{"id":458846,"date":"2019-12-26T07:28:01","date_gmt":"2019-12-26T07:28:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=458846"},"modified":"2019-12-26T07:28:01","modified_gmt":"2019-12-26T07:28:01","slug":"production-information-management-pim-market-2020-software-innovations-business-growth-current-trends-top-players-analysis-industry-developments-key-industry-segments-and-forecast-till-2023","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/production-information-management-pim-market-2020-software-innovations-business-growth-current-trends-top-players-analysis-industry-developments-key-industry-segments-and-forecast-till-2023_458846.html","title":{"rendered":"Production Information Management (PIM) Market: 2020 Software Innovations, Business Growth, Current Trends, Top Players Analysis, Industry Developments, Key Industry Segments and Forecast till 2023"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\"><a href=\"https:\/\/www.abnewswire.com\/uploads\/1577362873.png\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Production Information Management (PIM) Market: 2020 Software Innovations, Business Growth, Current Trends, Top Players Analysis, Industry Developments, Key Industry Segments and Forecast till 2023\" src=\"https:\/\/www.abnewswire.com\/uploads\/1577362873.png\" alt=\"Production Information Management (PIM) Market: 2020 Software Innovations, Business Growth, Current Trends, Top Players Analysis, Industry Developments, Key Industry Segments and Forecast till 2023\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\">\n<div>Production Information Management Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Global Production Information Management (PIM) Market Report \u2013 Information by Component (Hardware, Software), Deployment (Cloud, On-Premise), Organization Size (Small &#038; Medium, Large Enterprise) Vertical (BFSI, Government, Retail) \u2013 Global Forecast till 2023<\/div>\n<p><strong>Market Overview:<\/strong><\/p>\n<p>The global production information management market is a segmented as component, deployment, organization size, and end-user. The component segment is further bifurcated into software and service. The software segment consists of single domain and multi-domain. The service segment comprises consulting &amp; system integration, training, support and maintenance. The deployment segment is sub-segmented into cloud and on-premise. The organization size segment consists of small &amp; medium enterprises and large enterprises. The vertical segment consists of BFSI, government, retail, healthcare, IT &amp; telecommunications, manufacturing, energy &amp; utilities, healthcare, transportation &amp; logistics and others.<\/p>\n<p>Product information management is a process of gathering illustrative product information and saving it into a central management system, where the product data is managed and grouped. It is estimated that PIM market in the banking, finance &amp; insurance (BFSI) industry is expected to witness high growth during the forecast period.<\/p>\n<p><strong>Get Free Sample at:<\/strong><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/sample_request\/5965\" target=\"_blank\"><strong>https:\/\/www.marketresearchfuture.com\/sample_request\/5965<\/strong><\/a><\/p>\n<p><strong>Flat 30% off on Corporate User<\/strong><\/p>\n<p><strong>Competitive Landscape:<\/strong><\/p>\n<p>Several companies are showing great growth in the global production information management market. These companies are SAP AG (Germany), Oracle Corporation (U.S.), Informatica (U.S.), IBM Corporation (U.S.), Riversand Technologies, Inc. (U.S.), Stibo Systems (Denmark), Pimcore (Austria) and others. MRFR has enlisted these companies for a better understanding of the market trend as their proper profiling would reveal the strategic moves undertaken by them and their purpose. These companies include merger, acquisition, collaboration, product launch, innovation, and other methods as their strategy. This also depends on the demographic changes.<\/p>\n<p>The factors such as rising need for compliance and verification, demand for operational excellence and data quality are other significant factors fuelling the adoption of product information management software.<\/p>\n<p>Production information management (PIM) is a software designed for multiple purpose like storing, standardizing, and managing of the delivery of product data to diverse channels and systems. The system is a centralized software and it is growing rapidly with high surge in the demand for centralized data centers across industries. The global production information management market is all set to acquire 25% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) in their latest report on the same discloses remarkable possibilities for this production information management market&rsquo;s outstanding expansion.<\/p>\n<p>Several factors like improved data storage system, need for safe &amp; secured access to data, strong security authorization, and others are expected to drive the production information management market forward. Its demand from several industries like BFSI, healthcare, government, retail, manufacturing, IT &amp; telecommunication, healthcare, energy &amp; utilities, transportation &amp; logistics are expected to create strong market potential.<\/p>\n<p><strong>Segmentation:<\/strong><\/p>\n<p>The global production information management market, as per the discussion of MRFR, is segmented into component, deployment, organization size and end-user. This segmentation provides a closer look at the market and helps in the analysis of the coming year of the market.<\/p>\n<p>Based on the component, the production information management market can be segmented into software and service. The software segment includes single domain and multi-domain. Growing diversity in various industries are propelling the inclusion of the multi-domain segment. The service segment can be segmented into training, consulting &amp; system integration, support, and maintenance. The consulting &amp; system integration segment is having remarkable growth.<\/p>\n<p>Based on the deployment, the production information management market can be segmented into cloud and on-premise. The growing digitalization is expected to increase the intake of cloud technology in the coming years.<\/p>\n<p>Based on the organization size, the production information management market can be segmented into small &amp; medium enterprises (SMEs) and large enterprises. High installation cost at the initial stage prohibits SMEs from having its significant benefits. That is why growth is mostly reserved with the large enterprises.<\/p>\n<p>Based on the vertical, the <strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965\" target=\"_blank\">production information management<\/a><\/strong> market includes manufacturing, energy &amp; utilities, BFSI, government, retail, healthcare, IT &amp; telecommunication, transportation &amp; logistics, healthcare, and others. The BFSI segment is achieving notably from the market.&nbsp;<\/p>\n<p><strong>Regional Analysis:<\/strong><\/p>\n<p>Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW) are regions that can be considered for a region-specific analysis of the global production information management market. This segmentation helps in the proper identification of the growth pockets.<\/p>\n<p>North America delivers the maximum punch by accumulating the most amount of revenue for the global production information management market. This is happening in the region due to high integration of the digitalization which has given rise to the demand for centralized master data.<\/p>\n<p>On the other hand, the APAC market is expected to achieve the fastest CAGR during the forecast period. Its growth in the e-commerce and retail industry is also quite substantial. Fast adoption of multi-domain PIM software to gain better performance, quality, and capacity during the forecast period is also expected to boost the regional market.<\/p>\n<p><strong>Table of Content:<\/strong><\/p>\n<p>1 Executive Summary<\/p>\n<p>2 Scope of The Report<\/p>\n<p>2.1 Market Definition<\/p>\n<p>2.2 Scope of The Study<\/p>\n<p>2.2.1 Research Objectives<\/p>\n<p>2.2.2 Assumptions &amp; Limitations<\/p>\n<p>2.3 Market Structure<\/p>\n<p>3 Market Research Methodology<\/p>\n<p>3.1 Research Process<\/p>\n<p>3.2 Secondary Research<\/p>\n<p>3.3 Primary Research<\/p>\n<p>3.4 Forecast Model<\/p>\n<p>4 Market Landscape<\/p>\n<p>Continued. . .<\/p>\n<p><strong>Browse More Details on Report at:<\/strong><\/p>\n<p><strong><a rel=\"nofollow\" href=\"https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965\">https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965<\/a><\/strong><\/p>\n<p><strong>Flat 20% off on Single User<\/strong><\/p>\n<p><strong>List of Table:<\/strong><\/p>\n<p>Table 1 Global Production Information Management Market: By Region, 2017-2023<\/p>\n<p>Table 2 North America Production Information Management Market: By Country, 2017-2023<\/p>\n<p>Table 3 Europe Production Information Management Market: By Country, 2017-2023<\/p>\n<p>Table 4 Asia Pacific Production Information Management Market: By Country, 2017-2023<\/p>\n<p>Table 5 Rest of The World Production Information Management Market: By Country, 2017-2023<\/p>\n<p><strong>About Market Research Future:&nbsp;<\/strong><\/p>\n<p>At&nbsp;Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research &amp; Consulting Services.<\/p>\n<p>MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.<\/p>\n<p>&nbsp;<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/marketresearchfuture.com_41093.html\" rel=\"nofollow\">Market Research Future<\/a><br \/><strong>Contact Person:<\/strong> Abhishek Sawant<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=production-information-management-pim-market-2020-software-innovations-business-growth-current-trends-top-players-analysis-industry-developments-key-industry-segments-and-forecast-till-2023\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1 646 845 9312<br \/><strong>Address:<\/strong>Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar  <br \/><strong>City:<\/strong> Pune<br \/><strong>State:<\/strong> Maharashtra<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketresearchfuture.com\/reports\/production-information-management-market-5965\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=production-information-management-pim-market-2020-software-innovations-business-growth-current-trends-top-players-analysis-industry-developments-key-industry-segments-and-forecast-till-2023\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Production Information Management Market Global Production Information Management (PIM) Market Report \u2013 Information by Component (Hardware, Software), Deployment (Cloud, On-Premise), Organization Size (Small &#038; Medium, Large Enterprise) Vertical (BFSI, Government, Retail) \u2013 Global Forecast till 2023 Market Overview: The global &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/production-information-management-pim-market-2020-software-innovations-business-growth-current-trends-top-players-analysis-industry-developments-key-industry-segments-and-forecast-till-2023_458846.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,421,412,423,411],"tags":[],"class_list":["post-458846","post","type-post","status-publish","format-standard","hentry","category-Business","category-Computers-Software","category-News-Current-Affairs","category-Professional-Services","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/458846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=458846"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/458846\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=458846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=458846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=458846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}