NEW YORK, Aug. 23, 2022 /PRNewswire/ — Product information management (PIM) is the act of storing and organizing all the data needed to market and sell items through various channels. An internal organization creates the product data to support a multichannel marketing plan.
Technavio estimates that the product information management market size is expected to grow by USD 7.40 billion from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 12.17% during the forecast period.
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Porter’s Five Forces Analysis
The global product information management market is competitive due to the presence of regional and multinational players. Moreover, parity…