Bill of Material (BOM) Software Market Report 2026

The bill of material (bom) software market size has grown strongly in recent years. It will grow from $9.64 billion in 2025 to $10.24 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to manual bom management, rising complexity of product assemblies, early adoption in automotive and aerospace, demand for accurate inventory tracking, limited integration with erp systems.

The bill of material (bom) software market size is expected to see strong growth in the next few years. It will grow to $12.59 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to adoption of cloud-based bom software, ai-driven component optimization, integration with digital twin technologies, expansion in consumer goods and industrial machinery sectors, increased demand for multi-location collaboration. Major trends in the forecast period include real-time bom updating, integration with erp and plm systems, cloud-based bom collaboration, automated component sourcing, process optimization and assembly tracking.

The increasing demand for remote collaboration is expected to fuel the growth of the bill of material (BOM) software market going forward. Remote collaboration refers to the process of working together on projects, tasks, or activities with individuals or teams in different physical locations. It is rising due to several factors, including the shift toward remote work, technological advancements that support virtual collaboration, and the need for flexible work arrangements. BOM software facilitates real-time updates to the bill of materials, ensuring all team members, regardless of their locations or schedules, can access the latest information and monitor changes as they occur. For instance, in June 2023, a report published by Upwork Global Inc., a US-based freelancing platform, estimated that 32.6 million Americans will be working remotely by 2025, representing about 22% of the workforce and an 87% increase from pre-pandemic levels. Therefore, the growing need for remote collaboration is driving the expansion of the bill of material (BOM) software market.

Major companies in the bill of materials (BOM) software market are prioritizing advanced solutions such as software bills of materials (SBOMs) to enhance transparency and mitigate supply-chain risks. SBOMs offer real-time insights into complex software environments, enabling organizations to make better-informed decisions regarding software supply chain vulnerabilities. For example, in April 2023, Eclypsium, a US-based digital supply chain security firm, introduced its Supply Chain Security Platform, which includes SBOM generation and verification for every software and system component. This helps organizations gain deeper visibility into component integrity, dependencies, and overall system risk.

In December 2023, Lynx Software Technologies, a US-based software company, acquired Timesys Corporation for an undisclosed amount. Through this acquisition, Lynx Software Technologies aims to leverage Timesys’ development and cybersecurity tools, along with its Linux engineering services, to assist customers in building, deploying, and maintaining high-assurance edge software solutions. Timesys Corporation is a US-based provider of software composition analysis (SCA) tools that support the creation and management of software bills of materials (SBOM).

Major companies operating in the bill of material (bom) software market are Siemens AG; Oracle Corporation; SAP SE; Dassault Systèmes SE; Autodesk Inc.; Cadence Design Systems Inc.; Infor Inc.; Altium Limited; Zuken Inc.; Silicon Expert; Tacton Systems AB; Arena Solutions Inc.; Aras Corporation; SofTech Group Inc.; Omnify Software Inc.; Onshape Inc.; PTC Inc.; Propel PLM; OpenBOM; Visure Solutions; Luminovo.

North America was the largest region in the bill of material (BOM) software market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bill of material (bom) software market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bill of material (bom) software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the bill of material (BOM) software market by increasing costs associated with imported software licenses, servers, and cloud infrastructure components. Regions such as North America, Europe, and Asia-Pacific are most affected due to dependency on international software vendors and hardware suppliers. Segments like cloud-based BOM collaboration and ERP-integrated solutions face higher deployment costs and potential delays. On the positive side, tariffs are driving local software development, promoting innovation in automated BOM solutions, and encouraging enterprises to invest in homegrown, cost-efficient alternatives.

The bill of material (bom) software market research report is one of a series of new reports that provides bill of material (bom) software market statistics, including bill of material (bom) software industry global market size, regional shares, competitors with a bill of material (bom) software market share, detailed bill of material (bom) software market segments, market trends and opportunities, and any further data you may need to thrive in the bill of material (bom) software industry. This bill of material (bom) software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Bill of materials (BOM) software is a tool designed to facilitate the creation, management, and optimization of bill of materials, which comprises a detailed list of all the parts, materials, and processes necessary to manufacture a product. This software streamlines the assembly and sub-assembly processes by automatically guiding users to locate components and checking their availability, thereby enhancing efficiency and productivity in manufacturing operations.

The primary types of bill of material (BOM) software include engineering BOM, manufacturing BOM, and service BOM. An engineering bill of materials (BOM) encompasses a comprehensive list of all components, parts, assemblies, and sub-assemblies necessary to manufacture a product in accordance with its engineering specifications. This software can be deployed both on-premise and in the cloud, catering to organizations of various sizes ranging from small and medium enterprises (SMEs) to large enterprises. It finds applications across diverse industries such as automotive, aerospace and defense, electrical and electronics, medical devices, industrial machinery, and consumer goods, facilitating efficient management of product development processes.

The bill of materials (BOM) software market includes revenues earned by entities by providing real-time data monitoring, supply chain management, product data management, and consumer health and safety. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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