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Inventory Management Software - Global Market Trajectory & Analytics

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  • 227 Pages
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030180
Global Inventory Management Software Market to Reach $2.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Inventory Management Software estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027. Manually Managed Inventory Systems, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Barcode Scanning Systems segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $629.2 Million, While China is Forecast to Grow at 4.3% CAGR

The Inventory Management Software market in the U.S. is estimated at US$629.2 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$518.3 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Advanced Radio Frequency Systems (RFID) Segment to Record 5.8% CAGR

In the global Advanced Radio Frequency Systems (RFID) segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$198.5 Million in the year 2020 will reach a projected size of US$295.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$336.6 Million by the year 2027.

Select Competitors (Total 41 Featured):
  • Descartes Systems Group
  • Epicor Software Corporation
  • Fishbowl Inc.
  • IBM Corporation
  • JDA Software Group, Inc.
  • Kinaxis Inc.
  • Logility, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • Totvs S.A
Frequently Asked Questions about the Global Market for Inventory Management Software

What is the estimated value of the Global Market for Inventory Management Software?

The Global Market for Inventory Management Software was estimated to be valued at $2.1 Billion in 2020.

What is the growth rate of the Global Market for Inventory Management Software?

The growth rate of the Global Market for Inventory Management Software is 4.7%, with an estimated value of $2.9 Billion by 2027.

What is the forecasted size of the Global Market for Inventory Management Software?

The Global Market for Inventory Management Software is estimated to be worth $2.9 Billion by 2027.

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession


  • Total Companies Profiled: 41