Market Overview:
The global product infomation management (PIM) market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PIM solutions from various industries, such as banking, finance and insurance (BFSI), IT and telecommunications, government & health care, manufacturing & logistics. Additionally, the growing trend of digital transformation is also fueling the growth of this market.
 Industry Outlook.svg)
Product Definition:
PIM is a process of organizing and managing product information throughout its lifecycle. PIM software helps to manage this product information by consolidating it from various sources, including data feeds from suppliers, manufacturers and distributors. The use of PIM can help businesses improve the accuracy and timeliness of their product data, as well as increase visibility into their overall product inventory.
Customer Data:
Customer data is the information related to customers such as name, address, email id etc. which can be obtained from different sources such as customer database management systems (CDMS), website cookies and other third party technologies. The primary function of CDMS is to store and manage customer data for a company in an organized way so that it can be easily accessed when needed.
Product Data:
Product data is the information related to a product which can be found in an enterprise. It includes product name, price, cost of raw materials used in its production along with other supporting data such as images and videos. Product data is used by companies for various purposes such as online sales and marketing activities, creating new products or modifying existing ones.
Application Insights:
The Banking, Finance and Insurance (BFSI) application segment led the global market in 2017. The BFSI sector is one of the prominent sectors that are using product information management to manage their business effectively. Product information management helps financial institutions to deliver better customer services by managing product details efficiently across departments. This improves overall customer experience and reduces costs associated with it.
Product data within an organization may vary from department to another as each department handles a different aspect of a particular product offering such as sales, marketing or service delivery etcetera which requires different types of PIM solutions accordingly. These applications help in maintaining consistency across all channels and devices offering similar content thus driving its adoption within the industry over the coming years.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to the increasing adoption of cloud-based solutions and technological advancements. The region accounted for more than 30% revenue share in 2016, which can be attributed to the presence of major players such as Oracle Corporation; Cognizant; and Deloitte. Furthermore, growing demand for cloud-based PIM solutions among small & medium enterprises (SMEs) is anticipated to drive regional growth over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions from 2017 to 2030 due high adoption rates of advanced technologies such as big data analytics and digitalization across various industry verticals including banking, government & defense, telecom sector among others. Moreover, rising number of SMEs that lack resources required for effective information management will boost regional growth during the forecast period (2017 - 2030).
Growth Factors:
- Increasing demand for better customer experience: As customers get more accustomed to buying products online, they expect a smooth and satisfying purchase experience across all channels. This puts pressure on businesses to manage product information more efficiently and effectively. PIM systems can help organizations meet this challenge by providing a single source of truth for product data that is accessible across all sales and marketing channels.
- The need for omni-channel commerce: In order to keep up with the competition, businesses need to provide an omni-channel shopping experience that allows customers to buy products through any channel they prefer – whether it’s in store, online, or using a mobile device. PIM systems are essential for managing product information across multiple channels, ensuring that the same accurate data is displayed regardless of how or where the customer is making their purchase.
- Growing importance of big data analytics: With so much customer data being collected today, businesses need powerful tools to help them make sense of it all and gain insights that will improve their bottom line. Big data analytics can be used with PIM systems to gain valuable insights about customers, products, and sales trends – helping businesses make better decisions about what products to offer and how best to market them.
Scope Of The Report
Report Attributes
Report Details
Report Title
Product Infomation Management (PIM) Market Research Report
By Type
Customer Data, Product Data, Others
By Application
Banking, Finance and Insurance (BFSI), IT and Telecommunications, Government & Health Care, Manufacturing & Logistics
By Companies
SAP, Oracle, IBM, Informatica, Stibo Systems, TIBCO Software, Riversand Technologies, Orchestra Networks, EnterWorks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Product Infomation Management (PIM) Market Report Segments:
The global Product Infomation Management (PIM) market is segmented on the basis of:
Types
Customer Data, Product Data, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banking, Finance and Insurance (BFSI), IT and Telecommunications, Government & Health Care, Manufacturing & Logistics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP
- Oracle
- IBM
- Informatica
- Stibo Systems
- TIBCO Software
- Riversand Technologies
- Orchestra Networks
- EnterWorks
 Market Overview.svg)
Highlights of The Product Infomation Management (PIM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Customer Data
- Product Data
- Others
- By Application:
- Banking, Finance and Insurance (BFSI)
- IT and Telecommunications
- Government & Health Care
- Manufacturing & Logistics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Product Infomation Management (PIM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Product information management (PIM) is the process of managing product data to ensure that it is accurate, up-to-date, and useful. PIM includes activities such as creating product catalogs and descriptions, tracking inventory levels, and gathering customer feedback.
