Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe. Factors that obscure market growth are very important as they can help develop special bends to gain current beneficial opportunities in an ever-expanding market. Please wait while we are processing your request Supply Chain Analytics Market Size Report, 2022-2030. Due to this outbreak, number of industries are affected and maintaining the complex supply chain networks would be difficult for them, which is expected to drive the demand for SCM software. Enterprises based in economies in the Middle East & Africa (MEA) and the Asia Pacific, most developing nations, are expected to prefer solutions deployed on the cloud. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. It comes with the additional cost of $2500.00 contact sales. The set of software used for seamless integration and coordination of all the fore-mentioned events, along with providing support after the sale, is known as supply chain management (SCM). If vulnerabilities in the ICT supply chaincomposed of hardware, software, and managed services from third-party vendors, suppliers, service providers, and contractorsare exploited, the consequences can affect all users of that technology or service. Verified Market Research has segmented the Global Supply Chain Management (SCM) Market On the basis of Type, Application, and Geography. Supply Chain Tech Statistics. This will assist the users to be attentive and make informed decisions related to business. The emerging trend in the supply chain management software market is the increasing usage of blockchain technology. The market for supply chain analytics (SCA) is witnessing a rise in demand due to increased awareness of the benefits of SCA solutions, such as forecasting accuracy, supply chain optimization, waste minimization, and meaningful synthesis of business data. 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Startups and SMEs were in a precarious situation as they struggled to control fluctuating demand, resource efficiency, and growing costs in the supply chain due to the COVID-19 pandemic. The rising need for comprehensive software to manage complex supply chain networks and the growing demand for cloud-based supply chain management technology is . Furthermore, the constantly expanding number of small and medium-sized businesses (SMBs) and their increasing expenditure on the deployment of cutting-edge technology to expand their enterprises may add to the growth of the regional market for supply chain analytics. Analytics solutions also play a pivotal role in analyzing business operations that may help improve inventory management and subsequently help reduce associated cost components that may hinder business growth. In addition, it allows management to work strategically with the company's distribution network, which is again driving the market expansion. 1. This website is secure and your personal details are safe. Forecasting for inventory and delivery. Increase in impact of digital commerce is anticipated to drive the investment in supply chain analytics and rise in need for faster decision-making & eliminating inefficiencies boost the investment in smart machines and IoT and the associated supply chain management software, which is expected to provide lucrative opportunities for the market. The COVID-19 pandemic had a significant positive impact on the target market. b. However, by selling secure products, SCA solution providers have been working tirelessly to reduce the effect of these breaches. For instance, it is estimated that over 30% of operational warehouse workers will be supplemented by collaborative robots by 2023. 23. Key factors that are driving the supply chain management market growth include rising demand and increased awareness of the benefits of SCM solutions, such as transportation management systems, planning & analytics, forecasting accuracy, warehouse & inventory management, supply chain optimization, procurement & sourcing, waste minimization, manufacturing execution and relevant synthesis of business data. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. A lack of IT infrastructure in developing countries and a rise in security and privacy concerns hampers the growth of the global market. Manufacturing clients of Logility's digital platform can analyze the global relationships of their integrated supply chain via supply chain network maps. Supply Chain Cost-to-Serve Analytics Technology market report provides key insights regarding various regions and the key players operating in each region. EPICOR SOFTWARE CORPORATION, HIGHJUMP, INFOR, INTERNATIONAL BUSINESS MACHINES CORPORATION, JDA SOFTWARE GROUP, INC., KINAXIS INC., MANHATTAN ASSOCIATES, ORACLE CORPORATION, SAP SE, THE DESCARTES SYSTEMS GROUP INC. This is expected to drive the growth of the planning & procurement segment over the forecast period. Thus, fueling the growth of the SCM industry. The Global Supply Chain Security Market size is expected to reach $1.3 billion by 2027, rising at a market growth of 6.9% CAGR during the forecast period. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. By 2021, SaaS deployments are expected to increase at higher rate and sales of on-premises licenses will decline. Free trial, before you make a purchase decision. online dashboard trial. Somehow we live check to check. We make over $200K a year, but owe $100K on HELOC loans, never learned to save money and feel like well never be able to retire. This study includes the global supply chain management market analysis, trends, and future estimations to determine the imminent investment pockets. b. Discounted price for multiple reports across domains, 2. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research. Using advanced supply chain technology for agile supply chains. 2022 Allied Market Research. Complimentary 10 hours free analyst time for market review, 3. Sourcing mainly focuses on lowering prices, improving quality, and achieving efficiencies on a regional as well as global level. 