According to IMARC Group’s latest report, titled “SaaS-based SCM Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global SaaS-based SCM market reached a value of US$ 5.4 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026.
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.
Software-as-a-Service (SaaS)-based SCM (Supply Chain Management) is a software application used for on-premise and on-cloud management of supply chain processes. The software keeps the record of the inventory and automatically re-configures business processes with the changing requirements. It also helps in reducing capital expenses and operating costs, enhancing productivity, mitigating duplication, and standardizing processes. As a result, SaaS-based SCM is widely employed for sourcing and procurement, demand and operations planning, and management of inventory, warehouse, order and transportation.
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Market Trends
The rising digitization trends have led to the adoption of automated and pre-programmed machinery by several manufacturers to minimize overhead costs and production time. Furthermore, the increasing use of SaaS-based SCM tools for enabling constant monitoring and operational security across organizations is driving the market growth. Rapid integration of SaaS-based SCM with Internet-of-Things (IoT), coupled with the introduction of hybrid and pay-as-you-go models for public and private deployments is also driving the market growth. Additionally, the rising demand for AI-based solutions for enhanced traceability and visibility in supply chain management is further expected to drive the market for SaaS-based SCM.
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List of Key Companies Covered in this Market Report:
Blue Yonder Inc.
Descartes Systems Group Inc.
Epicor Software Corporation
Highjump Software Inc.
International Business Machines Corporation
Infor Inc.
Kinaxis Inc.
Logility Inc. (American Software Inc.)
Manhattan Associates Inc.
Oracle Corporation
SAP SE
The report has segmented the market on the basis of solution, deployment mode, end-user, application, vertical and geography.
Breakup by Solution:
Software
Services
Breakup by Deployment Mode:
Public
Private
Hybrid
Breakup by End User:
Large Enterprises
Small and Medium Enterprises
Breakup by Application:
Transportation Management
Inventory and Warehouse Management
Sourcing and Procurement Management
Order Management
Demand and Operations Planning
Others
Breakup By Vertical:
Consumer Goods and Retail
Food and Beverages
Healthcare and Life Sciences
Manufacturing
Transportation and Logistics
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
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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