Overview:
The global product information management market expected to witness a significant growth, expanding at a CAGR of 17.5% during the forecast period from 2018 to 2026. The growth is primarily due to the increasing need for creating centralized repository to manage important information related to the products. The main purpose of product information management is to securely store product information so that it can be easily extracted, retrieved, assessed and utilized. Without a proper product information management system in place, these processes can be very time consuming and cumbersome. Product information management is helpful in providing safe and secure access to the information that is stored in the centralized system. It enables easy and quick access to the repository information and at the same time provides strategic data storage techniques while maintaining data quality. As a result, increasing demand for centralizing product data information is driving the growth prospects of product information management market worldwide.
Product information management streamlines and automates the business process for consistent, efficient and accurate management of product content. In any business organization where the product information is scattered across different departments/verticals, product information management tool is a requisite. It helps collecting information from different departments and transform them into one product data that is accessible to everyone. Management of product information aids businesses in reducing the overall time and cost required for generating, storing, publishing, and managing information. Product information management is the most commonly used thread that runs through e-commerce, sales and marketing domains.
Rapid growth of the e-commerce industry is another significant factor facilitating the growth of product information management market. The e-commerce sector has given rise to multi-channel retailing, wherein distinct channels require distinct versions of product information. Organizations with high volume inventories must have accurate and up-to-date product information. The cost of inaccurate inventory, incorrect shipments, returned items, and other errors can have significant impact on the profitability of a business organization. Rise in multichannel commerce, online retailing, etc. have led to an exponential growth in product data and also has raised complexities of managing it. This in turn has increased the adoption of product information management solutions for managing information of products across multiple sales channels and locations.
Market Snapshot
Software held Largest Market Share in 2017
Based on offerings, the global product information management market was dominated by the software segment in 2017 and likely to remain dominant throughout the forecast period from 2018 to 2026. Product information management software saves time and money, reduces error in product information and customer orders, allows flexibility with evolving products, helps in offering uniform customer experience across all channels, etc. As a result, due to the aforementioned benefits of PIM software coupled with the rising need of enterprises to harmonize and centralize all the marketing and technical information of their products and catalogs is boosting the segment growth, which in turn facilitating the growth of the overall product information management market.
Cloud-based Model Likely to emerge as the Fastest Growing Segment during the Forecast Period from 2018 to 2026
Based on deployment model, on-premise segment led the market in 2017. The security features offered by on-premise model over cloud is mainly supporting the growth of this segment. Several organizations across the globe are still largely dependent on on-premise deployment model. However, with an on-premise product information management tool, as the product catalogue grows, number of users increase and the requirements get more demanding. As a result, the infrastructure and servers age, affecting the performance of product information management software. The market is already witnessing paradigm shift from on-premise to cloud and therefore cloud-based model projected to emerge as the fastest growing segment during the forecast period from 2018 to 2026. In order to address enterprise-wide use cases, cloud-based product information management solutions have remarkable product features and offer faster roadmap to address requirements as businesses evolve. By moving product information management to cloud, companies can harness the full capabilities of accurate data for promoting innovation, decreasing cost of quality, exceeding customer expectations and drive revenues.
North America Leads the Product Information Management Market Globally
The product information management market, based on geography was dominated by North America in 2017 and expected to demonstrate notable growth during the forecast period from 2018 to 2026. The presence of prominent players such as IBM (International Business Machines Corporation), Oracle Corporation, Edgenet, Inc., Informatica, Netcracker, Inc., and Salsify, Inc. supports the market growth and likely to provide lucrative opportunities for the growth of product information management market in the region. Moreover, North America has been extremely responsive towards adopting latest technological advancements such as integration of big data and business intelligence (BI) tools within product information management solutions, which in turn supports the regional growth.
