The higher demand for supply chain analytics is driven by the increasing need of managing a huge amount of data gathered from different business operations in order to churn out the insights for effective and optimized supply chain management. In an enterprise, various factors, such as decreasing life cycle of products, lower visibility of supply chain management, lost supplier tracking, maintenance and operations of warehouse and most importantly, the changing demands by the customer, which impacts the whole supply chain.
These are the factors that give rise to the need of supply chain analytics. Moreover, the growing amount of data gathered from industries such as customer behaviors in retail, patient records in healthcare, logistics and transportation and many others are encouraging enterprises to adopt various solutions plying in the supply chain analytics market. These solutions help the enterprises to mark an estimate and in forecast planning of the stock, available shipping transport, warehouse capacity and other.
Another driving factor that helps in the growth of the market includes the growing consumer awareness in terms of the assistance presented by supply chain analytics. This rise in the customer demand and awareness is also expected to adopt supply chain solutions by the enterprises. Also, the cloud service proves to be a major supporter in this market as the deployment of these solutions on the cloud benefits various small and medium enterprises and large enterprises to improve work efficiency, optimality, profitability, and growth rate, by embarking the correct decisions. These solutions enabler the enterprises to take well optimized decision helping the enterprises to increase their position in the current market.
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Major Key Players
- IBM Corporation (U.S.)
- MicroStrategy, Inc (U.S.)
- Tableau Software (U.S.)
- Oracle Corporation (U.S.)
- SAP SE (Germany)
- Accenture PLC (Ireland)
- Genpact (Bermuda)
- PeopleSoft, Inc (U.S.)
- JDA Software Group, Inc (U.S.)
- SAS Institute Inc. (U.S.)
- Infor, Inc (U.S.)
- Manhattan Associates (U.S.)
- On the basis of service the market is segmented into integration and deployment, support and maintenance and consulting.
- On the basis of solution, the market is segmented into supply chain planning and procurement, sales and operations planning, manufacturing analytics, transportation and logistics analytics, visualization and reporting tools.
- On the basis of deployment, the market is segmented into on premise deployment and cloud deployment.
- On the basis of industry vertical, the market is segmented into retail, healthcare, automotive and transportation, aerospace & defense, manufacturing and others.
Europe is dominating the global Supply Chain Analytics Market with highest share of the market and is thereby accounting for the highest revenue. North America closely follows Europe and holds the second largest market. Europe is an advanced region in terms of technology usage, and the growing number of analytic application in industries pertaining to automotive, organized retail, aerospace, and defense sectors and thereby captures a lot of application of supply chain management in this region. Additionally, the European Union as a whole follows the standard regulation regarding supply chain, providing an ease of operation for the manufacturers in the region to integrate analytics.
The Asia Pacific and the Middle East & Africa are indirectly tending towards growth due to factors such as huge development and technological advancement in fields of information technology, and data analytics. These factors are helping Asia Pacific to be the fastest growing market during the forecast period. This growth tends to be due to the high investment by Asian governments in to build advanced infrastructure in terms of retail, transportation and manufacturing. These regions have seen a tremendous growth in the recent years and continuously getting aware towards the analytics technology in various other industrial sectors.
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- Supply Chain Analytics services providers
- IT providers
- Software vendors
- Retail vendors
- Cloud service providers
- Local/Government Agencies
- Cloud Infrastructure Agencies
- Value-added Resellers
- Research Firms
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
List of Tables
Table1 World Population by Major Regions (2017 To 2030)
Table2 Global Supply Chain Analytics Market: By Region, 2017-2023
Table3 North America Supply Chain Analytics Market: By Country, 2017-2023
List of Figures
Figure 1 Global Supply Chain Analytics Market Segmentation
Figure 2 Forecast Methodology
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