Market Research Report
Global Inventory Management Software Market Size study, by Component, by Deployment, by Industry and Regional Forecasts 2021-2027
|Global Inventory Management Software Market Size study, by Component, by Deployment, by Industry and Regional Forecasts 2021-2027|
Published: January 8, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Inventory Management Software Market is valued at approximately USD 3.15 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.00 % over the forecast period 2021-2027. An inventory management software is a software system by which you track your goods throughout your supply chain, from purchasing to production to end sales. Increasing focus of market players on upgrading capabilities and features, rising popularity of cloud-based solutions has led to the adoption of Inventory Management Software across the forecast period. For Instance: In June 2018, Oracle Corporation launched a series of enhancements in its cloud-based warehouse management software to aid e-commerce companies in reducing their inventory costs and improving customer service. Also, with the increasing focus on supply chain management, the adoption & demand for Inventory Management Software is likely to increase the market growth during the forecast period. However, inadequate supply of inventory impedes the growth of the market over the forecast period of 2021-2027.
Global Inventory Management Software Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is among the fastest-developing regions owing to the presence of several retailers and manufacturing companies, which are focusing on omnichannel platforms. Whereas, Asia-Pacific is also anticipated to exhibit a significant growth rate over the forecast period 2021-2027. Factors such as industrialization would create profitable growth prospects for the Inventory Management Software market across Asia-Pacific region.
Major market players included in this report are:
Archon Systems, Inc.
Blue Younder (JDA Software)
Expresstech International LLC
Lightspeed POS, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:
Inventory Management Software
Inventory Management Services
SaaS-based Inventory Management Software
On-Premises Inventory Management Software
Consumer Goods and Retail
Oil and Gas
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Inventory Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures