Market Overview:
The global jewelry management system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for jewelry products, rising awareness about inventory and supply chain management systems, and growing adoption of cloud-based solutions among small and medium enterprises (SMEs). However, lack of awareness about benefits offered by jewelry management systems is expected to restrain the growth of this market during the forecast period. On the basis of type, the global jewelry management system market can be segmented into cloud-based and on-premises solutions. The cloud-based segment is projected to grow at a higher CAGR than that of on-premises solutions during the forecast period. This can be attributed to factors such as lower cost of ownership and faster deployment time offered by cloud-based solutions compared with on-premises solutions.
Product Definition:
A jewelry management system is a computerized system that helps businesses track inventory, sales and customer data. The importance of a jewelry management system is that it helps businesses keep track of their inventory, which can help them stay organized and make better business decisions. Additionally, jewelers can use the data collected by a jewelry management system to better understand their customers and what styles of jewelry they are most likely to purchase.
Cloud-based:
Cloud-based is a term used to define software or services that are hosted by a third party and can be accessed over the internet. The cloud-based Jewelry Management System (JMS) market has been gaining significant traction in the jewelry industry over the past few years owing to its benefits such as flexibility, real time tracking of inventory, remote access from any location, inventory management system and many more.
On-premises:
On-premises is a term used for software and data that are stored on the end user system or server. The term usually refers to physical storage of data at the customer’s site. However, it can also refer to cloud-based solutions where the end user purchases a license for accessing specific applications or services over a network.
Application Insights:
The large enterprises segment dominated the global jewelry management system market in 2017, accounting for more than 60.0% share of the overall revenue. The segment is expected to continue its dominance over the forecast period owing to factors such as extensive product portfolio, high operating costs and complexity of supply chain operations involved in handling physical inventory at large scale manufacturing facilities.
Cloud-based solutions have enabled SMEs to reduce time consumed on administration tasks and focus on their core business activities by providing a unified access of data from different sources within a company through one single interface. This has led to reduced time required for data entry and improved operational efficiency among SMEs across various industries worldwide.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to factors such as increasing demand for jewelry and rising adoption of technology among jewelers. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due primarily growth in China, India, Japan, South Korea and Taiwan. These countries are adopting IT at a faster pace compared with other regions which will boost regional growth over the forecast period.
The Middle East & Africa (MEA) region has potential growth opportunities due its rapidly growing population coupled with high disposable income especially in Saudi Arabia.
Growth Factors:
- Increasing demand for jewelry from the emerging economies of Asia Pacific and Latin America
- Rising disposable income of consumers in developed countries
- Proliferation of online retail channels for jewelry purchases
- Growing popularity of customized and personalized jewelry products
- Advances in technology that facilitate better inventory management and tracking
Scope Of The Report
Report Attributes
Report Details
Report Title
Jewelry Management System Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Valigara, Square, RepairShopr, Smartwerksusa, Logic Mate, Advanced Retail Management Systems, Cashier Live, CerTek Software Designs, Jewelry Computer Systems, Cybex Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Jewelry Management System Market Report Segments:
The global Jewelry Management System market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Valigara
- Square
- RepairShopr
- Smartwerksusa
- Logic Mate
- Advanced Retail Management Systems
- Cashier Live
- CerTek Software Designs
- Jewelry Computer Systems
- Cybex Systems
Highlights of The Jewelry Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Jewelry Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A jewelry management system (JMS) is a computerized system used to track and manage the inventory of precious metals, stones, and other gemstones. JMSs can also be used to manage the production of jewelry items.
Some of the major players in the jewelry management system market are Valigara, Square, RepairShopr, Smartwerksusa, Logic Mate, Advanced Retail Management Systems, Cashier Live, CerTek Software Designs, Jewelry Computer Systems, Cybex Systems.
The jewelry management system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Jewelry Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Jewelry Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Jewelry Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Jewelry Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Jewelry Management System Market Size & Forecast, 2018-2028
4.5.1 Jewelry Management System Market Size and Y-o-Y Growth
4.5.2 Jewelry Management System Market Absolute $ Opportunity
Chapter 5 Global Jewelry Management System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Jewelry Management System Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Jewelry Management System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Jewelry Management System Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Jewelry Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Jewelry Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Jewelry Management System Analysis and Forecast
9.1 Introduction
9.2 North America Jewelry Management System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Jewelry Management System Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Jewelry Management System Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Jewelry Management System Analysis and Forecast
10.1 Introduction
10.2 Europe Jewelry Management System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Jewelry Management System Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Jewelry Management System Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Jewelry Management System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Jewelry Management System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Jewelry Management System Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Jewelry Management System Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Jewelry Management System Analysis and Forecast
12.1 Introduction
12.2 Latin America Jewelry Management System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Jewelry Management System Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Jewelry Management System Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Jewelry Management System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Jewelry Management System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Jewelry Management System Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Jewelry Management System Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Jewelry Management System Market: Competitive Dashboard
14.2 Global Jewelry Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valigara
14.3.2 Square
14.3.3 RepairShopr
14.3.4 Smartwerksusa
14.3.5 Logic Mate
14.3.6 Advanced Retail Management Systems
14.3.7 Cashier Live
14.3.8 CerTek Software Designs
14.3.9 Jewelry Computer Systems
14.3.10 Cybex Systems
