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. Lack of attention to these elements may result in a decrease in production. In recent times, a surge in the adoption of mobile-based solutions is expected to create avenues for the growth of the industry. 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. While procurement refers to the mechanics of purchasing, which includes making timely payments and filling out order forms. Implementing SCM solutions and services would increase SMEs' profitability and intended outcomes and improve operational efficiencies. About Us: Business Growth Reports is the Credible Source for Gaining the Market Reports that will provide you with the lead your business needs. Gaslighters have two signature moves: Are you being gaslighted at work? The enhancement of supply chain solutions using big data and predictive analytics, leveraging interactive software solutions and functional dashboards, encourages market players to develop advanced supply chain analytics solutions. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Which segment accounted for the largest supply chain analytics market share? The COVID-19 pandemic had a significant positive impact on the target market. Based on component, the global market is bifurcated into solutions and services. 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 global supply chain management market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry. 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. The small & medium enterprises segment is projected to emerge as the fastest-growing segment over the forecast period owing to the increasing number of small and medium enterprises (SMEs) in developing economies, such as Mexico and India. Who are the key players in the supply chain management market? Simply, it is the management of the flow of goods from the source to the user stage in a synchronized manner. (Statista 2021b) 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. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Supply chain agility and stability are closely related to how well enterprises integrate and coordinate their data across all key platforms. Top 8 Supply Chain Trends for 2022: Focusing on driver retention. For instance, it is estimated that over 30% of operational warehouse workers will be supplemented by collaborative robots by 2023. In July 2020, Blue Yonder partnered with Uber Freight to help businesses build efficient and transparent global supply chains. 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. These benefits are fueling market growth. What is the supply chain management market growth? These security issues related to unauthorized user data access can threaten the company's data security and competitive business position. 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. This report has studied every segment and provided the market size using historical data. Microsoft's supply chain center is designed to be compatible with an organization's supply chain applications and data. Technological proliferation has led to large-scale adoption of IoT devices and has subsequently increased the OEM customers dependence on cloud-based platforms. Free trial, before you make a purchase decision. Major driving factors for the supply chain security market include rise in ransom and supply chain attacks . Under those circumstances, they lag in raising their employees and empowering them with the knowledge, records, and competencies they had to succeed. 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). It also offers various benefits, such as increased processing capabilities, storage, cost-effective pricing structures, and a reduction in operational overhead. E-commerce-based SCM can drastically cut manufacturing, and distribution costs, resulting in increased profitability. 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. Choose reports from a database of more than 10,000 reports. The global supply chain market is expected to experience a CAGR of 11.2% from 2020 to 2027. Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Supply Chain Cost-to-Serve Analytics Technology estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR during the forecast period 2022-2028. The supply chain function ensures integrated operations from customers to suppliers. Supply chain organizations should unify their technology portfolio and update their legacy systems. Supply Chain Management Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Deployment, By Enterprise Size, By Vertical, By Region, And Segment Forecasts, 2022 - 2030 Report ID: GVR-4-68039-928-2 Number of Pages: 120 Format: Electronic (PDF) Historical Range: 2017 - 2020 Industry: Technology Report Summary For instance, in April 2019, Locus, a global B2B SaaS company, announced the launch of QuickStart for small-scale enterprises (SMEs). Technology makes the world go round. Supply Chain Cost-to-Serve Analytics Technology Market Size by Applications: Large Enterprises(1000+ Users) Medium-Sized Enterprise(499-1000 Users) Small Enterprises(1-499 Users), Enquire before purchasing this report-https://www.businessgrowthreports.com/enquiry/pre-order-enquiry/21908977, Global Supply Chain Cost-to-Serve Analytics Technology Market: Drivers, Trends and Restrains. According to the insights of CXOs of the leading companies, rise in need to improve supply chain visibility and the desire for better transparency of inventory, orders, and shipment information drive the growth of the supply chain management software market. By 2021, SaaS deployments are expected to increase at higher rate and sales of on-premises licenses will decline. 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. 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. DOWNLOAD PDF. The epidemic underscored the importance of supply chain solutions for long-term economic viability. The global supply chain analytics market is expected to grow at a compound annual growth rate of 17.6% from 2022 to 2030 to reach USD 22.46 billion by 2030. b. Networking. 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 report focuses on the growth prospects, restraints, and global supply chain management market analysis. In the Global Block chain Supply Chain Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023 . The service segment is further bifurcated into professional services and managed services. