SaaS-based SCM Market Size Worth US$ 14.49 Billion by 2027 | Industry CAGR of 16%

According to IMARC Group's latest report, titled "SaaS-based SCM Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global SaaS-based SCM market reached a value of US$ 6.04 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.49 Billion by 2027, exhibiting at a CAGR of 16% during 2022-2027.

Software-as-a-Service-based supply chain management (SaaS-based SCM) is the software utilized to manage on-premises and on-cloud supply chain processes. It is used to maintain the inventory record, which aids in increasing productivity while eliminating the duplication of work and standardizing processes. The software provides a faster return on investment with a limited workforce and lowers capital expenses and operating costs. It finds application in sourcing and procurement, order management, demand and operations planning and inventory, and warehouse and transportation management.

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Global SaaS-based SCM Market Trends:

The SaaS-based SCM market is primarily driven by the growing adoption of automated and pre-programmed machinery across various organizations and manufacturing units. SaaS-based SCM helps store data on servers to prevent the sudden loss of information in case of uncertainties. The software also provides constant monitoring and operational security that minimizes the cost and overall time taken to produce goods and cater services. Besides this, rapid urbanization, increasing digitization, and expanding logistics and transportation industries have escalated the demand for SaaS-based SCM solutions. Moreover, the market players are focusing on improving SaaS-based SCM solutions to ensure competence and effectiveness. They are also integrating SaaS-based SCM platforms with the Internet-of-Things (IoT) and developing hybrid and pay-as-you-go models.

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List of Key Companies Covered in this Market Report:

Blue Yonder Inc.
Descartes Systems Group Inc.
Epicor Software Corporation (KKR & Co. Inc.)
Highjump Software Inc. (Körber AG)
International Business Machines Corporation
Infor Inc. (Koch Industries, Inc.)
Kinaxis Inc.
Logility Inc. (American Software Inc.)
Manhattan Associates Inc.
Oracle Corporation 
SAP SE.

Report Segmentation:

The report has segmented the market into the following categories

Breakup by Solution:

Software
Services

Breakup by Deployment Mode:

Public
Private
Hybrid

Breakup by End User:

Large Enterprises
Small and Medium Enterprises

Breakup by Application:

Transportation Management
Inventory and Warehouse Management
Sourcing and Procurement Management
Order Management
Demand and Operations Planning
Others

Breakup by Vertical:

Consumer Goods and Retail
Food and Beverages
Healthcare and Life Sciences
Manufacturing
Transportation and Logistics
Others

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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