Supply Chain Council of European Union |

Supply Chain Analytics Market | Key Players are MicroStrategy Inc., IBM Corporation, Oracle, SAP SE, Tableau Software, among others.

According to a new market research report published by Credence Research “Global Supply Chain Analytics Market  – Growth, Future Prospects, And Competitive Analysis, 2019 – 2027”, the global market for supply chain analytics is expected to grow by more than 15.0 per cent during the forecast period from 2019 to 2027, starting from US$ 4.51 billion in 2018.

Market Insights

The global market for supply chain analytics is growing rapidly due to the growing need to improve the relevance of supply chain activities such as shipments, orders and inventories. In addition, factors such as limiting product life cycles, ineffective supplier networks, redundant forecasts, low supply chain visibility, high warehousing costs and changing customer demands have further stimulated the growth of the supply chain analytics market during the forecast period. The limited awareness regarding supply chain analytics solutions and its applications in developing and underdeveloped regions and high cost for small and medium scale enterprises are some of the factors restricting the growth of the supply chain analytics market?

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Cloud-based models are expected to maintain their market position by continuing to be the highly preferred deployment model for supply chain analytics solutions. Increased adoption of cloud storage across different industrial sectors contributes primarily to the high growth of this market segment. Based on geography, North America holds the largest market share in the forecast period. The main factor attributed to the high market size of the North American regions is the increasing amount of data generated by companies operating in different industries. As digitization is penetrated in almost every industry, companies are also utilizing software solutions that simplify their work process and data management systems. This is also predicted to drive the growth of this market in North America. However, the Asia Pacific market is expected to register significant growth over the forecast period.

Some of the major companies profiled in the report include MicroStrategy Inc., IBM Corporation, Oracle, SAP SE, Tableau Software, Accenture, PeopleSoft Inc., Genpact, SAS Institute Inc., JDA Software Group, among others.

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Report Scope by Segments

By Software Segment

  • Spend and Procurement Analytics
  • Supplier Performance Analytics
  • Demand Analysis and Forecasting
  • Inventory Analytics

By Services Segment

  • Managed Services
  • Professional Services

By Deployment Model Segment

By Geography Segment

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

Credence Research is providing Free Sample Get it here:

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