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Inventory Management Software Market to Reach $4.8 Billion, Globally, by 2032 at 8.7% CAGR: Allied Market Research

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2 years ago

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The global inventory management software market is experiencing growth due to several key factors. The increase in adoption of e-commerce platforms and the need for efficient supply chain management are driving the demand for inventory management solutions.

PORTLAND, Ore., Aug. 1, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Inventory Management Software Market by Deployment Mode (On-Premise and Cloud), Application (Inventory Control and Tracking, Order Management, Scanning and Barcoding, Asset Management and Others), Enterprise Type (Large Enterprises and SMEs), and Industry Vertical (Manufacturing, Retail and Consumer Goods, Healthcare and Life Sciences, Energy and Utilities, Automotive and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the inventory management software market was valued at $2.3 billion in 2023, and is estimated to reach $4.8 billion by 2032, growing at a CAGR of 8.7% from 2024 to 2032.

Prime determinants of growth 

The integration of advanced technologies such as AI, IoT, and blockchain is enhancing the capabilities of inventory management software, making it more attractive to businesses. However, challenges such as the high cost of software and the expenses related to implementation and training pose barriers to market growth. In addition, concerns about data security and privacy can deter some organizations from adopting these solutions. Despite these challenges, the market is poised for significant growth. The rise in demand for automation and digitalization in various industries, along with the increasing trend toward cloud-based solutions, provides lucrative opportunities for market expansion. Furthermore, the growing emphasis on real-time inventory tracking and analytics to optimize operations and reduce costs is expected to fuel the adoption of inventory management software globally. 

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Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2024–2032 

Base Year 

2023

Market Size in 2023 

$2.3 Billion

Market Size in 2032 

$4.8 Billion

CAGR 

8.7 %

No. of Pages in Report 

200

Segments Covered 

Deployment Mode, Application, Enterprise Size, Industry Vertical, and Region. 

Drivers 

Growing Adoption of Business Process Automation for Seamless Inventory Control to Propel Market GrowthAdoption of Easy Integration Software for Transformation of Inventory ProcessesGrowth of E-Commerce 

Opportunities 

 

Increasing Importance of Data Analytics The emergence of IoT and RFID technologies 

Restraint 

Lack of Visibility in Inventory Processes Cost of Implementation and Maintenance 

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The on-premise segment contributes a major share in the growth of the inventory management software market.

Based on deployment mode, the on-premise segment held the highest market share in 2023, accounting for around three-fourths of the global inventory management software market revenue, and is likely to retain its dominance throughout the forecast period. An on-premise installation strategy enables users to monitor their site through desktops or additional systems. The on-premise inventory management systems give users complete control or administrative access to their inventory management software when a program is installed at the company premises. However, the cloud segment is projected to manifest the highest CAGR from 2024 to 2032. This can be attributed to the fact that the use of cloud platforms brings flexibility and stability to a business. The segment growth is attributed to the rise in e-commerce and the various methods of order fulfillment. 

The inventory control and tracking segment contribute a major share in the growth of the inventory management software market.

Based on application, the inventory control and tracking segment held the highest market share in 2023, accounting for nearly two-fifths of the global inventory management software market revenue, and is likely to retain its dominance throughout the forecast period. The demand for inventory control and tracking is driven by the fact that organizations can use this type of management software to ensure that stock levels of their inventory are kept at optimal levels, reducing the risk of overstocking or shortage. However, the scanning and barcoding segment is projected to attain the highest CAGR from 2024 to 2032. This can be attributed to the fact that barcode scanners are being extensively used for tracking inventory movements throughout a supply chain. 

The large enterprise segment held the highest market share in 2023. 

Based on enterprise size, the large enterprise segment held the highest market share in 2023, accounting for nearly two-thirds of the global inventory management software market revenue, and is likely to retain its dominance throughout the forecast period. This can be attributed to the fact that large enterprises have vast inventories that are difficult to manage. Moreover, inventory management helps the enterprises to ensure that the products are not out of stock or unavailable when essential. The development of this software is being encouraged by large enterprises to respond to the growing and unique requirements of customers. 

The healthcare and life science segment are expected to exhibit the fastest growth throughout the forecast period.

Based on industry vertical, the healthcare and life science segment is projected to attain the highest CAGR during the period of 2024-2032. This can be attributed to the fact that to ensure the efficient administration of healthcare organizations, effective medical inventory management is essential. The medical inventory of hospitals involves the management of stock for use by healthcare professionals. These trends are expected to stimulate the growth of the inventory management software market. 

