Supply Chain Management Market Overview
The Supply Chain Management Market is undergoing significant changes, driven by technological advancements and shifting consumer preferences. As businesses navigate this ever-changing landscape, our comprehensive overview serves as a valuable resource to facilitate informed decisions and capitalize on emerging opportunities.
Market Values:
The supply chain management market was estimated to be worth US$ 28.28 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 10.4% to reach US$ 56.53 billion by 2029.
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News:
• SAP Company Network, which will bring together Ariba Network, SAP Logistics Business Network, and SAP Asset Intelligence Network, was presented in June 2021 at its global SAPPHIRE NOW conference as the first step in creating the world’s largest business network. SAP is announcing additional technologies to assist firms to modernize and digitalize their business processes in order to become intelligent enterprises, in addition to this central announcement.
Supply Chain Management Market Report Scope and Research Methodology
The Supply Chain Management market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. It examines drivers, challenges, and investment opportunities for stakeholders. The report analyzes major companies’ competitiveness, products, and regional markets. Utilizing primary and secondary research, it offers valuable insights for achieving higher growth in the Supply Chain Management market. The report analyzes major companies’ competitiveness, products, and regional markets, leveraging primary and secondary research to drive higher growth in the Supply Chain Management market.
Supply Chain Management Market Regional Insights
The report offers a comprehensive analysis, encompassing all factors such as market size, growth rate, and import-export activities across different regions. Through regional analysis, we provide detailed examination of the current status of the Supply Chain Management market in various countries.
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Supply Chain Management Market Segmentation
The cloud segment held the largest share of in 2022, based on the type of deployment. Cloud computing is growing rapidly to support not only collaborative transportation management solutions but also other areas of transportation management like event management, network capacity sourcing, full visibility, and freight payment and auditing. Cloud-based business analytics and manufacturing data can be used to reduce manufacturing cycle times, which enhances supply chain management.
by Component
Hardware
Software
Services
by Organization Size Type
On-premises
Cloud
by Enterprise size
SMEs
Large enterprises
The SME segment dominated the market in 2022 and is predicted to hold a dominant position by 2029 based on Enterprise size. Growing numbers of government initiatives through global digital SME campaigns are predicted to propel the expansion of small and medium-sized businesses. The supply chain analytics market is predicted to grow as SMEs use information technology to enable digital services across various business channels.
by Verticals
FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others
Real-time supply chain visibility becomes essential for the FMCG supply chain’s successful execution and unexpected cost avoidance based on verticals. Inventory management systems are also necessary for this industry since they help end users maintain control over their stock levels and schedule timely shipments. FMCG distributors run the risk of product spoilage, contamination, or damage without proper warehouse management and inventory control. This puts customers at risk and exposes their business to possible fines and infractions of tight food safety laws. FMCG companies gain real-time supply chain insight, business analytics, and reduced operating costs from SCM solutions and services.
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Supply Chain Management Market Key Players
1. SAP SE
2. Oracle Corporation
3. JDA Software Group, Inc.
4. Infor
5. Manhattan Associates
6. Epicor Software Corporation
7. The Descartes Systems Group Inc.
8. HighJump
9. Kinaxis Inc.
10. IBM Corporation
11. Top of Form
12. E2open, LLC
13. Descartes Systems Group
14. WiseTech Global
15. Jaggaer
16. Kewill Systems
17. DassaultSystemes
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Key questions answered in the Supply Chain Management Market are:
- What is Supply Chain Management?
- What was the Supply Chain Management market size in 2023?
- What is the growth rate of the Supply Chain Management Market?
- Which are the factors expected to drive the Supply Chain Management market growth?
- What are the different segments of the Supply Chain Management Market?
- What growth strategies are the players considering to increase their presence in Supply Chain Management?
- What are the upcoming industry applications and trends for the Supply Chain Management Market?
- What major challenges could the Supply Chain Management Market face in the future?
- What segments are covered in the Supply Chain Management Market?
- Who are the leading companies and what are their portfolios in Supply Chain Management Market?
- What segments are covered in the Supply Chain Management Market?
- Who are the key players in the Supply Chain Management market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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