TMCnet News

Global Product Information Management Market to Grow 25.5% by 2023 - Increasing Demand for Cloud-based Solutions - Research and Markets
[May 12, 2017]

Global Product Information Management Market to Grow 25.5% by 2023 - Increasing Demand for Cloud-based Solutions - Research and Markets


Research and Markets has announced the addition of the "Global Product Information Management Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report to their offering.

The global product information management market is expected to grow with the CAGR of approximately 25.5% during the forecast period (2016-2023).

Product information management system enables fast and easy access to the information as well as at the same time, the data storage methods supports in continuing the data quality. It enables to reduce the time that is required to complete several processes such as data storage and development in operational efficiency. The product information management market growth is primarily driven by the increasing demand for cloud-based solutions. Increasing complexity is pertaining to retaining and managing big data due to which organizations are broadly using cloud-based solutions for installing the central depositor for their master data. The large enterprises and SMBs are installing cloud-based PIM solutions to provide flexibility and independence as well as managing big data sources.



Using cloud-based PIM solutions, the organizations can easily increase their return on investment (RoI), decrease upfront costs, expand their customer base and manage data quality. Thus, large enterprises are gradually shifting to cloud-based PIM solutions. Furthermore, increasing demand for centralized data storage and application across major verticals such as healthcare, retail etc. has also led the market growth across the globe. However, data security concerns and low awareness regarding PIM solutions are the major restraints for the product information management market.

Companies Mentioned


  • Adam Software Nv
  • Agility Multichannel
  • Arvato
  • Enterworks
  • IBM
  • Informatica
  • Infosys
  • Inriver Ab
  • Microsoft (News - Alert) Corporation
  • Oracle Corporation
  • Pimcore
  • Riversand Technologies Inc.
  • Salesforce
  • Sap Ag
  • Stibo Systems

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/3z4x85/global_product


[ Back To TMCnet.com's Homepage ]