Cloud Supply Chain Management Market Size Prognosticated to Observe a Living Growth by 2030 performed by a new report | Oracle Corporation, SAP SE, JDA Software Group Inc.

Report Ocean releases its latest report on the global Cloud Supply Chain Management Market. A combination of information gathered from first-hand sources, qualitative and quantitative assessments of industry analysts, and insights from experts and participants across the value chain is used to calculate the global Cloud Supply Chain Management Market.

The global Cloud Supply Chain Management (SCM) market was estimated at 4.4 billion in 2020. The market is expected to reach US$ by 2030 by registering a compound annual growth rate (CAGR) of 20.4% during the forecast period from 2021-2030. 

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Factors Influencing

The global Cloud Supply Chain Management (SCM) market forecasts to gain traction, owing to the increasing demand for product life-cycle management solutions, logistics management, and inventory & warehouse management. 

The primary factor promoting the growth of the global cloud SCM market is the growing adoption of cloud supply chain management (SCM) solutions in the transportation and logistics sector. 

Rising awareness regarding the beneficial aspects of these solutions is also boosting its demand among the population. Cloud SCM solutions are highly beneficial in providing excellent transportation planning and execution. Moreover, it is also profitable because of convenient tracking and managing. Thus, the adoption of cloud supply chain management (SCM) is increasing to track transportation activities. 

Cloud supply chain management declines the freight cost. Moreover, the platform also helps build collaboration between multiple parties or enterprises involved in the business activities. Thus, such profitable factors are forecast to grow the market growth during the analysis period. 

On the contrary, complexities of implementation can further decline the growth of the global cloud SCM market during the forecast period. Apart from that, increasing privacy concerns related to the use of Cloud SCM are expected to slow down the growth of the global cloud supply chain management (SCM) market.

The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.

The reports on the Global Cloud Supply Chain Management Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global Cloud Supply Chain Management Market growth rates.

Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the Cloud Supply Chain Management Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.

Impact Analysis of COVID-19

A detailed study of Covid-19 impacts the Cloud Supply Chain Management Market is provided in the report.

The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Cloud Supply Chain Management Market segments.

While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.

Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The report extensively examines the fundamental aspects of the Global Cloud Supply Chain Management Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the Cloud Supply Chain Management Market provides insight into the factors influencing its growth. This market study breaks down the Cloud Supply Chain Management Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.

Regional Overview

An analysis of the Cloud Supply Chain Management Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the Cloud Supply Chain Management Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global Cloud Supply Chain Management Market are:

Scope of the Report

The global Cloud Supply Chain Management Market segmentation focuses on:

Oracle Corporation
SAP SE
JDA Software Group Inc.
Infor Inc.
Manhattan Associates, Inc.
Descartes Systems Group, Inc.
Kewill, Inc.
Kinaxis, Inc.
Logility, Inc
Other prominent players

By Solution
Transportation management
Procurement and sourcing
Order management
Sales and operation planning
Inventory and warehouse management
Demand planning and forecasting

Cloud Supply Chain Management Market Analysis

By Service
Training and consulting
Support and maintenance
Managed services

By Deployment Model
Public cloud
Private cloud
Hybrid cloud

By Organization Size
Small and Medium Enterprises (SMEs)
Large enterprises

By Vertical
Food and beverage
Healthcare and life sciences
Manufacturing
Retail and wholesale
Transportation and logistics
Others

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This release was published on openPR.