The Supply Chain Management Market was estimated at US$25.62 billion in 2021 and is anticipated to grow by 10.4% CAGR to US$56.55 billion by 2029.
Global Supply Chain Management Market Overview
The Global Supply Chain Management market research provided a comprehensive analysis of the worldwide Global Supply Chain Management Market, taking into account all critical variables such as growth factors, limitations, market advancements, top investment pockets, future prospects, and trends. The research begins by emphasizing the important trends and possibilities that may develop in the near future and have a favorable influence on overall industry growth.
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Global Supply Chain Management Market Scope
A combination of primary and secondary data is used for the qualitative and quantitative analysis of the Global Supply Chain Management Market. The bottom-up approach is used to estimate the Global Supply Chain Management Market size and segments. Interviews with top manufacturers, industry experts, suppliers, and market surveys were conducted using primary research. Secondary research includes industry journals, presentations, whitepapers, and some paid databases for the Global Supply Chain Management market. To validate the results from the findings SWOT and PESTLE analysis was conducted, which includes strengths and weaknesses of the market as well as economic condition.
Segmentation
In 2021, the cloud segment had the highest deployment type share (xx%). In order to support collaborative transportation management solutions, network capacity sourcing, full visibility and event management, as well as auxiliary activities like freight payment and audit, cloud computing is rapidly expanding. Using cloud-based business analytics and manufacturing data helps reduce manufacturing cycle times, which enhances supply chain management.
Based on Component, the Software segment was dominant in 2021 and is expected to command a market share of xx% by 2029. The flow of goods can now be managed with digital tools that leverage high volumes of data from multiple sources, connect resources (machines and humans) in real-time, and embrace social media to collaborate beyond organizational boundaries.
Based on Enterprise size, the SME segment was dominant in 2021 and is expected to command a market share of xx% by 2029. The increasing number of government initiatives through various digital SME campaigns throughout the globe is expected to drive the growth of small and medium enterprises. The adoption of information technology to enable digital services across different business channels in SMEs is expected to drive the segment demand for supply chain analytics.
In 2021, the North American region had the most market share, at xx%. By 2030, the United States will control more than 79% of North America, the research predicts. This expansion might be attributed to the rise in spending on transportation and logistics, which is boosting the use of automation technology in supply chains and logistics. The transportation and logistics industry is very large and very competitive in the United States, and it comprises businesses like railroads, aviation services, and shipping. Factors including increased urbanisation, increased traffic congestion, and the digital revolution in the transportation industry are likely to fuel market expansion in the United States as a result of the growing use of SCM solutions in transportation management.
Key Players
• SAP SE
• Oracle Corporation
• JDA Software Group, Inc.
• Infor
• Manhattan Associates
• Epicor Software Corporation
• The Descartes Systems Group Inc.
• HighJump
• Kinaxis Inc.
• IBM Corporation
• Top of Form
• E2open, LLC
• Descartes Systems Group
• WiseTech Global
• Jaggaer
• Kewill Systems
• DassaultSystemes
• Vanguard Software
• Amadeus
• Coupa Software
• Blue yonder
• Verizon connect
• BluJay Solutions
• SPS Commerce Inc.
• Zaragoza Logistics Center (ZLC)
• Melcombe Partners
• Ikanuki
• ThoughtWire
• Via and Voxme Software Inc.
• Vendorful
• Smart Software
• Procure Xperts
• OdooTec
Regional Analysis
Regional Insights in the report on the Global Supply Chain Management industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Global Supply Chain Management Market Report are:
- What is Global Supply Chain Management Market?
- What is the forecast period of the Global Supply Chain Management Market?
- What is the competitive scenario of the Global Supply Chain Management market?
- Which region held the largest market share in the Global Supply Chain Management Market?
- What are the opportunities for the Global Supply Chain Management Market?
- What factors are affecting the Global Supply Chain Management market growth?
- Who are the key players of the Global Supply Chain Management market?
- Which company held the largest share in the Global Supply Chain Management market?
- What will be the CAGR of the Global Supply Chain Management market during the forecast period?
- What key trends are likely to emerge in the Global Supply Chain Management market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Global Supply Chain Management market
- Landscape- Leading key players and other prominent key players.
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