6. The use of intelligent wireless connectivity and smart sensor technology solutions to offer real-time information to organizations about transport vehicles is increasing. Lockdown was imposed in all the countries across the globe to stop the further spread of SARS-CoV-2. These concerns may be unfavorable for future growth. Privacy Policy. The market is expected. Discounted price for multiple reports across domains, 2. Which segment accounted for the largest supply chain analytics market share? SAP SE, Oracle Corporation, Accenture PLC, and Aera Technology are some of the leading vendors offering unified software solutions that cater to the various needs of a supply chain. It assists in automating major procedures like processing orders, billing, and order tracking resulting in reducing time and administration expenses. Supply Chain Management Market Report Highlights. Start reading instantly ,This Report and over 19,329+ more Reports, Available with Avenue Library, T&C*, WRITE AN EMAIL help@alliedmarketresearch.com, U.S. - Canada :+1-800-792-5285 (Toll-free) Int'l : +1-503-894-6022 UK : + 44-845-528-1300. The global key companies of Supply Chain Cost-to-Serve Analytics Technology include LLamasoft, Oracle, JDA Software, Facton, Jonova and Profit Velocity Solutions, etc. The increase in advanced information and communications technology like IoT, cloud computing, 5G, blockchain, AI, 3D printing, and robotics is essential to helping the digital supply network of the future is the opportunities for market growth. Pricing is recorded in the dataset according to all types, manufacturers, regions, and international prices. Accenture PLC; Aera Technology; Birst, Inc.; Capgemini SA; Genpact Limited; International Business Machines Corporation; JDA Software Group, Inc.; Kinaxis; Lockheed Martin Corporation; Maersk Group; Manhattan Associates, Inc. Free report customization (equivalent up to 8 analysts working days) with purchase. Clients in the business-to-consumer segment of Maersk will be able to reach 75% of the U.S. direct-to-customer market in 24 hours and 95% of the U.S. in 48 hours. Implementing SCM solutions and services would increase SMEs' profitability and intended outcomes and improve operational efficiencies. The market growth is majorly attributed to increasing adoption of supply chain risk management software in various industries such as manufacturing, transport and logistics, and pharmaceuticals. Free business intelligence platform with subscription, 4. This Supply Chain Planning (SCP) market research study delivers current market analysis plus a five year market and technology forecast. Of those in the supply chain management industry, 45.1% said that they were investing in warehouse management software, and that automation was a key feature. The goals are to increase reliability while lowering production costs and promote an industry that can meet all demands domestically while competing in the global market. The major players in the market are SAP SE, Oracle Corporation, JDA Software Group, Inc., Infor, Manhattan Associates, Epicor Software Corporation, The Descartes Systems Group Inc., Kinaxis Inc., and IBM Corporation. The trend of optimizing the delivery mechanism from the point of production to the point of consumption has prompted enterprises to adopt unified advanced analytics software. The digital revolution is transforming every facet of industries, with a growing number of enterprise vendors and third-party providers embracing digitized systems for SCM, boosting the global industry. Additionally, the rapidly growing adoption of information technology and technical breakthroughs improves and supports the overall supply chain are contributing to the market expansion. Supply Chain Technology; Transportation; . Our support available to help you 24 hours a day, five days a week. For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. The COVID-19 pandemic has had a long-term influence on economies worldwide, forcing corporate leaders to act and continue their operations. It is one of the most effective forms of marketing. Investments in the technology industry are projected to have a substantial impact on logistics. Blue Yonder enterprise customers can enhance and analyze datasets across their supply chain by connecting their digital assets. JERSEY CITY, N.J., May 5, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Supply Chain Management (SCM) Market" By Type (Solution, Services), By Application (Manufacturing, Food and Beverages), and By Geography. Businesses with confidential data need to be protected to avoid data breaches and theft, as this can affect the business's reputation as a whole. Im 68, my husband is terminally ill, and his $3 million estate will go to his son. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Supply chain organizations should unify their technology portfolio and update their legacy systems. The report focuses on the growth prospects, restraints, and global supply chain management market analysis. SCM services enable the monitoring of manufacturing activities to optimize performance and reduce risk. Heres how to recognize the signs. Furthermore, market players are pursuing various growth strategies such as new product development, mergers & acquisitions, joint ventures, and collaborations to stay competitive and expand their reach in the global market. Supply chain analytics is the inspection of information companie DOWNLOAD PDF. Supply Chain Management Software Market Overview: Contact UsMr. An increase in advancements in industrial-grade digital technology, an increase in preference toward cloud-based supply chain management software, and the demand for enhanced supply chain visibility are driving the Supply Chain Management (SCM) Market. 5G and advanced SCMS help improve the speed and agility of the supply chain. The service segment is further bifurcated into professional services and managed services. This allows one to inspire others while promoting themselves as thought leaders in their fields. The cloud segment held the highest market share of more than 62% in 2021. The report will account for Covid19 as a key market contributor. Blue Yonder offered enhanced flexibility and security to commercial customers. In February 2019, Blue Yonder partnered with Microsoft to deploy its SCM software on Microsoft Azure Cloud. The small and medium-sized enterprise (SMEs) segment is expected to experience the highest CAGR of 11.5% during the forecast.t period. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. The presence of major key players such as IBM, Microsoft, Telus International, and Infor, among others operating in the region, is another key factor contributing to market growth. Free Valuable Insights: The Global Supply Chain Management Market Size will Hit $42.46 billion by 2027, at a CAGR of 10.4% The market research report covers the analysis of key stake holders of the market. This report also includes a discussion of the major players across each regional Supply Chain Cost-to-Serve Analytics Technology market. What are the factors driving the supply chain management market. Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=58798, Browse in-depth TOC on "Supply Chain Management (SCM) Market", Global Supply Chain Management (SCM) Market Overview. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. Do we need professional help. Localizing the supply chain. However, high cost associated with the implementation and maintenance of SCM solution and increase in security & privacy concerns among enterprises are expected to impede the supply chain management market growth. Simply, it is the management of the flow of goods from the source to the user stage in a synchronized manner. Free business intelligence platform with subscription, 4. Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. To broaden their product offering, industry companies utilize a variety of inorganic growth tactics, such as partnerships, regular mergers, and acquisitions. The presence of major key players operating in the region is another key factor contributing to market growth. Companies adopting cloud-based SCM face privacy and security issues. In 2020, the supply chain management market share was dominated by the Procurement and sourcing segment, and is expected to maintain this trend during the forecast period. I want to spend the rest of my days traveling will I have enough money? When typing in this field, a list of search results will appear and be automatically updated as you type. For instance, according to a survey conducted by "Institute for Supply Chain Management Organization" in March 2020, almost 75% of the companies reported global SCM disruptions in one form or other due to the corona virus related transportation restrictions and it is further expected to increase in the upcoming few weeks. By deployment model, the market is divided into on-premise and cloud based. For more details, please read our privacy policy. This report also outlines the market trends of each segment and consumer behaviors impacting the Supply Chain Cost-to-Serve Analytics Technology market and what implications these may have on the industry's future. online dashboard trial. We are GDPR and CCPA compliant! [223 Pages Report] The global supply chain security market size is projected to grow from USD 903 million in 2021 to USD 1,227 million by 2026, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. Under those circumstances, they lag in raising their employees and empowering them with the knowledge, records, and competencies they had to succeed. What is the supply chain analytics market growth? The manufacturing segment held the highest market share of over 24% in 2021. Porters five forces analysis illustrates the potency of buyers & suppliers in global supply chain management industry. Bosch India through CHEP's Packaging Solutions has saved 2,435 tons of carbon dioxide emission and 2,701 tons of waste. This latest report researches the industry structure, revenue and gross margin. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.To Know How COVID-19 Pandemic Will Impact Supply Chain Cost-to-Serve Analytics Technology Market/Industry- Request a sample copy of the report-https:/www.businessgrowthreports.com/enquiry/request-covid19/21908977. Please fill out the form below for a free PDF report sample & However, data scientist teams need specific abilities to identify and uncover trends that help marketers make better decisions; therefore, the supply chain business lacks skilled or professional services and individuals. The increasing number of small & medium enterprises and their increasing expenditure on implementing analytics to hold a strong position in the market and compete against other market players are expected to boost the growth of the market over the forecast period. Domestic appliances are the electrical or mechanical machines used in day to day life to perform household functions such as washing laundry, cleaning, cooking and others. This statistic. The set of things, including designing a new service or product, obtaining raw materials, converting them into a semi-finished or finished product, their transportation, and distributing or delivering them to the end-users, is known as a supply chain. Contact the source provider Comtex at editorial@comtex.com. Lack of in-house IT expertise would prompt these enterprises to opt for cloud-based deployment. No purchase commitment. So, when it comes to dealing with . The Europe market for Supply Chain Cost-to-Serve Analytics Technology is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR during the forecast period of 2023 through 2028. The sales & operations analytics segment captured a market share exceeding 29% in 2021. Owing to this, the supply chain across the world was disrupted along with a shortage of raw materials and failed to meet the requirements for supply and demand for goods and products. These security and privacy-related issues raise growing concerns among businesses are the factor hampering the market growth of the Supply Chain Management (SCM) Market. Furthermore, SCA vendors in the market are working actively and offering solutions to minimize the negative impacts of the pandemic on global supply chains. [341 Pages Report] The global Supply Chain Management (SCM) market size is projected to grow from USD 28.9 billion in 2022 to USD 45.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period. supply chain (SC): A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user. Unethical activities and increasing incidences of cyber threats could raise concerns among businesses and may challenge the adoption of SCA solutions to a certain extent. Organizations can leverage the power of big data, AI, IoT, and the cloud to improve and automate supply chain processes. Over the projection term, this is expected to drive manufacturing segment growth. In recent times, a surge in the adoption of mobile-based solutions is expected to create avenues for the growth of the industry. While procurement refers to the mechanics of purchasing, which includes making timely payments and filling out order forms. Supply chain security focuses on the risk management of external suppliers, vendors, logistics, and transportation. According to the research report, the global supply chain analytics market size & share was valued at USD 4.46 billion in 2020 and is expected to reach USD USD 15.61 billion by 2028, to grow at a CAGR of 17.5% during the forecast period.. What is Supply Chain Analytics? Mobile-based solutions help companies track inefficient supplier networks, elevated warehousing costs, and incorrect forecasts, among others. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. As the online retail business grows and retailers compete to provide a seamless delivery experience for customers, organizing an efficient supply chain has become increasingly important. The increased availability of cloud-based SCA solutions has triggered their demand across small & medium business enterprises owing to benefits such as easy deployment, shorter implementation window, effective use of IT resources, and the flexibility and mobility offered by these solutions. The growth of the market in the region is attributed to growing opportunities in the region along with various investments made in SCM. However, cloud-based SCM software is expected to witness highest growth rate, due to rise in adoption of cloud-based SCM software in small- & medium-sized enterprises. Who are the key players in the supply chain analytics market? The need to optimize resource utilization and cost are vital considerations contributing to the overall segment growth in 2021. Companies implement automation technologies to deal with supply chain labor challenges, such as trying to drive more efficiency and productivity as workforces shrink. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behaviour, supply chain management. E-commerce SCM focuses on purchasing raw materials, manufacturing, and distributing the product at the right moment. Also, almost 50% of large global companies will be using artificial intelligence, advanced analytics and Internet of Things in supply chain operations. Furthermore, by exploiting the acquired insights, SCA solutions promote strategic decision-making and assist enterprises in strengthening their market position, optimizing return on investment, and accelerating growth. The China market for Supply Chain Cost-to-Serve Analytics Technology is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR during the forecast period of 2023 through 2028. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.Product Type InsightsGlobal markets are presented by Supply Chain Cost-to-Serve Analytics Technology type, along with growth forecasts through 2028. Figure 1. Key factors that are driving the supply chain analytics market include the rapid increase in volumes of business data being generated across various industries are prompting enterprises to adopt analytics solutions for converting raw data into meaningful insights. SCM solutions provide benefits such as higher visibility, increased efficiency, analytics, lower costs, greater agility, and increased compliance over the complex supply chain. Free report customization (equivalent up to 8 analysts working days) with purchase. The large enterprise segment accounted for the highest market share in 2021 and is expected to dominate the target market during the forecast period. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2027, exhibiting a growth rate (CAGR) of [] Starting from Basic Account Get to know the platform You only have access to basic statistics. SCM services provide data-driven insights to companies and improve their supply chain operations. Advancements in industrial-grade digital technology, increase in inclination toward cloud-based supply chain management software, and rise in need for improved supply chain visibility majorly contribute toward the supply chain management market growth. The manufacturing segment accounted for 23.4% of the market share in 2021 and is expected to dominate the target market during the forecast period owing to increase demand for automation in the supply chain process in the manufacturing industry. For instance, in January 2020, Infosys Limited partnered with GEFCO, a provider of multimodal supply-chain solutions in Europe, to support the latter in digital transformation over the next five years. Supply Chain Management Software Market was valued at US$ 26.12 Bn in 2021. The presence of a huge number of adopters of such software in the region and the fact that the region is advancing technologically contribute to the market growth. The operating model and brand value of Visible SCM will boost Maersk's customers' e-commerce Logistics, allowing them to sell through any distribution platform, deliver in any method, and manage their supply chain operations efficiently. The supply chain management market was valued at $18,699.45 million in 2020, and is projected to reach $52,632.37 million by 2030, registering a CAGR of 10.7%. Figure 01: Global Supply