Top Factor Driving Retail Inventory Management Software Market Growth in 2025: The Expansion E-commerce Fuels Growth In The Retail Inventory Management Software Market

What industry-specific factors are fueling the growth of the retail inventory management software market?
The growth of the retail inventory management software market is set to be catalyzed by the booming e-commerce industry. E-commerce, an online business model enabling trade of products and services over the Internet, is expanding due to increased internet access and the changing shopper behavior favoring online purchases. The use of retail inventory management software in e-commerce helps to streamline stock management, order processing, and inventory synchronization across various online channels, underpinning seamless operations and heightened consumer satisfaction. For example, data from the United States Census Bureau, a U.S. government entity, reveals that e-commerce sales climbed to $1,118.7 billion in 2023, reflecting a 7.6% growth from 2022. As such, the blossoming e-commerce industry is fueling the growth of the retail inventory management software market.

Get Your Retail Inventory Management Software Market Report Here:
https://www.thebusinessresearchcompany.com/report/retail-inventory-management-software-global-market-report

What Is the projected market size and growth rate for the retail inventory management software market?
In recent times, we have seen a quick expansion in the market size of retail inventory management software. The market, which was valued at $8.37 billion in 2024, is projected to go up to $9.45 billion by 2025, showing a compound annual growth rate (CAGR) of 12.9%. The exponential growth observed in the past can be linked to the rise in e-commerce retailers, the globalization of supply chains, elevated customer expectations, stiff competition, market diversification, and the escalating complexity of products.

The market for retail inventory management software is predicted to experience swift expansion in the upcoming years, with its value shooting up to $15.22 billion by 2029, courtesy of a compound annual growth rate (CAGR) of 12.7%. This anticipated surge during the forecast period can be traced back to factors such as the trend towards cloud-based alternatives, an increasing focus on inventory transparency, the need for up-to-the-minute data, and the advancement of omnichannel retailing. Key trends anticipated throughout this timeline include the uptake of progressive analytics and artificial intelligence (AI), improved integration abilities, dedication to sustainability and eco-friendly practices, mobile-friendly features, and the incorporation of IoT.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14989&type=smp

What new trends are reshaping the retail inventory management software market and its opportunities?
Leading firms in the retail inventory management software market like ItemOptix are ramping up efforts to launch groundbreaking products in a bid to gain a competitive advantage. The cutting-edge radio-frequency identification inventory management software, ItemOptix, is aimed at enhancing retailers' inventory visibility, minimising out-of-stock scenarios, boosting operational efficiency, and bettering the shopping experience. For example, Checkpoint Systems, an American software corporation, launched the state-of-the-art RFID inventory management technology known as ItemOptix for Retail, in December 2023. This novel software tool empowers retailers to handle their inventory from production to sales effectively. It has an intuitive interface and self-service features that simplify initial setup and continuous system maintenance. Furthermore, its compatibility with industry-standard REST APIs enables quick and easy integration processes. This efficient deployment grants users greater control over inventory management, ensuring a smooth user experience.

What major market segments define the scope and growth of the retail inventory management software market?
The retail inventory management software market covered in this report is segmented -

1) By Type: Manually Managed Inventory Systems, Barcode Scanning Systems, Advanced Radio Frequency Systems (RFID)
2) By Deployment: On-Demand, On-Premise
3) By Pricing: Subscription, One-Time Payment
4) By Application: Order Management, Asset Tracking, Service Management, Product Differentiation, Inventory Optimization
5) By End-User: Traditional Retailers, Off-Price Retailers

Subsegments:
1) By Manually Managed Inventory Systems: Spreadsheet-Based Systems, Basic Inventory Software, Barcode Scanning Systems
2) By Barcode Scanning Systems: Handheld Barcode Scanners, Fixed Barcode Scanners, Mobile Barcode Scanners
3) By Advanced Radio Frequency Systems (RFID): Passive RFID Systems, Active RFID Systems, Semi-Passive RFID Systems

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14989

North America was the largest region in the retail inventory management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail inventory management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the retail inventory management software industry growth?
Major companies operating in the retail inventory management software market are Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Infosys Limited, Square Inc., Dassault Systèmes, Sage Group plc, Lawson Software, Epicor Software Corporation, Zoho Corporation, Manhattan Associates, Lightspeed Retail, Kinaxis Inc., Kewill Systems, Retalix Ltd., BluJay Solutions, Retail Pro International, Logility Inc., Brightpearl Limited, Wasp Barcode Technologies, InFlow Inventory Software, HighJump, Fishbowl, Aldata Software Management Inc., Ordoro

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=14989&type=smp

What Is Covered In The Retail Inventory Management Software Global Market Report?

•Market Size Forecast: Examine the retail inventory management software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retail inventory management software market for a structured understanding.
•Key Players Overview: Analyze major players in the retail inventory management software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retail inventory management software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retail inventory management software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retail inventory management software market.
•Industry Challenges: Identify potential risks and obstacles affecting the retail inventory management software market.
•Competitive Landscape: Review strategic developments in the retail inventory management software market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.