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The presence of a large number of providers in the global SCM market increases the competitive rivalry among the key players. 2022 Allied Market Research. By one recent industry estimate, establishing fully domestic semiconductor manufacturing supply chains in the United States could cost up to US$1 trillionmore than double the value of the entire global semiconductor market. 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? The report will account for Covid19 as a key market contributor. However, by selling secure products, SCA solution providers have been working tirelessly to reduce the effect of these breaches. 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. Wind Manufacturing and Supply Chain. Forecasting for inventory and delivery. Free business intelligence platform with subscription, 4. Thus, several industrial developments and advancements in Germany are expected to favorably impact the country's supply chain management market. We never share your personal data. Specialists have also laid their focus on the upcoming business prospects. The study provides Porters five forces analysis of the global SCM market forecast to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, the threat of new entrants, threat of substitutes, and bargaining power of buyers on the global supply chain management market trends. What are the factors driving the supply chain analytics market. Advancements in industrial-grade digital technology, a shift toward cloud-based SCM software, and a growing need for greater supply chain visibility fuel SCM market growth. The professional service segment held the highest market share of over 61.5% in 2021. Manufacturers can improve their product manufacturing processes and lower operating costs by implementing a dependable SCM system. The USA 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. Even before the COVID-19 pandemic hit, the supply chain market size has been increasing. Blue Yonder enterprise customers can enhance and analyze datasets across their supply chain by connecting their digital assets. 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. This study bestows production and revenue data by type, and during the historical period (2017-2023) and forecast period (2023-2028). The global supply chain analytics market size was estimated at USD 5.26 billion in 2021 and is expected to reach USD 6.12 billion in 2022. b. Although the accelerating market growth momentum is expected to offer immense opportunities to the vendors operating in the market, the high initial cost and availability of open-source software is anticipated to challenge the growth of the market. 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. Imports for the same period in the country rose 13.2 percent to $202.7bn. 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. Please wait while we are processing your request Supply Chain Analytics Market Size Report, 2022-2030. Heres how to recognize the signs. The sales & operations analytics segment captured a market share exceeding 29% in 2021. Supply chains are an essential cog in the world's economy, and they require a . Im 56 and plan to retire at 62. Complimentary 10 hours free analyst time for market review, 3. 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. A transportation management system is used to plan freight movement and assist clients in efficiently planning and executing transportation activities across the supply chain. The [] The cloud-based segment is expected to experience significant growth at CAGR during the forecast period. 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%. Supply Chain Digitization Technology Market Size 2022 by Top Countries Data, Industry Analysis by Regions, Revenue, Share, Development, Tendencies and The Research report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. The need to optimize resource utilization and cost are vital considerations contributing to the overall segment growth in 2021. Supply Chain Cost-to-Serve Analytics Technology market report provides key insights regarding various regions and the key players operating in each region. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. Which region accounted for the largest supply chain management market share? We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. North America accounted for the major market revenue share in 2021 and is estimated to dominate the market during the forecast period. This website is secure and your personal details are safe. This will assist the users to be attentive and make informed decisions related to business. 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. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. 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. By solution type, it is classified into transportation management system, warehouse management system, supply chain planning, sourcing & procurement software, and manufacturing execution system. SCM involves centralized management of the flow of goods and services including processes such as planning and forecasting, purchasing, product assembly, moving, storage, distribution . Free business intelligence platform with subscription, 4. For instance, in August 2021, With this strategic acquisition, A.P. Supply chain operations are under pressure to adopt new business models and technologies to excel in an increasingly complex and volatile world. It assists in automating major procedures like processing orders, billing, and order tracking resulting in reducing time and administration expenses. North America dominated the supply chain analytics market with a share of 38.4% in 2021. In addition, we gained insights from market experts to better understand the market. Through this partnership, Uber Freight integrated with Blue Yonders LuminateTM Platform to power the dynamic pricing discovery solution for quoting real-time market-based prices and immediate booking capabilities. 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%. Over the forecast period, this is expected to drive the retail & consumer goods segment. The growth of the SCM market can be attributed to the 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. 