The U.S. Department of Energy (DOE) works with wind energy technology suppliers to promote advanced manufacturing capabilities. 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. The Supply Chain Planning Market Continues to Grow by Double Digits The COVID-19 outbreak had a positive impact on the target market. in 2021 and the total revenue is expected to grow by 6.4% from 2022 to 2029, reaching nearly 1483.27 Mn. Some key players operating in the supply chain management market include SAP SE; Oracle; JDA; Infor; Manhattan Associates, Inc.; Coupa Software; IBM; Logility, Inc.; Korber AG; Epicor Software Corporation. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. 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. Ill have both a state retirement plan and Social Security but I also have a child starting college, which I want to pay for. The increase might be ascribed to a growing awareness of the benefits of analytics solutions among businesses. Supply Chain Digitization Technology Market Size 2022 by Top Countries Data, Industry Analysis by Regions, Revenue, Share, Development, Tendencies and It broadens the geographical market for European businesses and expands the possibilities for SCA solutions acceptance and deployment. In February 2019, Blue Yonder partnered with Microsoft to deploy its SCM software on Microsoft Azure Cloud. Furthermore, effective SCM assures on-time deliveries, which has a direct impact on customer interactions. Supply Chain Management Market Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028 . The services offer real-time predictive production cost assessment services to identify process inefficiencies and opportunities. 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. How Big is Supply Chain Analytics Market? 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. Copyright 2022 Grand View Research, Inc. All rights reserved. Choose reports from a database of more than 10,000 reports. Cloud-based deployment is also being preferred due to the vast advances in technology. Supply Chain Management Market Report Highlights. 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. The need to optimize resource utilization and cost are vital considerations contributing to the overall segment growth in 2021. Copyright 2022 Grand View Research, Inc. All rights reserved. Based on component, the global market is bifurcated into solutions and services. Stanley Black & Decker CFO: No Big Deals Until We've Upgraded Supply Chain. b. . Major driving factors for the supply chain security market include rise in ransom and supply chain attacks . This is expected to drive the growth of the planning & procurement segment over the forecast period. SCM involves centralized management of the flow of goods and services including processes such as planning and forecasting, purchasing, product assembly, moving, storage, distribution . Who are the key players in the supply chain management market? How we got to the highest inflation in 40 years. 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. Please fill out the form below for a free PDF report sample & Global Supply Chain Visibility Software Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns . Which region accounted for the largest supply chain management market share? Privacy Policy. For instance, in June 2020, Infosys Limited launched a personalized medicine solution for the pharmaceutical industry. 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 Technology remains a strategic imperative for supply chain organizations. The emerging trend in the supply chain management software market is the increasing usage of blockchain technology. Demand forecast in supply chain planning analytics includes freight cost, production, distribution, and budgeting, which help users efficiently manage their logistics operations. 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. The epidemic underscored the importance of supply chain solutions for long-term economic viability. Supply Chain Tech Statistics. 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). SCM solutions provide benefits such as higher visibility, increased efficiency, analytics, lower costs, greater agility, and increased compliance over the complex supply chain. 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 offers flexibility, scalability, and cost savings in supply chain operations. etc. 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. Please wait while we are processing your request Supply Chain Analytics Market Size Report, 2022-2030. Blue Yonder offered enhanced flexibility and security to commercial customers. The report presents information related to key drivers, restraints, and global supply chain management industry opportunity. Complimentary 10 hours free analyst time for market review, 3. 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. The presence of a large number of providers in the global SCM market increases the competitive rivalry among the key players. Lockdown was imposed in all the countries across the globe to stop the further spread of SARS-CoV-2. To broaden their product offering, industry companies utilize a variety of inorganic growth tactics, such as partnerships, regular mergers, and acquisitions. Contact UsMr. 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. See for yourself. The major role of procurement & sourcing is to obtain supplies at the lowest possible price. 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. Sourcing mainly focuses on lowering prices, improving quality, and achieving efficiencies on a regional as well as global level. Over the forecast period, the Asia Pacific regional market is expected to increase significantly. The digital revolution is changing the landscape of the transportation business, due to which number of transportation management system vendors and third-party providers are adopting digitized systems for supply chain management and transportation activities, which is positively impacting the growth of the SCM industry. 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. 5G and advanced SCMS help improve the speed and agility of the supply chain. 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 report focuses on the growth prospects, restraints, and global supply chain management market analysis. 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%). 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. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. Without supply chains, the world as we know it wouldn't exist, and if they suddenly disappeared we'd certainly know about it. Do we need professional help. 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 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 Supply Chain Cost-to-Serve Analytics Technology Market Report includes a comprehensive assessment of business factors such as the size of the global Supply Chain Cost-to-Serve Analytics Technology industry, modern technological advancements, and future innovations. For instance, in April 2019, Locus, a global B2B SaaS company, announced the launch of QuickStart for small-scale enterprises (SMEs). Thus, several industrial developments and advancements in Germany are expected to favorably impact the country's supply chain management market. 