This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Supply Chain Analytics Market

Market Insights on Supply Chain Analytics covering sales outlook, demand forecast & up-to-date key trends

Supply Chain Analytics Market: Global Industry Analysis and Opportunity Assessment 2022-2032

Supply Chain Analytics Market- Market Outlook

The global supply chain analytics market size is worth US$ 6.11 Bn in 2022. The market is projected to witness a robust CAGR of 17.5% over the forecast period to arrive at a market valuation of US$ 30.65 Bn by 2032. The rapid growth of the market over the forthcoming years can be credited to the growing awareness pertaining to the potential advantages of using supply chain analytics

The market for supply chain analytics is being driven by the surging number of small as well as medium enterprises and their expanding expenditure on deploying analytics to substantiate their market position while competing with their counterparts. For instance, Infosys Limited introduced a customized medicine solution to be used in the pharmaceutical industry in June 2020. The solution uses SAP S/4HANA, SAP Analytics Cloud, SAP C/4HANA suite, and SCI platform solutions to equip pharma companies to efficiently address business as well as regulatory requirements in addition to providing patients with personalized experiences.

By deploying supply chain analytics, firms enhance their decision-making faculty. By utilizing the obtained insights, supply chain analytics solutions help in strategic decision-making and help enterprises invigorate their market position, optimize ROI, and accelerate growth. For instance, in 2020, Kinaxis acquired a firm named Rubikloud, which provides AI solutions in Consumer Packaged Goods (CPG) as well as retail industries. With this acquisition, the former company aims to enhance its product portfolio for CPG clients.

With the help of SCA, organizations get a broad perspective of supply chain activities, permitting them to effectively handle issues that may hinder the sustainability or profitability of the business in the long run. Mobile-based solutions assist companies in tracking inefficient supplier networks, incorrect forecasts, and escalated warehousing costs, among others. Additionally, analytics solutions also help in analyzing business processes that may help enhance inventory management, thereby reducing associated cost factors that may hamper business growth.

Lately, an upsurge in investment in mobile-based solutions is anticipated to create opportunities for market growth. Further, the growing demand for supply chain analytics solutions in the manufacturing sector to enhance processes as they assist in providing real-time data access across the value chain and exhibit the changes made to any process in the organization or to any region in real-time.

Furthermore, the rising customer demand, in addition to the need to ascertain availability and timely delivery of the product, is driving improvements in the supply chain processes, thus propelling the market growth of supply chain analytics.

The growing demand to optimize resource deployment and costs offered by the sales and operations analytics solutions is aiding the market growth. End users are adopting customized and flexible supply chain analytics solutions that meet the dynamic requirements of the client while ensuring cost efficiency.

Supply Chain Analytics Market Value (2022)

US$ 6.11 Bn

Supply Chain Analytics Market Forecast Value (2032)

US$ 30.65 Bn

Supply Chain Analytics Market CAGR (2022-2032)

17.5%

Supply chain optimization remains a top priority for organizations trying to cut operational cost, sustain business growth and increase customer satisfaction. Major factors such as low supply chain visibility, shortening product life cycles, high warehousing costs, inefficient supplier networks, ineffective forecasts, and changing customer demands are making supply chain optimization a challenging task for enterprises.

Deploying supply chain analytics solution help attain top-line growth, enhance profitability and increase market share by receiving key insights that further help end-users make data driven decisions, and provides an integrated view of the supply chain. Such solutions provide executives with a 360 degree visibility into the value chain/supply chain and help reducing inventory cost, accelerating time to market for products, improves sustainability and profitability in the long run.

Customize this Report

Let us know your requirement to get
100% FREE customization

Supply Chain Analytics Market: Drivers and Restraint

Increasing amount of business data and the need for effective database management tools for converting the same into a valuable asset by varied end-user verticals is accelerating the growth of supply chain analytics market across the globe.

Rising awareness regarding potential benefits of supply chain analytics such as high statistical forecasting accuracy, and real-time updates across developed regions are further anticipated to boost the growth of supply chain analytics market during the projection period.

However, lack of awareness regarding supply chain analytics products and services in developing regions is expected to restrain the growth of supply chain analytics market. Furthermore, budgetary constraints amongst enterprises is likely to deter the progression of supply chain analytics market amidst the forecast period 2016-2026.

Supply Chain Analytics Market: Segmentation

Supply chain analytics market is segmented on the basis of type, deployment model, vertical and region. On the basis of type, supply chain analytics market can be segmented into solution and service. The solution segment can be sub-segmented into supply chain procurement & planning tool, demand, capacity & operations planning tool, manufacturing analytics, inventory planning & optimization analytics tools, transportation & logistics analytics, and scheduling & reporting tools.

By service, supply chain analytics market can be further sub-segmented into implementation & integration service, consulting service, support service and managed service. On the basis on vertical the supply chain analytics market can be segmented into public sector, retail, manufacturing, transportation & logistics, healthcare, and other verticals. Regionally, supply chain analytics market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Sudip Saha
Sudip Saha
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Supply Chain Analytics Market: Regional Outlook

Supply chain analytics market is witnessing robust growth and is expected to witness double digit CAGR during the forecast period. North America was the dominant regional market in 2015 followed by Western Europe. These two regions combined represented market share of more than 40% in 2015, but are expected to lose their share to some extent to other regions during the forecast period. Asia Pacific is expected to exhibit highest growth rate among all the regions.

Supply Chain Analytics Market: Competition Landscape

The key vendors in the supply chain analytics market include IBM Corporation, Oracle Corporation, SAS Institute Inc., SAP SE, Capgemini SA, Tableau Software Inc., Entercoms Inc., Birst Inc., Demand Solutions Group LLC, Tata Consultancy Services Ltd and Kinaxis Inc. Major vendors operating in the supply chain analytics market enhance their market share by investing significantly on sales channels across the globe.

Furthermore, collaborating with other players in the supply chain analytics market is another strategy followed by major market vendors to gain competitive edge.

MarketNage
Become a MarketNgage Insider

A unified Market Research Subscription Platform, built for today's disparate research needs.

The report covers exhaustive analysis on

  • Supply Chain Analytics Market Segments
  • Supply Chain Analytics Market Dynamics
  • Historical Actual Market Size, 2013 - 2015
  • Supply Chain Analytics Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Supply Chain Analytics Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Supply Chain Analytics Market Drivers and Restraints

Regional analysis for Supply Chain Analytics Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Sudip Saha
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Technology Insights

View Reports

Recommendations

Technology

Dark Analytics Market

Published : July 2017

Technology

Geospatial Imagery Analytics Market

Published : December 2016

Google translate

Supply Chain Analytics Market