Business Inventories in the United States decreased 0 percent in May of 2025 over the previous month. This dataset provides - United States Business Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Total Business Inventories (BUSINV) from Jan 1992 to May 2025 about inventories, headline figure, business, and USA.

This dataset provides values for BUSINESS INVENTORIES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States Report On Business: NMI: Inventory Change Index data was reported at 53.500 NA in Jun 2018. This records a decrease from the previous number of 57.500 NA for May 2018. United States Report On Business: NMI: Inventory Change Index data is updated monthly, averaging 51.500 NA from Jul 1997 (Median) to Jun 2018, with 252 observations. The data reached an all-time high of 62.500 NA in May 2010 and a record low of 39.000 NA in Feb 2009. United States Report On Business: NMI: Inventory Change Index data remains active status in CEIC and is reported by Institute for Supply Management. The data is categorized under Global Database’s USA – Table US.S002: Institute for Supply Management: Non Manufacturing Index.

United States Report On Business: NMI: Inventory Sentiment Index data was reported at 57.500 NA in Jun 2018. This records a decrease from the previous number of 61.000 NA for May 2018. United States Report On Business: NMI: Inventory Sentiment Index data is updated monthly, averaging 62.250 NA from Jul 1997 (Median) to Jun 2018, with 252 observations. The data reached an all-time high of 69.000 NA in Aug 2015 and a record low of 52.500 NA in Mar 2010. United States Report On Business: NMI: Inventory Sentiment Index data remains active status in CEIC and is reported by Institute for Supply Management. The data is categorized under Global Database’s USA – Table US.S002: Institute for Supply Management: Non Manufacturing Index.

Global Inventory Management Software market size is expected to reach $3.64 billion by 2029 at 10%, segmented as by inventory management software, cloud-based inventory management software, on-premises inventory management software

The small business inventory management software market is experiencing robust growth, driven by the increasing adoption of digital tools by small and medium-sized enterprises (SMEs). The market's expansion is fueled by several key factors, including the need for improved operational efficiency, reduced inventory costs, enhanced customer satisfaction through better order fulfillment, and the rising popularity of e-commerce. Businesses are increasingly seeking software solutions that streamline inventory tracking, automate order processing, and provide real-time insights into stock levels, enabling better forecasting and purchasing decisions. The competitive landscape is dynamic, with a range of players offering diverse solutions, from cloud-based platforms to on-premise systems. The market is segmented by deployment type (cloud-based, on-premise), functionality (inventory tracking, order management, reporting), and industry vertical. The cloud-based segment is expected to dominate due to its scalability, accessibility, and cost-effectiveness. Future growth will be influenced by factors such as advancements in AI and machine learning for predictive inventory management and the increasing integration of software with other business applications. Despite the positive outlook, the market faces certain challenges. The initial investment costs of implementing new software can be a barrier for some small businesses, particularly those with limited budgets. Furthermore, the need for comprehensive employee training and ongoing system maintenance can represent additional hurdles. The complexity of integrating different software solutions into existing business workflows also poses a challenge. However, these challenges are being addressed through the development of user-friendly software, affordable pricing models, and increasing accessibility of cloud-based solutions. The market's continued growth trajectory suggests a strong future for small business inventory management software, particularly as technological advancements continue to enhance efficiency and affordability.

Global Retail Inventory Management Software market size is expected to reach $15.22 billion by 2029 at 12.7%, segmented as by manually managed inventory systems, spreadsheet-based systems, basic inventory software, barcode scanning systems

