logo
logo
Sign in

Supply Chain Analytics Market Size, Share and Global Market Forecast to 2025 | COVID-19 Impact Analysis | MarketsandMarkets

avatar
Siddharth Mnm
Supply Chain Analytics Market Size, Share and Global Market Forecast to 2025 | COVID-19 Impact Analysis | MarketsandMarkets

According to market research report "Supply Chain Analytics Market by Component, Software (Supplier Performance Analytics, Demand Analysis and Forecasting, and Inventory Analytics), Services, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2025", the Supply Chain Analytics Market size is expected to grow from USD 3.5 billion in 2020 to USD 8.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period.

The key factors driving the supply chain industry include increasing volume and velocity of data, need to enhance operation and supply chain efficiencies, and the advent of AI and machine learning into supply chain management.

Browse and in-depth TOC on “Supply Chain Analytics Market”

346 – Tables

59 - Figures

319 – Pages

 

Download PDF@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139106911


Demand Analysis and Forecasting segment constituted the largest market share during the forecast period

The demand analysis and forecasting software is one of the major software in the supply chain analytics market that helps companies forecast the future demands for a product through historical data analysis. Demand forecasting helps the company manage inventory levels during peaks and troughs, thereby ensuring the products are not overstocked or understocked. The demand analysis and forecasting solution facilitate businesses to boost their service levels, shorten cycle times, reduce inventory investment, and minimize obsolescence.

Services segment to grow at a higher CAGR during the forecast period

In component, the services segment is expected to grow at a higher CAGR during the forecast period. Professional services and managed services help enterprises in building successful client relationships by continuously supporting them through business tenure. Furthermore, these services benefit enterprises by maximizing resource usage, improving project execution, and streamlining business operations.

Automotive industry vertical to garner the largest market size during the forecast period

The automotive supply chain industry has seen considerable growth in the past few decades, due to the shifting market conditions, liberalization, cost pressure, and infusion of trending technologies, such as Radio Frequency Identification (RFID) sensors, IoT, built-in test equipment, entertainment systems, and Global Positioning System (GPS) trackers.

Request Bundle Report@ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=139106911

North America to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the overall supply chain analytics market during the forecast period. This region houses some of the major vendors of data analytics specialized in offering supply chain analytics solutions, such as SAS Institute, IBM, Oracle, and Tableau. These players have their headquarters, as well as direct sales offices in the region. Major retail chains across the US and Canada have already embraced analytics in its supply chain processes and are gaining numerous benefits from it.

The Supply Chain Analytics Market comprises major solution providers, such as SAP (Germany), Oracle (US), IBM (US), SAS Institute (US), Software AG (Germany), MicroStrategy (US), Tableau (US), Qlik (US), TIBCO (US), Cloudera (US), Logility (US), Savi Technology (US), Infor (US), RELEX Solutions (Finland), TARGIT (Denmark), Voxware (US), The AnyLogic Company(US), Antuit (US), Axway (US), AIMMS (Netherlands), BRIDGEi2i (India), Domo (US), Datameer (US), 1010data(US), Rosslyn Analytics(UK), Blue Yonder (US), Manhattan Associates (US), and DataFactZ (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Content Source: https://www.marketsandmarkets.com/PressReleases/supply-chain-analytic.asp
Report: https://www.marketsandmarkets.com/Market-Reports/supply-chain-analytic-market-139106911.html

collect
0
avatar
Siddharth Mnm
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more