The global product information management market size was USD 14.45 billion in 2023, estimated at USD 17.40 billion in 2024 and is anticipated to reach around USD 106.40 billion by 2034, expanding at a CAGR of 19.85% from 2024 to 2034.
The global product information management market size accounted for USD 17.40 billion in 2024 and is predicted to reach around USD 106.40 billion by 2034, growing at a CAGR of 19.85% from 2024 to 2034.
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The U.S. product information management market size was estimated at USD 3.84 billion in 2023 and is predicted to be worth around USD 28.55 billion by 2034, at a CAGR of 20% from 2024 to 2034.
North America dominated the market with the highest revenue share in 2023. The product information management market in North America region is being driven by the existence of significant market players. In addition, technological developments and adoption of latest and advanced technologies, growing research and development activities are boosting expansion of product information management market in North America region.
Asia-Pacific is expected to develop at the fastest rate during the forecast period. China and India dominated the product information management market in Asia-Pacific region. The growth of product information management market in Asia-Pacific region is attributed to the rising need for data storage and security. The enormous market potential in Asia-Pacific is projected to entice several foreign companies to grow there. The Indian e-commerce sector, for instance, is predicted to reach $200 billion by the end of 2026, up from 38.5 billion in 2017. In addition, the growing internet and smartphone penetration is driving the growth of Asia-Pacific product information management market.
With the help of product information management systems, various organizations store data and information that is very crucial in nature. One of the key factors driving the growth of global product information management market is the surge in demand for centralized system for data storage. The firms can effortlessly manage and organize all of their product data due to centralized data storage. The data sources are modified with a single modification in the centralized data repository, reducing data administration costs and time. Due to the expanding number of risks to data security, compliance and verification needs are also increasing.
The COVID-19 pandemic in 2020 had a positive impact on corporate demand for product information management equipment. The product information management retail demand is expected to grow in 2020 as a result of rising worldwide e-commerce platforms or online sales channel penetration. The product information management market players would have more options as a result of this. Even during COVID-19 outbreak, the e-commerce industry saw an increase in demand. The product information management software is in high demand, especially in the retail business, because it allows producers to get information into the dynamic online marketplace. The product information management also offers solutions that allow businesses to keep track of their product visibility across a variety of websites.
Due to the existence of multinational and regional market players, the product information management industry is quite fragmented. The global product information management market is likely to be highly consolidated, with firms employing strategies such as acquisitions and mergers and product launch to retain their market share in a competitive market. In addition, key market players are also collaborating with government agencies for creating their market position in global product information management market.
The product information management solutions are used to efficiently handle all of the sales channel. The incorporation of big data analytics, cloud storage, and business intelligence provides the sector with enormous development potential. The global product information management market’s expansion is hampered, however, by a lack of awareness regarding product information management. The growing concerns over data security are also predicted to limit the expansion of global product information management market over the forecast period.
The product information management solutions and software are gaining momentum in the global market. This is attributed to the rising applications of product information management in e-commerce platforms and retail sector. The product information management is helping offline retail stores for growth and development all over the world. Furthermore, the demand for software as a service version of corporate software has soared. The cloud-based product information management is gaining traction among businesses that value simplicity of deployment and collaboration as well as cost and scalability. Thus, all of these aforementioned factors are driving the growth of global product information management market.
| Report Coverage | Details |
| Market Size by 2033 | USD 106.40 Billion |
| Market Size in 2023 | USD 14.45 Billion |
| Market Size in 2024 | USD 17.40 Billion |
| Market Growth Rate from 2023 to 2034 | CAGR of 19.85% |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2034 |
| Segments Covered | By Component, By Deployment, By Enterprise Size, By End Use, and By Operating System |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The services segment dominated the product information management market in 2023. The market players offer support, training, and servicing to help in-house employees understand product information management systems. These services are a low-cost way to ensure that in house employees are performing at their best. As some businesses lack the ability to understand the intricacies of implementing product information management, end users involve maintenance services. The product information management solutions require these services to function properly.
The large enterprises segment dominated the product information management market in 2023. The use of product information management services and solutions is higher in large organizations, and this trend is projected to continue over the projection period. The product information management designed to handle product information across industries using a single centralized system.
To increase overall production and efficiency, large corporations are funding heavily in novel technology. The demand for scalable, flexible, and easy large-scale services is expected to accelerate industry participants to develop new solutions and technologies.
The retail segment accounted largest market share in 2023. Due to the increased concentrate on developing customer experience and the implementation of retail analytics and artificial intelligence technologies in the e-commerce and retail industries, the e-commerce and retail business is predicted to have the greatest development of product information management. As per the Shopify, the worldwide e-commerce market will be valued $4.97 trillion by 2021, representing 400% rise in upcoming years. E-commerce sales are predicted to account for 13.7% of worldwide retail sales in 2019, with 1.92 billion worldwide digital buyers.