The small business barcode inventory management software market is experiencing robust growth, driven by the increasing need for efficient inventory tracking and management among small and medium-sized enterprises (SMEs). The rising adoption of e-commerce and omnichannel strategies necessitates real-time inventory visibility, prompting businesses to invest in solutions that streamline operations and reduce operational costs. Furthermore, the integration of barcode scanning technology with cloud-based software offers scalability and accessibility, catering to the diverse needs of businesses across various sectors like retail, warehousing & logistics, and healthcare. The market is segmented by application (retail, warehousing & logistics, medical, others) and type (1D barcode system, QR code system), with significant demand across all segments. While the initial investment in software and hardware might be a restraint for some, the long-term benefits of improved inventory accuracy, reduced stockouts, and minimized waste significantly outweigh the upfront costs. The competitive landscape is dynamic, with established players and emerging startups offering diverse solutions catering to specific business needs. This leads to a highly competitive pricing structure and continuous innovation in the market. The market’s growth is projected to continue at a healthy Compound Annual Growth Rate (CAGR) – let's estimate this at 15% based on industry trends for similar software solutions. This indicates significant opportunities for both established players and new entrants. Geographical expansion, particularly in developing economies with a burgeoning SME sector, is expected to fuel market expansion. Future trends will likely involve greater integration with other business software, such as point-of-sale (POS) systems and enterprise resource planning (ERP) solutions. Advancements in barcode technology, like the integration of RFID and AI-powered inventory optimization tools, will further enhance the capabilities of these solutions, driving market growth and sophistication. The focus on user-friendliness and affordability will remain crucial for widespread adoption, particularly among smaller businesses with limited IT resources.

Inventory Management Software Market Outlook

The inventory management software market size was valued at approximately USD 2.5 billion in 2023 and is projected to reach around USD 5.6 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.2% during the forecast period. This impressive growth trajectory is propelled by the increasing need for automated solutions to manage complex supply chains and the rise of e-commerce and retail industries across the globe. As businesses strive to optimize operational efficiencies and reduce overhead costs, the adoption of sophisticated inventory management tools is gaining significant traction, driving market expansion.

The growth of the inventory management software market is underpinned by several key factors. Primarily, the digital transformation across various sectors is encouraging the adoption of inventory management solutions. Businesses are increasingly leveraging technology to streamline operations, which includes optimizing inventory levels and reducing wastage. The adoption of cloud-based solutions further drives this trend, as they offer scalability, flexibility, and remote access, making inventory management more accessible and efficient across multi-location setups. Moreover, the integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) in inventory management systems is facilitating predictive analytics, which helps in demand forecasting and inventory optimization, thus significantly enhancing operational efficiencies.

Another pivotal growth factor is the burgeoning e-commerce industry, which has heightened the complexity and scale of inventory management. With the rise of online shopping, businesses require robust systems to manage stock levels, ensure timely replenishment, and handle returns efficiently. Inventory management software offers the necessary tools for real-time inventory tracking, automated reordering processes, and analytics for better decision-making, all of which are crucial for maintaining competitive advantage in the fast-paced e-commerce landscape. Additionally, the growing globalization of supply chains necessitates the adoption of sophisticated inventory systems to manage cross-border logistics, further boosting market demand.

The need for superior customer service and satisfaction is also driving the adoption of inventory management software. Businesses are focusing on reducing stock-outs and excess inventory, both of which can negatively impact customer satisfaction and brand loyalty. Advanced inventory management systems provide accurate and timely inventory data, allowing businesses to maintain optimal stock levels and improve order fulfillment rates. This not only enhances customer satisfaction but also helps in building long-term relationships with customers. Furthermore, the growing emphasis on sustainability is encouraging businesses to adopt inventory solutions that minimize waste and optimize resources, contributing to environmental goals while also improving profitability.

In the realm of healthcare and pharmaceuticals, Drug Inventory Management Software plays a crucial role in ensuring the availability and proper handling of medications. This specialized software aids healthcare providers in maintaining accurate records of drug inventories, tracking expiration dates, and managing recalls efficiently. By automating these processes, healthcare institutions can significantly reduce the risk of medication errors and ensure compliance with regulatory standards. Furthermore, the integration of such software with existing healthcare management systems enhances operational efficiency, allowing for better resource allocation and improved patient care outcomes. As the demand for precision and accountability in drug management continues to rise, the adoption of Drug Inventory Management Software is expected to grow, supporting the overall expansion of the inventory management software market.

