Product Code: ETC4404445 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Product Information Management (PIM) market is experiencing robust growth, driven by the increasing importance of product information in e-commerce, retail, and manufacturing sectors. PIM solutions assist organizations in centralizing and managing product data, which is crucial for maintaining accurate and up-to-date product listings across multiple channels. With the proliferation of online shopping and the demand for rich product information, PIM solutions are becoming essential for businesses seeking to streamline operations and enhance customer satisfaction.
The India Product Information Management (PIM) market is experiencing substantial growth, primarily driven by the rapid digitalization of businesses and the e-commerce sector. E-commerce companies are expanding their product catalogs, and managing accurate and up-to-date product information is critical for success. PIM solutions help organizations centralize, manage, and distribute product data efficiently. The proliferation of online marketplaces and omnichannel retailing has increased the demand for PIM solutions. Additionally, regulatory requirements for accurate product information and the need for data consistency across various platforms are encouraging the adoption of PIM systems. As businesses aim to provide a seamless and consistent customer experience across online and offline channels, the role of PIM in maintaining product data quality and consistency becomes paramount. Moreover, the growth of the India e-commerce market, coupled with the increasing focus on product data quality, is expected to drive the PIM market further.
The PIM market in India faces several challenges. One of the key challenges is the lack of standardized product data across different industries. Inconsistent data formats and quality issues hinder the efficient management of product information. Additionally, organizations often struggle with integrating PIM solutions into their existing IT infrastructure. This can lead to data silos and inefficiencies, as well as increased implementation and maintenance costs. Another challenge is the increasing demand for real-time product information, as consumer expectations rise. This requires PIM solutions to keep pace with rapidly changing product data, which can be a significant technological and operational challenge.
E-commerce and product information became crucial during lockdowns. The PIM market expanded as businesses needed effective systems to manage and distribute product information across various channels.
The India Product Information Management (PIM) market features significant players such as Informatica, Akeneo, Salsify, and Riversand. These companies specialize in PIM solutions that enable businesses to efficiently manage and distribute product information, enhancing product data quality, consistency, and reliability for e-commerce and retail operations in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Product Information Management (PIM) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Product Information Management (PIM) Market Revenues & Volume, 2021 & 2031F |
3.3 India Product Information Management (PIM) Market - Industry Life Cycle |
3.4 India Product Information Management (PIM) Market - Porter's Five Forces |
3.5 India Product Information Management (PIM) Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.6 India Product Information Management (PIM) Market Revenues & Volume Share, By Solution , 2021 & 2031F |
3.7 India Product Information Management (PIM) Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 India Product Information Management (PIM) Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.9 India Product Information Management (PIM) Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Product Information Management (PIM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Product Information Management (PIM) Market Trends |
6 India Product Information Management (PIM) Market, By Types |
6.1 India Product Information Management (PIM) Market, By Vertical |
6.1.1 Overview and Analysis |
6.1.2 India Product Information Management (PIM) Market Revenues & Volume, By Vertical , 2021-2031F |
6.1.3 India Product Information Management (PIM) Market Revenues & Volume, By Banking, Financial Services, and Insurance, 2021-2031F |
6.1.4 India Product Information Management (PIM) Market Revenues & Volume, By Consumer goods & retail, 2021-2031F |
6.1.5 India Product Information Management (PIM) Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.1.6 India Product Information Management (PIM) Market Revenues & Volume, By IT & telecom, 2021-2031F |
6.1.7 India Product Information Management (PIM) Market Revenues & Volume, By Transportation & logistics, 2021-2031F |
6.1.8 India Product Information Management (PIM) Market Revenues & Volume, By Media & entertainment, 2021-2031F |
6.2 India Product Information Management (PIM) Market, By Solution |
6.2.1 Overview and Analysis |
6.2.2 India Product Information Management (PIM) Market Revenues & Volume, By Multi-domain, 2021-2031F |
6.2.3 India Product Information Management (PIM) Market Revenues & Volume, By Single Domain, 2021-2031F |
6.3 India Product Information Management (PIM) Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 India Product Information Management (PIM) Market Revenues & Volume, By Solutions, 2021-2031F |
6.3.3 India Product Information Management (PIM) Market Revenues & Volume, By Services, 2021-2031F |
6.4 India Product Information Management (PIM) Market, By Deployment Type |
6.4.1 Overview and Analysis |
6.4.2 India Product Information Management (PIM) Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 India Product Information Management (PIM) Market Revenues & Volume, By Cloud, 2021-2031F |
6.5 India Product Information Management (PIM) Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India Product Information Management (PIM) Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 India Product Information Management (PIM) Market Revenues & Volume, By SMEs, 2021-2031F |
7 India Product Information Management (PIM) Market Import-Export Trade Statistics |
7.1 India Product Information Management (PIM) Market Export to Major Countries |
7.2 India Product Information Management (PIM) Market Imports from Major Countries |
8 India Product Information Management (PIM) Market Key Performance Indicators |
9 India Product Information Management (PIM) Market - Opportunity Assessment |
9.1 India Product Information Management (PIM) Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.2 India Product Information Management (PIM) Market Opportunity Assessment, By Solution , 2021 & 2031F |
9.3 India Product Information Management (PIM) Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 India Product Information Management (PIM) Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.5 India Product Information Management (PIM) Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Product Information Management (PIM) Market - Competitive Landscape |
10.1 India Product Information Management (PIM) Market Revenue Share, By Companies, 2024 |
10.2 India Product Information Management (PIM) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |