The latest research study “Supply Chain Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global supply chain management software market size reached US$ 13.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.81 Billion by 2027, exhibiting a growth rate (CAGR) of 13.60% during 2022-2027.
Supply chain management software represents the platforms that are designed for streamlining and managing the end-to-end supply chain processes of business enterprises. They can be categorized into the transportation management system, warehouse management system, supply chain planning solutions, manufacturing execution system, etc. These supply chain management software and solutions prove highly effective in ensuring efficient supplier management, demand forecasting, logistics and warehousing, order processing, security, etc. They aid in improving visibility, reducing costs, automating the process, mitigating risks, etc. Supply chain management software variants even assist in decision-making and improve customer services and communication. Consequently, they find extensive applications across numerous sectors, including retail, e-commerce, consumer goods, healthcare, automotive, logistics, manufacturing, transportation, food and beverages (F&B), etc.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Supply Chain Management Software Market Trends and Drivers:
The growing e-commerce industry, which requires adequate inventory control, purchase automation, order tracking, vendor relationships, etc., is primarily driving the supply chain management software market. Furthermore, the shifting preferences toward cloud-based software to expedite the production cycle, prevent disruption, ensure quality, enhance scalability, and optimize infrastructure management are acting as significant growth-inducing factors. Apart from this, the elevating integration of artificial intelligence (AI) to tackle worker shortages, increase efficiency, and make transportation-related data-driven decisions is also positively influencing the global market. Moreover, the rising demand for the software in the healthcare industry for streamlining inventory supervision and medical supply distribution, managing costs, and lowering waste is further augmenting the market growth. Besides this, the increasing need from the aviation segment to manage flights, crew, passenger logistics, and aircraft is expected to catalyze the supply chain management software market over the forecasted period.
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Supply Chain Management Software Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Blue Yonder Group Inc. (Panasonic Holdings Corporation), Epicor Software Corporation, Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Kinaxis Inc., Körber AG, Manhattan Associates, Oracle Corporation, SAP SE and The Descartes Systems Group Inc.
The report has segmented the market on the basis of solution type, deployment mode, organisation size and industry vertical.
Breakup by Solution Type:
- Transportation Management System
- Warehouse Management System
- Supply Chain Planning
- Procurement and Sourcing
- Manufacturing Execution System
Breakup by Deployment Mode:
Breakup by Organisation Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Industry Vertical:
- Retail and Consumer Goods
- Healthcare and Pharmaceuticals
- Food and Beverages
- Transportation and Logistics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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