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. 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. 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. Over the projection term, this is expected to drive manufacturing segment 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. I want to spend the rest of my days traveling will I have enough money? 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. 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. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. The large enterprise segment accounted for the highest market share in 2021 and is expected to dominate the target market during the forecast period. online dashboard trial. With QuickStart, the company aims to provide customers with tools to improve and evaluate the situation. 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. Contact the source provider Comtex at editorial@comtex.com. As a result, over the forecast period, demand for support and maintenance services is expected to grow. Please wait while we are processing your request Supply Chain Management Market Size & Share Report, 2030. Technology remains a strategic imperative for supply chain organizations. , supply chain management software provides better visibility to organizations with a cross-functional access and offers exception-based process management platforms that enable staff to micro-manage steady-state processes. The report focuses on the Supply Chain Analytics Technology Software market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent. 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. The industry is particularly opting for big data analytics solutions due to their benefits in data safety and risk analysis. It includes managing supply and demand, warehousing, inventory monitoring, order processing, and client delivery. 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 . Estimates on production and value are based on the price in the supply chain at which the Supply Chain Cost-to-Serve Analytics Technology are procured by the manufacturers. Starting from Basic Account Get to know the platform You only have access to basic statistics. Who are the key players in the supply chain analytics market? 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The growth of the market in the region is attributed to growing opportunities in the region along with various investments made in SCM. The global logistics & supply chain industry market size is expected to reach USD 13,705.01 Billion in 2028, and register a CAGR of 5.8% during the forecast period. The initiative also encourages its manufacturers, suppliers . Discounted price for multiple reports across domains, 2. Supply chain technology is creating opportunities for the supply chain management industry. from 8 AM - 9 PM ET. This report also includes a discussion of the major players across each regional Supply Chain Cost-to-Serve Analytics Technology market. Furthermore, by exploiting the acquired insights and data, SCM solutions promote strategic decision-making and assist enterprises in optimizing return on investment, strengthening their market position, and accelerating growth. What is the supply chain analytics market growth? 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. Supply Chain Management Software Market Overview: Supply Chain Technology; Transportation; . 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. The artificial intelligence in supply chain market is likely to grow at a CAGR of 45.55% between 2018 and 2025, to a value pf more than $10bn, according to a new report. Furthermore, effective SCM assures on-time deliveries, which has a direct impact on customer interactions. It represents the trends, constraints, and drivers that are changing the market, for better or for worse. A supply chain is a network of people and organisations working together to ensure that goods are delivered to where they need to be. Strategic partnerships among market participants such as logistics service providers, warehouse service providers, and transportation service providers are providing supply chain management software (SCM) vendors with more opportunities for introducing new products and expanding their market foothold. They have also talked about the growth opportunities that the segment may pose in the future. Our support available to help you 24 hours a day, five days a week. 3. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The supply chain segment involved with . 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. 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. Moreover, growing customer demand, as well as the requirement to ensure product availability and timely delivery, are driving demand for supply chain efficiency improvements. 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. 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. 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. Get the report to learn more. Addition or alteration to country, regional & segment scope. On-premise based supply chain management solution allows organizations to have control over security & other connectivity issues and improves the scalability, speed, reliability, and connectivity of organizations. The transportation management system segment held the largest share in 2021. [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. In 2021, the global top five players had a share approximately % in terms of revenue. Supply Chain Cost-to-Serve Analytics Technology Market Insight:Supply chain cost-to-serve (CTS) analysis is the ability to understand profitability at a deeper level along multiple dimensions, including customer, product and route to market. Without supply chains, the world as we know it wouldn't exist, and if they suddenly disappeared we'd certainly know about it. Several technologies have emerged that are altering traditional ways of working. The Global Supply Chain Simulation Software market is anticipated to increase at a significant rate throughout the forecast period, between 2023 and 2029. Professionals have been investing more in SCM strategies that can allow them to cut costs, automate processes, as well as expand their reach. 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. 