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. As a result, over the forecast period, demand for support and maintenance services is expected to grow. Industry 4.0 creates a disruption and requires companies to rethink the way they design their supply chain. 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. For instance, in July 2020, Kinaxis acquired Rubikloud, a provider of AI solutions in retail and Consumer Packaged Goods (CPG) industries. This website is secure and your personal details are safe. Free upgrade to enterprise license (allows to share across all company locations), 5. The supply chain management market is concentrated with major players adopting 50%-60% of the market share. 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. Supply chain group's battle to preserve tempo with technological advances and adjustments that the virtual age brings to industries and markets. Mobile-based solutions help companies track inefficient supplier networks, elevated warehousing costs, and incorrect forecasts, among others. Technological proliferation has led to large-scale adoption of IoT devices and has subsequently increased the OEM customers dependence on cloud-based platforms. 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. The report also focuses on the competitive landscape of the global Supply Chain Cost-to-Serve Analytics Technology market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. Complimentary 10 hours free analyst time for market review, 3. The solution segment accounted for the largest share in 2021 and is expected to dominate the market during the forecast period. The market is expected. This allows businesses to quickly assess the current health of their supply chain from a data standpoint, allowing for better strategic decision-making. Professionals have been investing more in SCM strategies that can allow them to cut costs, automate processes, as well as expand their reach. online dashboard trial. 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. A company may assume that a supplier's component built in Wuhan China moves through the port of Shenzhen and takes 22 days on average to reach the port of Long Beach in California. By integrating Machine Learning (ML) and Artificial Intelligence (AI) technology into the companys SCM platform, Blue Yonder focused on developing cutting-edge applications for customers and partners on the SCM platform. The partnership envisages Infosys Limited helping GEFCO adopt new supply chain capabilities to extract and process information in real-time, obtain meaningful insights with very low latency, and respond intelligently and effectively across the value chain. Technology is known for pushing innovation and producing faster speeds with each new launch, and the supply chain is no different. How big is the supply chain management market? 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 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. Get the report to learn more. Manufacturers can improve their product manufacturing processes and lower operating costs by implementing a dependable SCM system. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. Moller - Maersk's integrated logistics service gained a new level of e-commerce experience. The rising need for comprehensive software to manage complex supply chain networks and the growing demand for cloud-based supply chain management technology is . 23. The supply chain segment involved with . Additionally, the rapidly growing adoption of information technology and technical breakthroughs improves and supports the overall supply chain are contributing to the market expansion. DOWNLOAD PDF. The transportation management system segment held the largest share in 2021. This is expected to drive the growth of the logistics analytics segment over the forecast period. The global key companies of Supply Chain Cost-to-Serve Analytics Technology include LLamasoft, Oracle, JDA Software, Facton, Jonova and Profit Velocity Solutions, etc. 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. The global supply chain risk management market is expected to witness significant growth during the forecast period (2018-2026). CB Insights identified 95+ supply chain sustainability companies addressing 13 technology priorities, from supplier mapping & vetting to reverse logistics, that retailers face. Market Report Description. You can also contact MarketWatch Customer Service via our Customer Center. 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%. 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. The Supply Chain Cost-to-Serve Analytics Technology Market 2023 report provides an in-depth assessment of the market's size, trends, market share, and dynamics. 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. As per this Nikkei Asia article, exports from the country grew 9.9 percent to $239.7bn in September 2020. 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. 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. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Your transaction & personal information is safe and secure. This report covers market size and forecasts of LED Supply Chain, including the following market information: Global LED Supply Chain Market Size, 2019-2021, and 2020 (quarterly data), (US . Networking. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Microsoft's supply chain center is designed to be compatible with an organization's supply chain applications and data. 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. b. The global supply chain analytics market size was valued at USD 5.26 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.6% from 2022 to 2030. 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. 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. IC : Software and Services| Pages: 382 | Author(s) : Vikas G, Single User License, Five User License & Enterprise User License. Request For Customization Request Free Brochure Request Free Sample Buy Now Description Table of Content Request Free Sample That means a market value increase from $15.85 billion in 2019 to $37.41billion in 2027. This part also provides an assessment of the global market and the size of each type of production. Wind Manufacturing and Supply Chain. Furthermore, ongoing modernization of supply chain network in number of organizations offer lucrative opportunities for the market. 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. 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. 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. (Statista 2021a) 58.6% of retail supply chain executives wanted to invest more in omnichannel fulfillment, s a result of supply chain disruption. 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. There are eight significant supply chain technology themes that fall into three categories: automation, intelligence and resilience, according to Klappich. Supply chain operations are under pressure to adopt new business models and technologies to excel in an increasingly complex and volatile world. We value your investment and offer free customization with every report to fulfil your exact research needs. b. Furthermore, SCA vendors in the market are working actively and offering solutions to minimize the negative impacts of the pandemic on global supply chains. The presence of a huge number of adopters for such software in the region along with the fact that the region is technologically advanced are contributing to the market growth. It is one of the most effective forms of marketing. By deployment model, the market is divided into on-premise and cloud based. 