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Inventory Management Software - Global Strategic Business Report

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    Report

  • 659 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030180
The global market for Inventory Management Software is estimated at US$1.9 Billion in 2023 and is projected to reach US$4.4 Billion by 2030, growing at a CAGR of 12.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the inventory management software market is driven by several factors. Firstly, the increasing complexity of supply chains and the need for real-time inventory visibility are significant drivers. Secondly, the adoption of advanced technologies such as AI, machine learning, and IoT is enhancing the capabilities of inventory management systems. Thirdly, the rise of e-commerce and omnichannel retailing is boosting the demand for efficient inventory management solutions to handle the growing volume of online orders.

Additionally, the need to reduce operational costs and improve efficiency is encouraging businesses to invest in automated inventory management tools. Furthermore, the trend towards digital transformation and cloud-based solutions is making inventory management software more accessible to small and medium-sized enterprises (SMEs). Lastly, regulatory requirements for accurate inventory reporting and compliance are also driving the adoption of inventory management software.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Inventory Management Software segment, which is expected to reach US$2.6 Billion by 2030 with a CAGR of a 11.2%. The Inventory Management Services segment is also set to grow at 13.9% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $746.4 Million in 2023, and China, forecasted to grow at an impressive 15.7% CAGR to reach $527.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Inventory Management Software Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Inventory Management Software Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Inventory Management Software Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Archon Systems, Inc., Blue Yonder Group, Inc., Brightpearl Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 119 Featured):

  • Archon Systems, Inc.
  • Blue Yonder Group, Inc.
  • Brightpearl Ltd.
  • Clear Spider
  • Erply Ltd.
  • Fishbowl
  • Körber AG
  • IBM Corporation
  • Infor, Inc.
  • Kinaxis Inc.
  • Lightspeed POS, Inc.
  • Microsoft Corporation
  • NCR Corporation
  • Oracle Corporation
  • Revel Systems, Inc.
  • Sage Group PLC
  • SAP SE
  • Wasp Barcode Technologies
  • Zebra Corporation
  • Zoho Corporation Pvt. Ltd.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competition
  • Inventory Management Software - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Here's Everything You Need to Know About the Importance & Benefits of Inventory Management
  • Global Economic Update
  • World Brands
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Supply Chain Disruptions & Ensuing Digitalization Efforts to Benefit Demand for Inventory Management Software
  • Year 2020 Disruptions in Healthcare Supply Chain & Ensuing Efforts to Better Manage Them to Drive Demand for Inventory Management Software in the Healthcare Sector
  • With Smart Management Being the Need of the Hour, Inventory Management in Pharma & Healthcare to Bag Bigger Shares of Supply Chain Management Budgets: Global Opportunity in Healthcare Supply Chain Management (In US$ Million) for Years 2021, 2023, 2025, and 2027
  • Manufacturers Reassess their Inventory Management Strategies Amid Semiconductor Chip Shortages
  • As the Wait for Chips Continues, Manufacturers Move to JIC Inventory Strategies Thereby Driving Focus on Inventory Management Software to Ensure Optimum Stock Levels: Global Lead Times for Chips (In Weeks) for Years 2017 Through 2022
  • As Just In Case (JIC) Inventory Gains in Popularity Amid Unpredictable Times, Demand for Inventory Management Will Grow Stronger
  • Here’s Why Inventory Management Software is Needed to Manage Bull Whip Effect Associated With JIC Strategies
  • Expanding Retail Industry & Dynamic Inventory Movement Drive Opportunities for Inventory Management Solutions
  • Growing Retail Industry Provides a Fertile Environment for the Adoption of Inventory Management Software: Global Retail Industry (In US$ Trillion) for Years 2022, 2024, 2026, and 2028
  • Artificial Intelligence Emerges to Revolutionize Inventory Management
  • Blockchain’s Role in Inventory Management: A Review
  • Cloud Based Inventory Management Storms Into the Spotlight
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Inventory Management Software Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Inventory Management Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Inventory Management Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 4: World 14-Year Perspective for Inventory Management Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 7: World 14-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 10: World 14-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 13: World 14-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 16: World 14-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 19: World 14-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Consumer Goods & Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Consumer Goods & Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 22: World 14-Year Perspective for Consumer Goods & Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 25: World 14-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 28: World 14-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2022 and % CAGR
  • TABLE 31: World 14-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Inventory Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Inventory Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Inventory Management Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Archon Systems, Inc.
  • Blue Yonder Group, Inc.
  • Brightpearl Ltd.
  • Clear Spider
  • Erply Ltd.
  • Fishbowl
  • Körber AG
  • IBM Corporation
  • Infor, Inc.
  • Kinaxis Inc.
  • Lightspeed POS, Inc.
  • Microsoft Corporation
  • NCR Corporation
  • Oracle Corporation
  • Revel Systems, Inc.
  • Sage Group PLC
  • SAP SE
  • Wasp Barcode Technologies
  • Zebra Corporation
  • Zoho Corporation Pvt. Ltd.

Table Information