Product Information Management Market Research Report, Size, Share, Trends and Forecast to 2025
According to the IMARC group, The product information management (PIM) system is primarily used by e-commerce organizations for managing and centralizing product information. Furthermore, it also offers simplified business operations by maintaining product catalogs with consistent and accurate information. The PIM system can be integrated with various management tools to identify and sort complex data, thereafter, forwarding it to the required distribution channels. Furthermore, the ability to efficiently manage and coordinate product-related data has augmented the demand for the PIM system on a global level. Rapid digitalization, coupled with the increasing adoption of centralized data management tools across industries, is currently bolstering the demand for PIM systems. Furthermore, the exponential growth in the e-commerce trade is also driving the market. Several online sales channels are utilizing PIM systems for improving consumer’s experience and offering effici...