Explosive Growth Expected: Product Information Management (PIM) Market on the Rise by 2030
According to the research report, the global product information management (PIM) market was valued at USD 10.98 billion in 2021 and is expected to reach USD 36.12 billion by 2030, to grow at a CAGR of 14.53% during the forecast period. PIM enables businesses to centralize and enrich product data, ensuring consistency and accuracy across sales, marketing, and e-commerce platforms. In a marketplace where consumers demand a unified and personalized experience, efficient product catalog management and digital asset management (DAM) are essential for maintaining competitive advantage. Market Overview The PIM market is at the heart of the digital transformation efforts being undertaken by organizations worldwide. As businesses continue to expand their digital presence, managing product information across multiple channels has become a significant challenge. PIM systems allow companies to centralize product information such as description...