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Supply Chain Management Market worth $41.7 billion by 2026 - Exclusive Report by MarketsandMarkets

Supply Chain Management Market worth $41.7 billion by 2026 - Exclusive Report by MarketsandMarkets
Supply Chain Management Market
by Component (Hardware (Barcode and Barcode Scanners and RFID Tags and Readers), Software, and Services), Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region - Global Forecast to 2026 , published by MarketsandMarkets, the Supply Chain Management Market size to grow from USD 23.2 billion in 2020 to USD 41.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period.
Demand for greater visibility and transparency in supply chain data and processes, high growth in eCommerce, increasing adoption of cloud supply chain management among SMEs, and enhancing business continuity by minimizing potential failures are major growth factors for the market. Advances in technologies are making evolution to the supply chain industry and integration of AI capabilities with SCM offerings would pr ....

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Supply Chain Management Market worth $41.7 billion by 2026 - Exclusive Report by MarketsandMarkets™

By component, Software segment to hold the largest market size during the forecast period
SCM software helps in proper planning and management of the entire supply chain by automating processes, such as product development, sourcing, production, and logistics that maximizes the efficiency of business activities. SCM software is used to manage supplier relationships, control business processes, and execute value chain transactions. The demand for SCM software is growing due to the increase in shift of enterprises toward SaaS-based technology, rise in online purchases, and improvements in business intelligence. The adoption of SCM software is increasing among enterprises due to benefits, such as increased efficiency, improved scalability, enhanced decision-making, increased productivity and performance, faster deployments, reduced costs, lower infrastructure cost, better control of critical applications, and a decrease in business downtime and losses. ....

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Supply Chain Analytics Market Size USD 16.82 Billion By 2027 At A CAGR Of 17.9%

Valuates Reports
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BANGALORE, India, Dec. 21, 2020 /PRNewswire/
Supply Chain Analytics Market is segmented by Component (Software and Services), Deployment (On-premise and Cloud), Enterprise Size (Large Enterprises and Small & Medium-sized Enterprises), and Industry Vertical (Automotive, Food & Beverages, Healthcare & Pharmaceuticals, Manufacturing, Retail & Consumer Goods, Transportation & Logistics, and Others). This report is published on
Software Utilities Category. It also covers Global & Regional Opportunity Analysis and Industry Forecast to 2027.
The global supply chain analytics market size was valued at USD 4.53 Billion in 2019 and is projected to reach USD 16.82 Billion by 2027, growing at a CAGR of 17.9% from 2020 to 2027.
Major factors driving the growth of Supply Chain Analytics Market size are, increase in need of improving operational and supply chain efficiencies, the rapid increase in the volume of business data acro ....

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Global Supply Chain Analytics Market Value to Increase by $ 3.64 Billion During 2020-2024 | North America to Emerge as Key Region | Technavio

Global Supply Chain Analytics Market Value to Increase by $ 3.64 Billion During 2020-2024 | North America to Emerge as Key Region | Technavio
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