Competitive Insights
Major players in the product information management market include Aprimo LLC, Agility Multichannel Limited, Akeneo, Catsy, Censhare AG, Edgenet, Inc., International Business Machines Corporation, Informatica, inRiver AB, Netcracker, Inc., Oracle Corporation, Pimcore GmbH, Plytix, Riversand Technologies, Inc., Salsify, Inc., SAP SE, and Shotfarm among others
The product information management market appears fragmented and competitive in nature owing to the presence of regional as well as international players. Partnerships, mergers & acquisitions and product innovation remain some of the key strategies adopted by the players to strengthen their position and achieve competitive edge over other players in the global product information management market. For instance, in January 2018, Akeneo, one of the leading provider of product information management solutions acquired Sigmento, an Israel-based product data automation company. The acquisition has strengthened Akeneo’s position amongst the product information management providers and will reinforce the Company’s mission to aid end users turn product information into influential brand assets.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018 - 2026 – Forecast Period
The research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Product information management market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global product information management market based on offerings, deployment model, end-use vertical and geography. Key segments covered in the report are as follows:
Offerings Segment (2016 – 2026; US$ Mn)
Deployment Model (2016 – 2026; US$ Mn)
End-use Vertical Segment (2016 – 2026; US$ Mn)
Geography Segment (2016-2026; US$ Mn)
Key questions answered in this report
Unique data points of this report
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III – Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Product Information Management Market
2.2. Global Product Information Management Market, by Offerings, 2017 (US$ Mn)
2.3. Global Product Information Management Market, by Deployment Model, 2017 (US$ Mn)
2.4. Global Product Information Management Market, by End-use Vertical, 2017 (US$ Mn)
2.5. Global Product Information Management Market, by Geography, 2017 (US$ Mn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global Product Information Management Market Value, 2016 – 2026, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. See-Saw Analysis
3.3.1. Impact Analysis of Drivers and Restraints
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Market Positioning of Key Players, 2017
3.5.1. Major Strategies Adopted by Key Players
4. Global Product Information Management Market, by Offerings , 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Software
4.3. Services
5. Global Product Information Management Market, by Deployment Model , 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. On-premise
5.3. Cloud-based
6. Global Product Information Management Market, by End-use Vertical , 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. Automotive
6.3. BFSI
6.4. Healthcare
6.5. IT & Telecom
6.6. Manufacturing
6.7. Media & Entertainment
6.8. Retail & E-commerce
6.9. Transportation & Logistics
6.10. Others (Government, Energy & Utilities, etc.)
7. North America Product Information Management Market Analysis, 2016 – 2026 (US$ Mn)
7.1. Overview
7.1.1. North America Product Information Management Market Value and Growth, 2016 – 2026, (US$ Mn)
7.2. North America Product Information Management Market Value, By Offerings, 2016 – 2026 (US$ Mn)
7.2.1. Market Analysis
7.3. North America Product Information Management Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
7.3.1. Market Analysis
7.4. North America Product Information Management Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
7.4.1. Market Analysis
7.5. North America Product Information Management Market Value, By Country, 2016 – 2026 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America
8. Europe Product Information Management Market Analysis, 2016 – 2026 (US$ Mn)
8.1. Overview
8.1.1. Europe Product Information Management Market Value and Growth, 2016 – 2026, (US$ Mn)
8.2. Europe Product Information Management Market Value, By Offerings, 2016 – 2026 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe Product Information Management Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe Product Information Management Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe Product Information Management Market Value, By Country, 2016 – 2026 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe
9. Asia Pacific Product Information Management Market Analysis, 2016 – 2026 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific Product Information Management Market Value and Growth, 2016 – 2026, (US$ Mn)
9.2. Asia Pacific Product Information Management Market Value, By Offerings, 2016 – 2026 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific Product Information Management Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific Product Information Management Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific Product Information Management Market Value, By Country, 2016 – 2026 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific
10. Rest of the World Product Information Management Market Analysis, 2016 – 2026 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World Product Information Management Market Value and Growth, 2016 – 2026, (US$ Mn)
10.2. Rest of the World Product Information Management Market Value, By Offerings, 2016 – 2026 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World Product Information Management Market Value, By Deployment Model, 2016 – 2026 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World Product Information Management Market Value, By End-use Vertical, 2016 – 2026 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World Product Information Management Market Value, By Region, 2016 – 2026 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America
