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Product Information Management Market Share

Report ID: GMI9098
Published Date: Apr 2024
Report Format: PDF

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Product Information Management Market Share

SAP, IBM, and Oracle dominate the Product Information Management (PIM) market holding market share over 17% due to their robust software platforms and extensive industry experience. SAP offers solutions like SAP Master Data Governance, integrating seamlessly with existing SAP systems for comprehensive data management. IBM offers InfoSphere Master Data Management provides scalability and flexibility, while Oracle's Product Hub offers a comprehensive suite for managing product data across the enterprise.

These companies have established reputations, global reach, and comprehensive offerings, making them preferred choices for organizations seeking reliable PIM solutions. Their dominance is further reinforced by continuous innovation, strategic partnerships, and a strong focus on meeting evolving market demands, solidifying their positions in the competitive PIM landscape.

Product Information Management Market Companies

Major companies operating in the product information management industry are:

SAP
IBM
Oracle
Riversand
Stibo Systems
Akeneo
Contentserv
Inriver
Informatica
Pimcore
Xvise
Salsify

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of product information management reached USD 12.2 billion in 2023 and is set to witness 13% CAGR between 2024 and 2032, led by the growing demand for product centralization into a single repository.

The software segment is expected to hold over 76% revenue share by 2032, with maintaining product information becoming crucial as firms grow in reach and product offerings.

North America product information management industry generated USD 4 billion in revenue in 2023, attributed to technological developments, infrastructure expenditures, and changing customer preferences.

SAP, IBM, Oracle, Riversand, Stibo Systems, Akeneo, Contentserv, Inriver, Informatica, Pimcore, Xvise and Salsify.