New York, NY -- (SBWire) -- 10/21/2020 --In addition, it provides accurate information and an end to end view of supply chain processes. It integrates the organization and supply chain together into a single system, and helps end users oversee areas such as warehousing, purchasing, marketing, sales, shipping, and others, which help enterprises to make efficient business decisions.
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The report provides the profiles of key players operating in the market such as SAP, Oracle Corporation, JDA Software Group, Inc., Infor, Manhattan Associates, Epicor Software Corporation, The Descartes Systems Group Inc., HighJump, Kinaxis Inc., and IBM Corporation.
The growth of the global SCM software market is driven by advancements in industrial-grade digital technology, increase in inclination towards cloud-based supply chain management software, and rise in need for improved supply chain visibility. However, lack of IT infrastructure in the underdeveloped nations and increase in security & privacy concerns are expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software and growth in trend Internet of Things (IoT) are expected to present major opportunities for market expansion in the near future.
The global supply chain management (SCM) software market is segmented on the basis of deployment model, user type, industry vertical, product, and region. Based on deployment model, the market is divided into on-premise and cloud based. By user type, it is bifurcated into small & medium sized enterprises (SMEs) and large enterprises. Depending on industry vertical, it is fragmented into consumer goods, healthcare & pharmaceuticals, retail, manufacturing, food & beverages, transportation & logistics, and others. According to product, it is classified into transportation management system, warehouse management system, supply chain planning, procurement software, and manufacturing execution system. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY MARKET SEGMENTS :
BY DEPLOYMENT MODEL
On-premise
Cloud Based
BY USER TYPE
Small & Medium Sized Enterprises (SMEs)
Large Enterprises
BY INDUSTRY VERTICAL
Consumer Goods
Healthcare & Pharmaceuticals
Retail
Manufacturing
Food & Beverages
Transportation & Logistics
Others
BY PRODUCT
Transportation Management System
Warehouse Management System
Supply Chain Planning
Procurement Software
Manufacturing Execution System
Advancements in industrial-grade digital technology, increase in inclination towards cloud-based supply chain management software, and rise in need for improved supply chain visibility majorly contribute towards the growth of the market. However, lack of IT infrastructure in the underdeveloped nations and increase in security & privacy concerns hamper the growth of the supply chain management software market.
Based on user type, large enterprises segment dominated the global market in 2016, and is expected to continue this trend during the forecast period, owing to increase in adoption of SCM software to integrate these software into their existing software and inventories. Furthermore, the small- & medium-sized enterprises segment is expected to grow at the highest CAGR during the forecast period, owing to surge in adoption of cloud-based SCM software, as it provides cost-effective and efficient solution for SMEs.
The global supply chain management software market was led by the transportation & logistics segment in 2016, and is projected to maintain its dominance during the forecast period. However, the retail segment is expected to witness the highest growth, owing to increase in adoption of SCM software among retailers to gain competitive advantage, due to rise in competition between e-commerce and omnichannel players.
In 2016, the global market was dominated by the supply chain planning segment, and is expected to maintain this trend during the forecast period. However, the warehouse management systems segment is expected to witness the highest growth, owing to rise in demand for extended warehouse management system to support in-store inventory and order management.
Few TOC points :
CHAPTER 6: SCM SOFTWARE MARKET, BY INDUSTRY VERTICAL
6.1. Overview
6.2. Consumer Goods
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast, by region
6.2.4. Market analysis by country
6.3. Healthcare & Pharmaceuticals
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast, by region
6.3.4. Market analysis by country
6.4. Retail
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast, by region
6.4.4. Market analysis by country
6.5. Manufacturing
6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast, by region
6.5.4. Market analysis by country
6.6. Food & Beverages
6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast, by region
6.6.4. Market analysis by country
6.7. Transportation & Logistics
6.7.1. Key market trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast, by region
6.7.4. Market analysis by country
6.8. Others
6.8.1. Key market trends
6.8.2. Key growth factors and opportunities
6.8.3. Market size and forecast, by region
6.8.4. Market analysis by country
Continue....
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Supply Chain Management Software Market Technology, Future Trends, Market Opportunities 2025 & Key Players : HighJump, Kinaxis and IBM Corporation
Supply chain management (SCM) software facilitates the activities of the entire supply chain. SCM software is used in supply chain transactions and helps to manage supplier relationships and business processes.