The Europe Product Information Management (PIM) Market would witness market growth of 10.5% CAGR during the forecast period (2020-2026). Data and information are the backbones of any company because of the increasing growth in data generation. Nowadays, there are many professionals who have started paying attention to product information management (PIM) systems owing to the increasing demand for offering a superior customer experience.
A software solution that helps in managing and organizing a huge number of products across different locations and distribution channels is known as Product Information management (PIM). PIM provides the customization of the products to align them with the customers’ requirements and expectations. It decreases the time taken to market the product and increases the data quality of the product. The PIM software combines the internally available product data from ERPs, data warehouses, websites, and operational support systems.
A software solution that helps in managing and organizing a huge number of products across different locations and distribution channels is known as Product Information management (PIM). PIM provides the customization of the products to align them with the customers’ requirements and expectations. It decreases the time taken to market the product and increases the data quality of the product. The PIM software combines the internally available product data from ERPs, data warehouses, websites, and operational support systems.
PIM systems aid many companies to combine different product information from different sources. This includes product attributes (SKU, cost, and pricing), product-related metrics, product specifications (e.g., dimensions, warranty, etc.), core product data (product name, title, and description), Omnichannel product information (e.g., mobile copy), store-specific information and expanded range of distribution channel information.
Based on Component, the market is segmented into Solution and Services. Solution segment is further bifurcated across Multi Domain and Single Domain. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on End User, the market is segmented into Consumer Goods & Retail, BFSI, Telecom & IT, Manufacturing, Transportation & logistics, Media & Entertainment and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Product Information Management (PIM) Market in Europe is expected to register a CAGR of 10.5% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Oracle Corporation, Informatica, LLC, Salsify, Inc., Syndigo, LLC, inRiver AB, Akeneo SAS, Plytix Limited, and Stibo Systems, Inc. (The Stibo Group)
By Component
By Deployment Type
By Organization size
By End User
By Country
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