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Rising need for improved collaborative information-sharing tools and increasing demand for better prescription and predictive decision support
— Emergen Research
VANCOUVER, BC, CANADA, August 1, 2022 /EINPresswire.com/ — According to Emergen Research latest report, titled “Supply Chain Control Tower Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2028”, the global Supply Chain Control Tower market is expected to exhibit a CAGR of 15.9% during 2021-2028. Rising need for improved collaborative information sharing tools and rising demand for better prescription and predictive decision support are some key factors projected to support market revenue growth between 2021 and 2028. In addition, increasing demand for supply chain control towers for supply chain team collaboration will continue to boost revenue growth of the market.
Supply chain control towers provide various levels of collaboration across the supply chain team within the enterprise as well as external resources important to the business. AI-powered resolution rooms can assist in identifying the right professionals to bring along and in providing access to digital playbooks to make decisions quicker. The ability to facilitate cross-functional and cross-organizational collaboration considerably improves an organization’s and particular professionals’ ability to resolve and manage events and disruptions.
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Some Key Highlights from the Report
The analytical segment is expected to register a steady revenue CAGR during the forecast period. An analytical supply chain control tower can deliver useful insights using real-time analytics, and this can assist in the management and monitoring of decisions and execution across functions and enterprises in order to optimize the overall network. Increasing volume of data across supply chains and rising need for a uniform cost-saving solution are expected to increase demand for analytical supply chain control tower solutions.
The supply assurance segment is expected to register a significantly robust revenue growth rate over the forecast period, owing to projected increase in demand for supply chain control tower to aid in ensuring supply availability, on-time delivery of supply, quality of products, quality of service provided by supplier, and supplier continuity.
North America is expected to account for the largest revenue share in the global supply chain control tower market over the forecast period due to robust presence of leading market players, including Infor, Inc., International Business Machines Corporation, Kinaxis, Inc., and o9 Solutions, Inc., among others, in countries of the region.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
SAP SE, Infor, Inc., International Business Machines Corporation, Kinaxis, Inc., o9 Solutions, Inc., Publicis Sapient, Elixia Tech Solutions Pvt. Ltd., Blue Yonder Group, Inc., One Network Enterprises, Inc., and PandoCorp Private Limited.
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Emergen Research has segmented the global supply chain control tower market on the basis of control tower type, application, end-use, and region:
Control Tower Type Outlook (Revenue, USD Billion; 2018–2028)
Operational
Analytical
Application Outlook (Revenue, USD Billion; 2018–2028)
Inventory Management
End to End Supply Chain Management
Supply Assurance
Fulfillment & Order Data Integration
Others
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Retail
Healthcare
Aerospace and Defense
Industrial
Automotive
Manufacturing
Chemicals
Others
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Supply Chain Control Tower market expected to boost the growth of the industry in the coming years.
Market Dynamics:
The report offers insightful information about the market dynamics of the Supply Chain Control Tower market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Supply Chain Control Tower market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Supply Chain Control Tower market.
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Radical Highlights of the Supply Chain Control Tower Market Report:
Comprehensive overview of the Supply Chain Control Tower market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Supply Chain Control Tower market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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The global supply chain control tower market size reached USD 3.60 Billion in 2020
