South America Supply Chain Management Market By Component, by Delivery Mode, by Industry, by Enterprise Size by Country - South America Market Size, Share, Development, Growth and Demand Forecast, 2013-2023
South America Supply Chain Management (SCM) Market By Component (Software [Purchasing Management {Supplying Management Transportation Management, Procurement, Strategic Sourcing, Capital Purchasing}, Inventory Management {Warehouse Management, Order Management}], Hardware [Barcodes and Barcode Scanners, Systems, RFID Tags and Readers], Services [Managed, Professional {Implementation, Support and Maintenance, Training and Consulting}]), by Delivery Mode (On-Premise, Cloud-based), by Industry (Transportation and Logistics, Manufacturing, Retail and Wholesale, Healthcare and Lifesciences, Food and Beverage), by Enterprise Size (Large Enterprises, SMEs) by Country (Brazil, Argentina, Chile, Peru, Columbia) - South America Market Size, Share, Development, Growth and Demand Forecast, 2013-2023
South America supply chain management market is expected to reach $3.7 billion by 2023, growth in e-commerce industry, need for greater supply chain visibility, and surge in demand planning solutions are the major factors driving the market growth.
Based on component, the supply chain management market in South America has been categorized into software, hardware, and services. The software category held the majority share in the market, accounting 67% share in 2017, and is expected to witness a CAGR of 7.6%, during the forecast period. The major factor attributing to its largest share in the market is the increasing need to make the supply chains as transparent as possible in order to increase customer satisfaction.
In terms of delivery mode, on-premise mode in the supply chain management market in the country held a higher revenue share in 2017 and is expected to maintain its lead, during the forecast period. Compliance issues with cloud SCM is a major factor for the deployment of on-premise delivery mode. Companies often regulate storage of critical information on the cloud due to security concern associated with the cloud.
Moreover, if the company has already invested heavily in its on-premise solution, it will be reluctant to invest in cloud solution. On the other hand, the cloud-based delivery mode is expected to witness a CAGR of 14.0% during the forecast period. This growth will be mainly led by the capacity of cloud-based to offer ease of deployment and cost-effective solutions.
During the forecast period, Brazil is projected to record largest revenue in the South American market, reaching $1.2 billion by 2023, buoyed by increasing e-commerce sector in Brazil. Transportation and logistics industry is one of the major contributors to the growth of the supply chain management market in Brazil due to rising development of warehouses to meet the growth of e-commerce market. However, poor transport infrastructure and lack of government spending on the infrastructure development are expected to hinder the growth of the market in Brazil.
With the increase in smartphone ownership, internet penetration, and the rise in middle-class population, South America recorded a boom in its e-commerce industry in recent years. The industry growth is also propelled by improvement in the delivery of goods as well as the payment infrastructure. The growth in e-commerce industry, coupled with express delivery of products, led to higher demand for SCM solutions in the region.
Besides, the industry growth encouraged international companies to set-up their businesses in the region. For instance, in February 2018, Amazon was planning to lease a 50,000 square-meter warehouse outside of Sao Paulo to expand its business in Brazil. With growing presence of multinational companies in the region, demand for warehouse management software serving the growing e-commerce industry has considerably risen.
In the recent years, client wins, product launches, and updates as well as collaborations between companies for products and services were the major activities in the SCM industry in South America. International Business Machines (IBM) Corporation, Kinaxis Inc., and Oracle Corporation, were the major companies that exhibited client wins for their supply chain solutions and services. SAP SE, and JDA Software Group Inc. entered into collaboration with several companies to offer enhanced SCM planning solutions.
Some of the other key players operating in the South America supply chain management market are Logility Inc., TECSYS Inc., LogiTag Systems, Walmart Inc., Cisco Systems Inc., Intel Corporation, The Descartes Systems Group Inc., and Infor Inc.
Our reports have been used by over 10K customers, including:
The Asia-Pacific (APAC) secure content management (SCM) market grew by 10.4% year-over-year (YoY) in 2019, declining slightly from 2018. Its top participants’ growth varied because of their different market approaches. The overall email security market is maturing with slowing but steady growth. Heavily driving its cloud-based deployments...
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...
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...
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...
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...
This IDC PlanScape provides a path for supply chain executives, CIOs, and other business leaders to better understand the growing challenges of today's supply chain for real-time, accurate inventory visibility and decision making and how moving warehouse management into the cloud can meet the need for more resilient, scalable, and faster warehouse...
This IDC study analyzes and sizes the European supply-chain management applications market from 2017 to 2019 and provides the respective market shares for each vendor. It segments the SCM applications market by functional market (three functional markets), deployment model (public cloud and on premises), and country. "The outbreak of the COVID-19...
This IDC Market Forecast study analyzes and sizes the European supply-chain management applications market for 2017-2019 and features a 2020-2024 forecast. IDC assesses the European SCM applications market by functional segment (three segments) and deployment model (public cloud service and on premises) in 16 countries."The European SCM market...
The Asia-Pacific (APAC) secure content management (SCM) market grew by 10.4% year-over-year (YoY) in 2019, declining slightly from 2018. Its top participants’ growth varied because of their different market approaches. The overall email security market is maturing with slowing but steady growth. Heavily driving its cloud-based deployments...
The Asia-Pacific (APAC) secure content management (SCM) market grew by 10.4% year-over-year (YoY) in 2019, declining slightly from 2018. Its top participants’ growth varied because of their different market approaches. The overall email security market is maturing with slowing but steady growth. Heavily driving its cloud-based deployments...
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.