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.

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.

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.

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.

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

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

The global online inventory management platform market is projected to reach a value of million by 2033, expanding at a CAGR of XX% from 2025 to 2033. This growth is attributed to factors such as the increasing adoption of e-commerce, the need for businesses to improve supply chain efficiency, and the growing popularity of cloud-based solutions. The market is segmented by type (integrated and non-integrated) and by application (real-time inventory management, scanning, reporting, and analytics). North America is the largest regional market, followed by Europe and Asia Pacific. Key trends shaping the market include the adoption of artificial intelligence (AI) and machine learning (ML) to automate inventory management tasks, the use of mobile devices to access inventory data in real-time, and the integration of online inventory management platforms with other business systems. Restraints to market growth include the high cost of implementation and the lack of technical expertise required to manage these platforms. Key players in the market include QuickBooks, Xero, Asset Panda, EZOfficeInventory, ShippingEasy, Lightspeed Retail, Oracle, and ShipStation.

According to Cognitive Market Research, the global Online Inventory Management Software market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Small and medium-sized enterprises (SMEs) are expected to grow at the fastest CAGR during the projection period

Market Dynamics of Online Inventory Management Software Market

Key Drivers for Online Inventory Management Software Market

Growth of e-commerce and online retail

The expansion of e-commerce and online retail is driving the Online Inventory Management Software Market, as businesses increasingly rely on digital channels to contact their customers. As more people shop online, companies face the difficulty of maintaining larger inventories across different channels. Effective inventory management software helps businesses streamline operations by maintaining stock levels, fulfilling orders quickly, and providing customers with correct product availability information. This demand for efficient inventory management solutions is spurred by businesses' need to respond swiftly to changing consumer demands and market dynamics. According to the United States Census Bureau, a US-based government body, e-commerce sales reached $1,118.7 billion in 2023, a 7.6% rise from 2022. As a result, the expansion of e-commerce drives the growth of the online inventory management software industry

Growth of Increasing demand for real-time inventory tracking

The growing needs of tracking real-time inventories are crucial drivers for growth in the online inventory management software market. Business houses understand the criticality to maintain available and updated information about their level of inventory in order to make informed decisions as well as respond quickly to market changes. It helps companies track stocks, maintains the process of reordering, and prevents stockouts or overstocking situations. This capability is vital for ensuring operational efficiency and improving customer satisfaction because it ensures order fulfillment on time and relevant product availability. As agility and responsiveness in supply chains are increasingly emerging as a priority, market growth will be driven further by the increase in the demand for advanced inventory management solutions providing real-time insights.

Restraint Factor for the Online Inventory Management Software Market

High initial implementation costs

A key constraint in the Online Inventory Management Software Market is the relatively high costs of initial implementation. Most businesses, especially small and medium-sized enterprises, are likely to incur relatively high upfront expenses when acquiring and implementing inventory management systems. Such expenses would be software licensing fees, perhaps hardware requirements, and then training staff. Some companies might not take up such solutions and continue using the normal inventory management style. This timidity does not exhaust the full potential market growth since a fraction of the intended users miss the opportunities and gains realized with modern inventory management software

Impact of Covid-19 on the Online Inventory Management Software Market

Covid-19 had a huge influence on the Online Inventory Management Software Market since it hastened the shift toward digital solutions in all businesses. Lockdowns and social distance measures obliged companies to adopt online inventory management systems as a...

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).

Graph and download economic data for Retailers: Inventories to Sales Ratio (RETAILIRSA) from Jan 1992 to Apr 2025 about ratio, inventories, sales, retail, and USA.

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

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

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.

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.

The online inventory management platform market is experiencing robust growth, driven by the increasing adoption of cloud-based solutions and the need for real-time visibility across supply chains. The market, estimated at $15 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $45 billion by 2033. This growth is fueled by several key factors. Businesses, particularly small and medium-sized enterprises (SMEs), are increasingly adopting these platforms to streamline operations, reduce manual errors, and improve overall efficiency. The integration of advanced analytics capabilities within these platforms enables businesses to make data-driven decisions regarding inventory levels, purchasing, and forecasting, leading to significant cost savings. Furthermore, the rise of e-commerce and omnichannel retailing necessitates sophisticated inventory management solutions capable of handling high transaction volumes and diverse sales channels. The market is segmented by application (real-time inventory management, scanning, reporting and analytics) and type (integrated, non-integrated), with integrated solutions gaining traction due to their seamless workflow integration. Geographic expansion is another significant factor, with North America and Europe currently dominating the market, while Asia Pacific is expected to witness significant growth driven by rapid e-commerce development and increasing digitalization across various industries. Competitive pressures are high, with established players like QuickBooks and Xero competing against specialized inventory management platforms like Fishbowl and Cin7. However, the overall market exhibits strong growth potential due to increasing demand for improved inventory control and supply chain optimization. The competitive landscape is dynamic, with both established enterprise resource planning (ERP) vendors and specialized inventory management software providers vying for market share. The success of individual companies will depend on factors such as the breadth and depth of their feature sets, integration capabilities with existing business systems, ease of use, and the quality of their customer support. The market's growth will be further propelled by advancements in artificial intelligence (AI) and machine learning (ML), enabling predictive analytics and automated inventory optimization. The continued adoption of mobile and cloud technologies will also contribute to enhanced accessibility and scalability, broadening the platform's appeal to businesses of all sizes. However, potential restraints include the initial investment costs associated with implementation and integration, the need for robust IT infrastructure, and concerns surrounding data security and privacy. Nevertheless, the overall outlook for the online inventory management platform market remains highly positive, driven by the increasing demand for streamlined inventory management, improved operational efficiency, and better data-driven decision-making capabilities.

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.