DUBLIN–(BUSINESS WIRE)–The “Global Catalog Management System Market Size, Share, and Trends Analysis Report by Type (Product Catalog, Service Catalog), Component (Solution, Service), Deployment Type, Product Size ‘organization, vertical, regional and segment forecasts, 2021-2028’ report has been added to from ResearchAndMarkets.com offer.
The global catalog management systems market size is expected to reach USD 9.3 billion by 2028, growing at a CAGR of 12.5% over the forecast period.
International Commercial Machinery Society
Rising consumer demand for products such as fashion, apparel and wearables, rising internet usage and increasing smartphone penetration across the world are some of the factors that are expected to provide growth opportunities. lucrative opportunities for catalog management solutions over the forecast period.
The outbreak of the COVID-19 pandemic has had a positive impact on the overall market growth due to digitalization, changing customer preferences and increasing screen time. Small, medium and large companies have embraced the work-from-home model to provide a safe working environment for their employees, leading them to spend more time on the internet and browsing e-commerce sites. . Moreover, various individuals primarily resort to online shopping through e-commerce sites, subsequently driving the demand for catalog management systems.
Professional services help companies mitigate security vulnerabilities and develop security measures for the effective implementation of catalog management systems. The advantages offered by professional services consist of increased profitability, limited administrative expenses and increased use of resources. Additionally, professional services help boost workforce management by increasing efficiency through better planning, increased collaboration, and integrated knowledge management.
Catalog Management System Market Report Highlights
The solution segment is expected to dominate the market over the forecast period owing to the continued adoption of these systems by various small and large enterprises across the globe. The segment is expected to reach USD 5.8 billion by 2028
The managed services segment is expected to grow at the highest CAGR of 14.3% during the forecast period
The cloud segment is expected to lead the market over the forecast period and reach USD 6.1 billion by 2028
The small and medium business segment is expected to dominate the market over the forecast period and reach USD 5.2 billion by 2028
The retail and e-commerce segment is expected to grow at the highest CAGR of 13.4% during the forecast period owing to the growing preference of individuals for online shopping from online shopping websites. e-commerce.
North America is expected to account for the largest market share during the forecast period. The regional market is expected to reach USD 3.9 billion by 2028, driven by the presence of several prominent players in the region and rapid adoption of technologically advanced solutions.
Main topics covered:
Chapter 1. Methodology and scope
Chapter 2. Executive Summary
Chapter 3. Catalog Management System Market Variables, Trends and Scope
3.1. Mapping of penetration and growth prospects
3.2. Industry Value Chain Analysis
3.3. Market dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restriction Analysis
3.4. Business environment analysis tools
3.4.1. Industry Analysis – Porter’s Five Forces Analysis
3.4.2. PEST analysis
3.5. Analysis of key companies, 2020
3.6. Impact of COVID-19 on the Catalog Management System Market
Chapter 4. Catalog Management System Market: Outlook Type
4.1. Market size estimates & forecasts and trend analysis, 2018-2028 (USD Million)
4.1.1. Products catalogue
22.214.171.124. Market estimates & forecast by region, 2018 – 2028 (USD Million)
4.1.2. Services catalogue
126.96.36.199. Market estimates & forecast by region, 2018 – 2028 (USD Million)
Chapter 5. Catalog Management System Market: Component Outlook
5.1. Market size estimates & forecasts and trend analysis, 2018-2028 (USD Million)
188.8.131.52. Market estimates & forecast by region, 2018 – 2028 (USD Million)
5.1.2. A service
184.108.40.206. Market estimates & forecast by region, 2018 – 2028 (USD Million)
220.127.116.11. professional service
18.104.22.168. Managed service
Chapter 6. Catalog Management System Market: Outlook Deployment Type
Chapter 7. Catalog Management System Market: Organization Size Outlook
Chapter 8. Catalog Management System Market: Application Outlook
Chapter 9. Catalog Management System Market: Regional Outlook
Chapter 10. Competitive Landscape
For more information on this report, visit https://www.researchandmarkets.com/r/cp82aa