Global Jewelry Store Management Software Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
Jewelry Store Management Software can be defined as a software-based store management tool utilized by jewelry retailer and wholesalers as well as manufacturers to efficiently management different stores functions. Jewelry management software offers several features including POS (point of sale), customer management, accounting, inventory, and catalog management among others. The growing adoption of cloud Based solutions and increasing penetration of Omnichannel shopping platforms as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - In 2021, the global cloud applications market was valued at USD 133.6 billion, and it is projected to grow to USD 168.6 billion 2025, witnessing a compound annual growth rate of 4.8 percent. Moreover, leading software vendors are coming up with innovative software-based solutions to capitalize the growing adoption of Jewelry Store Management Software. For instance, in July 2022, USA based Jewel 360 launched a cloud-based retail software exclusively for jewelry retailers. This new solution offers real time monitoring of in-store and online sales, inventory, repairs, customer communications and marketing. Also, growing investment towards digital infrastructure and rising adoption of digital tools in post covid era are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising concern over fraud in jewelry transit coupled with risk associated with data breaches impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Jewelry Store Management Software Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing digitization and presence of leading software vendors in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the organized jewellery retailers and increasing penetration of leading software vendors, would create lucrative growth prospects for the Jewelry Store Management Software Market across the Asia Pacific region.
Major market players included in this report are:
Abbott Jewelry Systems Inc.
Advanced Retail Management Systems (ARMS)
Bransom Retail Systems Ltd.
F.A.T Development
Gem of The Net
Ishal Inc.
Jewelry Computer Systems (JCS)
Logic Mate Intl. Inc.
MindSpark LLC.
Wise Choice Software
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment Type
Cloud
Web-based
By End-user
Jewelry Wholesaler and Retailer
Jewelry Manufacturers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Jewelry Store Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors