Jan 12, 2023

Major Players Manhattan Associates, Blue Yonder Group, Inc., IBM Corporation, SAP SE, ACL Digital, HighJump, Oracle, VMWare Inc., Telefonaktiebolaget LM Ericsson, Telco Systems, NEC Corporation, Juniper Networks Inc., Hewlett Packard Enterprise Development LP, Softeon, Infor., Versa Networks Inc., Cisco Systems Inc. among others Segmentation Analysis Services segment is expected to be the fastest-growing segment in 2022. The offering segment includes solutions and services. The services segment is expected to witness the highest growth rate during the forecast period. The rise of the inventory management segment is largely driven by the adoption of inventory management software by SMEs worldwide. These programs are usually hosted on a cloud computing platform. SaaS is expected to be the fastest-growing segment in 2022. The deployment segment includes on-premise and SaaS. The SaaS segment is expected to witness the highest growth rate during the forecast period. There are two factors contributing to the expansion of the SaaS segment: greater awareness of its flexibility and scalability, as well as the increase in cloud platform usage. In order to gain the advantages afforded by SaaS, most companies have switched to cloud models from conventional on-premises systems. Manufacturing is expected to be the fastest-growing segment in 2022. The application segment includes consumer goods and retail, automotive, oil and gas, manufacturing, and others. The manufacturing segment is expected to witness the highest growth rate during the forecast period. Manufacturing organizations initially adopted Warehouse Management Solutions, but as manufacturing organizations increasingly require inventory control in order to fully control their supply chain, they are integrating inventory management software solutions into their operations. Regional Analysis            The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the inventory management software market include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia. The North American region witnessed a major share. Increasing awareness of cloud-based warehouse management systems and improvements in warehouse management systems are driving the growth of the WMS market in the American area. In North America, the WMS market is growing rapidly due to a number of factors including the presence of large companies with global distribution and warehousing operations and huge networks of third-party logistics providers (3PL). Country Analysis Germany Germany's Inventory Management Software market size was valued at USD 0.12 billion in 2022 and is expected to reach USD 0.88 billion by 2030, at a CAGR of 5.8% from 2023 to 2030. In order to meet client demand, vendors are constantly adopting new technologies, such as predictive ETAs, live oceans & geo-fencing, 3D visual warehouses, and others, which is boosting the growth of the market in the country. China China Inventory Management Software’s market size was valued at USD 0.18 billion in 2022 and is expected to reach USD 0.29 billion by 2030, at a CAGR of 6.4% from 2023 to 2030. RFID technology (Radio Frequency Identification) is gaining traction in China, offering inventory management software an opportunity for expansion. India India's Inventory Management Software market size was valued at USD 0.15 billion in 2022 and is expected to reach USD 0.23 billion by 2030, at a CAGR of 6% from 2023 to 2030. There are several factors driving the rapid expansion of the SaaS market in India, including the rapid rise of e-commerce and the growing need to reduce supply chain inefficiencies. Covid-19 Impact Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries. Furthermore, the growth of this market is mainly driven owing to the increased demand for inventory accuracy, propelling the growth of the market across the countries. Buy Now Full Report @ https://greyviews.com/checkout/339/single_user_license Contact Us