Product Code: r10222
“Catalog Management System Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on catalog management system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for catalog management system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The catalog management system market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Product Catalogs; Service Catalogs
- 2) By Component: Solutions; Services
- 3) By Deployment Type: On-Premises; Cloud
- 4) By Organization Size: Large Enterprises; Small and Medium Enterprises (SMEs)
- 5) By Vertical: BFSI; Retail and eCommerce; Telecom; IT; Media and Entertainment; Travel and Hospitality; Other Verticals
- Companies Mentioned: International Business Machines Corporation; SAP SE; Oracle Corporation; Salsify Inc.; Coupa Software India Pvt. Ltd.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
The catalog management system refers to the software that consolidates and structures data of e-commerce products into a single, digital point of reference, which includes catalogs for both buyer and the merchant. It enables brand suppliers to deliver quality product data across a full catalog in a buyer's required format.
The main types of catalog management systems are product catalogs and service catalogs. Product catalogs are a sort of marketing collateral that contains key product information to assist consumers in making a purchasing choice. These details include product features, dimensions, descriptions, availability, price, weight, color, customer reviews, and more. The different components include solutions, and services and are deployed through on-premises and cloud. The several enterprise sizes include large enterprises, and small and medium enterprises (SMEs) and are utilized in various industries such as telecom, IT, travel and hospitality, retail and e-commerce, media and entertainment, and other verticals.
The catalog management system market research report is one of a series of new reports from The Business Research Company that provides catalog management system market statistics, including catalog management system industry global market size, regional shares, competitors with a catalog management system market share, detailed catalog management system market segments, market trends and opportunities, and any further data you may need to thrive in the catalog management system industry. This catalog management system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The catalog management system market size has grown steadily in recent years. It will grow from $2. 79 billion in 2023 to $2. 86 billion in 2024 at a compound annual growth rate (CAGR) of 2. 5%. The growth in the historic period can be attributed to increased product complexity, regulatory compliance, customer expectations for personalization, efficiency and automation needs, multi-channel selling.
The catalog management system market size is expected to see steady growth in the next few years. It will grow to $3. 32 billion in 2028 at a compound annual growth rate (CAGR) of 3. 8%. The growth in the forecast period can be attributed to dynamic pricing strategies, subscription commerce models, rich media and video content management, environmental social, and governance (esg) considerations, pim and cms convergence. . Major trends in the forecast period include multi-cloud cms deployments, voice commerce optimization, collaboration tools integration, subscription commerce models, content ai for automated tagging, continuous content delivery. .
The increase in demand from the e-commerce industry for catalog management solutions is expected to drive the growth of the catalog management system market going forward. Catalogs are a list of items, organized into different groups for different purposes. Catalog management refers to the process of keeping the product database structured, organized, and updated across all online sales channels. As people's movement was restricted owing to lockdowns, there was a surge in demand for online products, causing the e-commerce sector's growth to accelerate, resulting in a shift toward catalog management solutions. For instance, according to the Springbord, a US-based information service provider, Global e-commerce sales accounted for almost $26. 7 trillion in online sales in 2020, with online retail sales increasing by 32. 4% year over year in 2020, and by 39% in Q1 2021. Therefore, the increasing demand for catalog management solutions in the eCommerce industry drives the catalog management system market growth.
The increasing internet penetration is expected to propel the growth of the catalog management system market going forward. The internet is a global network of interconnected computers, providing access to a vast array of information and services, making it an essential part of modern life. The internet plays a pivotal role in catalog management systems, enabling businesses to efficiently update, organize, and share product information while ensuring real-time accessibility to customers and partners. For instance, in July 2023, according to the Canadian Internet Use Survey 2022 by Statistics Canada, a Canada-based government agency for national statistics, internet usage among Canadians aged 15 and older increased from 92% in 2020 to 95% in 2022. Canadians 75 years of age and older experienced the biggest increase, going from 62% in 2020 to 72% in 2022. Therefore, the increasing internet penetration is driving the growth of the catalog management system market.
