In accordance with this study, the Global Supply Chain Analytics Market value registered in 2022 was close to USD 7.12 BN and is predicted to outstretch revenue by USD 28.25 BN in 2030 with a CAGR of 18.8% during the period of 2023-2030.
Supply chain analytics is a method of statistics and machine learning techniques to analyze patterns in order, shipment, and transactional data. The primary purpose of supply chain analytics is to enhance forecasting and efficiency of production & distribution of commodities to meet customer needs. Supply chain analytics helps the enterprise to fulfill customer demand by speed up delivery and also helps in saving cost.
Market Dynamics
The increasing demand for managing a large number of shipments and distribution of commodities, as supply chain analytics are used for better management of such processes is boosting the market growth of supply chain analytics. Moreover, increasing awareness among enterprises regarding benefits such as growth, increase in profitability and market share, offered by supply chain analytics is again pushing the market growth. However, growing concerns for data security across enterprises may hinder market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of Supply Chain Analytics.
Market Segmentation
The study offers a decisive view of the global Supply Chain Analytics market by segmenting it terms of solution, industry verticals, and enterprise size. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Solution
- Logistics Analytics
- Manufacturing Analytics
- Planning & Procurement
- Sales & Operations Analytics
- Visualization & Reporting
By Service
- Professional
- Support & Maintenance
By Deployment
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprises
By End-use
- Retail & Consumer Goods
- Healthcare
- Manufacturing
- Transportation
- Aerospace & Defense
- High Technology Products
- Others
Regional Analysis
This section covers Supply Chain Analytics market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global Supply Chain Analytics market along with the individual application segment across all the prominent region.
Global Supply Chain Analytics Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Supply Chain Analytics market are Accenture PLC, Aera Technology, Birst Inc., Capgemini SA, Genpact Limited, International Business Machines Corporation, JDA Software Group Inc., Kinaxis, Lockheed Martin Corporation, Maersk Group, Manhattan Associates Inc. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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