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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. By component, the market is bifurcated into solution and services. In addition, it allows management to work strategically with the company's distribution network, which is again driving the market expansion. 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 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. Supply Chain Management Software Market size was valued at USD 23.2 Billion in 2020 and is projected to reach USD 51.19 Billion by 2028, growing at a CAGR of 10.4% from 2021 to 2028. 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 acquisition is expected to help the former company enhance its offerings for CPG customers. 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. Visualize Supply Chain Management (SCM) Market using Verified Market Intelligence:-: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. 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. The initiative also encourages its manufacturers, suppliers . VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. The supply chain management market is segmented into component, solution type, deployment model, user type, industry vertical, and region. There is an increase in the demand for hybrid supply chain environments with coexisting cloud and on-premises applications with information hubs and supplier networks dominating the move to cloud. North America dominated the supply chain management market with a share of 40.6% in 2021. Explore purchase options. Im 68, my husband is terminally ill, and his $3 million estate will go to his son. What is the supply chain analytics market growth? About Us: Business Growth Reports is the Credible Source for Gaining the Market Reports that will provide you with the lead your business needs. A transportation management system is used to plan freight movement and assist clients in efficiently planning and executing transportation activities across the supply chain. Depending on industry vertical, it is fragmented into retail & consumer goods, healthcare & pharmaceuticals, manufacturing, food & beverages, transportation & logistics, automotive, and other. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. 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. Move to last mile delivery solutions. Supply Chain Technology; Transportation; . Because of the importance of transportation, warehouse managers should examine transportation within their supply chains. 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 . 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. Over the forecast period, this is expected to drive the retail & consumer goods segment. [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. Moreover, the rising amount of data generated in the . b. 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. Do I need professional help? Imports for the same period in the country rose 13.2 percent to $202.7bn. 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 global supply chain management market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry. Overview . How big is the supply chain analytics market? 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. Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behaviour, supply chain management. The on-premises segment accounted for the largest market share in 2021. Accurate statistics are entirely based on modern developments and ancient milestones. 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. 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. 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. Technological developments are usually always tailwinds for technology markets (and thus IoT market size), but we are in a . 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 study is available in multiple editions including worldwide,all regions, and most major countries. 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. The MarketWatch News Department was not involved in the creation of this content. Increased demand for professional services for the analysis and preservation of important data and professional assistance on emerging technologies. 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. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2023. Manufacturing clients of Logility's digital platform can analyze the global relationships of their integrated supply chain via supply chain network maps. This Supply Chain Planning (SCP) market research study delivers current market analysis plus a five year market and technology forecast. 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%. Supply chain security focuses on the risk management of external suppliers, vendors, logistics, and transportation. The solution segment is further classified into the transportation management system (TMS), planning & analytics, warehouse & inventory management system, procurement & sourcing, and manufacturing execution system. 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 This is expected to aid the growth of the sales & operations segment over the forecast period. Im 56 and plan to retire at 62. A lack of IT infrastructure in developing countries and a rise in security and privacy concerns hampers the growth of the global market. This allows one to inspire others while promoting themselves as thought leaders in their fields. This will assist the users to be attentive and make informed decisions related to business. The Global Supply Chain Simulation Software market is anticipated to increase at a significant rate throughout the forecast period, between 2023 and 2029. Logistics analytics solutions assist in connecting transportation networks to forecast market demand and locate product supply points. 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. In 2021, the global top five players had a share approximately % in terms of revenue. This enables them to make smarter, more effective AI and ML-based decisions. Is there a problem with this press release? Even before the COVID-19 pandemic hit, the supply chain market size has been increasing. This statistic. The degree of concentration will remain the same during the forecast period. 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. 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. 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. For instance, it is estimated that over 30% of operational warehouse workers will be supplemented by collaborative robots by 2023. These concerns may be unfavorable for future growth. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2022-2028 to gain competitive edge across the globe. Lack of in-house IT expertise would prompt these enterprises to opt for cloud-based deployment. 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. 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. This part also provides a range of different segments and objectives that may impact the market in the future. 