SaaS-based SCM: Key market research findings
- Augmented implementation of TMS software
- High adoption by SMEs
Technavio has added a new market research report on the global SaaS-based SCM market, to its supply chain management portfolio. The global SaaS-based SCM market is expected to grow at a CAGR of more than 15% between 2015 and 2019, owing to the increased need for organizations to communicate with employees, customers, partners, suppliers, and various stakeholders. The Americas region dominates this market, occupying around 53% of the total market share. However, both EMEA and APAC will also witness high adoption of cloud models in organization infrastructure over the next four years.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Enterprises are increasingly implementing transportation management system (TMS) software for better performance and efficiency of business processes. Various tools like predictive analytics are being integrated with the TMS software for the improved comprehension of supply-demand cycles and communication between carriers. This helps in both transportation planning as well as supply chain logistics. Organizations are concentrating on combining capacity management with TMS software to benefit the SCM processes,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.
SaaS-based SCM minimises the purchase cycle and encourages high productivity at low operating expenses. SMEs are embracing SaaS-based SCM technology because of its easy implementation and high efficiency. To extend their business operations, the SMEs are investing in SCM software for easy operation using automatic management systems. Moreover, this software meets customer’s requirements in minimum response time.
The key vendors in the global SaaS-based SCM market include Descartes Systems, Infor, JDA Software, and SAP. The market has both SaaS-based and on-premises players and has witnessed many M&A transactions. The acquisitions have allowed vendors to expand their SCM capabilities by enhancing warehouse management, order management, cart management, and customer services.
A more detailed analysis is available in the Technavio report, SaaS-Based SCM Market: Global Research Report 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
- Global SCM BPO Market 2014-2018
- Global Supply Chain Management (SCM) Software Market 2014-2018
- Global SaaS Security Market 2014-2018
- Global SaaS-based Project and Portfolio Management (PPM) Market 2015-2019
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