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:
Key Offerings:
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