Press release
Inventory Management Software Market 2020 Rising Demand and Tremendous Business Growth By monday.com, Stitch Labs, SAP, Zoho Corporation, Oracle, Microsoft, Fishbowl
Global Inventory Management Software market report brings into light key market dynamics of the sector. The competitive landscape section of the report gives a clear insight into the market share analysis of key industry players. The company profiles of all the major market players and brands that are dominating the Inventory Management Software market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values have been cited in the report. The study consists of a market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness.The analysis covered in Inventory Management Software report gives clear idea on various segments that are relied upon to view the quickest business development in the course of the estimate forecast frame. A variety of steps are employed while generating this report and the inputs from a specialized team of researchers, analysts and forecasters have been utilized here. An increasing value of global research in this era of globalization opens the door of global market for the products. The report examines rising opportunities in the ICT industry and associated influencing factors which are valuable for the businesses.
Leading Players operating in the Inventory Management Software Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. This report provides information on the production, sustainability, and prospects of several leading companies, including:
Zoho Corporation,
Oracle,
Microsoft,
SAP,
Stitch Labs,
monday, and others
According to the latest research, global demand for Inventory Management Software Market is expected to rise from its initial estimated value of USD 2.24 billion in 2018 to an estimated value of USD 3.60 billion by 2026, registering a CAGR of 6.12% in the forecast period. Increasing demand for RFID technology is driving the growth of this market.
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Be the first to knock the door showing potential that Global Inventory Management Software market is holding in it. Uncover the Gaps and Opportunities to derive most relevant insights from our research document to gain market size.
Unlock new opportunities with DBMR reports to gain insightful analyses about the Inventory Management Software market and have a comprehensive understanding. Learn about the market strategies that are being adopted by your competitors and leading organizations and also potential and niche segments/regions exhibiting promising growth
New vendors in the market are facing tough competition from established international vendors as they struggle with technological innovations, reliability and quality issues. The report will answer questions about the current market developments and the scope of competition, opportunity cost and more.
Market Trends in Inventory Management Software
Rising popularity of e- commerce is driving the growth of this market
Increasing usage of smartphones among population is another important factor driving market
Integrating multiple channels
Integrating big data analytics with the inventory management software
The demand for cybersecurity is rising
Adoption of cloud technology continues
Multichannel integration will become widespread
Increased demand for business intelligence
Competitive Landscape and Inventory Management Software Market Share Analysis
Inventory Management Software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Inventory Management Software market.
Key Developments in the Market:
In November 2018, SponServe announced that they are acquired KORE Software, which will help the KORE to expand its business in the international market. It will also help the KORE to sell faster and smarter services to the businesses along with SponServe.
In January 2019, Cultivera announced the launch of their new point-of-sale and retail management software Cultivera POS, for legal and cannabis stores. The main aim of the launch is to improve the efficiency of the seed-to-sale cannabis supply chain. It will also help the company to expand their business in retail as well as cannabis market by meeting the needs and requirement of the customers.
Major Market Segments
If you are involved in the Inventory Management Software industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented by By Type (Manually Managed Inventory System, Barcode Scanning System, Advanced Radio Frequency System), Application (Order Management, Asset Tracking, Service Management, Product Differentiation, Inventory Optimization), Deployment Model (On-premises, Cloud), Organization (SMB, Large Organization), End- User (Manufacturing, Medical/Healthcare, Retail, Automotive, Oil & Gas, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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Key Market Competitors: Inventory Management Software Industry
Few of the major competitors currently working in the inventory management software market are Ordoro, Inc., Fishbowl Inc., Zoho Corporation Pvt. Ltd., Oracle, Microsoft, SAP SE, Stitch Labs, monday.com, Dear Systems, Brightpearl, TradeGecko Pte. Ltd., Orderhive, HandiFox, SkuVault, Megaventory Inc., Wasp Barcode Technologies, Alterity, Inc., Manhattan Associates.
Global Inventory Management Software Market Methodology
Data Bridge Market Research presents, all the information, statistics and data included in this Inventory Management Software report is gathered from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. To succeed in this competitive market place, market research report plays a very important role by offering important and consequential market insights for your business.
This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods
TABLE OF CONTENTS
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Inventory Management Software Market, By Type
7 Inventory Management Software Market, By Application
8 Inventory Management Software Market Analysis, By Region
9 Competitive Landscapes
10 Company Profiles
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
Market Dynamics:
Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview
What Porter's Five Forces of Competitive Analysis Provides?
Competitive rivalry:- The main driver is the number and capability of competitors in the market. Many competitors, offering undifferentiated products and services, will reduce market attractiveness.
Threat of substitution:- Where close substitute products exist in a market, it increases the likelihood of customers switching to alternatives in response to price increases. This reduces both the power of suppliers and the attractiveness of the market.
Threat of new entry:- Profitable markets attract new entrants, which erodes profitability. Unless incumbents have strong and durable barriers to entry, for example, patents, economies of scale, capital requirements or government policies, then profitability will decline to a competitive rate.
Supplier power:- An assessment of how easy it is for suppliers to drive up prices. This is driven by the: number of suppliers of each essential input; uniqueness of their product or service; relative size and strength of the supplier; and cost of switching from one supplier to another.
Buyer power:- An assessment of how easy it is for buyers to drive prices down. This is driven by the: number of buyers in the market; importance of each individual buyer to the organisation; and cost to the buyer of switching from one supplier to another. If a business has just a few powerful buyers, they are often able to dictate terms.
Five forces analysis helps organizations to understand the factors affecting profitability in a specific industry, and can help to inform decisions relating to: whether to enter a specific industry; whether to increase capacity in a specific industry; and developing competitive strategies.
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