Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) -- The "Inventory Management Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Inventory Management Software Market to Reach $4.4 Billion by 2030
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.
The data provides insights into recent trends and future projections. Additionally, historical data for the years 2016 through 2021 is included to provide a perspective on past market performance. The analysis also offers a 14-year outlook, breaking down the percentage distribution of value sales for Inventory Management Software in the years 2016, 2023, and 2030.
The market is segmented into Software, Services, On-Premise, Cloud, and various industry sectors, such as Manufacturing, Consumer Goods & Retail, Automotive, Oil & Gas, and Other End-Uses, offering a comprehensive view of the market's dynamics across different regions and sectors.
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. Growth in the Services segment is estimated at 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$527.5 Million by the year 2030 trailing a CAGR of 15.4% over the analysis period 2022 to 2030.
The provided information offers a comprehensive analysis of the global Inventory Management Software market. It includes data on annual sales in US$ thousand for the years 2022 through 2030, covering various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
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.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
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
- World Brands
- Recent Market Activity
- Innovations
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
FOCUS ON SELECT PLAYERS(Total 119 Featured)
- Archon Systems, Inc.
- Blue Yonder Group, Inc.
- Brightpearl Ltd.
- Clear Spider
- Erply Ltd.
- Fishbowl
- Korber 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.
For more information about this report visit https://www.researchandmarkets.com/r/pg6u0
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
