Supply Chain Management Market Share Analysis Report, 2023-2032
The global supply chain management market size was exhibited at USD 22.79 billion in 2022 and is projected to hit around USD 70.22 billion by 2032, growing at a CAGR of 11.91% during the forecast period 2023 to 2032.
Key Pointers:
The key factors driving the market include demand for greater visibility and transparency of supply chain data and processes, and blistering growth in retail and e-commerce. Additionally, technological advancements in the supply chain industry are evolving, and the capabilities of AI and its integration with SCM products offer lucrative opportunities for SCM vendors.
Supply Chain Management Market Report Scope
|
Report Coverage |
Details |
|
Market Size in 2023 |
USD 25.5 Billion |
|
Market Size by 2032 |
USD 70.22 Billion |
|
Growth Rate From 2023 to 2032 |
CAGR of 11.91% |
|
Base Year |
2022 |
|
Forecast Period |
2023 to 2032 |
|
Segments Covered |
By Component, By Solution Type, By Deployment Mode, By Enterprise Size, and By Industry Vertical |
|
Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
|
Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
|
Key Companies Profiled |
SAP, Oracle, Infor, Descartes, Manhattan Associates, IBM, Logility, Kinaxis, Blue Yonder, Körber, Coupa, Epicor, BluJay, OMP, E2open, JAGGAER, Zycus, GEP, Tive, Calista, MOST, Freightify, 4TiGo, Trukky, Lobb, and Others. |
COVID 19 IMPACT
Following the severe disruption caused by the COVID-19 pandemic, businesses across the United States are planning to reassess their supply chain strategies to become more resilient, work together, and connect with customers, suppliers, and other stakeholders. To do so, it will invest more in supply chain technologies such as AI and robotic process automation and reskill its workforce. The demand and supply shocks caused by the US-China trade war and the Covid-19 crisis are forcing manufacturers around the world to reassess their supply chains. Soon, they will be under pressure to increase domestic production, increase employment in their home countries, reduce reliance on unsafe sources of supply, and rethink strategies for lean inventory and just-in-time replenishment.
Supply Chain Management Market Growth Dynamics
Driver: Increasing adoption of cloud supply chain management among SMEs
Modern businesses are mostly dependent on technology, in which large enterprises have their own IT department for managing and maintaining business processes, whereas, most startups and SMEs do not have a proper IT department system on their own. The reason being, it requires extra cost for managing and maintaining an IT department. So, most of the SMEs and startups adopt the cloud based SCM system, where they can reap the benefits of an IT department through a cloud management system without needing to employ extra staff at extra costs. This facilitates in-house employees to focus on day-to-day business operations. The flexibility in storage of the cloud based SCM offers scalability, which is very important for SMEs and will help them with unpredictable growth during the first year of the business operation. In addition, cloud based SCM offers powerful inventory management to SMEs, which is very responsive to the latest business trends. For example, the cloud-based SCM offers cost savings and an attractive pay-as-you-go model, such as real-time payment through the cloud, while buying products that enable SMEs to establish themselves as efficient and competitive players among other enterprises. SMEs can also use the cloud based SCM system to drive corporate strategies that enhance revenue and profits. Hence, the cloud SCM market is estimated to grow during the forecast period, and there are huge opportunities for the cloud supply chain providers due to the high adoption rate by SMEs.
Restraint: Growing security and privacy concerns among enterprises
The enterprises adopting cloud based SCM face security and privacy issues. The enterprises possess confidential data that needs to be protected to avoid data breaches and theft as it may affect the overall reputation of enterprises. The enterprises’ data may leak over the Internet and can be accessed by unauthorized users, which is a growing concern among the enterprises. For example, the cloud-based transportation management system needs multitenant architecture, in which a single version of the software runs on a server that is shared by multiple customers. Hence, there is a possibility that subscribers of an enterprise can view the data of competitors. These security issues relating to the data access by unauthorized users will likely threaten the enterprise data security and competitive business position, as well. Hence, these issues relating to security and privacy increase the growing concern among the enterprises and are restraining the growth of the cloud SCM market during the forecast period.