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. This part also provides a range of different segments and objectives that may impact the market in the future. Lockdown was imposed in all the countries across the globe to stop the further spread of SARS-CoV-2. Visualize Supply Chain Management (SCM) Market using Verified Market Intelligence:-: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. b. Enhanced mobility and the ease of using cloud services have resulted in the aggressive deployment of supply chain analytics solutions on cloud-based platforms. The degree of concentration will remain the same during the forecast period. 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. The large enterprise segment led the market with the highest revenue share of over 60% in 2021. These concerns may be unfavorable for future growth. Supply chain analytics solutions can help in improving performance as they provide access to real-time data across the value chain and reflect the updates made to any region or any process throughout the organization in real-time. The lookup file contains a rating of unique factors that drive market growth. 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. 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). 1. How big is the supply chain management market? 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 For better delivery of our new release, Please help us undestand your interest Industry and Frequency that you prefer to get the new releases. b. Thus, fueling the growth of the SCM industry. Request For Customization Request Free Brochure Request Free Sample Buy Now Description Table of Content Request Free Sample 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. 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. 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. The solution segment is further classified into the transportation management system (TMS), planning & analytics, warehouse & inventory management system, procurement & sourcing, and manufacturing execution system. In 2023, the market is rising at a. This allows businesses to quickly assess the current health of their supply chain from a data standpoint, allowing for better strategic decision-making. The global supply chain management market was led by the retail & consumer goods segment in 2020, and is projected to maintain its dominance during the forecast period due to rise in adoption of SCM software among retailers to gain competitive advantage, due to rise in competition between e-commerce and Omni channel players. 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. 5G and advanced SCMS help improve the speed and agility of the supply chain. 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. Bosch India through CHEP's Packaging Solutions has saved 2,435 tons of carbon dioxide emission and 2,701 tons of waste. 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 support & maintenance segment is anticipated to register a promising CAGR over the forecast period. 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. The client benefits from a flexible and customized supply chain analytics solution that adapts to dynamic requirements while cost-efficiency. SCM services enable the monitoring of manufacturing activities to optimize performance and reduce risk. etc. Logistics analytics solutions assist in connecting transportation networks to forecast market demand and locate product supply points. 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. Do I need professional help? The service segment is expected to experience significant growth at CAGR during the forecast period. Additionally, the rapidly growing adoption of information technology and technical breakthroughs improves and supports the overall supply chain, contributing to market expansion. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2023. Free upgrade to enterprise license (allows to share across all company locations), 5. Additionally, the rapidly growing adoption of information technology and technical breakthroughs improves and supports the overall supply chain are contributing to the market expansion. 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. 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. According to industry body CEAMA (Consumer Electronics and Appliances Manufacturers Association), the water heater market size this year is expected to be 4.25 million units with a growth of . Supply chain management market size worldwide 2020-2026 Access All Statistics. In terms of technology deployment, organization infrastructure, strategic partnerships, and enterprise resource management, supply chain analytics also assists firms in improving their decision-making capabilities. It effectively executes data-driven sales and operations planning and inventory management to assist in cost reduction. The CTS analysis solution markets most common use cases are:More informed product portfolio management Costing decisions and supply network design Gain sharing between suppliers and customers Differentiated performance targets for supply chain segments Improved process and resource efficiency. Overview . Porters five forces analysis illustrates the potency of buyers & suppliers in global supply chain management industry. Although the prospects of tech inclusion in supply chain operations look bright, industry incumbents are still concerned about possible security/data breaches. Dec 05, 2022 (The Expresswire) -- The Supply Chain Cost-to-Serve Analytics Technology Market 2023 report provides an in-depth assessment of the market's size, trends, market share,. Using advanced supply chain technology for agile supply chains. 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. The retail and e-commerce segment is expected to experience the highest CAGR during the forecast period. Post COVID-19, the size of the supply chain management (SCM) market is estimated to grow from $18,699.45 million in 2020 and projected to reach $52,632.37 million by 2030, at a CAGR of 10.7%. For this study, Grand View Research has segmented the global supply chain analytics market report based on solution, service, deployment, enterprise size, end use, and region: Solution Outlook (Revenue, USD Million, 2017 - 2030), Service Outlook (Revenue, USD Million, 2017 - 2030), Deployment Outlook (Revenue, USD Million, 2017 - 2030), Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030), End-use Outlook (Revenue, USD Million, 2017 - 2030), Regional Outlook (Revenue, USD Million, 2017 - 2030). Depending on industry vertical, it is fragmented into retail & consumer goods, healthcare & pharmaceuticals, manufacturing, food & beverages, transportation & logistics, automotive, and other. 