This market research report includes a detailed segmentation of the global SCM market by application (SCP, procurement, MES, WMS, and TMS), by end-user (manufacturing, services, retail, and others), and by deployment model (cloud and on-premise). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are SAP, Oracle, JDA Software, Manhattan Associates, and Epicor.
Technavio’s market research analysts estimate the global SCM market, to grow at a CAGR of 11% between 2016 and 2020. The need to improve supply chain visibility and the desire for better transparency of orders, inventory, and shipment information, has driven the growth of the SCM market. The Americas dominate the global market for SCM, occupying around 50% of the total market share. Increasing need among organizations to reduce the operational costs and improve decision-making is propelling the growth of SCM market in this region.
The new market research report from Technavio provides a breakdown and analysis of the SCM segments by technology.
“One of the major trends gaining prominence in this market is the increase in demand for transportation management system (TMS) software. TMS software is preferred as it better execution and efficiency of business processes. Vendors are integrating predictive analytics tools within this software to gain a better understanding of supply-demand cycles and communication between shippers and carriers. This helps them in transportation planning and supply chain logistics. Vendors are also collaborating capacity management software with TMS software, owing to increase in demand for SCM software,” says Amrita Chaudury, Lead Analyst, ICT, Technavio Research.
The supply chain planning (SCP) segment holds the highest share in the global SCM software market with a market share of almost 35%. Much of this segment’s growth is driven by the need for inventory planning. At present, enterprises use SCP software for demand planning, inventory planning, and asset planning. Moreover, the high demand emerging from developing countries in the APAC region is driving the growth of this segment.
The leading vendors in the global SCM market include SAP, Oracle, JDA Software, Manhattan Associates, and Epicor. The presence of a large number of providers in the global SCM market increases the competition in the market. Therefore, providers are required to ensure the efficiency and management of various aspects of SCM to gain a competitive edge and retain their market positions. Besides, there has been a lot of acquisitions during 2015, and this trend is expected to increase over the forecast period.
A more detailed analysis is available in the Technavio report, Global SCM Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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