The latest research report by Emergen Research, named ‘Global Product Information Management Market - Forecast to 2028’, entails a comprehensive review of the global Product Information Management market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period.

The global product information management market size is expected to reach USD 24.39 Billion in 2028 and register a steady CAGR over the forecast period. Steady market revenue growth can be attributed to rising need for providing enhanced consumer experience. In addition, increasing pressure on distributors to provide more informative and functional B2B online customer experience that includes high-quality product information is expected to continue to drive adoption of product information management systems going ahead.

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Product information management in business applications help to address challenges posed by proliferation of product information, increasing buyer demand, necessity of managing inventory levels, sales orders, and customer returns. With the help of product information management, distributors can ensure better accuracy of the information provided by their manufacturers and internal Enterprise Resource Planning (ERP) and inventory management systems. Rising need to manage increasing volumes of product data owing to steady growth in e-Commerce and retail businesses has resulted in rising adoption of product information management systems.

Some major companies in the market report include Oracle, SAP, IBM, Informatica, Winshuttle, Pimcore, Akeneo, Riversand Technologies, Inc., Salsify Inc., and Aprimo.

Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Product Information Management market
• Sales revenue by key players and new entrants
• Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight into recent trends and opportunities

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Emergen Research has segmented the global product information management market on the basis of offering, deployment, end-use, and region:

Offering Outlook (Revenue, USD Billion; 2018–2028)

Services

Solution

Deployment Outlook (Revenue, USD Billion; 2018–2028)

On-premise

Cloud

End-use Outlook (Revenue, USD Billion; 2018–2028)

Media Entertainment

BFSI

Healthcare

Retail

IT and Telecommunication

Energy Utilities

Transportation and Logistics

Others

Key Highlights from the Report

In June 2020, Winshuttle, which is the leader in data management and process automation software, announced a partnership with ABBY, which is the leader in Intelligent Document Processing.

The partnership is expected to help enterprises transform their strategic processes to digital and deliver “Inbox to SAP.”

Services segment accounted for largest revenue share in 2020. Companies offering product information management systems are providing support, training, and maintenance services to assist in-house staff in understanding product information management systems, which is driving growth of the services segment.

To view the detailed ToC of the global Product Information Management market report, visit @ https://www.emergenresearch.com/industry-report/product-information-management-market

Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Product Information Management market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global Product Information Management market into various regions, including:

• North America (U.S., Canada)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

What will be the estimated growth rate of the Product Information Management market by 2028?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Product Information Management market throughout the forecast period?

What are the current and future market trends of the Product Information Management market?

What are the sales and price analysis of the product by types, applications, and regions?

What are the expected opportunities for the companies and new entrants in the coming years?

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