Global supply chain analytics market size and shares are expected to reach approximately USD 7.81 billion by 2024, growing at a CAGR of around 13.80% between 2018 and 2024.
The report covers forecasts and analyses for the supply chain analytics market size on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the supply chain analytics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the supply chain analytics market on a global level.
In order to give the users of this report a comprehensive view of the supply chain analytics market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the supply chain analytics market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The supply chain analytics market has experienced tremendous growth in recent years due to the increasing demand for supply chain visibility by organizations. Stakeholders in the supply chain need real-time information to make informed decisions and remain competitive. Companies are investing heavily in supply chain analytics technology to improve supply chain planning and performance, gain greater insights into supply chain networks, reduce supply chain risks, and optimize the overall supply chain process. Additionally, the emergence of big data and advanced analytics technologies is enabling more efficient supply chains by providing predictive analysis on customer demand, supply forecasting, inventory optimization, and supply network design. The availability of such insights is driving the global supply chain analytics market growth further.
The global supply chain analytics market is projected to grow significantly. This growth is driven by an increasing focus on supply chain optimization, improved visibility across supply chains, and predictive supply chain analytics solutions. Companies are turning to supply chain analytics platforms and software solutions to give them an edge by providing better insights into supply chain management, procurement practices, and production processes while decreasing supply chain inefficiencies. Additionally, manufacturers are leveraging supply chain analytics technology to optimize their delivery capabilities through better transportation planning as well as streamline their warehouse management activities with next-generation improvements including automation. Clearly, the increasing adoption of data-driven supply chain management strategies across many industries is acting as a key accelerator for the global supply chain analytics market.
The supply chain analytics market is segmented based on the solution, end-user, and region. Solution segments included in this market are logistics analytics, manufacturing analytics, sales & operations analytics, supply chain planning and procurement, and visualization & reporting. The end-user segment includes transportation & logistics, manufacturing, retail & consumer goods, healthcare, aerospace & defense, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S., France, the UK, Germany, China, India, Japan, and Brazil.
Report Attributes | Report Details |
---|---|
Report Name | Supply Chain Analytics Market Research Survey Report |
Market Size in 2017 | USD 3.16 Billion |
Market Forecast by 2024 | USD 7.81 Billion |
Compound Annual Growth Rate | CAGR of 13.80% |
Number of Pages | 169 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | IBM Corporation, SAS Institute Inc, SAP SE, Kinaxis Inc, MicroStrategy Inc, Oracle Corporation, Sage Clarity Systems, Birst Inc, Genpact Ltd, and Capgemini Group, among others |
Segments Covered | Solution Segment Analysis, End-User Segment Analysis, Regional Analysis |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2017 |
Historical Year | 2015 - 2017 |
Forecast Year | 2018-2024 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
The report covers a detailed competitive outlook including company profiles of the key participants operating in the global supply chain analytics market. Key players profiled in this report include IBM Corporation, SAS Institute Inc., SAP SE, Kinaxis Inc., MicroStrategy Inc., Oracle Corporation, Sage Clarity Systems, Birst, Inc., Genpact Ltd., and Capgemini Group, among others.
Global Supply Chain Analytics Market: Solution Segment Analysis
Global Supply Chain Analytics Market: End-User Segment Analysis
FrequentlyAsked Questions
The supply chain analytics market is segmented based on the solution, end-user, and region. Solution segments included in this market are logistics analytics, manufacturing analytics, sales & operations analytics, supply chain planning and procurement, and visualization & reporting. The end-user segment includes transportation & logistics, manufacturing, retail & consumer goods, healthcare, aerospace & defense, and others.
Supply Chain Analytics market is growing at a CAGR of around 13.80% between 2018 and 2024
Global supply chain analytics market expected to reach approximately USD 7.81 billion by 2024
USD 3.16 billion size value of the Supply Chain Analytics market in 2017
Leading companies hold the market share in the Supply Chain Analytics market are IBM Corporation, SAS Institute Inc., SAP SE, Kinaxis Inc., MicroStrategy Inc., Oracle Corporation, Sage Clarity Systems, Birst, Inc., Genpact Ltd., and Capgemini Group, among others.
The supply chain analytics market has experienced tremendous growth in recent years due to the increasing demand for supply chain visibility by organizations. Stakeholders in the supply chain need real-time information to make informed decisions and remain competitive. Companies are investing heavily in supply chain analytics technology to improve supply chain planning and performance, gain greater insights into supply chain networks, reduce supply chain risks, and optimize the overall supply chain process. Additionally, the emergence of big data and advanced analytics technologies is enabling more efficient supply chains by providing predictive analysis on customer demand, supply forecasting, inventory optimization, and supply network design. The availability of such insights is driving the global supply chain analytics market growth further.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S., France, the UK, Germany, China, India, Japan, and Brazil.
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