SaaS based SCM Market to Generate a Revenue of US$ 20.05 billion by 2025 and Grow with a CAGR of 22.7% over the forecast period

SaaS based SCM market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well.

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The SaaS-Based SCM market is expected to grow from US$ 2.65 billion in 2015 to US$ 20.05 billion by 2025 at a CAGR of 22.7% over the forecast period 2016 and 2025.

SaaS is an emerging technology that is transforming traditional on-premise software systems into a modern cloud-based solution globally. Along with reduced efforts of running a process, installing and purchasing software, it also helps an organization minimize its costs and maximize its revenue. Consequently, private organizations across the world have understood the potential behind these services and come up with cloud based services.

The supply chain is one of the key sources of competitive advantage for companies that drive growth in their businesses. Supply chain systems have gained wider and vital importance in the last one or two year as a result of high competition in the product based market. The only distinguishing factor being the service from service providers. A strong supply chain ensures a proper balance between the supply and demand of the product in the market. The software solutions for SCM thus help organizations to reduce their operational costs, increase their productivity, provides them with the flexibility of scaling operations up and down as per the demand in the market.

The supply chain capabilities integrated into the cloud model provide more cost savings to the users of these solutions and benefit is returned to the end consumer. The scope of the supply chain in this report encompasses Supply Chain Planning solutions, Supply Chain Execution solutions, and Manufacturing Execution solutions. The SaaS-based SCM market is expected to witness an aggressive growth in the coming few years. SaaS-based supply chain leverages the power of collaboration across a broader platform that in turn drives a higher level of efficiency for its users thus making a positive impact in the market. The legacy on-premise systems are being replaced with cloud-based models for further cost savings.

Companies Mentioned:

1. Descartes Systems
2. Infor
3. JDA Software
4. SAP
5. Epicor
6. Oracle
7. Manhattan Associates
8. IBM
9. Kewill
10. HighJump Software

Key Elements that the report acknowledges:

Growth rate and market size over the analysis timeframe.

Key factors stimulating and hindering market expansion.

Leading vendors and suppliers of the market.

Exhaustive SWOT analysis of each company.

Detailed PEST analysis by region.

Opportunities and threats faced by the existing vendors in SaaS based SCM market.

Strategic initiatives undertaken by leading players.

SaaS-Based SCM Market Insights

Rapid pace of digitization and the need for cost efficient solution

In the era of automation, programmed machineries play vital role in reducing cost and time taken, to produce goods or to cater services. The users of applications are enabled to have more control over the sensitive data with features like 24/7 monitoring and security.

Rapid digitization has added pressures on the organizations today to rely on cloud-based applications. A cloud-based application can be used to easily scale up or scale down the operations as per the demand being currently witnessed in the SaaS-based SCM market. It handles flexibility to the application users. The flexibility offered by the SaaS model for SCM applications gives a competitive advantage to users by letting them to quickly adjust to the demands of their respective customers and incorporate the necessary changes in the operations efficiently. Users derive high efficiency through this with reduced cost pressures that make them highly competitive in the market.

Demand for a more enhanced solution enabling good traceability and visibility in the supply chain

SaaS applications have the potential to cater services to small, medium and large enterprises efficiently. Cloud-based procurement management systems give all decision makers involved in the supply chain complete visibility and traceability of the inventory needs, the current position of the material being supplied, demand in the SaaS-based SCM market and the most updated cost information about the product. It gives more power and a bird's eye view of the data to the user of the application. Value addition at each node of the supply chain has made it a lot simpler to create benefits for the end-consumer.

Users of SaaS-based SCM applications can see exact inventory counts, do cost comparisons, and track the inventory easily that allows them to make quick decisions. Such benefits have resulted in large adoptions by industry verticals today that is driving the SaaS-based SCM market.

The report segments the global SaaS Based SCM market are as follows:

Global SaaS-Based SCM Market - By Deployment Model

• Private cloud-based SCM
• Public cloud-based SCM
• Hybrid cloud-based SCM

Global SaaS-Based SCM Market - By Solution

• Manufacturing Planning
• Sourcing and Procurement
• Supply Chain Planning
• Warehouse Management
• Transportation Management
• Others

Global SaaS-Based SCM Market - By Industry Vertical

• Transportation & Logistics Services
• Manufacturing
• Retail
• Public Sector
• Distribution

Global SaaS-Based SCM Market - By End User

• Small & Medium Enterprises (SMEs) (=1B )

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers Goods, Chemicals and Materials.

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