Global Commercial Shelf Management Software Market 2023 by Company, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Commercial Shelf Management Software market size was valued at USD 727.7 million in 2022 and is forecast to a readjusted size of USD 1538.9 million by 2029 with a CAGR of 11.3% during review period.
Shelf management software is used to manage and handle merchandise on shelves, increase sales efficiency and gain a sales advantage. It helps merchants easily manage their inventory, keep abreast of what's on the shelves, and provide real-time data and statistics. With real-time inventory information and accurate product positioning, businesses can meet customer needs faster, provide a personalized shopping experience, and enhance customer loyalty. Through data analysis, merchants can understand product sales and customer needs, and replenish and adjust products in a timely manner. Help enterprises avoid the problem of excess or out of stock, optimize replenishment strategy, reduce inventory backlog and capital occupation.
Shelf management software plays an important role in the retail and warehousing industry, helping businesses improve inventory management, reduce operating costs, and provide efficient sales and customer service. The shelf management software industry is moving towards becoming more intelligent, data-driven and sustainable.
The development trend of shelf management software may be manifested in the following aspects:
Intelligent: With the development of artificial intelligence and Internet of Things technology, shelf management software will become more and more intelligent. For example, through smart sensors and machine learning algorithms, the inventory and sales of shelves can be monitored in real time, automatic replenishment and pricing optimization can be achieved.
Integration: Shelf management software will be integrated with other enterprise management systems such as ERP, CRM, and SCM to achieve data sharing and process optimization, and improve the overall operational efficiency of the enterprise.
Personalization: For retailers in different industries and sizes, shelf management software will provide more personalized solutions to meet their specific needs and business logic.
Sustainability: With increasing environmental awareness, shelf management software will increasingly focus on sustainability. For example, the carbon footprint of goods can be reduced by optimizing inventory management and reducing waste, while waste from overselling can be reduced through sales forecasting and optimized pricing.
Data analysis: With the development of big data technology, shelf management software will have more powerful data analysis functions to help retailers better understand customer purchasing behavior and market demand, thereby conducting more accurate product positioning and marketing strategies.
The above are just the possible development trends of shelf management software. The specific development needs to be observed and analyzed based on factors such as market demand and technological progress.
The Global Info Research report includes an overview of the development of the Commercial Shelf Management Software industry chain, the market status of Department Stores (Cloud Based, Web Based), Grocery/Supermarkets (Cloud Based, Web Based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Commercial Shelf Management Software.
Regionally, the report analyzes the Commercial Shelf Management Software markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Commercial Shelf Management Software market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Commercial Shelf Management Software market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Commercial Shelf Management Software industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Cloud Based, Web Based).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Commercial Shelf Management Software market.
Regional Analysis: The report involves examining the Commercial Shelf Management Software market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Commercial Shelf Management Software market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Commercial Shelf Management Software:
Company Analysis: Report covers individual Commercial Shelf Management Software players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Commercial Shelf Management Software This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Department Stores, Grocery/Supermarkets).
Technology Analysis: Report covers specific technologies relevant to Commercial Shelf Management Software. It assesses the current state, advancements, and potential future developments in Commercial Shelf Management Software areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Commercial Shelf Management Software market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Commercial Shelf Management Software market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Cloud Based
Web Based
Market segment by Application
Department Stores
Grocery/Supermarkets
Others
Market segment by players, this report covers
NielsenIQ
Trax Retail
Oracle
Symphony RetailAI
RELEX Solutions
Pensa Systems
SAS Institute
Blue Yonder
DotActiv
Shelf Logic
Focal Systems
LEAFIO AI
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Commercial Shelf Management Software product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Commercial Shelf Management Software, with revenue, gross margin and global market share of Commercial Shelf Management Software from 2018 to 2023.
Chapter 3, the Commercial Shelf Management Software competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Commercial Shelf Management Software market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Commercial Shelf Management Software.
Chapter 13, to describe Commercial Shelf Management Software research findings and conclusion.