© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Inventory Management Software Market - Share, Growth, Analysis, Forecast to 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is estimated to be the leading region in the market owing to the presence of a large number of market players and rising requirements to streamline inventory and manage real-time data. The Asia Pacific region is anticipated to witness a high growth during the forecast period owing to the growing demand for automated tools at the workplace to improve the performance of the business. Furthermore, the growing popularity of e-commerce and increasing digitalization in developing countries including India and China are also driving the growth of the market. Regional Analysis of Inventory Management Software Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Inventory Management Software Market size is driven by the need to generate and manage orders, bills, and documents, especially in the retail and manufacturing industry. The growth of the market is driven by the increase in the omnichannel retailing and the growing popularity of the e-commerce. Inventory management software is also used for managing and tracking the inventory levels, deliveries, sales, and orders. The software offers several benefits, such as asset tracking & monitoring, order management, inventory optimization and product identification, driving its demand among the industry verticals.  The increasing demand for the RFID technology is also estimated to be one of the major factors that is driving the growth of the market. RFID is a wireless technology that is used for tracking and monitoring the assets. The technology automates warehouse control end-to-end and assists organizations in managing thousands of orders on a daily basis. Moreover, the technology offers a real-time analysis of inventories and orders. The better merchandising decision integrated with low operational cost will help the market growth in developing economies. Moreover, the software helps in the easy tracking using barcode scanners, smartphones, and tablets helping the market grow. In addition, the adoption of cloud, IoT, and RFID will become a key attraction for investors. Application Analysis of Inventory Management Software Market :

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the major vendors present in the inventory management software market are Oracle, Microsoft, Epicor, SAP, JDA Software, Accellos, Aldata Software, IBM, GTNexus, Totvs, Netsuite, Retalix, Quintiq, Kewill Systems, Kinaxis, etc. The growing demand for the inventory management software has intensified the competition amongst the market players. The players are adopting various strategies, such as mergers & acquisitions, product launches, geographical expansion, collaborations, and partnerships, to gain market share and get an edge over the competitors. Competitive Market Share of Inventory Management Software Market:

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