US Product Information Management Market Size study, by Deployment (Cloud, On-premise), By Enterprise Type (Small & Medium Enterprises, Large Enterprises), By End-user (Retail & E-commerce, Manufacturing, IT & Telecommunication, Healthcare, Automotive, Others), Forecasts 2022-2032
US Product Information Management Market is valued approximately USD 290 million in 2023 and is anticipated to grow with a healthy growth rate of more than 11.93% over the forecast period 2024-2032. Product information management (PIM) solutions encompass processes and tools designed to consolidate and oversee a company's product information, ensuring a unified and precise representation of product data. PIM enables businesses to efficiently gather comprehensive data about their products and services by providing a centralized platform. This approach facilitates the maintenance of uniform and high-quality product information across all customer touchpoints, promoting better customer experiences and operational efficiency. PIM simplifies the management of complex product details like size, ingredients, weight, colors, and specifications, catering to the evolving needs of retailers, manufacturers, and wholesalers who require a centralized platform. PIM maintains data consistency and quality while streamlining internal and external marketing processes by consolidating product data from multiple sources into a single repository. This growing adoption of PIM solutions across various industries leads to improved customer experiences and optimized omnichannel strategies. The increasing use of advanced technology by the region's businesses to reduce manual labor and improve processes is a key trend for the growth of the US Product Information Management Market.
The rise in surge in e-commerce activities witnessed a positive influence on the growth of the US Product Information Management Market. According to the United States Census Bureau, the total e-commerce sales for 2023 reached approximately USD 1,118.7 billion, marking a 7.6 percent increase compared to 2022. E-commerce sales constituted 15.4 percent of total sales in 2023, reflecting a growth from 14.7 percent in 2022. The strong presence of key market players in North America is poised to further propel the market's growth. The widespread adoption of this software within the retail and e-commerce sectors is playing a pivotal role in driving e-commerce sales in countries like the U.S. and Canada across the North American region. However, concern related to data security and privacy risks, along with varied data and government regulations across industries and regions is anticipated to stifle market growth between 2022 and 2032.
Major market player included in this report are:
Oracle Corporation (US)
IBM Corporation (US)
Salsify Inc. (U.S.)
Syndigo LLC (U.S.)
Stibo Systems (U.S.)
Pimcore (U.S.)
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Deployment
Cloud
On-premise
By Enterprise Type
Small & Medium Enterprises
Large Enterprises
By End-user
Retail & E-commerce
Manufacturing
IT & Telecommunication
Healthcare
Automotive
Others
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
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- Chapter 1. US Product Information Management Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer’s Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
- Chapter 2. Executive Summary
- 2.1. US Product Information Management Market Size & Forecast (2022- 2032)
- 2.2. Segmental Summary
- 2.2.1. By Deployment
- 2.2.2. By Enterprise Type
- 2.2.3. By End-user
- 2.3. Key Trends
- 2.4. Recession Impact
- 2.5. Analyst Recommendation & Conclusion
- Chapter 3. US Product Information Management Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
- Chapter 4. US Product Information Management Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. US Product Information Management Market Size & Forecasts by Deployment 2022-2032
- 5.1. Cloud
- 5.2. On-premise
- Chapter 6. US Product Information Management Market Size & Forecasts by Enterprise Type 2022-2032
- 6.1. Small & Medium Enterprises
- 6.2. Large Enterprises
- Chapter 7. US Product Information Management Market Size & Forecasts by End-user 2022-2032
- 7.1. Retail & E-commerce
- 7.2. Manufacturing
- 7.3. IT & Telecommunication
- 7.4. Healthcare
- 7.5. Automotive
- 7.6. Others
- Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Oracle Corporation (US)
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. IBM Corporation (US)
- 8.3.3. Salsify Inc. (U.S.)
- 8.3.4. Syndigo LLC (U.S.)
- 8.3.5. Stibo Systems (U.S.)
- 8.3.6. Pimcore (U.S.)
- 8.3.7. Company 7
- 8.3.8. Company 8
- 8.3.9. Company 9
- 8.3.10. Company 10
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- List of Tables
- TABLE 1. US Product Information Management Market, report scope
- TABLE 2. US Product Information Management Market estimates & forecasts by Deployment 2022-2032 (USD Million)
- TABLE 3. US Product Information Management Market estimates & forecasts by Enterprise Type 2022-2032 (USD Million)
- TABLE 4. US Product Information Management Market estimates & forecasts by End-user 2022-2032 (USD Million)
- TABLE 5. US Product Information Management Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 6. US Product Information Management Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 7. US Product Information Management Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 8. US Product Information Management Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 9. US Product Information Management Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 10. U.S. Product Information Management Market estimates & forecasts, 2022-2032 (USD Million)
- TABLE 11. U.S. Product Information Management Market estimates & forecasts by segment 2022-2032 (USD Million)
- TABLE 12. U.S. Product Information Management Market estimates & forecasts by segment 2022-2032 (USD Million)
- TABLE 13. List of secondary sources, used in the study of US Product Information Management Market.
- TABLE 14. List of primary sources, used in the study of US Product Information Management Market.
- TABLE 15. Years considered for the study.
- TABLE 16. Exchange rates considered.
- List of figures
- FIGURE 1. US Product Information Management Market, research methodology
- FIGURE 2. US Product Information Management Market, market estimation techniques
- FIGURE 3. US market size estimates & forecast methods.
- FIGURE 4. US Product Information Management Market, key trends 2023
- FIGURE 5. US Product Information Management Market, growth prospects 2022-2032
- FIGURE 6. US Product Information Management Market, porters 5 force model
- FIGURE 7. US Product Information Management Market, pestel analysis
- FIGURE 8. US Product Information Management Market, value chain analysis
- FIGURE 9. US Product Information Management Market by segment, 2022 & 2032 (USD Million)
- FIGURE 10. US Product Information Management Market by segment, 2022 & 2032 (USD Million)
- FIGURE 11. US Product Information Management Market by segment, 2022 & 2032 (USD Million)
- FIGURE 12. US Product Information Management Market by segment, 2022 & 2032 (USD Million)
- FIGURE 13. US Product Information Management Market by segment, 2022 & 2032 (USD Million)
- FIGURE 14. US Product Information Management Market, company market share analysis (2023)
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