Some of the major players in the product infomation management (pim) market are SAP, Oracle, IBM, Informatica, Stibo Systems, TIBCO Software, Riversand Technologies, Orchestra Networks, EnterWorks.
The product infomation management (pim) market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Product Infomation Management (PIM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Product Infomation Management (PIM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Product Infomation Management (PIM) Market - Supply Chain
4.5. Global Product Infomation Management (PIM) Market Forecast
4.5.1. Product Infomation Management (PIM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Product Infomation Management (PIM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Product Infomation Management (PIM) Market Absolute $ Opportunity
5. Global Product Infomation Management (PIM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Product Infomation Management (PIM) Market Size and Volume Forecast by Type
5.3.1. Customer Data
5.3.2. Product Data
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Product Infomation Management (PIM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Product Infomation Management (PIM) Market Size and Volume Forecast by Application
6.3.1. Banking, Finance and Insurance (BFSI)
6.3.2. IT and Telecommunications
6.3.3. Government & Health Care
6.3.4. Manufacturing & Logistics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Product Infomation Management (PIM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Product Infomation Management (PIM) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Product Infomation Management (PIM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Product Infomation Management (PIM) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Product Infomation Management (PIM) Demand Share Forecast, 2019-2026
9. North America Product Infomation Management (PIM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Product Infomation Management (PIM) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Product Infomation Management (PIM) Market Size and Volume Forecast by Application
9.4.1. Banking, Finance and Insurance (BFSI)
9.4.2. IT and Telecommunications
9.4.3. Government & Health Care
9.4.4. Manufacturing & Logistics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Product Infomation Management (PIM) Market Size and Volume Forecast by Type
9.7.1. Customer Data
9.7.2. Product Data
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Product Infomation Management (PIM) Demand Share Forecast, 2019-2026
10. Latin America Product Infomation Management (PIM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Product Infomation Management (PIM) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Product Infomation Management (PIM) Market Size and Volume Forecast by Application
10.4.1. Banking, Finance and Insurance (BFSI)
10.4.2. IT and Telecommunications
10.4.3. Government & Health Care
10.4.4. Manufacturing & Logistics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Product Infomation Management (PIM) Market Size and Volume Forecast by Type
10.7.1. Customer Data
10.7.2. Product Data
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Product Infomation Management (PIM) Demand Share Forecast, 2019-2026
11. Europe Product Infomation Management (PIM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Product Infomation Management (PIM) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Product Infomation Management (PIM) Market Size and Volume Forecast by Application
11.4.1. Banking, Finance and Insurance (BFSI)
11.4.2. IT and Telecommunications
11.4.3. Government & Health Care
11.4.4. Manufacturing & Logistics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Product Infomation Management (PIM) Market Size and Volume Forecast by Type
11.7.1. Customer Data
11.7.2. Product Data
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Product Infomation Management (PIM) Demand Share, 2019-2026
12. Asia Pacific Product Infomation Management (PIM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Product Infomation Management (PIM) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Product Infomation Management (PIM) Market Size and Volume Forecast by Application
12.4.1. Banking, Finance and Insurance (BFSI)
12.4.2. IT and Telecommunications
12.4.3. Government & Health Care
12.4.4. Manufacturing & Logistics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Product Infomation Management (PIM) Market Size and Volume Forecast by Type
12.7.1. Customer Data
12.7.2. Product Data
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Product Infomation Management (PIM) Demand Share, 2019-2026
13. Middle East & Africa Product Infomation Management (PIM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Product Infomation Management (PIM) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Product Infomation Management (PIM) Market Size and Volume Forecast by Application
13.4.1. Banking, Finance and Insurance (BFSI)
13.4.2. IT and Telecommunications
13.4.3. Government & Health Care
13.4.4. Manufacturing & Logistics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Product Infomation Management (PIM) Market Size and Volume Forecast by Type
13.7.1. Customer Data
13.7.2. Product Data
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Product Infomation Management (PIM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Product Infomation Management (PIM) Market: Market Share Analysis
14.2. Product Infomation Management (PIM) Distributors and Customers
14.3. Product Infomation Management (PIM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Oracle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IBM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Informatica
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stibo Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TIBCO Software
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Riversand Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Orchestra Networks
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EnterWorks
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
