Report ID: SQMIG45B2170
Report ID:
SQMIG45B2170 |
Region:
Global |
Published Date: December, 2024
Pages:
188
|
Tables:
116 |
Figures:
67
North America is estimated to account for a substantial share of the global product information management market. The presence of a strong retail infrastructure and presence of key e-commerce companies in this region allows it to lead global product information management demand outlook. Quick adoption of advanced technologies and imposition of strict regulations for product data management are also expected to bolster the dominance of this region. Canada and the United States are forecasted to emerge as the key revenue generating companies in North America through 2031 and beyond. Use of omnichannel retail and marketing by organizations in this region will also boost the demand for product information management going forward.
Growing digitization in Asia Pacific is expected to make it the fastest-growing market for product information management companies in the world. The boom in e-commerce activity and increasing emphasis on improving user experience are projected to create new opportunities for product information management companies in the future. Rising demand for personalized customer experiences to keep up with evolving consumer preferences in this region will also generate new opportunities for product information management providers through 2031. India, China, and Japan are slated to emerge as highly rewarding markets in the Asia Pacific region in the long run. Increasing frequency of product launches will also boost the adoption of product information management in the future.
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Report ID: SQMIG45B2170