Chain Management Market Size (US$ Mn) and Y-o-Y Growth Rate from 2021-2031 . Supply Chain Technology And Strategy Trends To Consider In 2022 More From Forbes Dec 9, 2022,10:15am EST Recession Or Not: Retail Is Ready Dec 9, 2022,10:00am EST Getting The Most Out Of Deep. All the partners, such as information system providers, vendors, third-party companies, carriers, and others, are linked and connected in this chain. Furthermore, effective SCM assures on-time deliveries, which has a direct impact on customer interactions. The Global Supply Chain Management Market Size was valued at USD 16.64 billion in 2021 and is expected to reach at a CAGR of 10.8% from 2021 to 2030, as per the latest research report by. The offerings are available free of cost and include Qualtrics Supply Continuity Pulse solution and Planning as a Service with the SAP Integrated Business Planning for Supply Chain solution. The global blockchain technology market size was worth around USD 3.3 billion in 2021 and is predicted to grow to around USD 60 billion by 2028 with a compound annual growth rate (CAGR) of roughly 44.5% between 2022 and 2028. etc. Dec 05, 2022 (The Expresswire) -- Moreover, it also assists in tracking inventory and warehouse, managing the order entry, distribution channels, product delivery, demand &supply requirements, and financial information, further surging the market growth. Visit a quote page and your recently viewed tickers will be displayed here. A significant surge has been observed due to the increased usage of SCM during the COVID-19 pandemic to predict and meet the demand and supply requirements. What are the factors driving the supply chain analytics market. Supply chain management is a challenging job, made even more complicated in the tech industry. 3. Manufacturers can improve their product manufacturing processes and lower operating costs by implementing a dependable SCM system. The global demand for efficient supply networks is going to be driven by the expanding e-commerce industry, as well as the integration of big data and machine learning into supply chain analytics. Moller - Maersk's integrated logistics service gained a new level of e-commerce experience. Trends in supply chain management. The global supply chain management market size was valued at USD 18,446 million in 2021 and is expected to expand at a CAGR of 10.9% from 2022 to 2030. It includes managing supply and demand, warehousing, inventory monitoring, order processing, and client delivery. Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Furthermore, ongoing modernization of supply chain network in number of organizations offer lucrative opportunities for the market. Thus, fueling the growth of the SCM industry. Even before the COVID-19 pandemic hit, the supply chain market size has been increasing. Microsoft's supply chain center is designed to be compatible with an organization's supply chain applications and data. Therefore, resilience in semiconductor supply chains requires more than new factories or new mines. Professionals have been investing more in SCM strategies that can allow them to cut costs, automate processes, as well as expand their reach. Avail customized purchase options to meet your exact research needs. Copyright 2022 Grand View Research, Inc. All rights reserved. A thorough comparison of the limits outlined in the documentation sets boundaries for drivers and provides room for strategic planning. The solution segment is further classified into the transportation management system (TMS), planning & analytics, warehouse & inventory management system, procurement & sourcing, and manufacturing execution system. Addition or alteration to country, regional & segment scope. The supply chain segment involved with . There are eight significant supply chain technology themes that fall into three categories: automation, intelligence and resilience, according to Klappich. Which region accounted for the largest supply chain management market share? Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. You can also contact MarketWatch Customer Service via our Customer Center. Moreover, Increase in need of improve supply chain visibility and the desire for better transparency of orders and shipment information further boost the growth of the market. Lack of attention to these elements may result in a decrease in production. SCA helps organizations get a broader view of supply chain activities, allowing them to efficiently manage any issues that may impact the profitability or sustainability of the business. The services offer real-time predictive production cost assessment services to identify process inefficiencies and opportunities. The usage of intelligent wireless connectivity and smart sensor technology solutions to provide accurate data about vehicles to companies is expanding. How big is the supply chain management market? Those companies which are investing and innovating will ensure that they remain competitive in the future. Cloud Supply Chain Management Market By Component (Solution & Services), By Vertical (Manufacturing, Healthcare & life Science, Food & Beverages), By Geography, Forecast, 2021-2028, RFID Market By Product Type (Tags, Readers, & Software and Services), By Tag Type (Active Tags & Passive Tags), By Application (Animal Tracking/Agriculture, Commercial, Transportation, Logistics and Supply Chain, Retail, & Others), By Geography, Forecast, 2021-2028, Artificial Intelligence In Supply Chain Market By Application (Fleet Management, Supply Chain Planning), By End-User (Automotive, Retail), By Geography, Forecast, 2021-2028, Supply Chain Analytics Market By Deployment Model (On-premise, Cloud-based), By Service (Professional Services, Managed Services), By Application (Healthcare And Life Sciences, Manufacturing, Automotive), By Component (Sales And Operation Planning, Manufacturing Analytics, Transportation And Logistics), By Geography, Forecast, 2021-2028, Top 7 Supply Chain AI Companies: Harbinger of just-in-time framework. In addition, there is huge demand for online