PIM Software Market Scope
PIM Software is a tool used to centralize and manage an eCommerce business which can store any information involving a product such as its description, pricing, product configuration, shipping, logistics, taxation and other related items. With its accuracy, flexibility and configuring limitless variety product information, PIM Software has become a more reliable product. Rise in need for compliance and verification, mounting demand for operational excellence and need for a centralized system in order to improve the marketing and selling of products through distribution channels are propelling the demand for PIM software.
The PIM Software market study is segmented by Type (Single Domain and Multi-Domain) and major geographies with country level break-up. According to AMA, the Global PIM Software market is expected to see growth rate of 24.46%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global PIM Software market throughout the predicted period.
Salsify (United States), Oracle (United States), Hybis Software (Germany), Agility Multichannel (United States), IBM (United States), Tradeshift (United States), EnterWorks (United States), Informatica (United States), Riversand (United States), Akeneo (France) and Perfion (Denmark) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Pimcore (Austria), Plytix PIM (Denmark) and Jasper (Canada).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global PIM Software market by Type, Application and Region.
On the basis of geography, the market of PIM Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Technology Advancement and Innovation in PIM Software
Market Drivers
- Rising Demand For Operational Excellence and Data Quality
- Growing Requirement For Compliance and Verification
- Creation of New Business Avenue in Organization
Opportunities
- Incorporation of Integrated Vendors Offering
- Emergence of Technology For Big Data and Bi with Cloud
Restraints
- Lack of Awareness Regarding PIM Software and Services
- Prevailing Data Security Apprehensions
Challenges
- Inflexibility of Expansive PIM Solution
- Data Regulations and Legislation
Key Target Audience
PIM Software Provider, PIM Software Service Provider, Research organizations, Technology providers, Government organizations and End-Users
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase