Press Release / Technology / Retail Inventory Management Software Market Research Report by Forecast to 2023

Retail Inventory Management Software Market Research Report by Forecast to 2023

Retail Inventory Management Software 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.
The global Retail Inventory Management Software Market is classified into deployment, end-user, and region.
Retail inventory management software consists of tools that help to track, manage and organize material flow, including the time required for the end-product to leave the warehouse. In general, retail inventory software keeps track of whole supply chain process and helps in improving the efficiency of the inventory levels. This software helps in centralizing all the warehouse data located in different locations.
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Competitive Analysis:
The proliferation of e-commerce is one of the major reasons for the increased competition among vendors, as every service provider is trying to align with the current consumer trends. The players in the global retail inventory management software market are aiming to capitalize on such opportunities by introducing innovative features to meet client demands. Oracle Corporation and IBM Corporation, as key players, offer packaged inventory management solutions where as other vendors, such as Kewill Systems, offer customizable modules of inventory management software.
Some of the top companies currently operating in the global market for retail inventory management software include Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Netsuite (U.S.), inFlow Inventory Software (Canada), Totvs S.A (Brazil), Quintiq (Netherlands), Epicor Software Corporation (U.S.), Sage Group plc (U.K), Lawson Software (U.S.), Accellos (U.S.), Kinaxis (Canada), Manhattan Associates (U.S.), AP SE (Germany), JDA Software (U.S.), GTNexus (U.S.), Fishbowl (U.S.), Retalix Ltd (Israel), BluJay Solutions. (U.S.), Servigistics (U.S.), IBM Corporation (U.S.), Logility, Inc (U.S.), Aldata Software Management Inc (Canada), and Kewill Systems (U.S.).
Market Segmentation:
The global retail inventory management software market has been segmented based on deployment, end-users and region. On the basis of deployment, the market is segmented into on-demand and on-premise.
On the basis of end-users, it is segmented into traditional retailers and off-price retailers. On the basis of region, the global retail inventory management software market is segmented into North America, Europe, Asia-pacific and the rest of the world.
Regional Analysis:
North America currently leads the global retail inventory management software market due to the presence of major companies and organizations that are adopting the inventory management software in this region. Meanwhile, Asia Pacific market is expected to exhibit the fastest growth rate during the forecast period.
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Intended Audience:

Technology Integrators
Software Developers
Research Organizations
OEM
Supply Chain Implementers
Technology Investors
Testing
Government Agencies
Third Party Developers

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