Supply Chain Management Market was valued at US$ 28.28 Bn. in 2022 and is expected to reach US$ 56.53 Bn. by 2029, at a CAGR of 10.4% during a forecast period.
Supply Chain Management Market Overview
The Supply Chain Management market research is based on forecasts from major organizations as well as market statistics. The Supply Chain Management analysis at global, regional and national market levels has been provided in the report with the competitive scenario for predicted periods and individual firm valuations.
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Supply Chain Management Market Segmentation
In 2022, the cloud segment held the highest share based on the type of deployment. Cloud computing is growing rapidly to enable 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
Component-wise, the Software category dominated in 2022 and is anticipated to hold a by 2029. Digital tools that connect resources (people and machines) in real-time, harness massive amounts of data from many sources, and embrace social media to collaborate across organizational boundaries are now able to manage the flow of commodities.
by Organization Size Type
On-premises
Cloud
The SME segment dominated the market in 2022 and is predicted to hold a strong position by 2029 based on Enterprise size. Growing numbers of government efforts through global digital SME campaigns are predicted to stimulate the expansion of small and medium-sized businesses. The market for supply chain analytics is predicted to be driven by SMEs' use of IT to offer digital services across various business channels.
by Enterprise size
SMEs
Large enterprises
by Verticals
FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others
Real-time supply chain insight 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 let end users maintain control over their stock levels and schedule timely delivery. FMCG distributors run the risk of product deterioration, 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 intelligence, business analytics, and reduced operating expenses from SCM solutions and services.
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 18. Vanguard Software 19. Amadeus 20. Coupa Software 21. Blue yonder 22. Verizon connect 23. BluJay Solutions 24. SPS Commerce Inc. 25. Zaragoza Logistics Center (ZLC) 26. Melcombe Partners 27. Ikanuki 28. ThoughtWire 29. Via and Voxme Software Inc. 30. Vendorful 31. Smart Software 32. Procure Xperts 33. OdooTec
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Supply Chain Management Market Report Scope and Research Methodology
The main objective of this report is to identify and analyze the profiles of the leading players operating in the global Supply Chain Management market. The bottom-up approach was used to estimate the global and regional Supply Chain Management market size. The report provides historical, current, and future data on the Supply Chain Management market, based on company, segments, and regional distribution. This data was collected through exhaustive primary and secondary research.
The report also provides a detailed analysis of Supply Chain Management industry trends and developments, including market drivers, restraints, opportunities, and challenges. PESTLE, PORTER, and SWOT analyses were used by MMR to obtain accurate insights and understand the Supply Chain Management market from different perspectives.
Supply Chain Management Market Regional Insights
The regional analysis in the report provides insights into the Supply Chain Management market in different countries. The report covers the following regions:
North America: The United States, Canada, and Mexico
Europe: France, Netherlands, Switzerland, United Kingdom, Germany, Russia, Belgium, Turkey, Spain, Italy, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Australia, Indonesia, Philippines, and Rest of Asia Pacific
Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa
South America: Argentina, Brazil, and Rest of South America
The report provides a detailed analysis of the Supply Chain Management market in each region, including market size, growth drivers, and challenges. This information can be used by businesses to identify opportunities and challenges in different markets and make informed decisions about their international expansion strategies.
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Key questions answered in the Supply Chain Management Market are:
- Which segment dominated the global Supply Chain Management market?
- How the Supply Chain Management market segments are expected to develop in the global market?
- Who are the major players in the industry that are expected to dominate the global Supply Chain Management market?
- How have the most successful companies in the Supply Chain Management industry planned for future growth and expansion?
- What are the Supply Chain Management emerging trends in the Supply Chain Management market?
- What was the Supply Chain Management market size in 2022?
- Which region held the largest Supply Chain Management market share in 2022?
Key Offerings:
- Market Share and Size
- Market Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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