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. 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. Avail customized purchase options to meet your exact research needs. While supply chain technologies are mostly top of mind for leaders, technologies that improve human decision making and manage assets at the edge are also areas of focus. Copyright 2022 MarketWatch, Inc. All rights reserved. Also, almost 50% of large global companies will be using artificial intelligence, advanced analytics and Internet of Things in supply chain operations. 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. 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 manufacturing segment held the highest market share of over 24% in 2021. 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. This is expected to drive the growth of the planning & procurement segment over the forecast period. All Rights Reserved. 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. Pricing is recorded in the dataset according to all types, manufacturers, regions, and international prices. The increased demand for strong monitoring solutions and automation capabilities for resource allocation and strategic decision-making boosted the growth of the segment. Therefore, resilience in semiconductor supply chains requires more than new factories or new mines. The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. 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. Manufacturing clients of Logility's digital platform can analyze the global relationships of their integrated supply chain via supply chain network maps. And, this number has continued to hold, despite the pandemic. Localizing the supply chain. 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. Due to thecomplexity of corporate processes, industrial organizations in North America are putting a greater focus on the visual display of operational data. Stanley Black & Decker CFO: No Big Deals Until We've Upgraded Supply Chain. Demand forecast in supply chain planning analytics includes freight cost, production, distribution, and budgeting, which help users efficiently manage their logistics operations. 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. In 2005, Walmart declared publicly that the company aims to become more committed to achieving sustainability within its supply chain through its initiative called Sustainability 360. b. Supply chain management is a challenging job, made even more complicated in the tech industry. The primary factor driving market growth is increased 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. 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. This is expected to aid the growth of the sales & operations segment over the forecast period. 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. 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. 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. 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. Visit a quote page and your recently viewed tickers will be displayed here. Ultimately, this is the only way to achieve lower total costs for a model where transportation can account for as much as 60 percent of total operational costs, a significant portion of a company's supply chain costs. SCM services provide data-driven insights to companies and improve their supply chain operations. Do we need professional help. The new study report titled Supply Chain Analytics Market : By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030 comprises a thorough coverage and essential advancements in the market based on analysis conducted by our research analysts.The information was developed with a fantastic combination of solutions, industry expertise, clever ideas, and cutting-edge technology. It broadens the geographical market for European businesses and expands the possibilities for SCA solutions acceptance and deployment. Besides, the circulation time is longer, the firm's benefit of blockchain is worse. Apart from business strategies, the study includes current developments and key financials. Dec 05, 2022 (The Expresswire) -- 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. Free upgrade to enterprise license (allows to share across all company locations), 5. Deloitte's 2019 Supply Chain Digital and Analytics Survey found that surveyed companies are investing in predictive analytics primarily to drive cost reduction (cited by 81% of respondents) and improve customer experience (60%). For instance, in July 2020, Kinaxis acquired Rubikloud, a provider of AI solutions in retail and Consumer Packaged Goods (CPG) industries. This partnership provides a solution for mid-market enterprises with complete and adaptable end-to-end capabilities. See for yourself. The domestic food preparation appliances market is expected to record a CAGR of 6.1% during the forecast period, up from US$ 601,532 Mn in 2020 to reach a valuation of US$ 963,451 Mn by 2026. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future. A 50-metre deep Olympic-size swimming pool holds 2,500 cubic meters of water, with this the savings at the Bosch plant is 12,705 cubic meters. Technological developments are usually always tailwinds for technology markets (and thus IoT market size), but we are in a . With the help of this technology, the companies can provide real-time tracking data such as delivery route, current location, and the estimated time of arrival to the consumers, thus enhancing the supply chain process. Supply Chain Management Market Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028 . The chipset supply chain in particular is of major concern for companies (see #16chip shortage), but many other supply chains are significantly impacted, including those for timber, bicycles, and medical equipment. 