Supply Chain Management Software Market was valued at US$ 28.54 Bn in 2022. The Global Supply Chain Management Software Market size is estimated to grow at a CAGR of 9.3% over the forecast period.
Supply Chain Management Software Market Overview:
The purpose of this study is to provide an in-depth analysis of the Supply Chain Management Software Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Supply Chain Management Software industry. The study also provides a thorough examination of the market's value chain.
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Supply Chain Management Software Market Scope:
The research method used to assess and forecast the Supply Chain Management Software market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Supply Chain Management Software market.
Supply Chain Management Software Market Drivers:
Businesses are incorporating strategic innovations into their own business models as a result of the increased competition among them to address issues including client retention, an increase in competitors, and the commoditization of threats. The adoption of the Internet for client online sales has been prompted by these difficulties for businesses. Globally, businesses have a very high Internet penetration rate, which has increased the number of eCommerce participants. This surge will probably accelerate the expansion of online sales, which will accelerate the global market for cloud SCM. By implementing the cloud-based SCM system, the businesses are creating extensive plans to supply end-to-end business models.
In addition, COVID-19 significantly altered labour conditions and supply chains and increased demand for particular goods. For instance, the Census Bureau reports that while food shop sales climbed by 13.2% in April 2020 year over year in the United States, clothes retailer sales decreased by 89.2%. According to Eurostat, sales of food, beverages, and tobacco climbed by 1.2% in the EU in April 2020, but sales of non-food items decreased by 23.8% year over year.
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Supply Chain Management Software Market Segmentation:
by Component
Hardware
Software
Services
by Deployment Mode
On-premises
Cloud
by Organisation Size
SMEs
Large enterprises
by Verticals
FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others
Supply Chain Management Software Market Key Players: The key players are
1. SAP
2. Oracle
3. Infor
4. Descartes
5. Manhattan Associates
6.IBM
7. Logility
8. Kinaxis
9. Blue Yonder
10. Körber
11. Coupa
12. Epicor
13. BluJay
14. OMP
15. E2open
16. JAGGAER
17. Zycus
18. GEP
19. Tive
20. Freightify
21. 4TiGo
22. Trukky
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Supply Chain Management Software Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
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COVID-19 Impact Analysis on Supply Chain Management Software Market: The report also includes the detailed impact of COVID-19 on the Supply Chain Management Software market.
Key Questions Answered in the Supply Chain Management Software Market Report are:
- Which segment had the largest share in the Supply Chain Management Software market?
- How is the competitive scenario of the Supply Chain Management Software market in 2020?
- Which are the key drivers impacting the Supply Chain Management Software market growth?
- Which region holds the maximum share in the Supply Chain Management Software market?
- What will be the CAGR of the Supply Chain Management Software market during the forecast period (2021-2027)?
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