Supply Chain Analytics Market to See Huge Growth by 2026 | SAP SE, Oracle, IBM Corporation
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Global Supply Chain Analytics Market is valued approximately USD 3.0 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 20.1 % over the forecast period 2020-2027. Supply Chain Analytics aims to enhance operational efficiency and effectiveness by enabling data-driven decisions at strategic, operational and tactical levels. The use of Supply Chain Analytics cuts the operational cost enabling sustainable business growth and increase customer satisfaction. Increasing volume and velocity of data along with need to enhance operation and supply chain efficiencies drives the market growth. For Instance: Verizon in 2017 signed an agreement with Corning to purchase 20 million kilometres of optical fibre each year from 2018 to 2020 with a commitment of USD 1.05 billion purchase per year. While Sprint announced multi yearmultiyear strategic agreements with US broadband infrastructure company like Altice USA in November 2017 and another agreement with Cox Communications in January 2018 to densify its network capabilities. These agreements illustratedemonstrate the growingmounting volume and velocity of data for which higheradvanced communication speed is required. Moreover, Factors such as increasingswelling adoption of cloud-based supply chain analytics and increasinggrowing awareness of supply chain analytics tools among organizations further fuel the market growth. However, dData sSecurity issues impedes the growth of the market over the forecast period of 2020-2027. Although, the advent of Artificial Intelligence (AI) and machine learning into supply chain management would provide lucrative growth opportunities for the market.
The regional analysis of global Supply Chain Analytics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing cloud basedcloud-based adoption and well - established infrastructure in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income and rising number of organizations would create lucrative growth prospects for the Supply Chain Analytics market across Asia-Pacific region.
Major market player included in this report are:
TIBCO Software Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Supplier Performance Analytics
Demand Analysis and Forecasting
By Deployment Model:
By Organization Size:
By Industry Vertical:
Retail and consumer goods
Machinery and industrial equipment manufacturing
Energy and utilities
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Supply Chain Analytics Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Supply Chain Analytics Market, by Region, 2018-2027 (USD Billion)
1.2.2. Supply Chain Analytics Market, by Software, 2018-2027 (USD Billion)
1.2.3. Supply Chain Analytics Market, by Deployment Model, 2018-2027 (USD Billion)
1.2.4. Supply Chain Analytics Market, by Organization Size, 2018-2027 (USD Billion)
1.2.5. Supply Chain Analytics Market, by Industry Vertical, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Supply Chain Analytics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Supply Chain Analytics Market Dynamics
3.1. Supply Chain Analytics Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the Supply Chain Analytics market?
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