U.S (New York) – Report Ocean has recently published a comprehensive research report titled “North America Supply Chain As A Service (SCaaS) Market” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.
The North America Supply Chain as a Service market size was valued at $4,478.20 million in 2017 and is projected to reach $7,854.40 million by 2025, growing at a CAGR of 7.5% from 2018 to 2025. U.S. accounted for the highest share of the North America Supply Chain as a Service market size in 2017 and is projected to remain dominant during the forecast period owing to presence of major market players in the country. In addition, the advancements in transportation and logistics industry is also a major factor fueling the U.S. market. Further, Canada is also expected to attain the highest CAGR for the North America SCaaS Market Share during the forecast period. The growth of Canada is mainly attributed to rise in imports and exports with the U.S.
Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=43347
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.
North America Supply Chain as a Service market trends include significant growth of the retail industry driven by factors such as proliferation of mobile devices and internet penetration in emerging economies with increase in requirement for managing logistics services among several end users. In addition, rise in consumer expectations is expected to fuel the growth of the North America SCaaS Market. Moreover, rise in need of strategic planning and better visibility of inventory allow retailers to allocate stocks and meet the customer requirements, which is expected to fuel the demand for supply chain services. However, security concerns pertaining to enterprise critical information among end users is the major factor that impedes the market growth.
Furthermore, integration of blockchain technology and omni-channel supply chain approach are expected to provide lucrative growth opportunities for the North America Supply Chain as a Service (SCaaS) market. Based on application, the logistics management segment dominated the overall North America supply chain as a service (SCaaS) market in 2017 and is expected to remain dominant during the forecast period, due to increase in need of improving customer service along with reduction in overall expenses of the company. Further, the order management segment is also expected to grow at a rapid pace throughout the forecast years.
Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=43347
Key Findings of the North America SCaaS Market:
Based on component, the solutions segment is expected to exhibit significant share in the North America Supply Chain as a Service (SCaaS) market during the forecast period. Significant number of clients prefer to adopt supply chain service solutions to bring efficiency in supply chain management.
Based on application, the logistics management segment generated the highest revenue share in 2017. With the growth in customer expectations, the need to improve customer services is increasing.
Based on North America Supply Chain as a Service (SCaaS) Market Analysis of the region, the U.S. supply chain as a service industry is anticipated to experience rapid growth during the forecast period due to the presence of major market players in this region. In addition, expansion and ongoing developments in retail, manufacturing, transportation, and other industries are further expected to fuel the North America SCaaS Market growth in coming years.
Some of the key market players profiled in the report include Accenture, CEVA Logistics, DHL International GmbH (Deutsche Post DHL Group), FedEx Corporation, GEODIS (SNCF Mobilits Group), Kuehne+Nagel, TATA Consultancy Services Limited, United Parcel Service (UPS), XPO Logistics, Inc., Zensar Technologies Ltd., and others.
Why Choose Report Ocean Reports?
Uncovering business opportunities: Our market research reports are invaluable for analyzing potential markets and identifying new product opportunities. They provide insights into customer needs, preferences, and attitudes, as well as facilitate product and service comparisons.
Gaining a clear understanding of your customers: Market reports offer a comprehensive understanding of customers’ needs and desires, empowering your company’s marketing department to enhance products, reduce costs, and improve promotional strategies based on this valuable information.
Data-driven insights: Our market research encompasses a broad spectrum of activities, including market size determination, demand forecasting, competitor analysis, and price monitoring. All these aspects are quantified and measurable, providing you with tangible data-driven insights that enable informed decision-making.
Key Highlights:
Revenue and Sales Estimation: Our reports present historical revenue and sales volume data, which is further triangulated using top-down and bottom-up approaches to forecast the complete market size. Additionally, the report provides estimates for key regions, along with well-recognized types and end-use industries. Macroeconomic factors and regulatory policies are also considered for industry evolution and predictive analysis.
Five Forces Analysis: To enhance market understanding, we conduct a comprehensive five forces analysis that includes evaluating the bargaining power of buyers and suppliers, the threat of new entrants, the threat of substitutes, and the level of rivalry within the market.
Competition: We study leading players in the industry based on their company profile, product portfolio, capacity, product/service pricing, sales performance, and cost/profit analysis.
Demand & Supply and Effectiveness: Our reports provide insights into distribution channels, production, consumption, and, if applicable, import and export activities.
Request full Report: https://reportocean.com/industry-verticals/sample-request?report_id=43347
About US Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel: +1888 212 3539 (US – TOLL FREE)
Email: sales@reportocean.com
Visit our news website: https://reportocean.com