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Supply Chain Analytics Market by Solution, Deployment Type, Application and Forecast 2018-2025.

08-07-2018 01:22 PM CET | Logistics & Transport

Press release from: Garner Insights

Supply Chain Analytics Market

Supply Chain Analytics Market

Market Overview:
Supply chain analytics gives a meaningful insight to businesses to take well-informed and accurate decisions regarding supply chain processes after proper analysis of raw data. It improves forecasting and efficiency, lowers operational cost, lowers delivery time, keeps track of data and improves productivity. It helps improve business growth and enhances productivity.

The increasing big data is a factor driving market growth. The rising use of cloud computing for data storage and surge in demand for inventory management is fuelling growth of market. Another driver for the market is the need to improve business productivity and supply chain processes by proper supply chain management. Increasing usage of mobile based application solutions are anticipated to create lucrative opportunities for vendors in the market. On the other hand, concerns such as data security, high cost and lack of visibility in businesses is preventing the use of supply chain analytics, affecting market growth. Another factor slowing down market growth is the less of knowledge of supply chain products in developing regions.

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Market Segmentation:
The supply chain analytics market is bifurcated into segments such as solution, deployment type and application.
On the basis of solution, the market is segmented into planning and procurement, manufacturing analytics, transportation and logistics analytics, sales and operations analytics and visualization and reporting. In terms of deployment type, the market is divided into two types mainly cloud based and on-premise. On the basis of applications, the market is divided into retail, healthcare, manufacturing, automotive, aerospace, high technological products and others.

Regional Analysis:
The market is analysed across regions North America, Europe, Asia Pacific (APAC) and Latin America, Middle East and Africa (LAMEA). North America is rising in this market due to the large number of key players in this region. In April 2018, the Canadian branch of Walmart agreed for a new partnership with FourKites for the development and furthering of the company's supply chain visibility and predictive analytics capabilities. Walmart Canada will use FourKites supply chain platform to track the real time location and predictive shipment times across its Canadian operations that span over 400 stores, a number of distributions centers within the region.

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Key Players:
The key players operating in this market are IBM Corporation, Oracle Corporation, SAP SE, Capgemini, Genpact, MicroStrategy, Kinaxis Inc., Birst Inc., Sage Clarity Systems and SAS Institute Inc.

About Us:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Contact Us:
Kevin Thomas
Contact No: +1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

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