“Factors such as awareness about cloud-based supply chain management benefits among the enterprises and reduced operational & capital expenditure are driving the cloud Supply Chain Management (SCM) market” The cloud SCM market size is estimated to grow from 3.26 billion in 2016 to USD 8.07 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period. The market is driven by factors, such as need for business agility, faster deployment & scalability, increasing awareness about cloud SCM among enterprises globally, and reduced costs of ownership. However, enterprises face some obstacles while adopting cloud SCM, such as security concerns, data protection, and complexities involved in application portability.
“Inventory and warehouse management solution is expected to have the fastest growth rate during the forecast period” The cloud-based inventory and warehouse management solution manages daily operations in a warehouse and enables centralized management of tasks, such as inventory control, tracking, and location of stock items. The demand for this solution is increasing due to benefits offered, such as faster inventory movement, efficient use of warehouse space, reduced inventory paperwork, improved cycle counting, and reduced dependency on warehouse personnel.
“Training and consulting service segment is expected to have the largest market share” On the basis of services, the training and consulting service segment is projected to grow at the highest CAGR during the forecast period. The service enables enterprises to choose the best possible solutions & services, depending on the requirement of the businesses and their users. Furthermore, it helps the enterprises make better and informed business decisions in a technology-centered world.
“Asia-Pacific (APAC) is projected to grow at the highest CAGR” North America is expected to hold the largest market share in 2016, while APAC is the fastest growing region, in terms of CAGR. Cloud SCM helps avoid resource conflict & IT glitches, and is therefore growing rapidly in APAC. Cloud emergence and mandatory government regulations are simultaneously helping boost the growth of the cloud SCM market in this region.
The break-up profiles of primary participants is given below as: - By company: Tier 1 – 33%, Tier 2 – 41%, and Tier 3 – 26% - By designation: C level – 47%, Director level – 35%, and Others – 18% - By region: North America – 49%, Europe – 29%, APAC – 17%, and RoW- 5%
Various key cloud SCM providers profiled in the report are as follows: 1. SAP SE (Walldorf, Germany) 2. Oracle Corporation (California, U.S.) 3. Infor, Inc. (New York, U.S.) 4. JDA Software Group, Inc. (Arizona, U.S.) 5. Descartes Systems Group, Inc. (Ontario, Canada) 6. Manhattan Associates, Inc. (Atlanta, Georgia, U.S.) 7. Logility, Inc. (Atlanta, Georgia U.S.) 8. Kewill, Inc. (Massachusetts, U.S.) 9. Kinaxis, Inc. (Ontario, Canada) 10. HighJump (Minnesota, U.S.) 11. TECSYS, Inc. (Montreal, Canada) 12. CloudLogix (Colorado, U.S.)
Research Coverage The cloud SCM market has been segmented based on services, deployments, organisation sizes, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, products & services, key strategies, new product launches, partnerships, agreements, & collaborations, business expansions, and competitive landscape associated with the cloud SCM market.
The report will help the market leaders/new entrants in this market in the following ways: - This report segments the cloud SCM market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals & regions. - This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, & opportunities. - This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.
Our reports have been used by over 10K customers, including:
Supply Chain Analytics Market Research Report by Software (Demand Analysis and Forecasting, Inventory Analytics, Spend and Procurement Analytics, Supplier Performance Analytics, and Transportation and Logistics Analytics), by Services (Deployment and Integration Services, Managed Services, Professional Services, and Support and Maintenance...
The market for cold chain logistics in China is anticipated to grow at a CAGR of more than 9% during the forecast period (2020-2025). China has a huge consumer population for agricultural products and currently accounts for about 60% of the world’s total vegetable production, 30% of fruit and meat production, and 40% of eggs and aquatic...
The global cold chain market size is estimated to be valued at USD 233.8 billion in 2020 and is projected to reach USD 340.3 billion by 2025, recording a CAGR of 7.8%. Factors such as the consumer inclination toward food & beverages with higher shelf-life, due to the rising awareness to mitigate the food wastage have been fueling the use of...
Artificial Intelligence in Supply Chain Market Research Report by Offering (Hardware, Services, and Software), by Technology (Computer Vision, Context-Aware Computing, Machine Learning, and Natural Language Processing (NLP)), by Application, by Industry - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market...
Smart & Mobile Supply Chain Solutions Market Research Report by Solutions (Manufacturing Execution System, Sourcing & Procurement, Supply Chain Planning, Transportation Management Systems, and Warehouse Management Systems), by Distribution (Commercial and Third Party Logistics) - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market...
293 pages •
By The Business Research Company
• Dec 2020
Supply Chain Management Software Global Market Opportunities And Strategies To 2030: COVID-19 Implications and Growth provides the strategists, marketers and senior management with the critical information they need to assess the global supply chain management software market. Description: Where is the largest and...
Banks and other financial institutions across the world have long identified data as being the key to unlock their hidden potential, which can lead to improvements in revenue, capabilities, and performance. However, a significant number of organizations still struggle with many facets of data analysis, including what data to collect, how to...
"SD-WAN is driven by a combination of applications and data cloud migration, the COVID-19 pandemic's impact due to the work-from-home (WFH) scheme, the introduction of cloud-native architecture and technologies, the proliferation of fiber-optic transport infrastructure, and the digital transformation (DX) of enterprises, industries, and organizations,"...
The United States Customs Brokerage market is estimated to be valued at more than USD 4 billion and is estimated to grow at a CAGR of more than 3.5% during the forecast period. - The Market for customs brokerage in United States has been growing steadily and the growth is expected to continue through the forecast period. The number...
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.