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Comprehensive SCM Software Market Forecast 2025-2034: Growth Trends and Strategic Shifts
SCM Software
SCM Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Rapid expansion has been observed in the SCM software market size in the past few years. The market is projected to escalate from $56.83 billion in 2024 to $62.73 billion in 2025, recording a compound annual growth rate (CAGR) of 10.4%. The significant growth during the historic period is a result of the emergent market expansion, the rise in SCM software demand due to COVID-19, and heightened internet penetration.
SCM Software Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated to experience rapid expansion in the forthcoming years, the scm software market is projected to reach $93.35 billion by 2029, boasting a compound annual growth rate (CAGR) of 10.4%. This growth over the forecast period can be linked to the increasing use of cloud computing, the expansion of the e-commerce industry and cost reductions brought about by SCM software. Throughout this forecast period, key trends to monitor include the incorporation of artificial intelligence in SCM, product innovations, prioritizing the management of supply-chain technology in business operations, sustainability measures, the application of blockchain in supply chain management, the inception of the digital supply chain twin (DSCT), the progression of 5G technology, the prominence of continuous intelligence (CI), a heightened emphasis on supply chain governance and security, and a push for partnerships and collaborations.
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What Are the Drivers Transforming the SCM Software Market?
The intricacies of contemporary supply chains can be handled by SCM software. As businesses become more global and competition intensifies, supply chains have become increasingly intricate. Aspects like the quantity of suppliers, accomplished orders, the diversity of products provided, and generated information have all grown significantly. The implementation of SCM software can help diminish these complexities while also conserving costs and resources. The requirement for businesses to stay significant in the face of severe competition is a key driver for the expansion of the SCM software market.
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What Long-Term Trends Will Define the Future of the SCM Software Market?
One of the largest companies providing home improvement and construction items, Home Depot, previously operated independent logistics management departments in all its outlets for handling restock and store administration tasks. This proved to be expensive since each store had to individually process replenishment orders to acquire required supplies from vendors. Addressing the problem of dispersed logistics management, Home Depot moved towards merging these individual departments into a single department located at their corporate headquarters. Supported by technology and the right supply chain management software solutions, the performance of Home Depot's newly centralized inventory and replenishment department elevated, leading to improved demand forecast precision and reduced operational costs associated with replenishment orders.
Which Segments in the SCM Software Market Offer the Most Profit Potential?
The scm softwaremarket 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
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Which Firms Dominate the SCM Software Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in the SCM Software Market?
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
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1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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