"Increasing demand for inventory management techniques is fueling the growth of the on-shelf availability solutions market"

Globally, the on-shelf availability solutions market is expected to grow with a CAGR of more than 9.9% during the forecast period from 2019 to 2027. On-shelf availability solutions are the tools that help the store managers or retailers to keep track, manage and analyze the stock of the product available in the inventory and in the store. With growing business sector, there is growing need for inventory management, which is largely driving the demand for on-shelf availability solutions. Also, rapid adoption of digitization is helping people adopt various new tools to support inventory management in their premises. These tools not only help them monitor the stock but also help them detect issues that would affect the profits in future. As these tools are based on modern technology such as RFID, and Internet of Things, its dependability is comparatively high, and thus are used by numerous people across the globe.

Moreover, factors such as technological advancements developing the retail sector, increasing strategic alliances of retailers and suppliers, and adoption of automation techniques in business management are also fueling the growth of this market during the forecast period. However, lack of technical skills, risks associated with access to unauthorized data, and high cost of implementation are some of the factors that would hamper the market growth.

"The software segment is expected witness a significant growth in coming years"

Based on component, the on-shelf availability solutions market is segmented into software and services. The software segment is projected to witness a rapid growth during the forecast period owing to its high adoption across various commercial and industrial sector. These software are used for various applications such as historical data analysis, vendor pattern analysis and risk analysis. Companies offer customized software solutions to the customer according to their requirements. This also creates a significant demand for these solutions. Moreover, services segment is also projected to grow at a stagnant rate during the forecast period.

"North America to dominate the on-shelf availability solutions market"

In the global on-shelf availability solutions market, North America holds the leading position as this region has perceived rapid technological expansion. In addition to this, rapid growth in number of retailer stores and increasing dependency on digital tools, mobile and internet is also driving growth in the on-shelf availability solutions market in this region. However, emerging countries in the Asia-Pacific region and Europe is expected to grow at a rapid growth rate. Factors such as expansion of local and international players in this region, and development in the business sector are contributing to the growth of on-shelf availability solutions market in this region.

Some of the prominent players operating in the on-shelf availability solutions market include International Business Machines (IBM) Corporation, Panasonic Corporation, SAP SE, MindTree Ltd., Impinj, Inc., Retail Solutions Inc., Market6, Inc., Retail Velocity, Lokad, Frontier Field Marketing, Verix, Inc., NEOGRID, Enterra Solutions LLC and eBest IOT among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of On-shelf Availability Solutions market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the On-shelf Availability Solutions market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of On-shelf Availability Solutions market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the On-shelf Availability Solutions market?
• Which is the largest regional market for On-shelf Availability Solutions market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving On-shelf Availability Solutions market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the On-shelf Availability Solutions market worldwide?