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 on-premise segment led the supply chain management market in 2020, and is expected to continue to remain dominant in the near future. Organizations can leverage the power of big data, AI, IoT, and the cloud to improve and automate supply chain processes. What are the factors driving the supply chain management market. 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. Supply chains are an essential cog in the world's economy, and they require a . 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. Those companies which are investing and innovating will ensure that they remain competitive in the future. 2022 Allied Market Research. In 2023, the market is rising at a. The Transportation Management System (TMS) is expected to have a CAGR of 11.7% from 2021 to 2028. 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. 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. Third-party support can help you save money while also providing you with the expertise of well-trained and experienced professionals. This partnership provides a solution for mid-market enterprises with complete and adaptable end-to-end capabilities. 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. 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. Free business intelligence platform with subscription, 4. Market is changing rapidly with the ongoing expansion of the industry. Companies implement automation technologies to deal with supply chain labor challenges, such as trying to drive more efficiency and productivity as workforces shrink. We never share your personal data. 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. The lookup file contains a rating of unique factors that drive market growth. The [] During these uncertain times, supply chain analytics-enabled organizations to identify processes that needed immediate attention or products/items that were likely to run out soon, allowing them to manage the demand-supply gap better than before. For instance, in August 2021, With this strategic acquisition, A.P. SCM services enable the monitoring of manufacturing activities to optimize performance and reduce risk. 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. This report has studied every segment and provided the market size using historical data. 1. 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. However, the transportation management system segment is expected to witness the highest growth. The growth of the market in the region is attributed to growing opportunities in the region along with various investments made in SCM. Implementing SCM solutions and services would increase SMEs' profitability and intended outcomes and improve operational efficiencies. Stanley Black & Decker Inc. Companies & Executives. 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. It represents the trends, constraints, and drivers that are changing the market, for better or for worse. These security issues related to unauthorized user data access can threaten the company's data security and competitive business position. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. 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. Owing to the major shift toward SaaS delivery model, small- & medium-sized businesses and organizations from the emerging markets are heavily investing in the market, which in turn increases the overall spending and boosts the market growth. 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. This is attributed to the rapid growth in demand for SCM software due to supply chain disruptions triggered by the COVID-19 pandemic. Networking is essential for business. (Statista 2021b) Free upgrade to enterprise license (allows to share across all company locations), 5. 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. Which segment accounted for the largest supply chain analytics market share? Lack of attention to these elements may result in a decrease in production. 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. This latest report researches the industry structure, revenue and gross margin. It assists in automating major procedures like processing orders, billing, and order tracking resulting in reducing time and administration expenses. 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. Under those circumstances, they lag in raising their employees and empowering them with the knowledge, records, and competencies they had to succeed. 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. Clients of Maersk can now boost supply chain speed and service coverage to keep up with the e-commerce trend of U.S. consumers for faster delivery to households at a cheaper cost. Visit a quote page and your recently viewed tickers will be displayed here. 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 COVID-19 pandemic had a significant positive impact on the target market. What are the factors driving the supply chain analytics market. Get a Sample PDF of Report -https://www.businessgrowthreports.com/enquiry/request-sample/21908977List of TOP KEY PLAYERS in Supply Chain Cost-to-Serve Analytics Technology Market Report are: - LLamasoft Oracle JDA Software Facton Jonova Profit Velocity Solutions. Supply Chain Management Software Market was valued at US$ 26.12 Bn in 2021. The Global Supply Chain Management Software Market size is estimated to grow at a CAGR of 9.3% over the forecast period. 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. Besides, the circulation time is longer, the firm's benefit of blockchain is worse. Supply Chain Cost-to-Serve Analytics Technology Market, https://www.businessgrowthreports.com/enquiry/request-sample/21908977, https://www.businessgrowthreports.com/enquiry/pre-order-enquiry/21908977, https:/www.businessgrowthreports.com/enquiry/request-covid19/21908977, https:/www.businessgrowthreports.com/purchase/21908977, https://www.businessgrowthreports.com/TOC/21908977, Supply Chain Cost-to-Serve Analytics Technology Market Size 2023 | Growth, Share, Trends, Regional Overview, Leading Company Analysis And Top Countries Data | Forecast to 2028. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. This enables even more comprehensive control and tracking of all operations, from procurement to final goods shipment to the end user. Investments in the technology industry are projected to have a substantial impact on logistics. b. Major players headquarters, market shares, industry ranking and profiles are presented. The manufacturing segment held the highest market share of over 24% in 2021. 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. 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 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 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). 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? Free trial, before you make a purchase decision. 6. 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. In addition, we gained insights from market experts to better understand the market. Bosch India through CHEP's Packaging Solutions has saved 2,435 tons of carbon dioxide emission and 2,701 tons of waste. The retail and e-commerce segment is expected to experience the highest CAGR during the forecast period. 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. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. 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