U.S. Retail Recon Software Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2035

Report Code : FAT2037151
Published On: Sep, 2020
Category : IT & Telecom
Pages : 170

U.S. Retail Recon Software Market by Component (Software and Services); By Software Type (Transaction Matching, Consolidation, Reporting & Analytics, Variance Analysis, Task Management, and Others); By Deployment Model (On-Premise and Cloud); By Retailer Size (Large Retailers and Small & Medium Retailers); By Reconciliation Type (Account Reconciliation, Bank Reconciliation, Payment Reconciliation and Others) and Region – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Recon is a comparable mechanism with the monthly statements in internal financial records with external institutions, banks, and credit card firms. Software Recon helps retail businesses to compare their accounting system payment transactions with their ERP details on their bank accounts. It also assists retail firms in identifying financial businesses and enhances the firm's corporate influence and visibility.
Market highlights
The size of the US retail market in 2019 was projected USD 110 million and is expected to hit USD 300 million by 2030, rising from 2020 to 2030 at CAGR of 14 percent. The reconciliation program comprises of an internal verification mechanism and evaluating transaction history internally with externally available resources, such as bank records.
US Retail Recon Software Market: Segments
The software category has grown to over 2/3rd of the market share of component segment in 2019, and is anticipated to grow with the same trend during the forecast period. The pace of deployment of reconciliation software fuels the segment’s development. On the other hand, the service segment would increase by 15% in the forecast period in the fastest of CAGRs. The growth of the section is boosting greater need for various services such as management and professional services.
US Retail Recon Software Market: Market Dynamics
Drivers
Rise in the Acceptance of Recon Management
The rise in the acceptance by retailers of digital and real-time payment services supports the growth of the recon software industry. The rising in online payment has resulted in a large volume of transactions that retailers need to handle effectively to grow their marketplace share. Recovery software, therefore, offers an effective way to handle a huge number of customers and their volume of transactions, the main factor in market development.
Restraint
High costs
Specific IT expertise is not mostly available in small and medium businesses, so employing external operators can be very costly. The devices must be continually linked to the internet in this form of system. If the link is unreliable or dangerous, retailers run the risk of losing sales.
US Retail Recon Software Market: Region
US & Retail Recon Software Market is further segmented by region into:
· US Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
US Retail Recon Software Market: Key Players
• AutoRek
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Baldwin Hackett & Meeks, Inc.
• Blackline, Inc.
• Broadridge Financial Solutions, Inc.
• Cashbook
• Fiserv, Inc.
• Oracle Corporation
• ReconArt, Inc.
• SAP SE
• SigmaIQ.
• Other Prominent Players

US Retail Recon Software Market report also contains analysis on:
• US Retail Recon Software Market Segments:
• By Component
 Software
 Service
• By Software Type
 Transaction Matching
 Consolidation
 Reporting & Analytics
 Variance Analysis
 Task Management
 Others
• By Deployment Model
 On-Premise
 Cloud
• By Retailer Size
 Large Retailers
 Small & Medium Retailer (SMRs)
• By Reconciliation Type
 Account Reconciliation
 Bank Reconciliation
 Payment Reconciliation
 Others
• US Retail Recon Software Market Dynamics
• US Retail Recon Software Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
With tables and figures helping analyze worldwide U.S. Retail Recon Software market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

1. Executive Summary

2. US IVF
2.1. US Retail Recon Software Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms

3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends

6. Recent Development, Policies & Regulatory Landscape

7. Risk Analysis
7.1. Demand Risk Analysis
7.2. Supply Risk Analysis

8. US Retail Recon Software Industry Analysis
8.1. Porters Five Forces
8.1.1. Threat of New Entrants
8.1.2. Bargaining Power of Suppliers
8.1.3. Threat of Substitutes
8.1.4. Rivalry
8.2. PEST Analysis
8.2.1. Political
8.2.2. Economic
8.2.3. Social
8.2.4. Technological

9. US Retail Recon Software Market
9.1. Market Size & forecast, 2019A-2030F
9.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
9.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10. US Retail Recon Software: Market Segmentation
10.1. By Regions
10.1.1. North America: (U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.2. By Component: Market Share (2020-2030F)
10.2.1. Software, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.2.2. Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3. By Software Type: Market Share (2020-2030F)
10.3.1. Transaction Matching, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3.2. Consolidation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3.3. Reporting, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3.4. Analytics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3.5. Variance Analysis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.3.6. Task Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.4. By Deployment Model: Market Share (2020-2030F)
10.4.1. On-Premise, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.4.2. Cloud, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.5. By Retailer Size: Market Share (2020-2030F)
10.5.1. Large Retailers, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.5.2. Small & Medium Retailers, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.6. By Reconciliation Type: Market Share (2020-2030F)
10.6.1. Account Reconciliation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.6.2. Bank Reconciliation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.6.3. Payment Reconciliation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Company Profile
11.1. AutoRek
11.1.1. Company Overview
11.1.2. Company Total Revenue (Financials)
11.1.3. Market Potential
11.1.4. Global Presence
11.1.5. Key Performance Indicators
11.1.6. SWOT Analysis
11.1.7. Product Launch
11.2. Baldwin Hackett & Meeks, Inc.
11.3. Blackline, Inc.
11.4. Broadridge Financial Solutions, Inc
11.5. Cashbook
11.6. Fiserv, Inc.
11.7. Oracle Corporation
11.8. ReconArt, Inc.
11.9. SAP SE
11.10. Other Prominent Players

12. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
The U.S. Retail Recon Software Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

Report Objectives / Segmentation Covered :

By Companies / players:
By Regions:
By Type:
By Application:

Frequently asked questions(FAQ's):

What trends are influencing the growth of the U.S. Retail Recon Software Market?

New players are entering the U.S. Retail Recon Software Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.

What are the major applications for U.S. Retail Recon Software?

U.S. Retail Recon Software has a wide range of applications, including and others.

What is the estimated size & growth rate of the U.S. Retail Recon Software Market?

In recent years, the U.S. Retail Recon Software Market has grown at an incredible rate. From 2024 to 2029, the market is expected to grow at a CAGR of yy%.

Where does the U.S. Retail Recon Software Industry stands in terms of scaling end-use implementations?

According to the U.S. Retail Recon Software Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.

How is the U.S. Retail Recon Software Market's changing dynamics captured?

The U.S. Retail Recon Software analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.