11. Company Profiles
11.1. Aprimo LLC
11.2. Agility Multichannel Limited
11.3. Akeneo
11.4. Catsy
11.5. Censhare AG
11.6. Edgenet, Inc.
11.7. International Business Machines Corporation
11.8. Informatica
11.9. inRiver AB
11.10. Netcracker, Inc.
11.11. Oracle Corporation
11.12. Pimcore GmbH
11.13. Plytix
11.14. Riversand Technologies, Inc.
11.15. Salsify, Inc.
11.16. SAP SE
11.17. Shotfarm
FIG. 1 Global Product Information Management Market: Research Methodology
FIG. 2 Market Size Estimation – Top-Down and Bottom Up Approach
FIG. 3 Global Product Information Management Market Segmentation
FIG. 4 Global Product Information Management Market, by Offerings, 2017 (US$ Mn)
FIG. 5 Global Product Information Management Market, by Deployment Model, 2017 (US$ Mn)
FIG. 6 Global Product Information Management Market, by End-use Vertical, 2017 (US$ Mn)
FIG. 7 Global Product Information Management Market, by Geography, 2017 (US$ Mn)
FIG. 8 Global Product Information Management Market Value, 2016 - 2026, (US$ Mn) and (Y-o-Y%)
FIG. 9 See-Saw Analysis: Global Product Information Management Market
FIG. 10 Attractive Investment Proposition, by Geography, 2017
FIG. 11 Global Market Positioning of Key Product Information Management Providers, 2017
FIG. 12 Global Product Information Management Market Value Share, by Offerings, 2017 & 2026 (Value %)
FIG. 13 Global Product Information Management Market for Software, 2016 – 2026, (US$ Mn)
FIG. 14 Global Product Information Management Market for Services, 2016 – 2026, (US$ Mn)
FIG. 15 Global Product Information Management Market Value Share, by Deployment Model, 2017 & 2026 (Value %)
FIG. 16 Global On-premise Product Information Management Market, 2016 – 2026, (US$ Mn)
FIG. 17 Global Cloud-based Product Information Management Market, 2016 – 2026, (US$ Mn)
FIG. 18 Global Product Information Management Market Value Share, by End-use Vertical, 2017 & 2026 (Value %)
FIG. 19 Global Product Information Management Market Value for Automotive, 2016 – 2026 (US$ Mn)
FIG. 20 Global Product Information Management Market Value for BFSI, 2016 – 2026 (US$ Mn)
FIG. 21 Global Product Information Management Market Value for Healthcare, 2016 – 2026 (US$ Mn)
FIG. 22 Global Product Information Management Market Value for IT & Telecom, 2016 – 2026 (US$ Mn)
FIG. 23 Global Product Information Management Market Value for Manufacturing, 2016 – 2026 (US$ Mn)
FIG. 24 Global Product Information Management Market Value for Media & Entertainment, 2016 – 2026 (US$ Mn)
FIG. 25 Global Product Information Management Market Value for Retail & E-commerce, 2016 – 2026 (US$ Mn)
FIG. 26 Global Product Information Management Market Value for Transportation & Logistics, 2016 – 2026 (US$ Mn)
FIG. 27 Global Product Information Management Market Value for Others, 2016 – 2026 (US$ Mn)
FIG. 28 North America Product Information Management Market Value, 2016 – 2026, (US$ Mn)
FIG. 29 U.S. Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 30 Rest of North America Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 31 Europe Product Information Management Market Value, 2016 – 2026, (US$ Mn)
FIG. 32 U.K. Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 33 Germany Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 34 France Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 35 Rest of Europe Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 36 Asia Pacific Product Information Management Market Value, 2016 – 2026, (US$ Mn)
FIG. 37 Japan Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 38 China Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 39 India Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 40 Rest of Asia Pacific Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 41 RoW Product Information Management Market Value, 2016 – 2026, (US$ Mn)
FIG. 42 Middle East & Africa (MEA) Product Information Management Market Value, 2016-2026, (US$ Mn)
FIG. 43 Latin America Product Information Management Market Value, 2016-2026, (US$ Mn)
TABLE 1 Market Snapshot: Global Product Information Management Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 5 Global Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 6 Global Product Information Management Market, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 7 North America Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 8 North America Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 9 North America Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 10 North America Product Information Management Market Value, by Region/Country, 2016 - 2026 (US$ Mn)
TABLE 11 U.S. Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 12 U.S. Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 13 U.S. Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 14 Rest of North America Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 15 Rest of North America Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 16 Rest of North America Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 17 Europe Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 18 Europe Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 19 Europe Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 20 Europe Product Information Management Market Value, by Region/Country, 2016 – 2026 (US$ Mn)
TABLE 21 U.K. Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 22 U.K. Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 23 U.K. Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 24 Germany Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 25 Germany Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 26 Germany Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 27 France Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 28 France Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 29 France Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 30 Rest of Europe Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 31 Rest of Europe Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 32 Rest of Europe Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 33 Asia Pacific Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 34 Asia Pacific Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 35 Asia Pacific Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 36 Asia Pacific Product Information Management Market Value, by Region/Country, 2016 – 2026 (US$ Mn)
TABLE 37 Japan Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 38 Japan Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 39 Japan Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 40 China Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 41 China Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 42 China Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 43 India Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 44 India Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 45 India Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 46 Rest of Asia Pacific Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 47 Rest of Asia Pacific Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 48 Rest of Asia Pacific Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 49 Rest of the World Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 50 Rest of the World Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 51 Rest of the World Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 52 Rest of the World Product Information Management Market Value, by Region, 2016 - 2026 (US$ Mn)
TABLE 53 Middle East & Africa Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 54 Middle East & Africa Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 55 Middle East & Africa Product Information Management Market Value, by End-use Vertical, 2016 – 2026 (US$ Mn)
TABLE 56 Latin America Product Information Management Market, by Offerings, 2016-2026 (US$ Mn)
TABLE 57 Latin America Product Information Management Market, by Deployment Model, 2016 – 2026 (US$ Mn)
TABLE 58 Aprimo LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 Agility Multichannel Limited.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 Akeneo: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 Catsy: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 Censhare AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 Edgenet, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 International Business Machines Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 65 Informatica: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 66 inRiver AB: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 67 Netcracker, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 68 Oracle Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 69 Pimcore GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 70 Plytix: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 71 Riversand Technologies, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 72 Salsify, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 73 SAP SE: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 74 Shotfarm: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
