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Inventory Management Software Market Share

Report ID: GMI2364
Published Date: Dec 2024
Report Format: PDF

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Inventory Management Software Market Share

Inventory Management Software Company Market Share, 2024

SAP, IBM, and Oracle hold a significant market share of over 24% in inventory management software industry. These companies are committed to continuous innovation, investing significantly in research and development to enhance their product capabilities and incorporate cutting-edge technologies such as artificial intelligence and machine learning. Their strong market presence is bolstered by robust partnerships with key players in various industries, enabling them to deliver tailored solutions that address diverse inventory management challenges.

Additionally, players such as Microsoft and Zoho are actively pursuing strategic alliances and collaborations with logistics providers and e-commerce platforms to broaden their service offerings. These companies are also leveraging cloud-based solutions and mobile technologies to improve user accessibility and operational efficiency. By integrating advanced analytics and automation into their software solutions, they are enabling businesses to optimize inventory levels, reduce costs, and enhance supply chain visibility. Such innovations not only drive operational excellence but also support businesses in adapting to the dynamic demands of the retail and manufacturing sectors, ultimately enhancing customer satisfaction and loyalty.

Inventory Management Software Market Companies

Major players operating in the inventory management software industry include:

International Business Machines (IBM)
Intuit
Manhattan Associates
Microsoft
Monday.com
NCR
Oracle
Sage Group
SAP SE
Zoho

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of inventory management software reached USD 3.9 billion in 2024 and is set to grow at a 6.4% CAGR from 2025 to 2034, driven by the increasing need for real-time inventory visibility and operational efficiency.

The order management segment is expected to grow at a CAGR of over 4% from 2025 to 2034, fueled by the rising demand for streamlined order processing and fulfillment.

The North America market accounted for over 40% of the global share in 2024, led by the adoption of advanced technology solutions and the increasing focus on automation and data analytics.

The key players in the market include International Business Machines (IBM), Intuit, Manhattan Associates, Microsoft, Monday.com, NCR, Oracle, Sage Group, SAP SE, and Zoho.