
Large Enterprises Segment to Hold Larger Market Share During Forecast Period
Cloud Segment to Hold Larger Market Share During Forecast Period
Consumer Goods & Retail Vertical Segment to Hold Largest Market Share During Forecast Period
Asia-Pacific to Emerge as Best Market for Investments in Next Five Years

Market Dynamics
Drivers

Rising Demand for Pim Solutions from Flourishing Ecommerce Industry
Increasing Need to Offer Enhanced Customer Services
Focus on Attaining Seamless Omnichannel Syndication

Restraints

Misapprehensions Related to Data Security and Privacy Risks

Opportunities

Incorporation of AI and Ml Capabilities to Improve Information Management and Customer Experience
Rising Investments in Automation to Enable Quicker Decisions

Challenges

Varied Data and Government Regulations Across Industries and Regions
Complex Data Governance and System Integration

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Product Information Management Market, by Component

7 Product Information Management Market, by Deployment Type

8 Product Information Management Market, by Organization Size

9 Product Information Management Market, by Vertical

10 Product Information Management Market, by Region

11 Competitive Landscape

12 Company Profiles

13 Adjacent/Related Market

14 Appendix

Companies Mentioned