Artificial intelligence and automation have emerged as a key trend gaining popularity in catalog management systems. The catalog management system is a process that enables brand suppliers to deliver quality product data across a full catalog. Artificial intelligence and automation are approaches and theories that are used to construct computers that can simulate intelligence. The catalog system's AI and automation improve product tagging, description, visualization, catalog insights, and other features. For instance, according to Vue. ai, a U. S. -based end-to-end retail automation platform, catalog system AI and automation improvements have resulted in a 51% increase in accuracy for better search and discovery, a 75% reduction in traditional photoshoot costs, a 40% increase in conversion rate, and a 30% increase in unique product views in 2021.
Major companies operating in the catalog management system market are focused on launching no-cost catalogs to gain a competitive edge in the market. No-cost catalogs provide a cost-effective way for businesses to showcase their products and reach a wider audience without incurring additional expenses. For instance, in April 2022, Salsify Inc., a US-based e-commerce software company, launched a new Open Catalog for retailers in the grocery, alcoholic beverage, and petcare categories. Salsify Open Catalog is a no-cost, open, and standardized repository of product content, offering retailers and brands a seamless way to exchange information, guaranteeing that every retailer possesses current product data, all the while streamlining the process for both parties. Open catalogs consolidate product details into a unified, standardized structure, permitting all participants to collectively access and revise data in real time.
In October 2021, Salsify, a US-based software company, acquired SKUvantage for an undisclosed amount. Through this acquisition, Salsify expands its commerce experience management network to Australia. SKUvantage is an Australia-based company that offers Commerce Experience Management (CommerceXM) platform.
Major companies operating in the in the catalog management system market report are International Business Machines Corporation, SAP SE, Oracle Corporation, Salsify Inc., Coupa Software India Pvt. Ltd., ServiceNow Inc., Proactis Holdings Limited, Broadcom Inc., Fujitsu Limited, Comarch SA, Zycus Inc., GEP Worldwide, Telefonaktiebolaget LM Ericsson, Amdocs Limited, Episerver Inc., Hansen Technologies Limited, Vinculum Inc., Claritum Limited, EJeeva Technologies Pvt. Ltd., SunTec Business Solutions Pvt. Ltd., Plytix. com Inc., Mirakl Inc., Sellercloud Inc., Vroozi Inc., CatBase Publishing Systems Ltd., Akeneo SAS, nChannel Inc., Contalog, Sales Layer S. L., Hubwoo Inc., Pinnacle Cart (Actinic), Sigmento Inc.
North America was the largest region in the catalog management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the catalog management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the catalog management system market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The catalog management system market includes revenues earned by entities by providing software tools that automate the processes of editing, adding, and modifying product information to organize and consolidate e-commerce product data at a single source. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary
2. Catalog Management System Market Characteristics
3. Catalog Management System Market Trends And Strategies
4. Catalog Management System Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On The Market
- 4.2. Ukraine-Russia War Impact On The Market
- 4.3. COVID-19 Impact On The Market
5. Global Catalog Management System Market Size and Growth
- 5.1. Global Catalog Management System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global Catalog Management System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
- 5.3. Global Catalog Management System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Catalog Management System Market Segmentation
- 6.1. Global Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Product Catalogs
- Service Catalogs
- 6.2. Global Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Services
- Solutions
- 6.3. Global Catalog Management System Market, Segmentation By Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- On-Premises
- Cloud
- 6. 4. Global Catalog Management System Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- 6. 5. Global Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- BFSI
- Retail and eCommerce
- Telecom
- IT
- Media and Entertainment
- Travel and Hospitality
- Other Verticals
7. Catalog Management System Market Regional And Country Analysis
- 7.1. Global Catalog Management System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 7.2. Global Catalog Management System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Catalog Management System Market
- 8.1. Asia-Pacific Catalog Management System Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.3. Asia-Pacific Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8. 4. Asia-Pacific Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Catalog Management System Market
- 9.1. China Catalog Management System Market Overview
- 9.2. China Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.3. China Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9. 4. China Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Catalog Management System Market
- 10.1. India Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.2. India Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.3. India Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Catalog Management System Market
- 11.1. Japan Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.2. Japan Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.3. Japan Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Catalog Management System Market
- 12.1. Australia Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.2. Australia Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.3. Australia Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Catalog Management System Market
