Press release
Evolving Market Trends In The SCM Software Industry: Home Depot's Centralization Strategy And SCM Software Solutions Enhance Supply Chain Efficiency
The SCM Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the SCM Software Market Size Expected to Be by 2034?
The demand and size of the SCM software market have surged fast in the past few years. The figures are expected to rise from $58.5 billion in 2024, and hit the mark of $64.98 billion in 2025, following a compound annual growth rate (CAGR) of 11.1%. The substantial growth observed in the historical period can be linked to the burgeoning growth of emerging markets, a surge in demand for SCM software amidst the COVID-19 crisis, and larger-scale internet penetration.
The market size of SCM software is projected to experience substantial expansion in the ensuing years, ballooning to a value of $96.72 billion by 2029, with a CAGR of 10.5%. This forecasted expansion is largely due to the increasing adoption of cloud computing, the surge in the e-commerce sector, and reduced expenses enabled by SCM software. Looking forward, major market trends encompass an emphasis on deploying artificial intelligence in SCM, product innovation, supply-chain tech management as a part of business operations, sustainability solutions, blockchain application in supply chain management, utilization of digital supply chain twin (DSCT), the adoption of 5G tech, a focus on continuous intelligence (CI), enhanced focus on supply chain governance and security, as well as an inclination towards partnerships and collaborations.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3815
What Are the Emerging Segments Within the SCM Software Market?
The SCM software market covered in this report is segmented -
1) By Product: Transportation Management System, Warehouse Management System, Supply Chain Planning, Procurement Software, Manufacturing Execution System
2) By Industrial Vertical: Consumer Goods, Healthcare And Pharmaceuticals, Food And Beverages, Transportation And Logistics, Other Industrial Verticals
3) By User Type: Small And Medium-Sized Enterprises (SMES), Large Enterprises
Subsegments:
1) By Transportation Management System (TMS): Route Optimization Software, Freight Management Systems, Carrier Management Tools
2) By Warehouse Management System (WMS): Inventory Management Software, Order Fulfillment Systems, Labor Management Tools
3) By Supply Chain Planning: Demand Planning Software, Supply Planning Tools, Sales And Operations Planning (S&OP) Solutions
4) By Procurement Software: Supplier Management Systems, E-Sourcing Tools, Contract Management Solutions
5) By Manufacturing Execution System (MES): Production Tracking Software, Quality Management Systems, Shop Floor Control Tools
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3815&type=smp
What Long-Term Drivers Are Shaping SCM Software Market Trends?
The intricacies of today's supply chain can be efficiently tackled by SCM software. As businesses are expanding their reach globally and facing fiercer competition, supply chains are becoming increasingly complicated. There has been a significant surge in the number of suppliers, completed/received orders, variety in product range, and the volume of generated information. By deploying SCM software, this complexity can be minimized and it can also result in reduced costs and resource conservation. The growth of the SCM software market is significantly driven by companies' requirement to stay pertinent in the market amongst the intense competitive environment.
Who Are the Top Competitors in Key SCM Software Market Segments?
Major companies operating in the SCM software market include SAP SE, Oracle Corporation, Panasonic Corporation, Koch Industries, Coupa Software Inc, Kinaxis Inc., Manhattan Associates, E2open LLC, WiseTech Global, JDA Software Group Inc, Epicor Software Corporation, Kewill Systems, BluJay Solutions, Dassault Systèmes SE, Vanguard Software Corporation, IBM Corporation, Blue Yonder, Verizon connect, Infor, Descartes Systems Group, GT Nexus, High Jump, IFS, SPS Commerce, Inc, Pronto Cargo Logistics & Supply Chain, Fox Brazil, Imexlog Logistica Aduaneira Perfect Solutions, Vendorful, Smart Software, OdooTecxii, AxolonERP, Trackmatic
What Are the Latest Developing Trends in the SCM Software Market?
Previously, Home Depot - a leading retailer of home improvement and construction products - maintained distinct logistics management departments in every brick-and-mortar outlet for fulfillment and store management functions. This proved to be expensive since individual stores had to independently organize their own replenishment orders from suppliers. However, upon acknowledging that decentralization of logistics management posed significant challenges, Home Depot opted for the consolidation of these separate entities into a single department at the corporate headquarters. With the strategic use of technology and proper supply chain management software solutions, Home Depot's newly centralized inventory and replenishment department witnessed significant performance enhancements, improved demand forecast precision, and reduced operating costs for replenishment orders.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/scm-software-global-market-report
Which Regions Are Becoming Hubs for SCM Software Market Innovation?
Asia-Pacific was the largest region in the supply chain management SCM software market in 2024. North America was the second largest region of the global supply chain management SCM software market share. The regions covered in the SCM software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the SCM Software Market?
2. What is the CAGR expected in the SCM Software Market?
3. What Are the Key Innovations Transforming the SCM Software Industry?
4. Which Region Is Leading the SCM Software Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Evolving Market Trends In The SCM Software Industry: Home Depot's Centralization Strategy And SCM Software Solutions Enhance Supply Chain Efficiency here
News-ID: 4008164 • Views: …
More Releases from The Business Research Company

Global Serviced Office Market Outlook 2025-2034: Trends, Innovations, And Future …
The Serviced Office Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Serviced Office Market Size and Its Estimated Growth Rate?
In recent times, there has been a phenomenal growth in the market size of serviced offices. The projected growth is from $38.32…

Seeds Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Seeds Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Seeds Market Size During the Forecast Period?
In recent times, the seeds market has seen robust growth. It's projected to expand from $66.41 billion in 2024 to $70.94 billion in 2025, corresponding…

Search Engine Optimization Services Market Anticipated To Witness Robust Growth, …
The Search Engine Optimization Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Search Engine Optimization Services Market?
The market size for search engine optimization services has witnessed substantial growth in the prior years. The industry is expected to…

Government And Space Agency Investments Propel Satellite Bus Market Growth: An E …
The Satellite Bus Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Satellite Bus Market Size During the Forecast Period?
The market size of the satellite bus has experienced significant growth in the past few years. The market is projected to expand from…
More Releases for SCM
SaaS-Based SCM Market 2021 | Detailed Report
The SaaS-Based SCM research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the SaaS-Based SCM research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Get Free Sample PDF (including full…
Cloud SCM Market: Technological Revolution Fueling Market Growth
Global Market Insights, Inc.: The Report 2019-2025 Cloud SCM Market Report explores the essential factors of the market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario.
There is a growing awareness of benefits of cloud SCM market and a rising demand for management solutions among enterprises. Various sectors and industries are adopting cloud-based SCM; for instance, in transportation management. Key factors, such as…
Rethink! Smart SCM 2018
Driving the Transformation of Supply Chain Management
19. - 21. September 2018 | Maritim proArte Hotel Berlin | https://rethink-smart-scm.de/
2,5 tägiger Supply Chain Management Summit
150+ Top-Level SMC Verantwortliche & Logistikleiter
Launch Event: 19. - 21. September 2018
Veranstaltungsort: Maritim proArte Hotel, Berlin
Berlin, 29.06.2018 – Vom 19. – 21. September findet die Rethink! Smart SCM 2018 zum ersten Mal in Berlin statt. Das Strategie & Technologie Event wurde speziell für Supply Chain Verantwortliche &…
Healthcare SCM Market - Healthcare SCM Market 2017- Oracle Corporation, SAP SE, …
With increasing demands for serving high quality healthcare services by end-customers, there have been increasing cost pressures on the healthcare service providers while procuring these services. Consequently, the service providers have been looking for various areas of cost cutting, and supply chain has been factored out to be contributing around one-third of the operating expenses. The supply chain for healthcare involves producers, purchasers and service providers to end-consumers.
Request a Sample…
Hot Business Topics. SCM (Supply Chain Management)
AuraPortal is the most effective tool for the preparation and delivery of ordered goods and services, tailored to each organization's needs
Woburn (Boston), MA, July 08, 2011 - AuraPortal´s (www.auraportal.com) Workflow, information and collaboration capabilities not only encompass providers and suppliers, but also distributors, sales agents, indirect channels, customers, etc. This creates a cohesive environment in all actions and normalizes the results of the entire supply chain.
AuraPortal BPMS provides an innovative…
PharmaTraining React to Increasing Importance of SCM
Aware of the increasing importance of pharmaceutical supply chain management (SCM) within the industry, PharmaTraining is running a two day SCM workshop, at the Window Conference Venue, Islington, London from the 5th – 6th May 2011.
Standon, Staffordshire, March 23, 2011 -- The trainer for the workshop, Hedley Rees, is an expert in the field of supply chain management and author of ‘Supply Chain Management within the Drug Industry’. Hedley has…