Supply Chain Analytics Market Global Players: IBM Corporation, Microstrategy, Oracle Corporation, SAP SE, SAS Institute, Capgemini, Genpact, Kinaxis, Tableau Software and Birst

Supply chain analytics is an algorithm that consists of mathematics, statistics, predictive modeling and machine-learning techniques. It helps convert business data including order, shipment, and transactional data of several industries such as, manufacturing, retail & consumer, healthcare, and transportation into meaningful insights.

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Supply chain analytics analyses data to provide accurate forecasting that is in tune with current and future market trends. Moreover, supply chain analytics solution is involved in providing real time analysis for huge data set. Rampant growth of unstructured data set through the data or record management of forecasting, transportation logistics, retail and manufacturing, data or transaction of banks and finance, and business tax are expected to boost the growth of overall supply chain analytics market globally, owing to the requirement of analysis and management of huge unstructured data set in shorter time span, which is labor intensive.

However, data security concern is the factor, which may restraint the growth of global supply chain analytics market.

Supply Chain Analytics Market Taxonomy

On the basis of component, the global supply chain analytics market is segmented into:

-Services
-Solutions

On the basis of deployment mode, the global supply chain analytics market is segmented into:

-Cloud
-On-Premises

On the basis of end user industry, the global supply chain analytics market is segmented into:

-Retail and Consumer Packaged Goods (CPG)
-Healthcare and Life Sciences
-Manufacturing
-High Tech and Electronics
-Automotive
-Aerospace and Defense

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Supply chain analytics market is expected to witness rampant growth due to growing healthcare sector in the near future.

North America region accounted for largest market share of global supply chain analytics market in 2016 due to wide application of supply chain in healthcare sector. Accuracy is one of the major concerns in the healthcare sector. Machine learning have the capabilities to provide more accurate diagnosis and healthcare services, which in turn has augmented demand for supply chain analytics in healthcare sector.

Major players operating in the global supply chain analytics market are IBM Corporation, Microstrategy, Oracle Corporation, SAP SE, SAS Institute, INC., Capgemini Inc., Genpact, Kinaxis INC., Tableau Software, and Birst, Inc.

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