New Report: The PIM market is expected to reach USD 63.8 billion by 2030.
Lake House Meersburg, May 2023. The Group of Analysts (TGOA) estimates that the global product information management (PIM) market will reach USD 63.8 billion by 2030, growing at a CAGR of 21.09 per cent. This is one of the main findings of the new PIM report published by the renowned analyst house. TGOA identifies the growing importance of e-commerce, data-driven decision-making capabilities, sustainability, and operational efficiency as the main drivers for this remarkable market growth. Additionally, reduced implementation barriers thanks to SaaS technology further fuel the adoption of PIM by smaller and mid-sized companies, according to the analysts.
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