Market Segmentation:
By Component
By Deployment
By Enterprise Size
By End Use
By Operating System
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Product Information Management Market
5.1. COVID-19 Landscape: Product Information Management Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Product Information Management Market, By Operating System Type
8.1. Product Information Management Market, by Operating System Type, 2024-2034
8.1.1. iOS
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Windows
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Android
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2021-2034)
Chapter 9. Global Product Information Management Market, By End Use Type
9.1. Product Information Management Market, by End Use Type, 2024-2034
9.1.1. BFSI
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Retail
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Manufacturing
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Telecom and IT
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Transportation and logistics
9.1.5.1. Market Revenue and Forecast (2021-2034)
9.1.6. Media and entertainment
9.1.6.1. Market Revenue and Forecast (2021-2034)
9.1.7. Other
9.1.7.1. Market Revenue and Forecast (2021-2034)
Chapter 10. Global Product Information Management Market, By Enterprise Size
10.1. Product Information Management Market, by Enterprise Size, 2024-2034
10.1.1. Large Enterprises
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Small & Medium Enterprises (SMEs)
10.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 11. Global Product Information Management Market, By Deployment Type
11.1. Product Information Management Market, by Deployment Type, 2024-2034
11.1.1. On-premise
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Cloud
11.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 12. Global Product Information Management Market, By Component Type
12.1. Product Information Management Market, by Component, 2024-2034
12.1.1. Solution
12.1.1.1. Market Revenue and Forecast (2021-2034)
12.1.2. Services
12.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 13. Global Product Information Management Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.1.2. Market Revenue and Forecast, by End Use (2021-2034)
13.1.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.1.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.1.5. Market Revenue and Forecast, by Component (2021-2034)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.1.6.2. Market Revenue and Forecast, by End Use (2021-2034)
13.1.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.1.6.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.1.7. Market Revenue and Forecast, by Component (2021-2034)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.1.8.2. Market Revenue and Forecast, by End Use (2021-2034)
13.1.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.1.8.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.1.8.5. Market Revenue and Forecast, by Component (2021-2034)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.2.2. Market Revenue and Forecast, by End Use (2021-2034)
13.2.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.2.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.2.5. Market Revenue and Forecast, by Component (2021-2034)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.2.6.2. Market Revenue and Forecast, by End Use (2021-2034)
13.2.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.2.7. Market Revenue and Forecast, by Deployment (2021-2034)
13.2.8. Market Revenue and Forecast, by Component (2021-2034)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.2.9.2. Market Revenue and Forecast, by End Use (2021-2034)
13.2.9.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.2.10. Market Revenue and Forecast, by Deployment (2021-2034)
13.2.11. Market Revenue and Forecast, by Component (2021-2034)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.2.12.2. Market Revenue and Forecast, by End Use (2021-2034)
13.2.12.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.2.12.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.2.13. Market Revenue and Forecast, by Component (2021-2034)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.2.14.2. Market Revenue and Forecast, by End Use (2021-2034)
13.2.14.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.2.14.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.2.15. Market Revenue and Forecast, by Component (2021-2034)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.3.2. Market Revenue and Forecast, by End Use (2021-2034)
13.3.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.3.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.3.5. Market Revenue and Forecast, by Component (2021-2034)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.3.6.2. Market Revenue and Forecast, by End Use (2021-2034)
13.3.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.3.6.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.3.7. Market Revenue and Forecast, by Component (2021-2034)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.3.8.2. Market Revenue and Forecast, by End Use (2021-2034)
13.3.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.3.8.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.3.9. Market Revenue and Forecast, by Component (2021-2034)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.3.10.2. Market Revenue and Forecast, by End Use (2021-2034)
13.3.10.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.3.10.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.3.10.5. Market Revenue and Forecast, by Component (2021-2034)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.3.11.2. Market Revenue and Forecast, by End Use (2021-2034)
13.3.11.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.3.11.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.3.11.5. Market Revenue and Forecast, by Component (2021-2034)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.4.2. Market Revenue and Forecast, by End Use (2021-2034)
13.4.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.4.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.4.5. Market Revenue and Forecast, by Component (2021-2034)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.4.6.2. Market Revenue and Forecast, by End Use (2021-2034)
13.4.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.4.6.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.4.7. Market Revenue and Forecast, by Component (2021-2034)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.4.8.2. Market Revenue and Forecast, by End Use (2021-2034)
13.4.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.4.8.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.4.9. Market Revenue and Forecast, by Component (2021-2034)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.4.10.2. Market Revenue and Forecast, by End Use (2021-2034)
13.4.10.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.4.10.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.4.10.5. Market Revenue and Forecast, by Component (2021-2034)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.4.11.2. Market Revenue and Forecast, by End Use (2021-2034)
13.4.11.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.4.11.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.4.11.5. Market Revenue and Forecast, by Component (2021-2034)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.5.2. Market Revenue and Forecast, by End Use (2021-2034)
13.5.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.5.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.5.5. Market Revenue and Forecast, by Component (2021-2034)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.5.6.2. Market Revenue and Forecast, by End Use (2021-2034)
13.5.6.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.5.6.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.5.7. Market Revenue and Forecast, by Component (2021-2034)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Operating System (2021-2034)
13.5.8.2. Market Revenue and Forecast, by End Use (2021-2034)
13.5.8.3. Market Revenue and Forecast, by Enterprise Size (2021-2034)
13.5.8.4. Market Revenue and Forecast, by Deployment (2021-2034)
13.5.8.5. Market Revenue and Forecast, by Component (2021-2034)
Chapter 14. Company Profiles
14.1. Oracle
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. SAP
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. IBM
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Informatica
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Pimcore
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Akeneo
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Inriver
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Winshuttle
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Riversand
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Salsify
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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