Global Supply Chain Management Market Size to Exceed US$ 56.53 Billion by 2029, Driven by Retail Industry
Supply Chain Management Market was valued at US$ 28.28 Bn. in 2022 and is expected to reach US$ 56.53 Bn. by 2029, at a CAGR of 10.4% during a forecast period.
Supply Chain Management Market Overview
The report presents a comprehensive overview of the Supply Chain Management Market, including market shares, drivers, restraints, and growth opportunities. It covers both international and domestic markets, providing landscape analysis, trade insights, and key regions of development.
Supply Chain Management Market Report Scope and Research Methodology
The research for this report insights a comprehensive analysis of the global Supply Chain Management Market, focusing on both value and volume aspects, and includes forecasts for the projected period. Regional and country-level analyses are conducted to identify recent and future growth trends, prospects, and their respective contributions to the market. The report provides crucial metrics such as the market's Compound Annual Growth Rate (CAGR), market size, value, volume, revenue, sales, and other key factors related to the Supply Chain Management Market. Each segment of the industry is evaluated based on its growth rate and market share. Additionally, a thorough analysis of key market players by region is conducted, encompassing their revenue, financial status, and technical developments, offering insights into the competitive landscape of the market. The bottom-up approach is employed to accurately estimate the Supply Chain Management Market size.
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Market Dynamics for Supply Chain Management
There is a strong demand for more transparency and visibility in supply chain data and processes: The biggest barrier to achieving the objectives of the supply chain is a lack of visibility and transparency. The majority of businesses lack the supply chain transparency and knowledge necessary to more effectively avoid and identify disruptions and inventory imbalances. This is partially caused by the inability to manage a sizable amount of data dispersed across numerous sources, processes, and systems. The supply chain's organizations are finding it challenging to keep up with both technological improvements and the changes the digital age is bringing to many industries and markets. Utilizing technologies like machine learning, artificial intelligence, and the internet of things to enhance supply, back office leaders can encourage product quality, speed up time to market, and create new products and services.
Supply Chain Management Market Regional Insights
The Supply Chain Management Market is segmented into major regions, including North America, Europe, Asia Pacific, The Middle East and Africa, and South America, offering a comprehensive understanding of its global presence and regional impact.
Supply Chain Management Market Segmentation
In 2022, the cloud segment had the highest deployment type share . In order to support collaborative transportation management solutions, network capacity sourcing, full visibility and event management, as well as auxiliary activities like freight payment and audit, cloud computing is rapidly expanding. Using cloud-based business analytics and manufacturing data helps reduce manufacturing cycle times, which enhances supply chain management.
Based on Component, the Software category commanded a market share in 2022 and is anticipated to continue to do so through 2029. Digital solutions that make use of massive amounts of data from several sources, connect resources (machines and people) in real-time, and use social media can now be used to manage the flow of products.
According to Enterprise size, the SME category dominated in 2022 and is predicted to hold a market share by 2029. SME growth is anticipated to be fueled by the rising number of government efforts through numerous digital SME campaigns around the world. The segment demand for supply chain analytics is anticipated to be driven by SMEs' use of information technology to offer digital services across various business channels.
Real-time supply chain insight becomes essential for successful FMCG supply chain execution and unexpected cost avoidance based on verticals. Systems for inventory management are also needed in this sector so that end users can keep inventories in check and deliveries on schedule. FMCG distributors cannot maintain accurate warehouse management and inventory control.
by Component
Hardware
Software
Services
by Organization Size Type
On-premises
Cloud
by Enterprise size
SMEs
Large enterprises
by Verticals
FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others
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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
Table of Content – Major Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Supply Chain Management Market Segmentation
9. Regional Analysis
10. Company Profiles
11. Competitive Landscape
12. Conclusion
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Key questions answered in Supply Chain Management Market are:
- What is Supply Chain Management?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Supply Chain Management Market?
- Which factors are the lucrative opportunities for the Supply Chain Management market growth?
- Which factors are limiting the scope of Supply Chain Management market ?
- How is the intervention from regulatory authority is shaping 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
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