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Inventory management software is a software system for tracking inventory levels, orders, sales and deliveries. It can also be used in the manufacturing industry to create a work order, bill of materials and other production-related documents. Companies use inventory management software to avoid product overstock and outages.
Scope of the Report:
This report studies the Inventory Management Software in Retail market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Inventory Management Software in Retail market by product type and applications/end industries.
For startups and SMBs, tracking inventory in real time is very important. Not only can business owners track and collect data but also generate reports. At the same time, entrepreneurs can access cloud-based inventory data from a wide range of internet-enabled devices, including smartphones, tablets, laptops, as well as traditional desktop PCs. Cloud-based solutions also eliminate the need to hire a large IT workforce. The service provider will take care of maintaining the inventory software. Deploying web based inventory software is quite easy. All business owners have to do is sign up for a monthly or yearly subscription and start using the inventory management software via the internet. However, using the cloud means that data is managed by a third party provider and there can be a risk of data being accessed by unauthorized users.
The global Inventory Management Software in Retail market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Inventory Management Software in Retail.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- IBM
- SAP
- Microsoft
- Epicor Software
- JDA Software
- Oracle
- Aldata Software Management
- Descartes Systems
- Manhattan Associates
- Retalix
- Lawson
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Cloud Deployed Inventory Management Software
- On-premises Inventory Management Software
Market Segment by Applications, can be divided into
- Traditional Retailers
- Off-price Retailers