About Apparel Software
Apparel software is a type of business management software used to manufacture, distribute, and retail clothing. Apparel software typically consists of a database that records all product information to track sales and analyze data to make production or inventory decisions. The need to anticipate demands and forecast sales incredibly necessary for reducing production and delivery time while minimizing unplanned markdowns. The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Apparel Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Handshake by Shopify (United States), DecoNetwork (United States), Computer Generated Solutions (United States), ApparelMagic (United States), BlueCherry (United States), Softengine (United States), WAIR (United States), InkSoft (United States), StartMyLine (United States), NedGraphics (United States), Wilcom International (Australia) and Flick2Know Technologies (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are SAF Technologies (United States), Bookalook (United Kingdom), Aspiring Technologies (Saudi Arabia) and FundCount (United States).
Segmentation Overview
AMA Research has segmented the market of Global Apparel Software market by Type (Apparel Business Management and ERP Software, Apparel Design Software and Other) and Region.
On the basis of geography, the market of Apparel Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size , the sub-segment i.e. Large Enterprises will boost the Apparel Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Fashion Manufacturers will boost the Apparel Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Wearable Devices like Smartwatches, Fitness Trackers, and many others are one of the most Striking Technological Trends in the Fashion Industry, 3D Printing is one of the Most Popular Technology Trends in the Apparel Industry and Increasing Use of ERP System Is Driving the Growth
Market Growth Drivers:
Change in Demand is Significantly Higher in Comparison to any other sectors and High Rise in Technology is Driving the Growth of Apparel Software
Challenges:
Challenge of Implementing ERP software
Restraints:
Apparel Business is High Volume, Low Margins
Opportunities:
IoT is a newly popular concept that has been adopted by the fashion industry is Growing Opportunities for New Investors
Market Leaders and their expansionary development strategies
On 20th May 2022, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of RLM Apparel Software Systems (RLM), an award-winning provider of innovative, cloud-based business software solutions designed specifically for fashion and apparel companies.
On 25th Aug 2022, Aptean – a global provider of enterprise software solutions – and Aptos – a leading provider of retail technology solutions – have announced to enter into a definitive agreement through which Aptean will acquire Aptos’ planning and product lifecycle management division. The move will help Aptean to expand its cloud-based software offerings into the apparel, luxury, fashion and specialty retail industries, and broaden its fashion and apparel footprint.
Key Target Audience
Analysts and Strategic Business Planners, Apparel Software Services Providers, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.