Retail Inventory Management Software Market Insights, Key Players, Research Overview and Size Estimation To 2027
SUMMERY:
Market Research Future published a research report on “Retail Inventory
Management Software Market Research Report- Global Forecast 2027” – Market
Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.
Market
Highlights:
The global retail
inventory management software market is expected to grow rapidly through
the forecast period. The growth of e-commerce industry, need for asset tracking
in inventory with the help of mobile devices, and centralization of inventory
data among various verticals are promoting the growth for the market.The global
retail inventory management software market is classified into deployment,
end-user, and region.
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Key
players
Some of the key
players in the global retail inventory management software market are Epicor
Software Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany),
Microsoft Corporation (U.S.), JDA Software (U.S.), Netsuite (U.S.), Fishbowl
(U.S.), inFlow Inventory Software (Canada), IBM Corporation (U.S.), Totvs S.A
(Brazil), Retalix Ltd (Israel), and Quintiq (Netherlands), among others.
Other vendors
include Sage Group plc (U.K), Logility, Inc (U.S.), Lawson Software (U.S.),
Aldata Software Management Inc (Canada), Accellos (U.S.), BluJay Solutions.
(U.S.), Kinaxis (Canada), Kewill Systems (U.S.), Manhattan Associates (U.S.),
Servigistics (U.S.), and GTNexus (U.S.), among others.
The prominent
players constantly keep on innovating and investing in research and development
in order to present a cost-effective portfolio. There have been recent mergers
and acquisitions among the key players, where the business entities expect to
strengthen their reach to their customer.
Regional
Analysis
On the basis of
geography, the market is studied for North America, Europe, Asia Pacific, and
Rest of the World. Among these regions, the market is majorly dominated by
North America, at present, due to higher concentration of inventory management
companies in countries, such as the United States and Canada.
Europe has acquired
the second largest market share and is expected to show a decent growth in the
retail inventory management software market. However, the Asia Pacific region
is expected to show the highest CAGR during the forecast period. There are
various new entrants in India and China that are developing the related
software for inventory management. Furthermore, the retail industry in Asia
Pacific is booming, which is driving the growth of market in Asia Pacific
region.
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