Production Information Management Market Projected To Be Worth Usd 23.72 Billion By 2032 With A Cagr Of 12.08%

The Production Information Management (PIM) Market is predicted to thrive substantially during the assessment era from 2023 to 2032 at a healthy CAGR of approximately 12.08% to attain a valuation of around USD 23.72 billion by the end of 2032. The key factors driving the PIM market include the increasing need for a centralized data storage system, the need for automation and digitization of production processes, the growing adoption of industrial IoT and big data analytics, and the rising demand for real-time monitoring and control of production processes.