Product Information Management Software Market Techniques, Challenges, Opportunities, Top Company Profile- Catsy, Plytix
Summary
#3200,SEATTLE, WASHINGTION , UNITED STATES, April 8, 2022 /EINPresswire.com/ -- Coherent Market Insights has released a new research study on the "Product Information Management Software (PIM) Marketโ which aims to provide a thorough examination of the factors influencing global business introduction and outlook. ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ: Akeneo, Salsify Inc., Catsy, Plytix, Syndigo LLC, Pimcore, inRiver, PropelPLM, Inc., Syndigo LLC, EnterWorks and Sales Layer The product information management software market is expected to exhibit a CAGR of XX % during the forecast period owing to the increasing adoption of PIM in the retail and the e-commerce industry. For instance, in January 2019, Unbxd, an e-commerce platform, announced the launch an AI-powered PIM solution that enables brands and retailers to get their products to market faster by automating the creation, collaboration, and distribution process and delivering memorable product experiences that convert shoppers. Among regions, North America and Asia Pacific are expected to witness robust growth in the product information management software (PIM) market due to the increasing internet and smartphone penetration and the rapid growth of the e-commerce industry. Moreover, increase in incorporation of Artificial Intelligence (AI) and Machine Learning (ML) due to favorable government initiatives to encourage the adoption of AI and ML across various industries is expected to accelerate the growth of the product information management software (PIM) market.