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SaaS-based SCM Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
SaaS-based SCM MarketSupply chain management (SCM) is the centralized management that facilitates the activities of the entire supply chain. This solution is used in supply chain transactions and helps to manage supplier relationships and business processes. It integrates the organization and supply chain together into a single system, and helps end users oversee areas such as warehousing, purchasing, marketing, sales, shipping, and others, which help enterprises to make efficient business decisions. However, the SaaS-based SCM provides complete solution package of various software and services including professional and managed services to augment several supply chain needs such as integrated planning, inventory optimization, operation forecasting, and others. Cost saving deployment models such as hybrid and public clouds have given rise to the adoption of SaaS-based SCM solution among various user groups including SMEs and large enterprises.
The growth of the global SaaS-based SCM market is driven by growth in demand for real-time supply chain analysis, technology progress in supply chain industry, and increase in ICT spending. In addition, the factors such as development of industrial-grade digital technology and upsurge in need for improved supply chain visibility drives growth of the market. Moreover, surge in need for demand management solutions among enterprises and increase in adoption of SaaS-based SCM software in healthcare and pharmaceutical companies further boosts the growth of the market. However, security concern over cloud deployment among enterprises is expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software is expected to create major opportunities for market expansion in the upcoming years.
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The SaaS-based SCM market is segmented on the basis of solution, deployment, user type, industry vertical, and region. By solution, the market is bifurcated into software and services.
By deployment, the market is divided into public, private, and hybrid. By user type, it is bifurcated into large enterprises and small & medium-sized enterprises (SMEs). Depending on industry vertical, it is classified into consumer goods, retail, food & beverages, healthcare & pharmaceuticals, manufacturing, logistics & transportation, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides the profiles of key players operating in the market such as SAP SE, Oracle Corporation, Blue Yonder Group, Inc., Infor, Manhattan Associates, The Descartes Systems Group Inc., HighJump (Korber AG), Kinaxis Inc., and IBM Corporation.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the SaaS-based SCM Market along with current trends and future estimations to elucidate imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of SaaS-based SCM Market for the period 2020-2030 is provided to determine the market potential
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