Supply Chain Management Market Overview
A thorough analysis of the “Supply Chain Management Market” has been provided by the research company Maximize Market Research. The research includes the competition landscape, pricing analysis, demand analysis, and critical business insights. The market is projected to increase from US $ 28.28 Bn. in 2022 to US $ 56.53 Bn. in 2029 at a CAGR of 10.4 percent from 2022 to 2029, according to the report.
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Supply Chain Management Market Scope and Methodology:
A thorough analysis of the Supply Chain Management market is included in the research. The study helps businesses uncover opportunities and create efficient market strategies by providing an in-depth analysis of market trends and highlights. The use of both primary and secondary data sources made it possible to collect both qualitative and quantitative data completely. Primary interviews with industry professionals were conducted in order to acquire insightful information, while secondary sources such press releases, white papers, and financial reports were also studied.
The key factors affecting the Supply Chain Management market are highlighted in the report, along with important obstacles and opportunities. By segmenting the market based on Component and Verticals, a bottom-up methodology was used to estimate its size. The research also identifies developing nations anticipated to grow as important markets for the Supply Chain Management market. To assess the strengths and weaknesses of the Supply Chain Management market, a SWOT analysis was conducted. Furthermore, a PESTLE analysis was employed to understand the potential impact of microeconomic factors on the Supply Chain Management market.
Supply Chain Management Market Regional Insights
The study contains an exhaustive analysis of all the variables, including market size, growth rate, and import and export in various geographic areas. The Regional Analysis gives an overview of the market conditions in each of the countries included by the research. The market for Supply Chain Management is essentially divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Supply Chain Management Market Segmentation
The cloud segment held the largest share of in 2022, based on the type of deployment. Cloud computing is growing rapidly to support not only collaborative transportation management solutions but also other areas of transportation management like event management, network capacity sourcing, full visibility, and freight payment and auditing. Cloud-based business analytics and manufacturing data can be used to reduce manufacturing cycle times, which enhances supply chain management.
by Component
Hardware
Software
Services
Component-wise, the Software category dominated in 2022 and is anticipated to hold a by 2029. Digital tools that connect resources (humans and machines) in real-time, leverage massive volumes of data from various sources, and use social media for collaboration can now be used to manage the flow of goods.
by Organization Size Type
On-premises
Cloud
by Enterprise size
SMEs
Large enterprises
The SME segment dominated the market in 2022 and is predicted to hold a by 2029, based on Enterprise size. Growing numbers of government initiatives through global digital SME campaigns are predicted to propel the expansion of small and medium-sized businesses. The market for supply chain analytics is predicted to be driven by SMEs’ use of IT to enable digital services across various business channels.
by Verticals
FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others
Real-time supply chain visibility becomes essential for the FMCG supply chain’s successful execution and unexpected cost avoidance based on verticals. Inventory management systems are also necessary for this industry since they help end users maintain control over their stock levels and schedule timely shipments. FMCG distributors run the risk of product spoilage, contamination, or damage without proper warehouse management and inventory control. This puts customers at risk and exposes their business to possible fines and infractions of tight food safety laws. FMCG companies gain real-time supply chain insight, business analytics, and reduced operating costs from SCM solutions and services.
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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Key questions answered in the Supply Chain Management Market are:
- What is Supply Chain Management?
- What was the Supply Chain Management market size in 2022?
- What is the growth rate of the Supply Chain Management Market?
- Which are the factors expected to drive the Supply Chain Management market growth?
- What are the different segments of the Supply Chain Management Market?
- What growth strategies are the players considering to increase their presence in Supply Chain Management?
- What are the upcoming industry applications and trends for the Supply Chain Management Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Supply Chain Management Market?
- What major challenges could the Supply Chain Management Market face in the future?
- What segments are covered in the Supply Chain Management Market?
- Who are the leading companies and what are their portfolios in Supply Chain Management Market?
- What segments are covered in the Supply Chain Management Market?
- Who are the key players in the Supply Chain Management market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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