Organizations employ catalog management systems for maintaining product and service information in an organized manner to enable channel partners and customers to keep up with information, pricing, and updates related to products or services. The catalog management system market is gaining immense popularity with digital transformation initiatives in e-commerce as well as in the retail sector.The catalog management systems market is anticipated to grow in the forecast period owing to driving factors such as digital transformation across industries for improvising marketing and selling activities. However, the catalog management systems market may get negatively affected due to the associated privacy and security concerns. Nonetheless, the small and medium enterprises offer lucrative opportunities for players operating in the catalog management systems market during the forecast period.
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Some of The Leading Players In Global Market: Claritum, Coupa Software Inc., IBM Corporation, Mirakl, Oracle Corporation, Proactis Holdings Plc, Salsify, Inc, SAP Ariba (SAP SE), ServiceNow, Inc, Telefonaktiebolaget LM Ericsson
The global catalog management systems market is segmented on the basis of type, component, deployment mode, enterprise size, and end-use industry. Based on type, the market is segmented as product catalogs and service catalogs. On the basis of the component, the market is segmented as solutions and services. By deployment mode, the market is segmented into cloud and on-premises. Based on enterprise size, the market is segmented as large enterprises and SMEs. The market on the basis of the end-use industry is classified as BFSI, IT & telecommunications, e-commerce & retail, media & entertainment, travel & hospitality, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global catalog management systems market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The catalog management systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting catalog management systems market from both dem and and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the catalog management systems market in these regions.
The reports cover key developments in the catalog management systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from catalog management systems market are anticipated to lucrative growth opportunities in the future with the rising dem and for catalog management systems in the global market. Below mentioned is the list of few companies engaged in the catalog management systems market.
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