Supply Chain Management Software Market by Deployment, Application, and Geography - Forecast and Analysis 2021-2025
- Published: Apr 2021
- Pages: 160
- SKU: IRTNTR40287
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The supply chain management software market has the potential to grow by USD 9.45 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 10.56%.
This supply chain management software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud), application (SCP, procurement, WMS, and TMS), and geography (North America, Europe, APAC, MEA, and South America). The supply chain management software market report also offers information on several market vendors, including Blue Yonder Group Inc., BluJay Solutions Inc., E2open LLC, Epicor Software Corp., Infor Inc., Manhattan Associates Inc., Oracle Corp., SAP SE, The Descartes Systems Group Inc., and WiseTech Global Ltd. among others.
What will the Supply Chain Management Software Market Size be in 2021?
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Supply Chain Management Software Market: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The emergence of supply chain visibility and event management is notably driving the supply chain management software market growth, although factors such as high initial cost and availability of open-source software may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the supply chain management software industry get your FREE report sample now.
- The emergence of supply chain visibility and event management is one of the key supply chain management software market growth drivers.
- Supply chain visibility and event management (SCVEM) software is an integral part of SCM software.
- The SCVEM modules of SCM software control, measure, simulate, notify, and monitor all business processes that are in accordance with the supply chain activity.
- Many organizations exchange information with an extended network of supply chain partners that are willing to upgrade their technology through electronic data interchange (EDI) requires SCVEM software.
- Vendors in the market are offering SCVEM modules for the efficient management of the supply chain.
- The Descartes Systems Group offers Descartes Visibility and Event Management software, which helps improve logistics and supply chain performance management.
This supply chain management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Supply Chain Management Software Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Blue Yonder Group Inc.
- BluJay Solutions Inc.
- E2open LLC
- Epicor Software Corp.
- Infor Inc.
- Manhattan Associates Inc.
- Oracle Corp.
- SAP SE
- The Descartes Systems Group Inc.
- WiseTech Global Ltd.
The supply chain management software market is fragmented and the vendors are deploying growth strategies such as entering into long-term partnership contracts with third-party service providers to provide SCM software to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the supply chain management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Supply Chain Management Software Market?
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34% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for supply chain management software market in Europe. Market growth in this region will be slower than the growth of the market in APAC.
The presence of highly advanced and improved logistics infrastructure will facilitate the supply chain management software market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Deployment Segments in the Supply Chain Management Software Market?
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SAP, Oracle, and Infor are some vendors that offer on-premise SCM software solutions for supply chain planning, warehouse management, and transportation management. On-premise SCM software solutions are primarily used because they offer better system security than cloud-based software solutions and also because of their ability to be customized. However, the cloud-based segment will grow at a higher rate than the on-premise segment during the forecast period. This is primarily because of the low upfront cost required for the deployment of cloud-based software, especially for small companies that have limited IT budgets and resources.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the supply chain management software market size.
What are the Key Factors Covered in this Supply Chain Management Software Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive supply chain management software market growth during the next five years
- Precise estimation of the supply chain management software market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the supply chain management software industry across North America, Europe, APAC, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of supply chain management software market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Emergence of supply chain visibility and event management
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