The newest research report from Report Ocean, titled “Supply Chain Management Software Market ” Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2023-2030,” presents a comprehensive analysis of the global market. This report offers a detailed examination of future revenue projections, market demands, regional analysis, and other crucial information about the target market, including drivers, restraints, opportunities, and threats. Additionally, the report provides insights into the key companies operating in the market, supply chain trends, financials, significant developments, and technological innovations. It also encompasses future strategies, acquisitions, and mergers that may impact the ASRS industry.
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. 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 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.
According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
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 BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global supply chain management software market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global supply chain management software market from 2016 to 2023 is provided to determine the market potential.
KEY MARKET PLAYERS
SAP
Oracle Corporation
JDA Software Group, Inc.
Infor
Manhattan Associates
Epicor Software Corporation
The Descartes Systems Group Inc.
HighJump
Kinaxis Inc.
IBM Corporation
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
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BY PRODUCT
Transportation Management System
Warehouse Management System
Supply Chain Planning
Procurement Software
Manufacturing Execution System
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Report Scope:
- This report provides a comprehensive segmentation of the market, offering the closest approximations of revenue for the overall market and its sub-segments across different verticals and regions.
- The report enables stakeholders to understand the market’s dynamics and provides valuable information on key drivers, restraints, challenges, and opportunities.
- Stakeholders can gain a better understanding of their competitors and acquire insights to improve their business position.
- The competitive landscape section includes the competitor ecosystem, new product development, agreements, and acquisitions.
Research Methodology:
Research Objectives: This section outlines the overall goals of the research study, including the research questions and hypotheses that will be addressed.
Research Design: This section describes the overall research design, including the research approach (e.g., quantitative, qualitative, mixed-methods), data collection methods (e.g., surveys, interviews, focus groups), and sampling strategy (e.g., random sampling, stratified sampling).
Data Collection: This section outlines the process used to collect data, including the sources of data (primary, secondary), the data collection instruments (e.g., survey questionnaire, interview guide), and the data collection procedures (e.g., data cleaning, coding, entry).
Data Analysis: This section describes the analytical methods used to analyze the data, such as statistical tests, qualitative coding, or content analysis.
Limitations: This section outlines the limitations of the study, including any potential biases, sources of error, or limitations in the data.
Ethical Considerations: This section describes any ethical considerations that were taken into account during the research process, such as obtaining informed consent from participants, protecting participant confidentiality, and minimizing any potential harm to participants.
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