Supply Chain Management Market New Opportunities, Future Trends And Forecast 2029

Supply Chain Management Market was valued at US$ 28.28 Bn. in 2022 and is expected to reach US$ 56.53 Bn. by 2029, at a CAGR of 10.4% during a forecast period.

Supply Chain Management Market Overview

Maximize Market Research has published a report on the global Supply Chain Management market, providing a comprehensive overview of the market, its dynamics, regional insights, and competitive landscape. The report is a valuable resource for investors and key players, providing insights that can be used to make informed decisions about the market.

Supply Chain Management Market was valued at US$ 28.28 Bn. in 2022 and is expected to reach US$ 56.53 Bn. by 2029, at a CAGR of 10.4% during a forecast period.

Segmentation:

In 2022, the cloud segment held the highest share based on the type of deployment. Cloud computing is growing rapidly to enable not only collaborative transportation management solutions but also other areas of transportation management like event management, network capacity sourcing, full visibility, and freight payment and auditing. Cloud-based business analytics and manufacturing data can be used to reduce manufacturing cycle times, which enhances supply chain management.

by Component

Hardware
Software
Services

Component analysis shows that the Software segment dominated the market in 2022 and is predicted to hold a commanding market share of by 2029. Digital tools that connect resources (people and machines) in real-time, use massive volumes of data from many sources, and use social media for collaboration can now be used to manage the flow of commodities.

by Organization Size Type

On-premises
Cloud

by Enterprise size

SMEs
Large enterprises

The SME segment dominated the market in 2022 and is predicted to hold a strong position by 2029 based on Enterprise size. Growing numbers of government efforts through global digital SME campaigns are predicted to stimulate the expansion of small and medium-sized businesses. The market for supply chain analytics is predicted to be driven by SMEs' use of IT to offer digital services across various business channels.

by Verticals

FMCG
Retail and eCommerce
Healthcare
Manufacturing
Automotive
Transportation and Logistics
Others

Real-time supply chain insight becomes essential for the FMCG supply chain's successful execution and unexpected cost avoidance based on verticals. Inventory management systems are also necessary for this industry since they let end users maintain control over their stock levels and schedule timely delivery. FMCG distributors run the risk of product deterioration, contamination, or damage without proper warehouse management and inventory control. This puts customers at risk and exposes their business to possible fines and infractions of tight food safety laws. FMCG companies gain real-time supply chain intelligence, business analytics, and reduced operating expenses from SCM solutions and services.

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Key Players:

1. SAP SE
2. Oracle Corporation
3. JDA Software Group, Inc.
4. Infor
5. Manhattan Associates
6. Epicor Software Corporation
7. The Descartes Systems Group Inc.
8. HighJump
9. Kinaxis Inc.
10. IBM Corporation
11. Top of Form
12. E2open, LLC
13. Descartes Systems Group
14. WiseTech Global
15. Jaggaer
16. Kewill Systems
17. DassaultSystemes
18. Vanguard Software
19. Amadeus
20. Coupa Software
21. Blue yonder
22. Verizon connect
23. BluJay Solutions
24. SPS Commerce Inc.
25. Zaragoza Logistics Center (ZLC)
26. Melcombe Partners
27. Ikanuki
28. ThoughtWire
29. Via and Voxme Software Inc.
30. Vendorful
31. Smart Software
32. Procure Xperts
33. OdooTec

Supply Chain Management Market Report Scope and Research Methodology

The Supply Chain Management market report provides a comprehensive assessment of the global market, including insights into the industry's stakeholders. The report includes detailed information on the Supply Chain Management market's value, revenue, production, and sales. It clearly shows the historical and current status of the market, as well as the forecasted trends and Supply Chain Management market size.

The report employed several research methodologies to understand consumer behavior, including interviews and surveys. MMR's report is the result of a multi-method study that included Porter's, PESTLE, and SWOT analyses, as well as a bottom-up approach to estimating the Supply Chain Management market size. Primary and secondary research methodologies were used to collect the data for the Supply Chain Management market report. These methods were used to shed light on the key financial considerations of Supply Chain Management key players.

Request for free sample:https://www.maximizemarketresearch.com/request-sample/93915

Supply Chain Management Market Regional Insights

A detailed analysis of all five regions including North America, Asia Pacific, Europe, Middle East and Africa and South America is provided in the Supply Chain Management market report. 

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Key Questions answered in the Supply Chain Management Market Report are: 

  • What is the forecast period of the Supply Chain Management market report?
  • What was the Supply Chain Management market size in 2022?
  • What is the expected Supply Chain Management market size by 2029?
  • What is the expected Supply Chain Management market size by the end of the forecast period?
  • Which segment in the Supply Chain Management market is expected to grow rapidly during the forecast period?
  • Who are the Supply Chain Management key players in the industry? 
  • What key trends are expected to emerge in the Supply Chain Management market during the forecast period?
  • Which region dominated the global Supply Chain Management market? 
  • Which regional market is expected to grow at a high rate during the forecast period?

Key Offerings:

  • A detailed Market Overview
  • Market Share, Size & Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis of segments and sub-segments
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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