The global Product Information Management Market size is expected to grow from USD 30.6 billion in 2019 to USD 57.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13% during the forecast period. Traffic management integrates and coordinates the flow of traffic in various regions for the ease of commuters, i.e., vehicles as well as pedestrians. It helps develop better transportation as well as transport infrastructure. It also helps reduce traffic congestions and promotes a regulated flow of traffic. It is an economic and fuel-efficient solution. Traffic management also helps reduce carbon emissions from vehicles, thus providing an environment-friendly traffic solution.
Key Market Players
The major players in the PIM market are Oracle (US), SAP (US), IBM (US), Akeneo (France), Inriver (Sweden), Winshuttle (US), Riversand (US), Salsify (US), Aprimo (US), Stibo Systems (Denmark), Contentserv (Switzerland), Mobius (India), Perfion (Denmark), Profisee (US), Censhare (Germany), Vinculum (India), Pimworks (US), Truecommerce (US), Vimedici (germany), Magnitude Software (US), Plytix (Denmark) and Syndigo (US).
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Product Information Management Market Segments
By Component
• Solution
• Services
By Vertical
• Consumer Goods and Retail
• IT and Telecom
• Banking, Financial Services and Insurance
• Healthcare and Life Sciences
• Others
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