- 13.1. Indonesia Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.2. Indonesia Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.3. Indonesia Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Catalog Management System Market
- 14.1. South Korea Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.2. South Korea Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.3. South Korea Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Catalog Management System Market
- 15.1. Western Europe Catalog Management System Market Overview
- 15.2. Western Europe Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.3. Western Europe Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15. 4. Western Europe Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Catalog Management System Market
- 16.1. UK Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.2. UK Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.3. UK Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Catalog Management System Market
- 17.1. Germany Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.2. Germany Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.3. Germany Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Catalog Management System Market
- 18. 5. France Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18. 6. France Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18. 7. France Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Catalog Management System Market
- 19. 9. Italy Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.10. Italy Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.11. Italy Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Catalog Management System Market
- 20.13. Spain Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.14. Spain Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.15. Spain Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Catalog Management System Market
- 21.1. Eastern Europe Catalog Management System Market Overview
- 21.2. Eastern Europe Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.3. Eastern Europe Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21. 4. Eastern Europe Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Catalog Management System Market
- 22.1. Russia Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.2. Russia Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.3. Russia Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Catalog Management System Market
- 23.1. North America Catalog Management System Market Overview
- 23.2. North America Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.3. North America Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23. 4. North America Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Catalog Management System Market
- 24.1. USA Catalog Management System Market Overview
- 24.2. USA Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.3. USA Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24. 4. USA Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Catalog Management System Market
- 25.1. Canada Catalog Management System Market Overview
- 25.2. Canada Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.3. Canada Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25. 4. Canada Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Catalog Management System Market
- 26.1. South America Catalog Management System Market Overview
- 26.2. South America Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.3. South America Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26. 4. South America Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Catalog Management System Market
- 27.1. Brazil Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.2. Brazil Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.3. Brazil Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Catalog Management System Market
- 28.1. Middle East Catalog Management System Market Overview
- 28.2. Middle East Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.3. Middle East Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28. 4. Middle East Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Catalog Management System Market
- 29.1. Africa Catalog Management System Market Overview
- 29.2. Africa Catalog Management System Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.3. Africa Catalog Management System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29. 4. Africa Catalog Management System Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Catalog Management System Market Competitive Landscape And Company Profiles
- 30.1. Catalog Management System Market Competitive Landscape
- 30.2. Catalog Management System Market Company Profiles
- 30.2.1. International Business Machines Corporation
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1. 4. Financial Performance
- 30.2.2. SAP SE
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2. 4. Financial Performance
- 30.2.3. Oracle Corporation
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3. 4. Financial Performance
- 30.2. 4. Salsify Inc.
- 30.2. 4.1. Overview
- 30.2. 4.2. Products and Services
- 30.2. 4.3. Strategy
- 30.2. 4. 4. Financial Performance
- 30.2. 5. Coupa Software India Pvt. Ltd
- 30.2. 5.1. Overview
- 30.2. 5.2. Products and Services
- 30.2. 5.3. Strategy
- 30.2. 5. 4. Financial Performance
31. Global Catalog Management System Market Competitive Benchmarking
32. Global Catalog Management System Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Catalog Management System Market
34. Catalog Management System Market Future Outlook and Potential Analysis
- 34.1 Catalog Management System Market In 2028 - Countries Offering Most New Opportunities
- 34.2 Catalog Management System Market In 2028 - Segments Offering Most New Opportunities
- 34. 3 Catalog Management System Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies
35. Appendix
- 35.1. Abbreviations
- 35.2. Currencies
- 35.3. Historic And Forecast Inflation Rates
- 35. 4. Research Inquiries
- 35. 5. The Business Research Company
- 35. 6. Copyright And Disclaimer