0
2020
Supply Chain Analytics Market

Supply Chain Analytics Market

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): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A02158
Pages: 269
Oct 2020 | 8457 Views
Author(s) : Vishwa G
Tables: 140
Charts: 79
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Supply Chain Analytics Market

Request Now !

Supply Chain Analytics Market Statistics - 2027

The global supply chain analytics market size was valued at $4.53 billion in 2019, and is projected to reach $16.82 billion by 2027, growing at a CAGR of 17.9% from 2020 to 2027. Supply chain analytics targets to improve operational efficiency and effectiveness by enabling data-driven decisions at strategic, operational, and tactical levels. It incorporates virtually the complete value chain including sourcing, manufacturing, distribution, and logistics. Supply chain analytics helps in increasing productivity, reducing wastage, inventory forecasting, and to improve customer relationship.

Increase in need of improving operational and supply chain efficiencies, rapid increase in volume of business data across various sectors such as manufacturing, retail, transportation, surge in investments for Big Data supporting initiatives by governments, and rise in adoption of Big Data technologies are some of the major factors that drive the global supply chain analytics market growth. However, lack of skilled IT staff and inaccuracies in data are anticipated to restrict the market growth. On the contrary, growth in awareness regarding benefits of supply chain analytics and rise in demand for cloud-based supply chain analytics solutions are anticipated to provide lucrative growth opportunities for the expansion of global supply chain analytics market during the analysis period.

Supply-Chain-Analytics-Market-2020-2027

On the basis of component, the global supply chain analytics software segment is expected to dominate the overall supply chain analytics market size in 2027. This is attributed to advantage of supply chain analytics solution such as reduced inventory costs using smart demand sensing, enabling increased responsive transport logistics, facilitating new sales & operations execution (S&OE) workflows, optimization of workplans, and more. By supply chain analytics software type, the demand analytics and forecasting segment is expected to lead the market during the forecast period, owing to need for analyzing & managing data in inventory levels during peaks and troughs.

According to industry vertical, the retail and consumer goods segment accounted for the highest supply chain analytics market share in 2019, as retail industry’s supplier networks has become more complex across the world. However, the automotive sector is anticipated to witness the maximum growth rate during the forecast period, which further fuel the growth of this segment. 

In 2019, the global supply chain analytics market share was dominated by the North America region, due to high spending on Big Data analytics and strong presence of large companies in retail, manufacturing sectors suppliers in this region. The need to analyze and forecast the budget requirements, inventory planning by analyzing historic trends act as the key driving forces of the North America supply chain analytics market.

Supply Chain Analytics Market
By Component

Your browser does not support the canvas element.

Supply Chain Analytics solution segment is projected as one of the most lucrative segments during the forecast period.

Get more information on this report : Request Sample Pages

The emergence of COVID-19 is expected to have a considerable impact on the growth supply chain analytics market. Thus, use of supply chain analytics across various industries to identify issues across the entire supply chain and helping to plan & adapt changing dynamics is expected to propel the market growth. In addition, with the emergence COVID-19, the use of supply chain analytics will enable companies to analyze business continuity scenarios post COVID-19.

The report focuses on the growth prospects, restraints, and global supply chain analytics market trends. Moreover, the study includes Porter’s five forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the supply chain analytics market growth.

Supply Chain Analytics Market
By Deployment Mode

Your browser does not support the canvas element.

Cloud deployment mode segment is projected to witness highest growth rate during the forecast period.

Get more information on this report : Request Sample Pages

Segment review

The global supply chain analytics market is segmented on the basis of component, deployment, enterprise size, industry vertical, and region. By component, it is divided into software and services. The software segment is further sub categorized into demand analysis and forecasting, supplier performance analytics, spend and procurement analytics, inventory analytics, transportation and logistics analytics, and others.

Depending on deployment, it is categorized into cloud and on-premises. According to enterprise size, the supply chain analytics market is segregated into large enterprises and small & medium enterprises. As per industry vertical, it is fragmented into BFSI, retail, IT & telecom, healthcare, government, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Supply Chain Analytics Market
By Enterprise Size

Your browser does not support the canvas element.

Large enterprises accounted for the highest market share in 2019.

