Supply Chain Analytics Market 2022: Industry Trends, Size, Share, Growth and Forecast 2027

According to the latest report by IMARC Group, titled “Supply Chain Analytics Market: Global Industry Trends, Share, Size, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the supply chain analytics market growth. The global supply chain analytics market size reached US$ 5.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2027, exhibiting a growth rate (CAGR) of 17.89% during 2022-2027.

Supply chain analytics refers to a technological solution that collects data and information to provide insights into logistics performance at the procurement, processing, and distribution levels of a product. They assist in risk management, increasing planning accuracy, enhancing order management, streamlining procurement, and increasing return on investment (ROI). They also help maintain inventory records, increase productivity, and standardize different processes.

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Note: 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.

Market Trends:

The rising usage of cloud-based solutions in small and medium-scale enterprises (SMEs) represents one of the major factors positively influencing the demand for supply chain analytics around the world. In addition, the thriving e-commerce industry is driving the adoption of supply chain analytics to provide real-time information on warehouse management and delivery. Apart from this, industry players are integrating supply chain analytics services with advanced technologies, such as the internet of things (IoT), machine learning (ML), and artificial intelligence (AI). This, in turn, is impelling the growth of the market.

Breakup by Component:

  • Software

  • Demand Analysis and Forecasting

  • Supplier Performance Analytics

  • Spend and Procurement Analytics

  • Inventory Analytics

  • Transportation and Logistics Analytics

  • Services

  • Professional

  • Support and Maintenance

Breakup by Deployment Mode:

  • On-premises

  • Cloud-based

Breakup by Enterprise Size:

  • Large Enterprises

  • Small and Medium Enterprises

Breakup by Industry Vertical:

  • Automotive

  • Food and Beverages

  • Healthcare and Pharmaceuticals

  • Manufacturing

  • Retail and Consumer Goods

  • Transportation and Logistics

  • Others

Breakup by Region:

  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa

Competitive Landscape with Key Player:

  • Axway

  • Capgemini SE

  • International Business Machines Corporation

  • Infor Inc (Koch Industries Inc.)

  • Kinaxis Inc

  • Manhattan Associates Inc

  • Microstrategy Incorporated

  • Oracle Corporation

  • QlikTech International AB

  • SAP SE

  • SAS Institute Inc

  • Tableau Software LLC (Salesforce Inc.)

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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