Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Inventory Management Software: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Inventory Management Software estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$4.4 Billion by 2030, growing at a CAGR of 12.1% over the analysis period 2022-2030.
Software, one of the segments analyzed in the report, is projected to record 11.1% CAGR and reach US$2.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 13.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $672.8 Million, While China is Forecast to Grow at 15.4% CAGR
The Inventory Management Software market in the U.S. is estimated at US$672.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$527.5 Million by the year 2030 trailing a CAGR of 15.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 11.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.
Select Competitors (Total 119 Featured) -
- Descartes Systems Group
- Epicor Software Corporation
- Fishbowl Inc.
- IBM Corporation
- JDA Software Group, Inc.
- Kinaxis Inc.
- Logility, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Totvs S.A
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 659 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.7 Billion |
| Forecasted Market Value (USD) by 2030 | $4.4 Billion |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Competition
- Inventory Management Software - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Here's Everything You Need to Know About the Importance & Benefits of Inventory Management
- Global Economic Update
- Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022
- War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation in 2022 to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
- War, Global Inflation, Cost of Living Crisis, Failed Fiscal Policy Attempts to Restore Price Stability & Contain Downside Risks to Result in Sharper-Than-Expected Slowdown in Global Economic Growth: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
- 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
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/m5qqn8
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