PUBLISHER: QKS Group | PRODUCT CODE: 1637512
PUBLISHER: QKS Group | PRODUCT CODE: 1637512
"This product includes two reports: Market Share and Market Forecast.
Quadrant Knowledge Solutions Reveals that the Product Information Management (PIM) Market is Projected to Register a CAGR of 14% by 2028 in China.
In China, there has been a noticeable shift towards cloud-based PIM systems. Cloud installations provide scalability, cost-effectiveness, and better collaboration capabilities, making them appealing to both major corporations and small businesses. This trend is projected to continue, with cloud-based solutions getting a larger market share than on-premise systems. China's powerful e-commerce sector is a significant driver of the PIM market. The growing number of online users, as well as the proliferation of internet and high-speed broadband connectivity, are driving significant demand for PIM solutions.
Quadrant Knowledge Solutions defines Product Information Management (PIM) as "a solution that centralizes the product information into a single source and helps manage, store, optimize, and publish that information across sales, marketing, and eCommerce channels, for digital commerce. PIM collects data from various digital sources with the support of data tools, helping organizations improve product experience, cost efficiency, product data quality, and reach in the market. The solution is integrated with eCommerce platforms, customer relationship management (CRM) systems, and enterprise resource management (ERP) software across all digital and physical touchpoints to enhance data accuracy and quality."
Quadrant Knowledge Solutions Reveals that Product Information Management Market is Projected to Register a CAGR of 14% by 2028 in China.
There is a notable shift towards cloud-based PIM solutions in China. Cloud deployments offer scalability, cost-effectiveness, and improved collaboration capabilities, making them attractive to both large enterprises and SMEs. This trend is expected to continue, with cloud-based solutions gaining more market share over on-premises systems. China's robust e-commerce sector is a major driver for the PIM market. The increasing number of online consumers and the expansion of internet and high-speed broadband access are creating a substantial demand for PIM solutions.
Quadrant Knowledge Solutions defines Product Information Management (PIM) as "a solution that centralizes the product information into a single source and helps manage, store, optimize, and publish that information across sales, marketing, and eCommerce channels, for digital commerce. PIM collects data from various digital sources with the support of data tools, helping organizations improve product experience, cost efficiency, product data quality, and reach in the market. The solution is integrated with eCommerce platforms, customer relationship management (CRM) systems, and enterprise resource management (ERP) software across all digital and physical touchpoints to enhance data accuracy and quality."