North America to maintain its dominance by 2032 

Based on region, North America held the highest market share in terms of revenue in 2023, accounting for half of the global inventory management software market revenue, and is expected to continue leading throughout the forecast period. This dominance is driven by the widespread adoption of advanced technologies, the presence of major market players, and a high demand for efficient supply chain management and automation across various industries such as retail, manufacturing, and healthcare. The aging population, particularly the baby boomer generation, significantly contributes to this growth as it increases the demand for healthcare services and products, necessitating efficient inventory management solutions for medical supplies and equipment. In addition, North American businesses continually innovate to meet the evolving needs and preferences of consumers by developing new services like personalized customer experiences, self-service options, and advanced analytics for inventory optimization, further propelling the market growth in the region. 

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Major Industry Players: – 

Zoho Corporation Pvt. Ltd.IBM CorporationOracle CorporationLightspeedCIN7 Ltd.LinnworksIntuit Inc.Acumatica, Inc.FishbowlBrightpearl 

The report provides a detailed analysis of these key players in the global inventory management software market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technology

PropAccount.com Adds Equities to Its Multi-Asset Prop Firm Platform, Opening the Door to the World’s Largest Trading Market

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58 minutes ago

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April 20, 2026

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White-label prop firm operators can now offer equities alongside forex, futures, and crypto, all inside one tech stack, at no additional cost.

BOCA RATON, Fla., April 20, 2026 /PRNewswire/ — PropAccount.com, which is powered by FPFX Tech, and operates as the world’s largest white-label prop firm provider, has announced the addition of equities trading to its offering, bringing the world’s largest financial market within reach of every prop firm operator on its network.

With equities now supported inside the PropAccount.com ecosystem, white-label partners can offer equities trading challenges in single-session and swing-trading varieties.

One Platform. Four Asset Classes.

PropAccount.com is recognized as one of the prop trading industry’s most comprehensive infrastructure solutions, supporting forex, futures, and crypto across leading platforms, including DXtrade, Match-Trader, cTrader, Rithmic, and Tradovate. The addition of equities completes the grand slam of assets.

For existing PropAccount.com partners, equities trading slots directly into the same infrastructure that already handles trader onboarding, challenges, automated risk rules, account management, KYC, and payments. There is nothing new to configure, no new vendor to manage, and no new cost to absorb.

For new operators entering the industry, the launch path is equally direct. PropAccount’s white-label model allows operators to go live in as little as seven days, with equities available alongside the full suite of supported markets.

A Market Too Large to Ignore

According to the Securities Industry and Financial Markets Association, U.S. equity market capitalization was at $68.2 trillion at year-end 2025, with daily trading volume averaging a record 18.6 billion shares. The numbers speak for themselves. Millions of traders worldwide focus on equities as a core part of their strategy, and the prop firm ecosystem has not offered this asset class – until now. PropAccount.com’s expansion into equities allows operators to reach this audience directly, building programs designed specifically for traders without fragmenting their existing infrastructure.

Wider Audience for Operators

For operators, the practical opportunity is audience expansion. Many equities traders have never engaged with a prop firm because no prop firm has spoken to them. Equities support on PropAccount.com changes that calculus, giving operators a direct path to a segment of the trading community that has largely been left out of the prop firm model.

The PropAccount platform handles risk monitoring, drawdown controls, scaling rules, automated payouts, trader dashboards, CRM, affiliate systems, and KYC: every operational layer required to run a professional prop firm. Adding a fourth asset class to that foundation required no new architecture. It was built to support it.

“Equities are the largest traded market in the world, and traders have been underserved by the retail prop industry for too long. Adding equities to our tech stack means our operators can now reach this audience directly with the equities they trade, without forcing them to adjust to equity CFDs.” – Justin Hertzberg, CEO of PropAccount.com

About PropAccount.com

PropAccount.com is the white-label prop firm infrastructure provider powered by FPFX Tech, the leader in prop trading technology. The platform enables entrepreneurs, trading educators, influencers, and IBs to launch fully branded prop firms in as little as seven days, using enterprise-grade technology covering trading platforms, risk tools, payments, KYC, affiliate systems, trader dashboards, and capital backing.

Contact:
Scott
***@propaccount.com

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SOURCE Propaccount.com

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Technology

Health Karma Launches PersonalCare Bundles to Address America’s Underinsured Crisis, Unlocking Immediate Revenue Opportunity

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58 minutes ago

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April 20, 2026

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LEESBURG, Fla., April 20, 2026 /PRNewswire-PRWeb/ — Health Karma Inc., a leader in proactive well-being and behavioral health solutions, today announced the national rollout of its Health Karma PersonalCare™ Bundles, a new product line designed to meet the urgent healthcare access needs of millions of uninsured and underinsured Americans – particularly independent contractors, part-time, and hourly workers.

Developed over the past two years and fully integrated into Health Karma’s proprietary mobile platform, the PersonalCare Bundles represent a scalable, direct-to-consumer healthcare access solution that is already gaining rapid traction across broker networks nationwide.

