Retail Inventory Management Software Market Business Revenue, Future Scope, Market Trends, Key Players and Forecast To 2027
                     Retail Inventory Management Software Market Business Revenue, 
Future Scope, Market Trends, Key Players and Forecast To 2027
Market Highlights
Market Research Future reveals that the global 
retail inventory management software market 2020 would gain a higher growth rate. The 
rise of the market is expected because of soaring factors following the demand-sapping 
Coronavirus pandemic. This suggests that the stocks of the market will rise, post-course of 
COVID 19 disease epidemic resulting in losses incurred in the last three months. The 
growth of the market is suspected to be from 2020 to 2027—forecasted period. 
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Key players
The top players in the global retail inventory management software market are listed as 
Oracle Corporation (U.S.), Epicor Software Corporation (U.S.), Microsoft Corporation 
(U.S.), SAP SE (Germany), Netsuite (U.S.), JDA Software (U.S.), inFlow Inventory 
Software (Canada), Fishbowl (U.S.), Totvs S.A (Brazil), IBM Corporation (U.S.), and 
Quintiq (Netherlands). 
Regional Analysis
Regionally, the global retail inventory management software market, is studied among the 
key regions of Asia Pacific, Europe, North America, and Rest of the world. 
The North America retail inventory management software market occupied a significant 
value share in the global market and is possible to maintain its leadership in the global 
inventory management software market over the forecast period. The inventory 
management software market in the region is projected to embody a significant 
incremental opportunity in the coming years. The surge in need for efficient supply 
chain management is probable to support the development of the North America 
inventory management software market in the assessment period. In the case of point, 
back in February 2017, FedEx launched a multi-channel e-commerce fulfilment and 
inventory management platform, FedEx Fulfilment for SMEs.
The advantages of retail inventory management software have encouraged retail and 
manufacturing companies across developing regions such as APAC and China to retail 
adopt inventory management software for gaining operational efficiency and 
productivity in their warehouse management operations. APAC region is likely to offer 
attractive opportunities for retail inventory management software manufacturers.
Top Impacting Factors
The expansion of the retail inventory management software market is predominantly driven by the 
adoption of advanced technologies in the developing economies in various regions spread globally. 
The mounting adoption of mobile devices, such as Smartphones and tablets and the rising popularity 
of mobile commerce are motivating the growth of the retail inventory management software industry. 
Numerous retailers have started replacing their physical stores with online stores. Technological 
advances have to lead to the Internet to become more predominant and secure, which has resulted 
in an escalating number of online shoppers. 
MRFR’s analysts have also revealed that to gain a competitive benefit over the competitors, retailers 
will have the need to accomplish real-time efficiency and will be compelled to adopt inventory 
tracking software. These factors will be a significant growth factor for the market in the coming years. 
Other than this, the towering adoption of RFID technology is considered to be one of the key trends 
that will expand traction in the retail inventory software market in the next few years. Built on wireless 
technology, the RFID system is used for diverse purposes such as tracking objects and automatic 
identification. These factors have thus resulted in immense growth for the global retail inventory 
management software market.
Besides collecting real-time information about the status of ordered goods to customers and 
retailers, the RFID system has helped in minimizing the cost of operations by reducing the 
delivery time. This has mainly led to the market’s growth over time, which surged the demand 
as well. The extra advantages of retail inventory management software such as smart supplier 
management, deploying advanced logistics management, data-driven inventory optimization 
has also been an influential factor leading the growth of the market at a great extent.
Leading Segments
The global retail inventory management software market is segmented into deployment and 
end-user. 
The deployment-based segment is classified into on-demand and on-premise. 
End-user based segment classified into traditional retailers and off-price retailers. 
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