Product Information Management Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2027
Based on the analysis carried out by Future Market Insights, the global product information management software market is anticipated to exhibit stellar growth during the period of forecast, 2017-2027. The product information management market witnessed a continuous growth path since past couple of years and is likely to retain its status quo in the years to follow.
According to this extensive research report, the global product information management market is expected to grow at a stellar CAGR of 21.0% throughout the period of assessment. In 2017, it was valued at around US$ 1.8 Bn and is poised to reflect a value of above US$ 12 Bn by the end of 2027.
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Retail sector to lead the global market for product information management software tools
Retail segment in the industry category is anticipated to dominate the global market in the years to follow. The retail sector highly contributed to the growth of the global product information management market by reflecting higher revenue generation since 2016. The retail segment was valued at around US$ 389 Mn in 2017 and is estimated to reach a huge value more than US$2.5 Bn by the end of 2027. This segment is projected to grow at a healthy pace to register a high CAGR of 21.9% during the period of assessment.
Market Segmentation
The research report on global product information management market covers an in-depth market segmentation that focuses on component, deployment, industry, enterprise type and region.
By Component
- Software
- Multi-Domain Product Information
- Single-Domain Product Information
- Services
By Deployment
- On-Premise
- Software- as-a- Service (SaaS)
By Industry
- BFSI
- Healthcare
- Telecommunication and IT
- Government
- Retail
- Transportation and Logistics
- Manufacturing
- Energy and Utility
- Media and Entertainment
- Others
By Enterprise Type
- Large Enterprise
- Small and Medium Enterprise
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East and Africa (MEA)
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