Catalog Management Software Market by Deployment, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR41303
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The catalog management software market has the potential to grow by USD 963.55 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 12.48%.

This catalog management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (retail, e-commerce, marketing and media, manufacturing, and others), deployment (cloud-based and on-premise), and geography (North America, APAC, Europe, South America, and MEA). The catalog management software market report also offers information on several market vendors, including Claritum, Coupa Software Inc., eCom Sol Inc., Fujitsu Ltd., International Business Machines Corp., New Oxatis, Oracle Corp., Proactis Holdings Plc, Salsify Inc., and SAP SE among others.

What will the Catalog Management Software Market Size be in 2021?

Catalog-Management-Software-Market-Market-Size-2020-2025

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Catalog Management Software Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing affordability of catalog management software is notably driving the catalog management software market growth, although factors such as increasing threats from open-source software may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the catalog management software industry get your FREE report sample now.

  • The rising affordability of catalog management software is one of the primary factors driving catalog management software market growth.
  • The affordable pricing and planning offered by providers are boosting the demand for catalog management software.
  • The moderately priced catalog management software allows end-users to manage the huge database of suppliers, contact information, and other details of products and services, enabling automation of the entire process. These end-users include software and services, healthcare, food and retail, and financial services industries.
  • The fees associated with the catalog management marketplace model are upfront and fully transparent. This is a simple monthly per-user subscription fee for buy-side users and no cost for suppliers.
  • Catalog management represents a solution for organizations to consolidate data into a single digital marketplace. It is the best way to consolidate data into a single source of truth for all customers, suppliers, processes, and policies.
  • The increasing demand for improved catalog management is one of the key catalog management software market trends as it is beneficial in matching data, removing duplicates, and ensuring consistency. The real benefit to catalog management is in the utilization of master data.
  • Catalog management software allows end-users to manage all their product data in a single system and update catalogs in multiple formats.
  • The software helps to simplify the workflow and manage all catalog changes regardless of the channel, platform, or location. It also enables the enrichment of product data and necessitates the change of information.

This catalog management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Catalog Management Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Claritum
  • Coupa Software Inc.
  • eCom Sol Inc.
  • Fujitsu Ltd.
  • International Business Machines Corp.
  • New Oxatis
  • Oracle Corp.
  • Proactis Holdings Plc
  • Salsify Inc.
  • SAP SE

 

The catalog management software market is fragmented and the vendors are deploying growth strategies such as acquiring smaller and regional players to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the catalog management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Catalog Management Software Market?

Catalog-Management-Software-Market-Market-Share-by-Region-2020-2025

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40% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for catalog management software in North America. Market growth in this region will be faster than the growth of the market in Europe and South America.

The rapid increase in data generation across industry verticals such as retail, healthcare, and e-commerce due to increased digital transformation will facilitate the catalog management software market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Catalog Management Software Market?

Catalog-Management-Software-Market-Market-Share-by-End-2020-2025

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The catalog management software market share growth by the retail segment will be significant during the forecast period. In distribution, resale, and retail, there are many suppliers, and one of their key costs is catalog management. The profit is determined by the margin management of the catalog items. This will fuel the demand for catalog management software in the retail sector.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the catalog management software market size.

 

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What are the Key Factors Covered in this Catalog Management Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive catalog management software market growth during the next five years
  • Precise estimation of the catalog management software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the catalog management software industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of catalog management software market vendors

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Catalog Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 12.48%

Market growth 2021-2025

$ 963.55 million

Market structure

Fragmented

YoY growth (%)

14.97

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 40%

Key consumer countries

US, Germany, China, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Claritum, Coupa Software Inc., eCom Sol Inc., Fujitsu Ltd., International Business Machines Corp., New Oxatis, Oracle Corp., Proactis Holdings Plc, Salsify Inc., and SAP SE

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The catalog management software market growth will increase by $423.22 million during 2019-2024.
The catalog management software market is expected to grow at a CAGR of 8.06% during 2019-2024.
Technavio has segmented the catalog management software market by end user (Retail, e-commerce, Marketing and media, Manufacturing, and Others) and geographic (North America, Europe, APAC, and South America).
Claritum Ltd., Coupa Software Inc., Fujitsu Ltd., International Business Machines Corp., Oracle Corp., OXATIS SA, Proactis Holdings Plc, Salsify Inc., SAP SE, VINIEO LLC are a few of the key vendors in the catalog management software market.
North America will register the highest growth rate of 44.14% among the other regions. Therefore, the catalog management software market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the catalog management software market growth are:
  • Growing affordability of catalog management software
  • Increasing demand for product catalog management by e-commerce merchants
The catalog management software market vendors should focus on grabbing business opportunities from the retail segment as it accounted for the largest market share in the base year.
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