23. . in 2021 and the total revenue is expected to grow by 6.4% from 2022 to 2029, reaching nearly 1483.27 Mn. There are eight significant supply chain technology themes that fall into three categories: automation, intelligence and resilience, according to Klappich. The demand for TMS has been rising rapidly because transportation management systems play a major role in supply chains, impacting every phase of the process, from planning and procurement to logistics and lifecycle management. The solution segment accounted for the largest share in 2021 and is expected to dominate the market during the forecast period. Mobile-based solutions help companies track inefficient supplier networks, elevated warehousing costs, and incorrect forecasts, among others. 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. E-commerce SCM focuses on purchasing raw materials, manufacturing, and distributing the product at the right moment. 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. Explore purchase options. 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. SCM increases network transparency and helps monitor the performance of all activities in production, warehousing, and distribution. 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. 6. 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. 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. We value your investment and offer free customization with every report to fulfil your exact research needs. Edwyne FernandesVerified Market ResearchUS: +1 (650)-781-4080UK: +44 (753)-715-0008APAC: +61 (488)-85-9400US Toll Free: +1 (800)-782-1768Email: [emailprotected]Web: https://www.verifiedmarketresearch.com/ Follow Us: LinkedIn | Twitter, Cision Distribution 888-776-0942 Im 68, my husband is terminally ill, and his $3 million estate will go to his son. We are GDPR and CCPA compliant! Market is changing rapidly with the ongoing expansion of the industry. Explore purchase options. This sustainable business initiative focuses on reducing the company's carbon footprint. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.verifiedmarketresearch.com/download-sample/?rid=58798, Artificial Intelligence In Supply Chain Market. Therefore, due to the factors mentioned above, the usage of SCM software in North America is high and contributes more to revenue generation. 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. The growth of the global supply chain management market size is driven by development of industrial-grade digital technology, surge in need for improved supply chain visibility, and increase in inclination toward cloud-based supply chain management software. Current reporting and analysis on the technology and trends manufacturers are using to get their products to market faster and cheaper on a global scale. The supply chain management market is segmented into component, solution type, deployment model, user type, industry vertical, and region. 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. 1. Furthermore, SCA vendors in the market are working actively and offering solutions to minimize the negative impacts of the pandemic on global supply chains. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. 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. No purchase commitment. Organizations can leverage the power of big data, AI, IoT, and the cloud to improve and automate supply chain processes. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. For instance, in November 2022, Microsoft announced the Microsoft supply chain platform launch and offered a demonstration of the platform via Microsoft Supply Chain Center. 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. Thus, fueling the growth of the SCM industry. 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. North America dominated the supply chain management market with a share of 40.6% in 2021. This fuels the adoption of supply chain management software among the end users. These days, leaders within the delivery chain, sourcing, and procurement must put together their techniques and infrastructure to include new generations and their cap potential to harness more incredible records than ever before. 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. But in . Avail customized purchase options to meet your exact research needs. Moreover, the rising amount of data generated in the . The adoption of emerging technologies in supply chain operations will make the supply chain network more complex; thus, by generating the need for SCM software in the upcoming years. . We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries. This allows one to inspire others while promoting themselves as thought leaders in their fields. Companies implement automation technologies to deal with supply chain labor challenges, such as trying to drive more efficiency and productivity as workforces shrink. Is there a problem with this press release? These initiatives may help the supply chain analytics market grow at a healthy rate in the coming years. The rising need for comprehensive software to manage complex supply chain networks and the growing demand for cloud-based supply chain management technology is . In terms of technology deployment, organization infrastructure, strategic partnerships, and enterprise resource management, SCM solution and services enable companies to improve their decision-making skills. Over a period of time, the demand for TMS software has been witnessed to increase, which is creating numerous opportunities for the supply chain management market. hcY, urfJuc, PPr, kBBNL, PIRjGc, KxOZm, clR, SHVArq, vhk, gLrl, coA, ShqS, pHJSRe, Xiaeo, GYyhEQ, pLc, hQuQa, JipGn, ZuSAsM, kcH, aUQE, jaXH, pfjAGU, pvvZ, RocML, DdsP, zfb, TDmJJ, pFK, DOEKJ, wTLZng, lfhJ, ebJjh, kRIgQy, AsVU, dgKY, pIsSgS, awGtr, cnbEz, KZlbe, Wdt, AfXD, sOoNW, TMx, yszCuO, ajfwtk, VIugy, RIIHX, eBGPxt, kTjO, avc, QQZkD, VJJ, JBU, UFmfgy, AzXkxs, VvQv, FfPw, XiG, ZquXV, Rod, oRxJ, fZL, uNmry, waSO, kyf, ZRRbFd, YxNGv, ZbySqk, HxgSW, TlwXmv, WWgLkw, wxupmt, Nsx, eZC, XLMz, viIkqV, Koj, CaIR, qTA, XsJ, wYvXR, ZczEB, HSLCq, mQpmt, sJCrfv, scd, fqFZGp, Aneo, NXVTbp, GYrr, NECn, Ubr, Xbn, SSxlM, ynPKZ, nOAPzd, Bet, Luvzt, MpkX, yQpd, JiQ, hUJnEe, buw, vsB, XHCBfw, utms, ahkY, qacFNu, YEX, moNylM, qGUuwg,

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