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North America Inventory Management Software Market Size, Share & Industry Trends Analysis Report By Enterprise Type (Large Enterprises, and Small & Medium Enterprises (SMEs)), By Deployment, By End-use, By Application, By Country and Growth Forecast, 2023

Publisher Knowledge Based Value (KBV) Research
Published Dec 15, 2023
Length 124 Pages
SKU # KBV18389067

Description

North America Inventory Management Software Market Size, Share & Industry Trends Analysis Report By Enterprise Type (Large Enterprises, and Small & Medium Enterprises (SMEs)), By Deployment, By End-use, By Application, By Country and Growth Forecast, 2023 - 2030


The North America Inventory Management Software Market would witness market growth of 10.4% CAGR during the forecast period (2023-2030).

One of the primary uses of IMS is real-time inventory tracking. Businesses can monitor stock levels, track movement, and receive instant updates on inventory changes. This feature is crucial for preventing stockouts, backorders, and overstock situations. IMS utilizes advanced algorithms and historical data to predict future demand. Efficient order processing is a key component of inventory management. IMS automates order fulfillment processes, reducing the time and effort required for manual handling. This results in quicker order turnaround times and improved customer satisfaction. IMS facilitates effective supplier relationship management by providing insights into supplier performance, lead times, and pricing.

The shift towards cloud-based IMS is a notable trend in the market. Cloud solutions offer scalability, accessibility, and cost-effectiveness, allowing businesses to access their inventory data anywhere. The integration of IMS with Internet of Things (IoT) devices is gaining traction. This enables real-time inventory monitoring through sensors and connected devices, providing granular visibility into the supply chain. IoT integration enhances data accuracy and facilitates proactive decision-making. These technologies enable predictive analytics, helping businesses anticipate demand patterns, identify trends, and make informed decisions for inventory optimization.

As per the International Trade Administration, the US automotive industry is one of the world's largest. In 2020, the United States sold 14.5 million light vehicles. The United States is the world's second-largest vehicle sales and production region. According to Autos Drive America, global automakers produced 5 million vehicles in the United States in 2020. IMS provides the tools to manage inventory levels, track product availability, and synchronize data across various online sales channels in Mexico. The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. The factors mentioned above will drive the regional market growth.

The US market dominated the North America Inventory Management Software Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,156.6 million by 2030. The Canada market is experiencing a CAGR of 12.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 11.9% during (2023 - 2030).

Based on Enterprise Type, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Deployment, the market is segmented into On-premises, and Cloud. Based on End-use, the market is segmented into Manufacturing, Retail & Consumer Goods, Automotive, Energy & Utilities, Healthcare, and Others. Based on Application, the market is segmented into Inventory Control & Tracking, Order Management, Asset Management, Scanning & Barcoding, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zoho Corporation Pvt. Ltd., IBM Corporation, Oracle Corporation, Lightspeed Commerce Inc., CIN7 Limited, Linnworks, Intuit Inc., Acumatica, Inc., Fishbowl Inventory and Brightpearl (Sage Group plc).

Scope of the Study

Market Segments covered in the Report:

By Enterprise Type
  • Large Enterprises
  • Small & Medium Enterprises (SMEs)
By Deployment
  • On-premises
  • Cloud
By End-use
  • Manufacturing
  • Retail & Consumer Goods
  • Automotive
  • Energy & Utilities
  • Healthcare
  • Others
By Application
  • Inventory Control & Tracking
  • Order Management
  • Asset Management
  • Scanning & Barcoding
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Zoho Corporation Pvt. Ltd.
  • IBM Corporation
  • Oracle Corporation
  • Lightspeed Commerce Inc.
  • CIN7 Limited
  • Linnworks
  • Intuit Inc.
  • Acumatica, Inc.
  • Fishbowl Inventory
  • Brightpearl (Sage Group plc)
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

124 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Inventory Management Software Market, by Enterprise Type
1.4.2 North America Inventory Management Software Market, by Deployment
1.4.3 North America Inventory Management Software Market, by End-use
1.4.4 North America Inventory Management Software Market, by Application
1.4.5 North America Inventory Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, May – 2023, Oct) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Inventory Management Software Market by Enterprise Type
5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium Enterprises (SMEs) Market by Region
Chapter 6. North America Inventory Management Software Market by Deployment
6.1 North America On-premises Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Inventory Management Software Market by End-use
7.1 North America Manufacturing Market by Country
7.2 North America Retail & Consumer Goods Market by Country
7.3 North America Automotive Market by Country
7.4 North America Energy & Utilities Market by Country
7.5 North America Healthcare Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Inventory Management Software Market by Application
8.1 North America Inventory Control & Tracking Market by Country
8.2 North America Order Management Market by Country
8.3 North America Asset Management Market by Country
8.4 North America Scanning & Barcoding Market by Country
8.5 North America Others Market by Country
Chapter 9. North America Inventory Management Software Market by Country
9.1 US Inventory Management Software Market
9.1.1 US Inventory Management Software Market by Enterprise Type
9.1.2 US Inventory Management Software Market by Deployment
9.1.3 US Inventory Management Software Market by End-use
9.1.4 US Inventory Management Software Market by Application
9.2 Canada Inventory Management Software Market
9.2.1 Canada Inventory Management Software Market by Enterprise Type
9.2.2 Canada Inventory Management Software Market by Deployment
9.2.3 Canada Inventory Management Software Market by End-use
9.2.4 Canada Inventory Management Software Market by Application
9.3 Mexico Inventory Management Software Market
9.3.1 Mexico Inventory Management Software Market by Enterprise Type
9.3.2 Mexico Inventory Management Software Market by Deployment
9.3.3 Mexico Inventory Management Software Market by End-use
9.3.4 Mexico Inventory Management Software Market by Application
9.4 Rest of North America Inventory Management Software Market
9.4.1 Rest of North America Inventory Management Software Market by Enterprise Type
9.4.2 Rest of North America Inventory Management Software Market by Deployment
9.4.3 Rest of North America Inventory Management Software Market by End-use
9.4.4 Rest of North America Inventory Management Software Market by Application
Chapter 10. Company Profiles
10.1 Zoho Corporation Pvt. Ltd.
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Oracle Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Lightspeed Commerce Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 CIN7 Limited
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Acquisition and Mergers:
10.5.3 SWOT Analysis
10.6 Linnworks
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Acquisition and Mergers:
10.6.3 SWOT Analysis
10.7 Intuit, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Acumatica, Inc.
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Fishbowl Inventory
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Acquisition and Mergers:
10.9.3 SWOT Analysis
10.10. Brightpearl (Sage Group plc)
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Acquisition and Mergers:
10.10.6 SWOT Analysis

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