Supply Chain Management Service Market was valued at USD 15.85 Billion in 2022 and is projected to reach USD 28.56 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global Supply Chain Management (SCM) service market was valued at approximately USD 23.5 billion in 2022, and it is projected to grow at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2030. This growth is driven by increasing globalization, advancements in technology, and the rising need for efficient supply chain solutions. The market encompasses a range of services including logistics, procurement, inventory management, and transportation, all of which are becoming increasingly critical for businesses to maintain competitive advantage and operational efficiency. The North American region holds a significant share of the market, followed by Europe and the Asia-Pacific region, with the latter showing the highest growth potential due to rapid industrialization and urbanization.
Emerging opportunities within the SCM service market are attributed to the expansion of e-commerce, which demands sophisticated logistics and fulfillment solutions. Additionally, the integration of artificial intelligence, blockchain, and IoT technologies is expected to enhance the capabilities of SCM services, offering real-time visibility, improved accuracy, and cost efficiencies. The growing emphasis on sustainability and the need to mitigate supply chain disruptions are further propelling the demand for advanced SCM solutions. As businesses increasingly prioritize agility and resilience in their supply chains, the market is poised for continued growth and innovation, presenting substantial opportunities for service providers and technology developers.
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Ryder System
Inc.
Accenture Plc
Bain & Company
Inc.
Boston Consulting Group
IBM
Elementum
PwC
McKinsey Insights
GEP
The Supply Chain Consulting Group Ltd
HCL Technologies Limited
4flow
Chainalytics
MasterControl QCC
CSCMP
Quantum Services
MISCO Inc.
Cognizant
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Supply Chain Management Service Market
Retail Industry
Agriculture
Logistics Industry
Manufacturing
Other
Based on Types the Market is categorized into Below types that held the largest Supply Chain Management Service market share In 2023.
Customized Solutions
Shipment Service
Warehousing
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Supply Chain Management Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Supply Chain Management Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Supply Chain Management Service Market, By Type
6. Global Supply Chain Management Service Market, By Application
7. Global Supply Chain Management Service Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Supply Chain Management Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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