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Classified in: Science and technology
Subject: MRR

Supply Chain Management Software Market size to grow by USD 9.45 billion | Market Research Insights highlight rise emergence of supply chain visibility and event management as Key Driver | Technavio


NEW YORK, June 27, 2022 /PRNewswire/ -- According to the research report "Supply Chain Management Software Market by Deployment, Application, and Geography - Forecast and Analysis," the market witnessed a YOY growth of 7.23% in 2021 at a CAGR of 11% during the forecast period. The report is segmented by deployment (on-premise and cloud), application (SCP, procurement, WMS, and TMS), and geography (North America, Europe, APAC, MEA, and South America).

For more insights on YOY and CAGR, Read Sample Report

Vendor Insights 

The Supply Chain Management Software Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.?  

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report. 

Geographical Market Analysis 

Europe will account for 34% of market growth. Europe's two biggest markets for supply chain management software are the UK and Germany. This region's market will grow more quickly than the markets in North America, the Middle East, and South America combined.

Over the projected period, the supply chain management software market will rise in Europe due to the rising adoption of automation technologies in logistics and supply chains.

Know more about this market's geographical distribution along with a detailed analysis of the top regions. Buy the Sample Report Now!

Key Segment Analysis

The on-premise sector will significantly increase its market share in supply chain management software. These businesses place more emphasis on the software's usefulness than its cost. Important business data is handled by large businesses. Security is, therefore, a major concern for these businesses. To protect their brand, many businesses also prioritize risk management techniques. During the projection period, all of these reasons will make the on-premise market segment more prominent.

View Sample: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Drivers & Challenges: 

One of the major forces influencing the growth of the supply chain management software industry is the advent of supply chain visibility and event management. A significant supply chain management software market trend that is anticipated to have a favorable effect in the next years is the rising need for fleet management in the logistics service sector. However, the market for supply chain management software will face significant obstacles over the projected period due to the high initial cost and accessibility of open-source software.

Download sample for highlights on market Drivers & Challenges affecting the Supply Chain Management Software Market.

Customize Your Report 

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

Do reach out to our analysts for more customized reports as per your requirements. Speak to an analyst now!   

Related Reports: 

Product Information Management Market by Deployment and Geography - Forecast and Analysis 2022-2026

Business Productivity Software Market by Type and Geography - Forecast and Analysis 2022-2026

Supply Chain Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11%

Market growth 2021-2025

$ 9.45 billion

Market structure

Fragmented

YoY growth (%)

7.23

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

Europe at 34%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Deployment

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email:?[email protected] 
Website:?www.technavio.com/ 

SOURCE Technavio


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News published on 27 june 2022 at 11:15 and distributed by: