The global Catalog Management System market size is expected to be worth around US$ 15.3 billion by 2030, according to a new report by Vision Research Reports.
The global Catalog Management System market size was valued at US$ 4.7 billion in 2020 and is anticipated to grow at a CAGR of 13.5% during forecast period 2021 to 2030.
|Market Size||US$ 15.3 billion by 2030|
|Growth Rate||CAGR of 13.5% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Type, Component, Deployment type, Organization Size, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Fujitsu Limited; Oracle Corporation; Salsify; SAP SE; International Business Machine Corporation|
The growing demand from consumers for products such as fashion and apparel and wearable devices, rising internet usage, and increasing smartphone penetration across the globe are some of the factors anticipated to provide lucrative growth opportunities for catalog management solutions over the forecast period.
Industries such as BFSI, retail, and healthcare have been investing and adopting new technologies such as Artificial Intelligence (AI) and Machine Learning (ML) to grow and enhance their business operations. AI-enabled catalog management provides enrichment processes, anomaly detection, and automatic classification of products by selecting data from trusted sources, contextual recommendations
By Type Analysis
Based on type, the catalog management system market has been segmented into product catalog and services catalogs. The product catalog segment dominated the market in 2020 and accounted for a market share of more than 65%.
The service catalog segment is anticipated to expand at the highest CAGR of 13.4% over the forecast period. The segment growth can be attributed to the increasing demand for post-purchase services of tangible products. The use of a service catalog significantly reduces management costs.
By Component Analysis
Based on component, the market has been further segmented into solution and service. The solution segment dominated the market in 2020 and accounted for a revenue share of more than 65%. The increasing demand for catalog management systems can be attributed to the growing demand for these systems among organizations.
The service segment is anticipated to expand at the highest CAGR of 14.4% over the forecast period. The segment will witness significant growth owing to the managed and professional services offered by various catalog management systems providers.
By Deployment Type Analysis
Based on deployment type, the market has been further segmented into cloud and on-premise. The cloud segment dominated the market in 2020 and accounted for a revenue share of more than 59.0%. Cloud deployment of catalog management systems helps increase flexibility and further allows businesses to customize services and products on a large scale.
The on-premise segment is anticipated to expand at a CAGR of 9.6% from 2021 to 2030. The segment is expected to witness significant growth over the forecast period due to the security assistance offered by this deployment type, including data security and transparency.
By Organization Size Analysis
The large enterprise segment accounted for a market share of 56.1% in 2020. Large enterprises have an extensive business network and diverse revenue streams. Hence, large enterprises opt for innovative and new technologies and solutions to expand their business operations.
The small and medium enterprise segment is anticipated to register a CAGR of 16.0% over the forecast period. The segment growth can be attributed to the growing number of small and medium enterprises in several countries across the globe, including India, the U.S., and China. SMEs mainly adopt cloud-based catalog management system solutions owing to benefits such as lower deployment costs.
By Application Analysis
Based on application, the market has been further segmented into BFSI, retail & e-commerce, IT and telecom, media and entertainment, and others. The BFSI segment accounted for a revenue share of more than 34.0% in 2020. BFSI companies are updating their data platforms and related toolsets to cater to the changing demands of various data practitioners, including data analysts, reporting analysts, data scientists, business intelligence, and businesses and personnel embracing self-service technology.
The retail and e-commerce segment is anticipated to expand at a CAGR of 13.4% from 2021 to 2030. The increasing adoption of advanced services and technologies owing to the vast volume of product data is anticipated to propel the segment growth.
By Regional Analysis
North America dominated the market in 2020 with a market share of over 46.0%. The growing footprint of industry players such as Oracle Corporation, Salsify, SAP SE, and Amdocs and the growing number of SMEs are expected to drive the market growth in the region.
The Asia Pacific market for catalog management systems is anticipated to expand at a CAGR of 16.4% from 2021 to 2030. The regional market growth can be attributed to the growing preference for technologically advanced solutions among various enterprises in Asia Pacific countries such as India and China.
International Business Machines Corporation
By Deployment Type
By Organization Size
Small & Medium Enterprise
Retail & E-commerce
IT & Telecom
Media & Entertainment
Middle East & Africa
The Catalog Management System market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Catalog Management System market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Catalog Management System market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Catalog Management System market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Catalog Management System market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Catalog Management System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Catalog Management System by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Catalog Management System market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Catalog Management System market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Catalog Management System market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Catalog Management System industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Catalog Management System market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Catalog Management System market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Catalog Management System market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Catalog Management System market. These factors have benefited the growth of the global market for Catalog Management System. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Catalog Management System. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Catalog Management System are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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