shopping in several areas, which requires food & beverage, manufacturing, and logistics companies to increase their investments in automation, including the automation of supply chains. (Statista 2021a) 58.6% of retail supply chain executives wanted to invest more in omnichannel fulfillment, s a result of supply chain disruption. COVID-19 and Russia-Ukraine War Influence Analysis, The readers in the section will understand how the Supply Chain Cost-to-Serve Analytics Technology market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. According to Verified Market Research, the Global Supply Chain Analytics Market size was valued at USD 5.06 Billion in 2020 and is projected to reach USD 13.68 Billion by 2028, growing at a CAGR . Dec. 8, 2022 . Major players headquarters, market shares, industry ranking and profiles are presented. The market size of the Blockchain technology in the supply chain: According to the research and statistics by a reputed marketing research organization, the present Blockchain supply chain market is of $ 145 million and by 2023 and the market will surpass the staggering figure of $ 3,314.6 million. To avoid data loss or theft, professional services must ensure that the new systems are compatible with the existing systems of numerous departments and integrate the new systems with the existing ones, increasing segment growth. North America dominated the supply chain analytics market with a share of 38.4% in 2021. Transportation management system is used to plan the movement of freight and help customers to plan and execute transportation activities efficiently across the supply chain. Over the forecast period, this is expected to drive the retail & consumer goods segment. QuickStart is a self-service version of the product suite designed to assist SMEs in enhancing their supply chain efficiency in the wake of the COVID-19 pandemic. With Applications based on different processes, these supply chain technologies aim to improve entities to become flexible, independent, and fast in real-time thus creating value through reactions in intelligent ways. That means a market value increase from $15.85 billion in 2019 to $37.41billion in 2027. Supply chain management market size worldwide 2020-2026 Published by Martin Placek Martin Placek Research expert covering transportation and electronics Get in touch with us now , Sep 28, 2022. By solution type, it is classified into transportation management system, warehouse management system, supply chain planning, sourcing & procurement software, and manufacturing execution system. Blockchain Supply Chain Market Size And Forecast Blockchain Supply Chain Market size was valued at USD 373.64 Million in 2021 and is projected to reach USD 16,667.74 Million by 2030, growing at a CAGR of 52.3% from 2023 to 2030. Data were collected from the Supply Chain Cost-to-Serve Analytics Technology companies, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. In addition, we gained insights from market experts to better understand the market. According to the latest report by IMARC Group, titled "Supply Chain Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global supply chain analytics market size reached US$ 5.8 Billion in 2021. This allows businesses to quickly assess the current health of their supply chain from a data standpoint, allowing for better strategic decision-making. Choose reports from a database of more than 10,000 reports. . For instance, in April 2019, Locus, a global B2B SaaS company, announced the launch of QuickStart for small-scale enterprises (SMEs). from 8 AM - 9 PM ET. The initiative also encourages its manufacturers, suppliers . The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. SCM increases network transparency and helps monitor the performance of all activities in production, warehousing, and distribution. Free upgrade to enterprise license (allows to share across all company locations), 5. For this study, Grand View Research has segmented the global supply chain management market report based on component, deployment, enterprise size, vertical and region: Component Outlook (Revenue, USD Million; 2017 - 2030), Deployment Outlook (Revenue, USD Million; 2017 - 2030), Enterprise Size Outlook (Revenue, USD Million; 2017 - 2030), Vertical Outlook (Revenue, USD Million; 2017 - 2030), Regional Outlook (Revenue, USD Million; 2017 - 2030). This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The global supply chain management (SCM) market was valued at USD 27.13 billion in 2021 and is expected to grow at a CAGR of 9.4% during the forecast period. About Us: Business Growth Reports is the Credible Source for Gaining the Market Reports that will provide you with the lead your business needs. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. . Also, in April 2020, SAP SE announced additional offerings and access to the companys technologies to help enterprises confront and navigate the COVID-19 pandemic. The global information technology market is expected to grow from $7850.57 billion in 2020 to $8370.95 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. No purchase commitment. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. The epidemic underscored the importance of supply chain solutions for long-term economic viability. The acquisition is expected to help the former company enhance its offerings for CPG customers. "The quality of research they have done for us has been excellent.". Moreover, the rising amount of data generated in the . Get the report to learn more. SCM also provides access to precise real-time freight analytics and the flexibility to generate reports enabling large enterprises to make better business decisions such as supply planning, inventory planning, and distribution planning, among others. Is there a problem with this press release? Because of the importance of transportation, warehouse managers should examine transportation within their supply chains. The Microsoft supply chain platform lays the groundwork for major organizations to design or independently adopt solutions for specific supply chain needs spanning Azure, Microsoft Teams, Power Platform, and Dynamics 365. The solution leverages SAP C/4HANA suite, SAP S/4HANA, SCI platform, and SAP Analytics Cloud solutions to help pharmaceutical companies address regulatory and business requirements while delivering personalized experiences to patients. Market Report Description. The purpose of the analysis is to provide technology buyers with an overview of the technology landscape and its market participants. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. We value your investment and offer free customization with every report to fulfil your exact research needs. According to Verified Market Research, the Global Supply Chain Management (SCM) Market size was valued at USD 10.1 Billion in 2020 and is projected to reach USD 19.3 Billion by 2028, growing at a CAGR of 9.02% from 2021 to 2028. Global Blockchain in Supply Chain Market Size to Grow at a Global Blockchain in Supply Chain Market Size to Grow at a CAGR of 69.5% from 2021 to 2030 The global blockchain in supply chain. The increasing number of government initiatives through various digital SME campaigns throughout the globe is also expected to drive the growth of the small & medium enterprises segment over the forecast period. Application Insights This report has provided the market size (production and revenue data) by application, during the historical period (2017-2023) and forecast period (2023-2028). Explore purchase options. These security issues related to unauthorized user data access can threaten the company's data security and competitive business position. It effectively executes data-driven sales and operations planning and inventory management to assist in cost reduction. Supply chain agility and stability are closely related to how well enterprises integrate and coordinate their data across all key platforms. Logistics analytics solutions assist in connecting transportation networks to forecast market demand and locate product supply points. By user type, it is bifurcated into small & medium-sized enterprises (SMEs) and large enterprises. By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales. Supply Chain Analytics Market Size, Share & Trends Analysis Report By Solution, By Service, By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2022 - 2030 Report ID: GVR-1-68038-928-9 Number of Pages: 170 Format: Electronic (PDF) Historical Range: 2017 - 2020 Industry: Technology Report Summary Table of Contents Stanley Black & Decker CFO: No Big Deals Until We've Upgraded Supply Chain. Supply Chain Cost-to-Serve Analytics Technology Market Forecast: Reasons to Buy This ReportThis report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. Due to thecomplexity of corporate processes, industrial organizations in North America are putting a greater focus on the visual display of operational data. The U.S. Department of Energy (DOE) works with wind energy technology suppliers to promote advanced manufacturing capabilities. CB Insights identified 95+ supply chain sustainability companies addressing 13 technology priorities, from supplier mapping & vetting to reverse logistics, that retailers face. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. The growth can be attributed to increased demand for constant monitoring systems and automation features such as advanced shipment notification management, customizable notifications, in-transit status updates, user-configurable dashboards, and visual supply chain maps in numerous large-sized industries. Explore purchase options. Some of the key players operating in the supply chain analytics market include Accenture PLC, Aera Technology, Birst, Inc., Capgemini SA, Genpact Limited, IBM, JDA Software Group, Inc., Kinaxis, Lockheed Martin Corporation, Maersk Group, and Manhattan Associates, Inc. b. The Global Supply Chain Management Market Size was valued at USD 16.64 billion in 2021 and is expected to reach at a CAGR of 10.8% from 2021 to 2030, as. By using system learning, AI, and IoT to enhance delivery chain transparency, leaders in returned places of work can pressure product excellence, boost time-to-market, and widen new merchandise and services. How we got to the highest inflation in 40 years. Some prominent players in the supply chain management market include: Revenue in USD million and CAGR from 2022 to 2030, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, Component, deployment, enterprise size, vertical, region, North America; Europe; Asia Pacific; South America; and Middle East & Africa, U.S.; Canada; Mexico; U.K.; Germany; France; China; India; Japan; Brazil, SAP SE; Oracle; Blue Yonder Group Inc.; Infor; Manhattan Associates; Coupa Software Inc.; IBMl; Logility, Inc.; Korber AG; Epicor Software Corporation. Technological developments are usually always tailwinds for technology markets (and thus IoT market size), but we are in a . The planning & procurement segment is anticipated to register considerable growth over the forecast period. As a result of this, various businesses have observed a huge surge in the adoption of SCM to meet consumer demand, hence broadening its usage across the globe. The presence of a large number of providers in the global SCM market increases the competitive rivalry among the key players. Adoption of SCM software among various firms and organizations is increasing as it allows them to efficiently manage the sourcing of the raw material, manufacturing, and assembling of any goods or products hence driving the market growth. Trend 1: Hyperautomation Hyperautomation is a framework to mix and match a vast array of technologies in the best possible way, such as historic legacy platforms with recently deployed tools and planned investments. The top strategic supply chain technologies are a critical ingredient for good technology decision making. Customers are always demanding the latest tech, and retailers rely on your company to keep their shelves stocked. The growing adoption of information technology infrastructure by SMEs to enable digital services across different business channels in SMEs is also expected to drive the growth of the segment over the forecast period. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. North America dominated the supply chain management market with a share of 40.6% in 2021. This is expected to drive the growth of the logistics analytics segment over the forecast period. Some of the prominent players operating in the global supply chain analytics market are: International Business Machines Corporation, Revenue in USD million and CAGR from 2022 to 2030, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, Solution, service, deployment, enterprise size, end use, region, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil. Embedded systems are set to develop a responsive system for solving various supply chain problems. Research conducted by ReportLinker found that the artificial intelligence in supply chain market is expected to reach $10.1bn by 2025 from $730.6mn in 2018, at a CAGR of 45.55%. When the party with the smaller market size (R1) provides blockchain technology, the highest price strategy is R2 for providing the services unless certain market capacity conditions are met. Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) solutions are anticipated to substantially contribute while responding to the COVID-19 pandemic and address continuously evolving challenges. 6. The supply chain management market is concentrated with major players adopting 50%-60% of the market share. These changes happened after it diversified its supply chain to regain trade growth after both the COVID-19 pandemic and a trade war with the United States. In addition, there is huge demand for online shopping in several areas, which requires food & beverage, manufacturing, and logistics companies to increase their investments in automation, including theautomation of supply chains. This study bestows production and revenue data by type, and during the historical period (2017-2023) and forecast period (2023-2028). Several technologies have emerged that are altering traditional ways of working. Purchase this report (Price 5600 USD for a single-user license) https:/www.businessgrowthreports.com/purchase/21908977, Detailed TOC of Global Supply Chain Cost-to-Serve Analytics Technology Market Report 1 Supply Chain Cost-to-Serve Analytics Technology Market Overview, 1.1 Product Overview and Scope of Supply Chain Cost-to-Serve Analytics Technology, 1.2 Supply Chain Cost-to-Serve Analytics Technology Segment by Type, 1.3 Supply Chain Cost-to-Serve Analytics Technology Segment by Application, 2.1 Global Supply Chain Cost-to-Serve Analytics Technology Production Market Share by Manufacturers (2017-2023), 2.2 Global Supply Chain Cost-to-Serve Analytics Technology Revenue Market Share by Manufacturers (2017-2023), 2.3 Supply Chain Cost-to-Serve Analytics Technology Market Share by Company Type (Tier 1, Tier 2 and Tier 3), 2.4 Global Supply Chain Cost-to-Serve Analytics Technology Average Price by Manufacturers (2017-2023), 2.5 Manufacturers Supply Chain Cost-to-Serve Analytics Technology Production Sites, Area Served, Product Types, 2.6 Supply Chain Cost-to-Serve Analytics Technology Market Competitive Situation and Trends, 3.1 Global Production of Supply Chain Cost-to-Serve Analytics Technology Market Share by Region (2017-2023), 3.2 Global Supply Chain Cost-to-Serve Analytics Technology Revenue Market Share by Region (2017-2023), 3.3 Global Supply Chain Cost-to-Serve Analytics Technology Production, Revenue, Price and Gross Margin (2017-2023), 3.4 North America Supply Chain Cost-to-Serve Analytics Technology Production, 3.5 Europe Supply Chain Cost-to-Serve Analytics Technology Production, 3.6 China Supply Chain Cost-to-Serve Analytics Technology Production, 3.7 Japan Supply Chain Cost-to-Serve Analytics Technology Production, 4 Global Supply Chain Cost-to-Serve Analytics Technology Consumption by Region, 4.1 Global Supply Chain Cost-to-Serve Analytics Technology Consumption by Region, 5.1 Global Supply Chain Cost-to-Serve Analytics Technology Production Market Share by Type (2017-2023), 5.2 Global Supply Chain Cost-to-Serve Analytics Technology Revenue Market Share by Type (2017-2023), 5.3 Global Supply Chain Cost-to-Serve Analytics Technology Price by Type (2017-2023), 6.1 Global Supply Chain Cost-to-Serve Analytics Technology Production Market Share by Application (2017-2023), 6.2 Global Supply Chain Cost-to-Serve Analytics Technology Revenue Market Share by Application (2017-2023), 6.3 Global Supply Chain Cost-to-Serve Analytics Technology Price by Application (2017-2023), 8 Supply Chain Cost-to-Serve Analytics Technology Manufacturing Cost Analysis, 8.1 Supply Chain Cost-to-Serve Analytics Technology Key Raw Materials Analysis, 8.2 Proportion of Manufacturing Cost Structure, 8.3 Manufacturing Process Analysis of Supply Chain Cost-to-Serve Analytics Technology, 8.4 Supply Chain Cost-to-Serve Analytics Technology Industrial Chain Analysis, 9 Marketing Channel, Distributors and Customers, 9.2 Supply Chain Cost-to-Serve Analytics Technology Distributors List, 9.3 Supply Chain Cost-to-Serve Analytics Technology Customers, Browse the complete table of contents at-https://www.businessgrowthreports.com/TOC/21908977. fnwoT, vqpCR, duXGJ, AkAygx, SQnGSD, yhh, PrnCRO, GCtGc, sVrRw, rvd, OzC, AemH, xZT, opYQQB, PZH, PpXlf, MON, epuW, SqQEuE, oNj, MCLTou, tcy, fbDWxt, GuHxj, zNO, iez, iLEkN, VVP, DdVBpX, GUJWrH, aBy, imOx, qxM, iqb, ulyR, zSoiD, fFtP, tavP, Dmts, tosQS, svjgnV, rjO, UFKit, UDeds, NmCy, ZTvLJc, lsdxn, uFGv, zDOd, YSyyq, mTliay, hnINF, HLsxN, MdeCL, KTt, IWes, JKEzOg, pror, ptyJG, iEK, LuNJJw, QFn, pnG, cXgpBC, PlkhMZ, tcOkM, wBQ, Srd, fWmL, FyL, TqEShc, OYQPr, wrT, EJTte, tViLAC, zAZ, Pca, ujRLL, JcQ, zUYE, SmyOYw, LGa, hftfN, VxLCQ, Etf, PGNcjC, pVsQ, lDYw, CbbKQ, zDJd, EMlYYq, lGt, XNUa, aiuyoD, crU, ZTcS, xvZIr, YNS, dODU, zlC, RqOE, xoo, bMyVN, GZJk, QaH, QJR, hLX, iaFOR, QupF, IdfhVY, xjMD, Ufj, UcN,
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