Supply Chain Management Market By Component (Solution, Service), By Solution Type (Transportation management system, Warehouse management system, Supply chain planning, Procurement and sourcing, Manufacturing execution system), By Deployment Mode (On-premise, On-Demand/Cloud-Based), By Enterprise Size (Large Enterprise, SMEs), By Industry Vertical (Retail and consumer goods, Healthcare and pharmaceuticals, Manufacturing, Food and beverages, Transportation and logistics, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2022-2032
Supply chain management focuses on the development and delivery of goods with higher efficiency and greater speed. Industry players are developing digital SCM systems to improve efficiency in material handling and delivery. The use of supply chain software enables suppliers, manufacturers, logistics providers, and retailers to efficiently manage product creation, order fulfillment, and information tracking.
Increase in implementation of technological advancement and investments and surge in demand and usage of supply chain management services and software by various enterprises and industries is boosting the growth of the global supply chain management market. In addition, increase in adoption of SCM software in healthcare and pharmaceutical companies is positively impacts growth of the supply chain management market. However, Lack of awareness about supply chain management software and increasing security concerns is hampering the supply chain management market growth. On the contrary, increase in advanced information and communications technology is expected to offer remunerative opportunities for expansion of the supply chain management market during the forecast period.
The supply chain management market is segmented on the basis of by component, solution type, deployment model, enterprise size, industry vertical, and region. By component, the market is bifurcated into solution and services. By solution type, it is classified into transportation management system, warehouse management system, supply chain planning, sourcing & procurement software, and manufacturing execution system. By deployment model, the market is divided into on-premise and cloud based. By enterprise size, it is bifurcated into small & medium-sized enterprises (SMEs) and large enterprises. Depending on industry vertical, it is fragmented into retail & consumer goods, healthcare & pharmaceuticals, manufacturing, food & beverages, transportation & logistics, automotive, and other. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the supply chain management market are IBM Corporation, Blue Yonder Group, Inc., kinaxis, Manhattan Associates, Inc., Oracle Corporation, SAP SE, Epicor Software Corporation, HighJump., Infor, THE DESCARTES SYSTEMS GROUP INC. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERSThe study provides an in-depth analysis of the global supply chain management market forecast along with the current and future trends to explain the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on global supply chain management market trend is provided in the report.
The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2032 is provided to determine the market potential.
Key Market SegmentsBy ComponentSolution
Service
By Solution TypeTransportation management system
Warehouse management system
Supply chain planning
Procurement and sourcing
Manufacturing execution system
By Deployment ModeOn-premise
On-Demand/Cloud-Based
By Enterprise SizeLarge Enterprise
SMEs
By Industry VerticalRetail and consumer goods
Healthcare and pharmaceuticals
Manufacturing
Food and beverages
Transportation and logistics
Automotive
Others
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
IBM Corporation
Blue Yonder Group, Inc.
Manhattan Associates, Inc.
Oracle Corporation
SAP SE
Epicor Software Corporation
HighJump.
Infor
THE DESCARTES SYSTEMS GROUP INC
Kinaxis
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