Get more information on this report : Request Sample Pages

The key players operating in the global supply chain analytics market analysis include Oracle, SAP SE, IBM, SAS Institute, Microstrategy, Tableau, Qlik, Infor Inc., Kinaxis Inc., and Manhattan Associates.

Top impacting factors

Increase in need of improving operational and supply chain efficiencies

Companies in various sectors are investing heavily to improve operational & supply chain efficiencies and digitize their business models. The focus of the supply chain function has shifted to advanced planning processes, which comprises analytical demand planning or integrated sales & operations planning, which have become established business processes in many companies. The supply chain function ensures integrated operations from customers to suppliers. The market for supply chain analytics software is expected to grow at a significant rate during the forecast period due to surge in demand for real-time monitoring & supply-demand forecasting. In addition, emergence of trends such as Industry 4.0 and Logistics 4.0 is expected to provide lucrative opportunities for the market expansion. Industry 4.0 is a current trend of automation in manufacturing technologies, and is the combination of traditional manufacturing and industrial practices with the technologies such as cyber-physical systems, Internet of Things (IoT), cloud computing, and cognitive computing.

Supply Chain Analytics Market
By Industry Vertical

Your browser does not support the canvas element.

Retail & consumer goods industry is one of the most significant segments.

Get more information on this report : Request Sample Pages

Rise in adoption of Big Data technologies

The volume of data captured by organization is continuously increasing due to rise in trend of Internet of Things (IoT), social media, and multimedia, which has produced a prodigious flow of data. Machine-based as well as human-generated data are witnessing 10 times faster growth rate than conventional business data. In addition, around 41 billion IoT devices are expected to be available in the global market by 2027, which will collect, analyze, and share this data. Increase in need to store, process, and analyze large volume of structured as well as unstructured datasets has driven many organizations and individuals to adopt advanced & big data analytics, which is likely to drive the growth of the market. Furthermore, due to massive amount of data generation in different industry verticals, investment in Big Data will increase, which, in turn, will fuel the growth of the supply chain analytics market.

Supply Chain Analytics Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 20.8% during 2020-2027.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • This study includes the analytical depiction of the global supply chain analytics market forecast and trends to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and supply chain analytics market opportunity.
  • The current market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the supply chain analytics industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the global market.

Supply Chain Analytics Market Report Highlights

Aspects Details
By Component
  • Solution
  • .Services
By Deployment
  • On-premise
  • Cloud
By Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprises
By Industry Vertical
  • Automotive
  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Manufacturing
  • Retail & Consumer Goods
  • Transportation & Logistics
  • Others
By Region
  • North America  (U.S., Canada)
  • Europe  (UK, Germany, France, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Microstrategy, Tableau Software, Kinaxis, Manhattan Associates Inc., Oracle Corporation, SAP SE, International Business Machines Corporation, Infor Inc., SAS Institute Inc., Qlik technologies .
 

Loading Table Of Content...


 
 

Supply chain analytics is an innovative technology, which is implemented by industries to save cost, augment business growth, and increase customer satisfaction. Need for better supply chain visibility, reduced warehousing costs, changing customer demands and forecast is encouraging the demand for supply chain analytics solutions. Several organizations are implementing solutions to achieve high productivity and enhanced supply chain visibility.

Supply chain analytics offers companies with benefits, such as cost suppression, transportation network design & route optimization, risk management, customer collaboration, inventory optimization, and global integration in their supply chains. Furthermore, the use of IoT devices across industry verticals, such as healthcare, retail, automotive, and manufacturing, generates vast amount of data, which in turn drive the need for implementation of supply chain analytics software among the enterprises across various industries. 

The key players operating in the global supply chain analytics market include Oracle, SAP SE, IBM, SAS Institute, Microstrategy, Tableau, Qlik, Infor Inc.,Kinaxis Inc., and Manhattan Associates. These players have adopted various revenue and business growth strategies to enhance and develop their product portfolio, strengthen their market share, and increase their market penetration.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Supply Chain Analytics Market

Start reading instantly.
This Report and over 19,289+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Oct 2021 - Oct 2022)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2021 - Oct 2022)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2021 - Oct 2022)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2021 - Oct 2022)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2021 - Oct 2022)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers