TECH SUPPLIER Sep 2021 - Market Forecast - Doc # US46436421

Worldwide Product Information Management and Syndication Applications Forecast, 2021–2025: Product Experiences Drive Customer Experiences

By:

Jordan Jewell
Abstract

This IDC study provides a forecast for the worldwide product information management and syndication applications market through 2025. The COVID-19 pandemic will have a long-lasting impact on the market by accelerating the adoption of ecommerce, ensuring that PIMS software will be key for growth in the years to come. IDC forecasts the market will see a double-digit CAGR through 2025.

"Of all the applications markets we track, product information management and syndication (PIMS) has seen some of the most evolution over the past five years. Once viewed as strictly back-office data management tools, PIMS applications are now considered critical to manage commerce experiences," says Jordan Jewell, research director, Digital Commerce at IDC. "Through 2025, we expect this trend to continue and forecast that PIMS application vendors will consequentially see strong growth."


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