Supply Chain Analytics Market By Software (Spend And Procurement Analytics, Supplier Performance Analytics, Demand Analysis And Forecasting, Inventory Analytics), By Services (Managed Services, Professional Services), By Deployment Model (On-Premises, Cloud) - Growth, Future Prospects And Competitive Analysis, 2019 – 2027

Need to manage a large amount of data is triggering the supply chain analytics market growth.

The global supply chain analytics market is expected to grow with a CAGR of more than 15.0% during the forecast period from 2019 to 2027, starting from US$4.5Bn in 2018. The increasing number of manufacturing facilities, the growing volume of the business data generated by enterprises, and the managing supplier relationships primarily drive the increasing adoption of supply chain analytics tools. Some of the factors driving the growth of the supply chain analytics market include the need for improvement in productivity and reduced operational costs and the rising necessity to maintain and enhance customer satisfaction. Moreover, a greater need to attain sustainable business development is also increasing the adoption of supply chain analytics tools.

However, lack of awareness and low visibility of the real-time data is impacting the supply chain analytics market growth. Also, supply chain analytics is a high-cost product for small-scale and medium-scale enterprises, which is another factor affecting its adoption rate.

Market Synopsis

The software segment expected to lead the supply chain analytics services market over the forecast period

By components, the software segment is expected to witness rapid growth in the global supply chain analytics market. As these solutions are largely adopted in various industries, the market size for supply chain analytics software is gradually increasing. Companies are upgrading their existing solutions and are investing in developing new software solutions to smoothen the processes of their clients. Additionally, the cloud-based model of the supply chain analytics market is expected to witness double-digit growth over the forecast period.

North America to Hold the Major Market Share

Geographically, North America held the largest market share in the global supply chain analytics market in 2018. With growing industrial sectors and the penetration of information technology, these industries are generating a huge volume of data. This data needs to be segregated in an efficient manner which drives the demand for supply chain analytics solutions. However, Asia-Pacific is likely to be the fastest-growing regional segment during the forecast period. The increasing adoption of advanced technologies and the expansion of international players in this region are fuelling the growth of this regional segment.

Some of the leading players operating in the supply chain analytics market include MicroStrategy Inc., IBM Corporation, Oracle, SAP SE, Tableau Software, Accenture, PeopleSoft Inc., Genpact, SAS Institute Inc., and JDA Software Group, among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The global supply chain analytics report provides market size and estimates based on market opportunities and key trends observed in the industry. The report presents a comprehensive assessment of the supply chain analytics market based on software, services, deployment model, and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS

Research Period  2017-2027

The base Year 2018

Forecast Period  2019-2027

Historical Year  2017

Unit  USD Billion

Segmentation Software Segment (2018–2023; US$ Bn)

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

Services Segment (2018–2023; US$ Bn)

• Managed Services
• Professional Services

Deployment Model Segment (2018–2023; US$ Bn)

• On-Premises
• Cloud

Geography Segment (2018–2023; US$ Bn)

• North America (U.S., Canada)
• Europe (U.K., Germany, France)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)

Key questions answered in this report.

• What was the market size of supply chain analytics in 2018, and what is the forecast up to 2023?
• What are the aspects influencing the growth of the market?
• What are the market opportunities, market driving forces, and market risks across different regions?
• Who are the leading players in the supply chain analytics market?
• What are the key administrative regulations and policies affecting the Supply Chain Big Data Analytics Market?

Unique data points of this report

• Statistics on the actual and potential market situation and outlook
• Recent trends across different regions in terms of adoption and market opportunities
• Competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence
• A review of the impact of the administrative regulations and policies on the supply chain analytics market

Frequently Asked Questions: