Press release
Supply Chain Analytics Market Size to Worth USD 30.6 Billion by 2032 | With a 15.5% CAGR
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐๐-๐๐๐๐๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ:
โ The global supply chain analytics market size reached USD 8.1ย Billion in 2023.
โ The market is expected to reach USD 30.6 Billion by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032.
โ North America leads the market, accounting for the largest supply chain analytics market share.
โ Software accounts for the majority of the market share in the component segment due to its importance in supply chain analytics.
โ On-premises hold the largest share in the supply chain analytics industry.
โ Large enterprises remain a dominant segment in the market as they have complex supply chain systems.
โ Manufacturing represents the leading application segment.
โ Rising consumer expectations are a primary driver of the supply chain analytics market.
โ Technological advancements and data availability are reshaping the supply chain analytics market.
๐๐ซ๐๐ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/supply-chain-analytics-market/requestsample
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โ ๐๐๐ญ๐ ๐๐ฏ๐๐ข๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ:
With the availability of data, advanced analytics techniques can be applied. Machine learning (ML) and predictive analytics models can process large datasets to identify patterns, trends, and anomalies. These insights can be used to optimize inventory management, demand forecasting, and logistics. In addition, historical data, often stored in company databases, provides a valuable resource for supply chain analysis. By analyzing past performance, companies can identify areas for improvement, optimize processes, and make more accurate forecasts, which is bolstering the growth of the market.
โ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ญ๐ข๐จ๐ง๐ฌ:
Consumers are expecting faster and more reliable deliveries of products. Supply chain analytics helps companies optimize their logistics and transportation networks to meet these demands efficiently. By analyzing historical data and real-time information, businesses can route shipments more effectively, reducing delivery times. In addition, people are preferring personalized experiences, and this extends to their supply chain interactions. Supply chain analytics allows companies to collect and analyze data on consumer preferences and behaviors. This data can be used to tailor product offerings, packaging, and delivery options, enhancing the overall user experience.
โ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ:
The proliferation of Internet of Things (IoT) devices is revolutionizing supply chain management. IoT sensors are used to collect real-time data on everything from inventory levels to the condition of goods in transit. Supply chain analytics leverages this data for better visibility and decision-making. Moreover, artificial intelligence (AI) and machine learning (ML) algorithms are employed to analyze vast datasets and extract actionable insights. These technologies enable predictive analytics, helping businesses anticipate demand, identify bottlenecks, and optimize routes. AI-driven chatbots and virtual assistants also enhance consumer service and query resolution in the supply chain.
๐๐ฎ๐ฒ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=4520&method=502
๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ:
โ Softwareย
โ Demand Analysis and Forecasting
โ Supplier Performance Analytics
โ Spend and Procurement Analytics
โ Inventory Analytics
โ Transportation and Logistics Analytics
โ Services
โ Professional
โ Support and Maintenance
Software represents the largest segment as it forms the core of supply chain analytics solutions, enabling data analysis, modeling, and decision support.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐๐:
โ On-premises
โ Cloud-based
On-premises account for the majority of the market share due to the preference of organizations to have full control over their analytics infrastructure and data security.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐ ๐๐ข๐ณ๐:
โ Large Enterprises
โ Small and Medium Enterprises
Large enterprises exhibit a clear dominance in the market on account of their more extensive and complex supply chains that require robust analytics solutions to manage effectively.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ:
โ Automotive
โ Food and Beverages
โ Healthcare and Pharmaceuticals
โ Manufacturing
โ Retail and Consumer Goods
โ Transportation and Logistics
โ Others
Manufacturing holds the biggest market share, driven by the rising need for supply chain optimization in manufacturing to reduce costs, improve production efficiency, and ensure timely product delivery.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โ North America (United States, Canada)
โ Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ Latin America (Brazil, Mexico, Others)
โ Middle East and Africa
North America enjoys the leading position in the supply chain analytics market, which can be attributed to its high adoption of advanced technologies and a well-developed logistics and supply chain infrastructure.
๐๐จ๐ฉ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐ก๐๐ข๐ง ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ:
The supply chain analytics market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
โ Axway
โ Capgemini SE
โ International Business Machines Corporation
โ Infor Inc (Koch Industries Inc.)
โ Kinaxis Inc.
โ Manhattan Associates Inc.
โ Microstrategy Incorporated
โ Oracle Corporation
โ QlikTech International AB
โ SAP SE
โ SAS Institute Inc.
โ Tableau Software LLC (Salesforce Inc.)
๐๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
๐๐๐ ๐ญ๐๐๐ก ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/regtech-market
๐๐ฆ๐๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐ฅ๐จ๐จ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/ambulatory-blood-pressure-monitoring-devices-market
๐๐ซ๐๐ ๐ ๐จ๐ซ๐ฆ๐๐ฅ๐๐๐ก๐ฒ๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/urea-formaldehyde-market
๐๐๐๐จ๐ฆ๐๐ข๐ง๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/recombinant-protein-market
๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐ ๐๐๐ญ๐ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/satellite-data-service-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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