PUBLISHER: QKS Group | PRODUCT CODE: 1637515
PUBLISHER: QKS Group | PRODUCT CODE: 1637515
This product includes two reports: Market Share and Market Forecast.
Quadrant Knowledge Solutions Reveals that Product Information Management Market is Projected to Register a CAGR of 15% by 2028 in the Asia (Excluding Japan and China).
The product information management (PIM) market in Asia is expected to grow significantly due to several factors, including the rapid expansion of e-commerce, increased internet and smartphone penetration, and the adoption of advanced technologies such as artificial intelligence (AI) and cloud-based solutions. The use of AI, machine learning, and data analytics in retail improves customer experiences and operational efficiencies. AI and retail analytics solutions are rapidly being used to deliver precise and detailed product information, which is critical for online retail success.
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 15% by 2028 in the Asia (Excluding Japan and China).
The product information management (PIM) market in Asia is expected to see significant growth driven by several factors, including the rapid expansion of e-commerce, increasing internet and smartphone penetration, and the adoption of advanced technologies such as artificial intelligence (AI) and cloud-based solutions. The integration of AI, machine learning, and data analytics in retail is enhancing customer experiences and operational efficiencies. AI and retail analytics tools are increasingly being used to provide accurate and comprehensive product information, which is crucial for online retail success.
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."