Press release
Digital Transformation in Supply Chain Market 2023-2030 is Booming Worldwide | Top Players are Oracle, IBM, Gartner
The size of the global market for digital transformation in supply chain was estimated to be $49.3 billion in 2022 and is anticipated to increase to $124.7 billion by 2030, with a CAGR of 13.2% from 2023 to 2030. The adoption and integration of data-driven processes, digital technology, and sophisticated analytics to optimize and streamline supply chain operations is referred to as the "digital transformation in supply chain market." Utilizing technologies like the Internet of Things (IoT), artificial intelligence (AI), blockchain, big data analytics, cloud computing, and automation, the supply chain is undergoing a digital transformation that will improve visibility, efficiency, and collaboration throughout the entire supply chain, from purchasing to distribution.
Due to a number of factors, the market for supply chain digital transformation has seen tremendous expansion. First off, organizations are investing in digital technologies to gain a competitive edge due to the growing complexity of global supply chains and the requirement for real-time insight and decision-making. Second, the COVID-19 pandemic accelerated the adoption of digital technologies that may minimize interruptions and improve supply chain performance by highlighting the significance of robust and agile supply chains. The market study may go in-depth on topics like market size, historical and anticipated growth rates, market segmentation by industry sectors, digital technologies, and important players in the sector. The application of predictive analytics, the integration of digital twin concepts for simulation and optimization, and other new themes could also be included.
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Major players in the market include Capgemini, McKinsey & Company, Gartner, IBM, Tata Consultancy Services, Oracle, EMC Corporation, Cognizant, HCL, Wipro Ltd, SAP SE.
The comprehensive market report for Digital Transformation in Supply Chain conducts thorough market research to support clients in making investment predictions in a rapidly growing market, expanding their market share, or achieving success with new products. This credible report simplifies various insights about the Digital Transformation in Supply Chain market using reliable marketing tools and techniques. Graphs and charts are utilized to present data in a clear and concise manner, enhancing comprehension of the provided facts and figures. The Digital Transformation in Supply Chain Market report employs advanced approaches and the latest technology to generate optimal results. It identifies and analyzes emerging trends, major drivers, restraints, challenges, and opportunities within the industry.
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Global Digital Transformation in Supply Chain Market: Segmental Analysis
The global Digital Transformation in Supply Chain market has been segmented on the basis of type and application.
Digital Transformation in Supply Chain Market by Type:
Digital Content Management
Digital Asset and Intellectual Property Management
Distribution and Tracking Solutions
Production and Planning System
Customer Relationship Management (CRM)
Digital Rights and Royalties Management
Others
Digital Transformation in Supply Chain Market by Application:
Manufacturing
Retail & CPG
Automotive
Others
Countries Covered:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The Digital Transformation in Supply Chain Market report is generated through systematic data collection and analysis, including research on individuals, organizations, and social opinions. The global Digital Transformation in Supply Chain Market is categorized based on type and application. Players, stakeholders, and other participants in the global market can leverage this research as a valuable resource to gain a competitive edge. The segmental study focuses on production capacity, revenue, and forecasts by type and application for the years 2023-2030.
Digital Transformation in Supply Chain Market Challenges and Risks:
The digital transformation in the supply chain market faces several challenges and risks. Firstly, legacy systems and siloed data hinder seamless integration and data visibility across the supply chain. Overcoming interoperability challenges requires robust integration frameworks and standardized protocols. Secondly, ensuring data security and privacy in the digital supply chain is crucial to protect against cyber threats and maintain trust. Thirdly, market competition is intense, with multiple solution providers offering similar digital transformation offerings, leading to price pressure and reduced profit margins. Additionally, resistance to change, organizational culture, and skill gaps pose risks to successful adoption. Successful players must prioritize integration, security, innovation, change management, and customer satisfaction to thrive in this market.
Scope of this Report:
• This report segments the global Digital Transformation in Supply Chain market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
• The report helps stakeholders understand the pulse of the Digital Transformation in Supply Chain market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
#Customization Service of the Report:
Infinity Business Insights provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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Table of Content: Digital Transformation in Supply Chain Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Digital Transformation in Supply Chain market
Chapter 2: Exclusive Summary - the basic information of the Digital Transformation in Supply Chain Market
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Digital Transformation in Supply Chain Market
Chapter 4: Presenting the Digital Transformation in Supply Chain Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 5: Displaying the by Type, End User and Region/Country 2017-2021
Chapter 6: Evaluating the leading manufacturers of the Digital Transformation in Supply Chain market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Digital Transformation in Supply Chain Market is a valuable source of guidance for individuals and companies.
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
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