PUBLISHER: Value Market Research | PRODUCT CODE: 1342904
PUBLISHER: Value Market Research | PRODUCT CODE: 1342904
The global demand for Category Management Software Market is presumed to reach the market size of nearly USD 4.79 BN by 2030 from USD 1.92 BN in 2022 with a CAGR of 12.1% under the study period 2023 - 2030.
Category Management Software is software that automates the process of categorizing products. It helps retailers and wholesalers identify items in their inventory and assign them to the right category. This way, they can automatically show any products related to a certain category on their website. This type of software is also known as product cataloguing, product list management, product classification and merchandising system. It is applied in businesses such as retail stores, grocery stores, warehouses and clothing stores.
The increase in consumer spending, the increase in the number of retailers due to globalization, along with the introduction of new technologies in the retail industry are some of the factors that drive the demand for this market. Furthermore, with this software, it is easier for manufacturers to keep up with new trends in their market as well as get instant access to any inventory changes. This helps them purchase more efficiently, saving them large amounts of money and thereby pushing the demand of this market. However, there are some restraints too, like high cost, lack of skilled manpower etc., that can affect this market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of category management software. The growth and trends of category management software industry provide a holistic approach to this study.
This section of the category management software market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Category Management Software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the category management software market include Oracle Corp., Aptos LLC, Board International S.A., Interactive Edge, 42 Technologies Inc., Epicor Software Corp., Softvision, GEP, JAGGAER, DotActiv (Pty) Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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