Opportunity: Advances in technologies are making evolution to the supply chain industry
Advances in information and communications technology are making the evolution of the supply chain more possible. Technologies such as IoT, cloud computing, 5G, blockchain, AI, 3D printing, and robotics are all critical to enabling the digital supply network of the future. For instance, transparency and accountability are key areas of a functional supply chain, enabling real-time tracking. GPS monitors can now track everything from a shipment’s location to its current temperature, providing up-to-the-minute facts that allow logistics professionals to fully understand how their supply chains operate. During the ongoing COVID-19 pandemic, real-time tracking is useful for high-value items and goods. All stages of a shipment’s chain of custody can be mapped and verified using IoT data and device check-ins. As just one example, IoT devices can automatically flag shipments that have left a safe temperature zone and help protect customers from spoiled goods
Challenge: Limited awareness of supply chain management tools
Awareness regarding supply chain management solutions and their benefits is low among healthcare providers. While various supportive initiatives, such as Just-In-Time (JIT) approaches and stockless inventory systems, have been introduced in the market over the years, unlocking the full potential of SCM tools will require increased training on SCM principles, such as improved information and communication within internal departments, information and measurement systems, and enhanced executive support.
Some of the prominent players in the Supply Chain Management Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Supply Chain Management market.
By Component
By Solution Type
By Deployment Mode
By Enterprise Size
By Industry Vertical
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Supply Chain Management Market
5.1. COVID-19 Landscape: Supply Chain Management Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Supply Chain Management Market, By Component
8.1. Supply Chain Management Market, by Component, 2023-2032
8.1.1. Solution
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Service
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Supply Chain Management Market, By Solution Type
9.1. Supply Chain Management Market, by Solution Type, 2023-2032
9.1.1. Transportation Management System
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Warehouse Management System
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Supply Chain Planning
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Procurement And Sourcing
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Manufacturing Execution System
9.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Supply Chain Management Market, By Deployment Mode
10.1. Supply Chain Management Market, by Deployment Mode, 2023-2032
10.1.1. On-premise
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. On-Demand/Cloud-Based
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Supply Chain Management Market, By Enterprise Size
11.1. Supply Chain Management Market, by Enterprise Size, 2023-2032
11.1.1. Large Enterprise
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. SMEs
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Supply Chain Management Market, By Industry Vertical
12.1. Supply Chain Management Market, by Industry Vertical, 2023-2032
12.1.1. Retail and Consumer Goods
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Healthcare and Pharmaceuticals
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Manufacturing
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Food and Beverages
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Transportation and Logistics
12.1.5.1. Market Revenue and Forecast (2020-2032)
12.1.6. Automotive
12.1.6.1. Market Revenue and Forecast (2020-2032)
12.1.7. Others
12.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Supply Chain Management Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Component (2020-2032)
13.1.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.1.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.1.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.1.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Component (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.1.6.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Component (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.1.7.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Component (2020-2032)
13.2.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.2.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.2.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.2.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Component (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.2.7. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.2.8. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Component (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.2.10. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.2.11. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Component (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.2.13. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Component (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.2.15. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Component (2020-2032)
13.3.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.3.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.3.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.3.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Component (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.3.7. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Component (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.3.9. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Component (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.3.10.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Component (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.3.11.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Component (2020-2032)
13.4.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.4.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.4.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.4.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Component (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.4.7. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Component (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.4.9. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Component (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.4.10.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Component (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.4.11.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Component (2020-2032)
13.5.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.5.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.5.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.5.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Component (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.5.7. Market Revenue and Forecast, by Industry Vertical (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Component (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Solution Type (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Deployment Mode (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Enterprise Size (2020-2032)
13.5.8.5. Market Revenue and Forecast, by Industry Vertical (2020-2032)
Chapter 14. Company Profiles
14.1. SAP
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Oracle
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Infor
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Descartes
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Manhattan Associates
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. IBM
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Logility
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Kinaxis
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Blue Yonder
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Körber
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers