According to the latest report by IMARC Group, titled “Supply Chain Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global supply chain analytics market size reached US$ 5.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2027, exhibiting a growth rate (CAGR) of 17.89% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Supply chain analytics is a tool used by organizations to improve the decision-making capabilities and enhance the overall operational efficiency by enabling data-driven decisions. It involves the use of various solutions and services, such as supply chain procurement and planning tools, demand analysis and forecasting, supplier performance analytics and other professional services. The analytics solutions are also utilized for order, inventory, warehouse and transport management. Supply chain analytics aid in increasing productivity, improving customer relationships and cross-functional collaboration and optimizing production plans. As a result, they find extensive applications across various industries, such as manufacturing, automotive, healthcare, transportation and food and beverage.
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The global supply chain analytics market is primarily being driven by the widespread product adoption in the manufacturing industry. Supply chain analytics is widely used to improve operation and supply chain efficiencies, identify opportunities for growth and manage the data generated. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML) solutions, are providing a thrust to the market growth. These technologies aid in analyzing and interpreting large datasets quickly, enable enhanced tracking and provide detailed insights regarding consumer behavior. Other factors, including the implementation of various government initiatives to promote business expansion, along with significant growth in the e-commerce industry, are anticipated to drive the market toward growth.
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List of Key Companies Covered in this Market Report:
- Capgemini SE
- International Business Machines Corporation
- Infor Inc (Koch Industries Inc.)
- Kinaxis Inc
- Manhattan Associates Inc
- Microstrategy Incorporated
- Oracle Corporation
- QlikTech International AB
- SAP SE
- SAS Institute Inc
- Tableau Software LLC (Salesforce Inc.)
The report has segmented the market on the basis on region, vehicle type, power source type, application type.
Breakup by Component:
- Demand Analysis and Forecasting
- Supplier Performance Analytics
- Spend and Procurement Analytics
- Inventory Analytics
- Transportation and Logistics Analytics
- Support and Maintenance
Breakup by Deployment Mode:
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium Enterprises
Breakup by Industry Vertical:
- Food and Beverages
- Healthcare and Pharmaceuticals
- Retail and Consumer Goods
- Transportation and Logistics
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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