A Massive, Underserved Market – The launch comes at a critical time in the U.S. healthcare landscape:

Nearly 23% of working-age adults are underinsured, facing high deductibles and out-of-pocket costsApproximately 24 million Americans remain completely uninsuredMillions more experience gaps in coverage annuallyAverage deductibles now exceed $4,000, with marketplace plans reaching as high as $7,400+

These realities leave a significant portion of the workforce, especially gig workers and part-time employees, effectively locked out of timely, affordable care.

“We Are Not Insurance — We Are Access”:

Health Karma’s PersonalCare Bundles are not insurance products. Instead, they provide immediate, affordable access to healthcare services through a simple, app-based experience. Users can connect 24/7 with licensed physicians, Master’s-level behavioral health clinicians, receive diagnoses, and obtain prescriptions often at zero out-of-pocket cost within hours. One early user shared their experience after enrolling through a broker partner: “I had a severe breakout and couldn’t reach my primary doctor. Through the app, I spoke with a physician within an hour, received a prescription, and paid $0 for both the consultation and medication. The entire process took less than two hours and solved my problem completely.”

Immediate Revenue, Proven Demand – Health Karma reports strong early validation of the product:

Zero pushback from broker distribution channelsInitial pilot groups saw 127 immediate sign-upsNationwide rollout underway through thousands of insurance brokers and independent agentsAll bundles, even the entry-level bundles, generate significant and sustainable recurring revenue for Health Karma

With a growing network of over 100 experienced brokers ready to deploy, the Company anticipates rapid expansion in the coming quarters.

Flexible Distribution Model – The PersonalCare Bundles are uniquely positioned for mass adoption:

Available direct-to-consumer without employer sponsorshipNo requirement for licensed insurance agents to sellEasily deployable for employers via simple group enrollment and monthly billingAccessible across mobile, tablet, and desktop, with a seamless app-based interface

Part of a Broader Growth Strategy – This launch complements Health Karma’s expanding footprint across multiple high-impact verticals, including:

UniversitiesHealthcare and health benefit providersJustice-Impacted Reentry ProgramsFirst Responders and VeteransNative American tribal healthcare programsWorkplace violence response programsWorkers’ compensation solutions

Technology-Driven Expansion:

To accelerate adoption, Health Karma is preparing a 90-day rollout strategy leveraging advanced AI, SEO, and targeted digital marketing to reach high-need populations such as small business owners, gig economy workers, and uninsured individuals.

Executive Commentary:

Travis H. Jackson, CEO of Health Karma, stated: “This is one of the most important products we’ve developed. It directly addresses a massive and growing gap in the U.S. healthcare system. The demand is immediate, the feedback has been overwhelmingly positive, and the revenue potential is significant. We are moving aggressively to scale distribution and ensure this solution reaches the millions of people who need it most.”

About Health Karma Inc.

Health Karma Inc. delivers proactive well-being, behavioral health, and injury triage solutions through its innovative “1st Moment” model providing immediate, comprehensive support whenever and wherever individuals need care. By combining technology, accessibility, and real-time intervention, Health Karma is redefining how healthcare is delivered across both public and private sectors.

Learn more: www.HealthKarmaGroup.com

Media Contact: IR@healthkarmagroup.com

Media Contact

Robert Hood, Health Karma Inc, 1 9406342860, bob@healthkarmagroup.com, https://www.healthkarmagroup.com/ 

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SOURCE Health Karma Inc

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Technology

V2X to Announce First Quarter 2026 Financial Results

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58 minutes ago

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April 20, 2026

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RESTON, Va., April 20, 2026 /PRNewswire/ — V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report first quarter 2026 financial results on Monday, May 4, 2026, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day.

U.S.-based participants may dial in to the conference call at 877-300-8521, while international participants may dial 412-317-6026. A live webcast of the conference call as well as an accompanying slide presentation will be available at https://app.webinar.net/Q291YZzYJpN and on the Investors section of the V2X website at https://gov2x.com/.

A replay of the conference call will be posted on the V2X website shortly after completion of the call and will be available for one year. A telephonic replay will also be available through May 18, 2026, at 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 10208314.  

About V2X
V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Investor Contact 
Mike Smith, CFA
Vice President, Treasury, Corporate Development and Investor Relations
IR@goV2X.com
719-637-5773

Media Contact 
Angelica Spanos Deoudes
Director, Corporate Communications
Angelica.Deoudes@goV2X.com
571-338-5195

View original content to download multimedia:https://www.prnewswire.com/news-releases/v2x-to-announce-first-quarter-2026-financial-results-302747820.html

SOURCE V2X, Inc.

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