Catalog Management Systems Market
Posted 10 Jan-2020 05:34 PM by geeta |
Catalog Management Systems Market was around US$ 878.31 Mn
in 2018 and is expected to grow at a CAGR of around XX % in the forecast period
Catalog Management Systems Market
Catalog management system denotes the maintenance of product
information in a structured as well as the organized manner for helping
customers as well as channel partners to understand the product benefits.
Generally, catalogs are given for providing detailed information of product
functionalities, price and are usually available on websites.
A catalog management system helps in designing and editing
online catalogs, thus helping to price the products available. Major driving
factors for the market include the digital transformation initiatives that have
resulted in the boom of retail and the industry vertical, along with improved
IT systems for meeting customers’ dynamic requirements. Other than this, it is
the manageability, creation of queries to search the catalog over multiple
categories together with the creation of easily navigable pages are certain
other growth drivers for the catalog management systems market.
Among deployments, it is the cloud deployment type that is
expected to gain traction during the current forecast period, as it offers the
agility of booth on-demand resource deployment as well as consumption.
Organizations prefer the cloud deployment model, also because it offers ease of
access along with reduced capital and operational expenses.
The catalog management systems market is segmented by
component, organization size, deployment type, type, industry, and region. The
small and medium-sized enterprises or SMEs segment is expected to grow at a
higher rate during the forecast period because of rising need to reduce
operational costs as well as streamline selling processes. These factors, in
turn, have driven the adoption rate of catalog management system solution and
North America is estimated to hold the largest market size
in 2018. It can be attributed to the presence of large manufacturers and
companies in the region. The region is also one of the fastest in terms of
technology adoption along with IT infrastructure optimization that has further
boosted the catalog management systems market globally.
The key players of the Catalog Management Systems market
include IBM (US), Oracle (US), SAP SE (Germany), and CA Technologies (US).
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/catalog-management-systems-market/12829/
Catalog Management Systems Market scope:-
Catalog Management Systems Market, By Component
Catalog Management Systems Market, By Organization Size
• Large Enterprise
Catalog Management Systems Market, By Deployment Type
Catalog Management Systems Market, By Type
• Service Catalogs
• Product Catalogs
Catalog Management Systems Market, By Industry
• IT and Telecom
• Travel and Hospitality
• Retail and Ecommerce
• Banking, Financial Services, and Insurance
• Media and Entertainment
Catalog Management Systems Market, By Geography
• North America
• Middle East & Africa
• Latin America
Key Players operating in the Catalog Management Systems
• SAP SE
• Sigma Systems
• Insite Software
• CA Technologies
• Coupa Software
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free
personalized of reports as per your demand. This report can be personalized to
meet your requirements. Get in touch with us and our sales team will guarantee
provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C
research on 20,000 high growth emerging opportunities & technologies as
well as threats to the companies across the Healthcare, Pharmaceuticals,
Electronics & Communications, Internet of Things, Food and Beverages,
Aerospace and Defense and other manufacturing sectors.
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH
Email: [email protected]
Pune, Maharashtra 411051, India.