Supply Chain Analytics Market size was valued at US$ 5.24 Bn. in 2021 and the total Supply Chain Analytics revenue is expected to grow at 18.7% from 2022 to 2029, reaching nearly US$ 20.65 Bn.
Supply Chain Analytics Market Overview:
Supply Chain Analytics market landscape has been examined, and all of the key suppliers and application development and delivery developers have been present. Customer-centric methods by businesses, as well as the necessity to handle massive volumes of material, may define the market's future shape. During the projected period (2021-2027), there will be alliances with integration partners to achieve optimal technology, as well as webinars for future trends and insights.
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Supply Chain Analytics Market Scope:
Maximize Market Research report on Supply Chain Analytics Market provides an investigative analysis with a cohesive grasp of the economy's events as well as the consequences of the COVID-19 pandemic. It outlines drivers, challenges, opportunities, trends, and niches that industry leaders may leverage over the projected period (2021-2027).
The report discusses major advancements in the Supply Chain Analytics industry, as well as organic and inorganic growth strategies. Various businesses are concentrating on organic growth tactics such as new launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. With the increased demand, industry participants in the Supply Chain Analytics market are expected to benefit from attractive growth prospects in the future. The following is a list of a few firms involved in the Supply Chain Analytics industry.
Segmentation Analysis:
by Service
• Professional
• Support & Maintenance
The professional segment within Services is anticipated to expand at a CAGR of 6.4% over the projection period.Skilled experts must confirm that the new platforms are compatible with the current systems of various agencies and that the new features are integrated with the old ones, hence fostering segment growth, in order to reduce data theft. Professional services like data analysis and preservation, as well as expert guidance on emerging technologies, are now more in demand. To find patterns that help marketers make better decisions, data scientist teams need specialised skills; as a result, the supply chain industry lacks experienced or qualified services and individuals.
by Deployment
• Cloud
• On-premise
During the projection period, the cloud segment is anticipated to expand at a CAGR of 4.8% by deployment. The rapid adoption of IoT devices brought about by technological development has increased OEM clients' reliance on cloud-based services. Cloud infrastructure gives businesses more flexibility and enables extensive product and service customisation. The industry is turning more and more to big data analytics technology because of the benefits in data security and risk analysis. Supply chain analytics solutions are actively being put on cloud-based platforms due to increased mobility and the ease of use of cloud services.
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Key Manufacturers:
The market research study analyses the market's main stakeholders. Among the key firms highlighted in the study are:
• SAP
• Oracle
• IBM
• SAS Institute
• Software AG
• MicroStrategy
• Tableau
• Qlik
• TIBCO
• Cloudera
• Logility
• Savi Technology
• Infor
• RELEX Solutions
• TARGIT
• Voxware
• The AnyLogic Company
• Antuit
• Axway
• AIMMS
• BRIDGEi2i
• Domo
• Datameer
• 1010data
• Rosslyn Analytics
• Blue Yonder
• Manhattan Associates
• DataFactZ
Regional Analysis:
The report offers a comprehensive overview of the sector, including both qualitative and quantitative data. It gives a global market analysis and prediction based on several segments. It also offers market size and forecast projections for five key regions, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America, from 2021 to 2027.
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COVID-19 Impact Analysis on Supply Chain Analytics Market:
The COVID-19 pandemic has had an impact on markets and consumer behaviour. It has had a significant influence on economies and civilizations alike. The effects of COVID-19 are expected to shift consumer demand to online platforms. This might permanently alter customer behaviour because once individuals get into the habit of purchasing online, it becomes a pattern that is difficult to break, compelling businesses to increase their online presence. COVID-19 has an immediate and extensive influence on consumer behaviour across all industries.
Key Questions answered in the Supply Chain Analytics Market Report are:
- Which is the potential market for Supply Chain Analytics in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the Supply Chain Analytics market in the next seven years?
- What is the projected market size & growth rate of the Supply Chain Analytics Market?
- What segments are covered in the Supply Chain Analytics Market report?
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