Regionally, North America is expected to hold a significant share of the inventory management software market owing to the presence of major technology providers and the rapid adoption of digital solutions across various industries. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. The region's expanding retail and e-commerce sectors, coupled with increasing industrialization and the rise of small and medium enterprises, are key drivers for market growth. In Europe, stringent regulations and the need for compliance in industries such as healthc

Global Lab Inventory Management Software market size is expected to reach $4.4 billion by 2029 at 12%, segmented as by cloud-based, saas (software as a service) solutions, cloud-based data storage, remote access features

Inventory Management Tool Market Outlook

The global market size for Inventory Management Tools was valued at approximately USD 3.5 billion in 2023 and is projected to reach USD 7.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.1% during the forecast period. This growth is driven by the increasing need for businesses to streamline operations, reduce overhead costs, and improve supply chain efficiency. The surge in e-commerce and the necessity for real-time inventory tracking are also significant factors contributing to the market expansion.

One of the primary growth factors in the Inventory Management Tool market is the accelerating pace of technological advancements. The integration of artificial intelligence, machine learning, and IoT into inventory management systems is revolutionizing the way businesses handle their inventories. These technologies offer predictive analytics, automated stock replenishment, and real-time inventory tracking, which are essential for optimizing inventory levels and reducing waste. Consequently, businesses are increasingly adopting advanced inventory management tools to gain a competitive edge, thereby driving market growth.

Another significant growth driver is the rapid expansion of the e-commerce sector. The exponential increase in online shopping activities necessitates efficient inventory management systems to handle the complexities of multi-channel retailing. Businesses are seeking inventory management tools that can seamlessly integrate with their e-commerce platforms, ensuring accurate stock levels, timely order fulfillment, and enhanced customer satisfaction. The demand for inventory management software and services is thus witnessing a substantial rise, further propelling the market growth.

The implementation of an Inventory Tag system is a critical component for businesses aiming to enhance their inventory management practices. Inventory tags, often equipped with barcodes or RFID technology, enable businesses to track and manage their stock with precision. By providing real-time data on inventory levels and movement, these tags help in reducing discrepancies and improving accuracy in stock management. Furthermore, they facilitate efficient stock audits, allowing businesses to identify and rectify any inconsistencies promptly. As businesses continue to seek ways to streamline operations and improve efficiency, the adoption of inventory tags is becoming increasingly prevalent across various industries.

The growing emphasis on cost reduction and efficiency improvement across various industries is also fueling the market. Organizations are increasingly recognizing the importance of inventory optimization in minimizing holding and carrying costs. Effective inventory management tools enable businesses to maintain optimal stock levels, avoid overstocking or stockouts, and improve overall operational efficiency. As a result, there is a rising adoption of these tools across diverse industry verticals, including retail, manufacturing, and healthcare.

Regionally, North America holds a significant share in the Inventory Management Tool market, owing to the presence of a large number of retail and manufacturing giants. The regionÂ’s strong technological infrastructure and the early adoption of advanced technologies also contribute to its market dominance. Meanwhile, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by the booming e-commerce sector, rapid industrialization, and increasing investments in technological advancements. Europe, Latin America, and the Middle East & Africa are also expected to experience steady growth, supported by the rising awareness and adoption of inventory management tools in these regions.

The role of Inventory Software in modern business operations cannot be overstated. With the increasing complexity of supply chains and the demand for real-time data, inventory software provides a comprehensive solution for managing stock levels, orders, and deliveries. These software solutions offer features such as automated stock updates, demand forecasting, and integration with other business systems, which are essential for maintaining optimal inventory levels. As businesses strive for greater efficiency and cost-effectiveness, the adoption of advanced inventory software is on the rise, enabling companies to make data-driven decis

United States Report On Business: NMI: Inventory Change: Who Do Not Measure data was reported at 30.000 % in Jun 2018. This records a decrease from the previous number of 31.000 % for May 2018. United States Report On Business: NMI: Inventory Change: Who Do Not Measure data is updated monthly, averaging 29.000 % from Jul 1997 (Median) to Jun 2018, with 252 observations. The data reached an all-time high of 35.000 % in Jul 2008 and a record low of 18.000 % in Sep 1997. United States Report On Business: NMI: Inventory Change: Who Do Not Measure data remains active status in CEIC and is reported by Institute for Supply Management. The data is categorized under Global Database’s USA – Table US.S002: Institute for Supply Management: Non Manufacturing Index.

Inventory Tracking System Market Outlook

As of 2023, the global inventory tracking system market size was valued at approximately USD 4.5 billion, and it is projected to reach USD 8.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.5%. The increasing demand for efficient supply chain solutions and technological advancements are significantly contributing to the market's growth. The evolving business landscapes, characterized by rising competition and the need for real-time tracking to enhance operational efficiency, are driving organizations across various sectors to adopt advanced inventory tracking systems. As businesses seek to optimize their inventory management processes, the market is expected to witness substantial growth over the forecast period.

One of the primary growth factors of the inventory tracking system market is the increasing demand for automation in inventory management to improve accuracy and efficiency. Organizations are increasingly implementing automated systems to minimize human errors, reduce labor costs, and enhance productivity. Automation allows for real-time data collection and analysis, enabling businesses to make informed decisions regarding inventory levels, order placements, and stock replenishment strategies. Additionally, the integration of the Internet of Things (IoT) in inventory tracking systems has revolutionized the way inventories are managed. IoT-enabled devices provide advanced capabilities such as real-time monitoring, predictive analytics, and remote management, thereby driving the adoption of inventory tracking systems across industries.

Another significant growth driver is the expanding e-commerce market, which necessitates efficient inventory tracking solutions. The surge in online shopping has led to an increased demand for inventory tracking systems, as businesses need to manage large volumes of stock across multiple locations. E-commerce companies require robust inventory management solutions to track stock levels, manage returns, and fulfill orders promptly, ensuring customer satisfaction. Moreover, the growing consumer preference for fast and accurate delivery has prompted retailers to invest in advanced inventory tracking systems to optimize their supply chain operations. The adoption of these systems not only enhances customer experience but also helps businesses maintain a competitive edge in the market.

The increasing focus on sustainability and waste reduction is also fueling the growth of the inventory tracking system market. Many companies are adopting inventory tracking systems to minimize excess inventory and reduce waste, aligning with global sustainability goals. By utilizing data-driven insights provided by these systems, organizations can optimize their inventory levels and reduce the environmental impact associated with overproduction and excess storage. This trend is particularly prominent in industries such as manufacturing, where inventory optimization plays a crucial role in minimizing waste and reducing energy consumption. As more companies adopt green practices, the demand for efficient inventory tracking systems is expected to rise, further propelling market growth.

Inventory Tags Sales play a crucial role in the efficient management of inventory systems, particularly in the retail and manufacturing sectors. These tags, often equipped with RFID technology, allow businesses to track and manage their stock with precision, reducing the risk of errors and enhancing overall operational efficiency. By providing real-time data on inventory levels, these tags enable companies to make informed decisions about stock replenishment and order fulfillment. This not only helps in maintaining optimal inventory levels but also improves customer satisfaction by ensuring product availability. As the demand for accurate and efficient inventory management continues to grow, the use of inventory tags is becoming increasingly prevalent across various industries, driving sales and contributing to the overall growth of the inventory tracking system market.

