Market Overview:
The global jewelry store software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based software and the growing trend of online retailing of jewelry products. The global jewelry store software market is segmented on the basis of type into cloud-based and on-premise software. The cloud-based segment is expected to grow at a higher CAGR than the on-premise segment during the forecast period from 2018 to 2030. This can be attributed to the growing trend of using cloud technology among small and medium businesses (SMBs) and large enterprises across different regions worldwide. On the basis of application,the global jewelry store software market is divided into large enterprise and SMB segments.
Product Definition:
Jewelry store software is a computer program used in the retail jewelry industry to manage and track sales, inventory, customers, and other data. It can help with tasks such as pricing items, creating purchase orders, issuing receipts or invoices, and tracking customer information. Jewelry store software is often specific to the type of jewelry being sold (e.g., diamond rings vs.
Cloud based:
Cloud based software is a collection of on-demand resources that can be used to perform specific tasks. It offers benefits such as increased efficiency and flexibility, which has resulted in its growing popularity among jewelry store owners. The primary factor responsible for the growth of this market is increasing demand from small scale retailers who seek solutions to automate their business processes and gain better control over their inventory & sales.
On premise:
On premise software is used in jewelry store to manage inventory, sales, and other operations. Jewelry store software helps the retailers to maintain records of their products along with pricing information which can be useful while making a product comparison or determining a price for an item.
Application Insights:
The large enterprise segment dominated the global jewelry store software market in 2017. This can be attributed to factors such as presence of a large number of jewelry stores at global level, increasing demand for luxury products and services among consumers, and growing preference for e-commerce solutions over physical shops. The growth of the online retail industry has been phenomenal over the past few years. According to one study, by comScore, an increase in e-commerce sales from 2010 to 2015 was observed in more than 50 countries across five continents including Africa, Asia Pacific & Middle East & Africa and Latin America.
Cloud based solutions were majorly adopted by this segment since it offers cost benefits and easy implementation without any additional costs involved.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high demand for jewelry and related products from U.S., which forms a major part of retail sales in this region. In addition, presence of prominent players such as PANDORA; Zales; and Signet Jewelers has fueled growth in North America over the past few years.
Asia Pacific is anticipated to be one of the fastest-growing regional markets during the forecast period due to increasing number of small & medium enterprises (SMEs) involved in manufacturing jewelry items, especially pearls & beads accessories, which are gaining popularity among customers globally these days due to their superior quality at affordable prices compared with branded counterparts available at higher prices elsewhere.
Growth Factors:
- Increasing demand for customized jewelry: The global jewelry market is expected to grow at a CAGR of 5.8% during the forecast period, reaching a value of US$ 302.5 billion by 2025. This growth can be attributed to the increasing demand for customized jewelry, especially among millennials and Gen Z consumers.
- Rising disposable income: A key factor driving the growth of the global jewelry market is rising disposable income, which has led to an increase in spending on luxury goods such as jewelry.
- Growing popularity of online shopping: The popularity of online shopping is another key driver for the growth of the global jewelry market, as it offers consumers convenience and a wide range of choices at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Jewelry Store Software Market Research Report
By Type
Cloud based, On premise
By Application
Large Enterprise, SMB
By Companies
Lightspeed, Springboard, GiftLogic, iVend Retail, Cybex, ERPLY, Ehopper, LS Nav, RetailPoint, ChainDrive, Clover POS, Cegid, Jewel Mate, ARMS, SAP, Visual Retail Plus
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Jewelry Store Software Market Report Segments:
The global Jewelry Store Software market is segmented on the basis of:
Types
Cloud based, On premise
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
Large Enterprise, SMB
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:
- Lightspeed
- Springboard
- GiftLogic
- iVend Retail
- Cybex
- ERPLY
- Ehopper
- LS Nav
- RetailPoint
- ChainDrive
- Clover POS
- Cegid
- Jewel Mate
- ARMS
- SAP
- Visual Retail Plus
Highlights of The Jewelry Store Software 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 premise
- By Application:
- Large Enterprise
- SMB
- 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 Store Software 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.
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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?
Jewelry Store Software is a software application that helps jewelry stores manage their inventory, sales, and customer information. It includes features such as order management, product cataloging, and pricing analysis.
Some of the major players in the jewelry store software market are Lightspeed, Springboard, GiftLogic, iVend Retail, Cybex, ERPLY, Ehopper, LS Nav, RetailPoint, ChainDrive, Clover POS, Cegid, Jewel Mate, ARMS, SAP, Visual Retail Plus.
The jewelry store software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Jewelry Store Software 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 Store Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Jewelry Store Software 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 Store Software 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 Store Software Market Size & Forecast, 2020-2028 4.5.1 Jewelry Store Software Market Size and Y-o-Y Growth 4.5.2 Jewelry Store Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Cloud based
5.2.2 On premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMB
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Jewelry Store Software 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 Store Software 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Cloud based
9.6.2 On premise
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 Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMB
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Cloud based
10.6.2 On premise
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 Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMB
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Cloud based
11.6.2 On premise
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 Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMB
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Cloud based
12.6.2 On premise
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 Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMB
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Cloud based
13.6.2 On premise
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) Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMB
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 Store Software Market: Competitive Dashboard
14.2 Global Jewelry Store Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lightspeed
14.3.2 Springboard
14.3.3 GiftLogic
14.3.4 iVend Retail
14.3.5 Cybex
14.3.6 ERPLY
14.3.7 Ehopper
14.3.8 LS Nav
14.3.9 RetailPoint
14.3.10 ChainDrive
14.3.11 Clover POS
14.3.12 Cegid
14.3.13 Jewel Mate
14.3.14 ARMS
14.3.15 SAP
14.3.16 Visual Retail Plus