Regionally, North America currently holds the largest share of the inventory tracking system market, driven by the presence of technologically advanced infrastructure and a high concentration of retail and e-commerce companies. The Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period, attributed to the rapid adoption of digital technologies and the expanding retail and manufacturing sectors in countries like China and India. Europe is also expected to w

The global All-in-One Inventory Management Software market size was valued at USD XX million in 2023 and is projected to reach USD XX million by 2033, exhibiting a CAGR of XX% during the forecast period. The increasing adoption of inventory management software by businesses to streamline their inventory processes and improve efficiency is driving the market growth. Additionally, the growing popularity of cloud-based inventory management solutions, which offer real-time visibility and accessibility, is further contributing to market expansion. Key industry players include ASAP Systems, Ordoro, Fishbowl, Striven, Sortly Inc., Craftybase, and Munim. Regional analysis indicates that North America and Europe currently dominate the All-in-One Inventory Management Software market due to the high adoption of advanced technologies and the presence of numerous established vendors in these regions. However, Asia-Pacific is expected to witness significant growth during the forecast period, driven by the rapid expansion of the manufacturing and retail sectors in emerging economies such as China and India. The market in the Middle East & Africa and South America is anticipated to grow at a moderate pace, supported by increasing government initiatives to promote digital transformation in businesses.

The global online inventory management software market is anticipated to reach a value of 1587.7 million by 2023, growing at a CAGR of 7.4%. This growth is attributed to the increasing adoption of e-commerce and the need for businesses to better manage their inventory levels. The market is segmented based on type (integrated, non-integrated), application (real-time inventory management, scanning, reporting and analytics), and region (North America, South America, Europe, Middle East & Africa, Asia Pacific). Key drivers of the market include the growing need for businesses to improve their efficiency and reduce costs, the increasing adoption of cloud-based solutions, and the growing popularity of omnichannel retailing. The market is also expected to benefit from the increasing adoption of mobile devices and the Internet of Things (IoT).

The barcode inventory software market is experiencing robust growth, driven by the increasing need for efficient inventory management across various industries. The rising adoption of cloud-based solutions, coupled with the expanding e-commerce sector and the need for real-time inventory visibility, are key catalysts. Small and medium-sized enterprises (SMEs) are increasingly adopting these systems to streamline operations and reduce costs associated with manual inventory tracking. Large enterprises are also leveraging barcode inventory software to enhance supply chain visibility and optimize their logistics networks. The market is segmented by deployment type (cloud-based and on-premises) and business size (SME and large enterprise). Cloud-based solutions are gaining significant traction due to their scalability, accessibility, and cost-effectiveness. On-premises solutions still hold a market share, particularly among businesses with stringent data security requirements or limited internet connectivity. The market's geographical distribution shows strong growth across North America and Europe, with Asia-Pacific emerging as a rapidly expanding region fueled by economic growth and increasing digitalization. While the initial investment in software and hardware can pose a restraint, the long-term benefits in terms of reduced errors, improved efficiency, and enhanced decision-making outweigh the initial cost. Competition is intense, with numerous established players and emerging startups offering diverse solutions catering to specific industry needs. Future growth is projected to be fueled by the integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) for predictive inventory management and automated stock replenishment. The forecast period (2025-2033) anticipates continued market expansion, driven by factors such as the growing adoption of omnichannel retailing, the increasing demand for improved supply chain resilience, and the rising adoption of barcode scanning technologies across diverse industries. This growth will likely be more pronounced in regions with burgeoning e-commerce markets and a rapidly expanding middle class. The competitive landscape will continue to evolve, with mergers and acquisitions, strategic partnerships, and product innovations shaping the market dynamics. Continuous advancements in software features, such as integration with other business systems like ERP and CRM, will further drive market adoption. Furthermore, the development of user-friendly interfaces and enhanced reporting capabilities will make barcode inventory software more accessible and appealing to a wider range of businesses.

Inventory Tracking Software Market Outlook

The global inventory tracking software market size was valued at approximately USD 2.5 billion in 2023 and is projected to reach around USD 5.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.8% during the forecast period. The increasing demand for real-time inventory management, driven by advancements in technology and the need for efficient supply chain operations, is one of the primary factors propelling market growth. As businesses strive for greater accuracy and efficiency in managing their inventories, the adoption of sophisticated tracking solutions is expected to surge, supporting the robust expansion of this market.

The growth of the inventory tracking software market is significantly influenced by the rising trend of digital transformation across various industries. Businesses today are increasingly shifting towards digital platforms to enhance their operational efficiency and reduce costs. Inventory tracking software plays a critical role in this transformation by providing detailed insights into inventory levels, order status, and stock movements in real time. The software's ability to integrate with enterprise resource planning (ERP) and other business management systems facilitates seamless transactions and efficient inventory handling, making it an indispensable tool for organizations looking to streamline their operations and improve decision-making processes.

Moreover, the growing e-commerce sector is a major growth factor for the inventory tracking software market. With the exponential increase in online shopping, retailers are compelled to optimize their inventory management systems to meet the dynamic demands of customers efficiently. Inventory tracking software enables retailers to maintain optimal stock levels, minimize overstocking or stockouts, and provide accurate product availability information to customers. Additionally, the software's predictive analytics capabilities help businesses anticipate future demand, allowing for more effective inventory planning and management. This, in turn, enhances customer satisfaction and loyalty, further driving the market growth.

Another significant growth factor is the increasing adoption of cloud-based solutions. Cloud technology offers several advantages, including cost-effectiveness, scalability, and accessibility, which are highly beneficial for businesses of all sizes. The shift towards cloud-based inventory tracking solutions is particularly notable among small and medium enterprises (SMEs), which often have limited resources for IT infrastructure. By leveraging cloud-based systems, these businesses can gain access to sophisticated inventory management tools without the need for significant upfront investments, thus leveling the playing field with larger enterprises. This trend is expected to continue, contributing to the steady growth of the inventory tracking software market over the forecast period.

In the context of these advancements, Inventory Optimization Software plays a pivotal role in enhancing the efficiency of inventory tracking systems. This software focuses on the strategic balance between inventory levels and customer demand, ensuring that businesses maintain optimal stock without incurring unnecessary costs. By leveraging advanced algorithms and data analytics, Inventory Optimization Software helps companies predict demand patterns, streamline procurement processes, and minimize holding costs. This not only improves the overall supply chain efficiency but also enhances customer satisfaction by reducing the likelihood of stockouts or overstock situations. As businesses continue to embrace digital transformation, the integration of Inventory Optimization Software into existing systems is becoming increasingly crucial for maintaining a competitive edge in the market.

Regionally, North America holds a significant share of the inventory tracking software market, driven by the presence of numerous retail and manufacturing industries that require advanced inventory management solutions. The region's well-established IT infrastructure and the early adoption of innovative technologies further fuel market growth. Additionally, Asia Pacific is anticipated to witness the fastest growth rate, owing to rapid industrialization, the booming e-commerce sector, and increasing investment in digital solutions across countries like China and India. Europe also presents substantial market opportunities, supported by the strong presence of automotive, pharmaceuticals, and consume

Global AI in Inventory Management market size is expected to reach $27.23 billion by 2029 at 29.8%, segmented as by solutions, ai-based inventory forecasting, ai-based demand planning, ai-based stock replenishment, ai-based warehouse management

The retail inventory software market is projected to reach $979.6 million by 2033, expanding at a CAGR of 6.3% from 2025 to 2033. The growth of e-commerce and the increasing need for businesses to manage inventory efficiently are driving the market. Additionally, the adoption of cloud-based inventory software is expected to support market growth. Key trends in the retail inventory software market include the increasing adoption of cloud-based solutions, the growing popularity of omnichannel retailing, and the rise of artificial intelligence (AI) and machine learning (ML) technologies. These trends are expected to drive the market as businesses seek to improve their inventory management processes and gain a competitive advantage. The market is fragmented, with a number of vendors offering solutions for different types and sizes of businesses. Some of the leading vendors in the market include Shopify, Square, MINDBODY, Lightspeed, Oracle, Fishbowl, Cin7, Odoo, Phorest, Traxia, talech, PHP, Toast POS, Epos Now, Route4Me, Vend, Salon Iris, Loyvers, EZRentOut, This comprehensive report provides in-depth insights into the global retail inventory software market, with a focus on key industry trends, market segmentation, and regional dynamics.