The global Supply Chain Analytics Market is expected to reach USD 9875.2 Million by 2025. Supply chain analytics completely transforms the business, particularly in the manufacturing, retail, automotive, and FMCG sector. It thus enables business and enterprise owners to land into better decisions. With the wave of digitization, having a strategic advantage turns out to be a boon for businesses; which further creates lucrative opportunities for data handling and analysis. Analytics thus enables automated data crunching at a massive scale for quick delivery on critical insights beneficial for businesses.
The driving factors for supply chain analytics industry include rising awareness among consumers and optimizing needs of consumers to cater to large demand for supply chain analytics. The rise in awareness among consumers regarding benefits of supply chain analytics emphasizes on data and forecast analysis with an objective to enhance the supply chain process.
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In addition, the deployment of supply chain analytic solutions enables the customers to choose for company’s profitability and increase the market share in the long term. However, factors such as inefficacy of supplier networks, surge in cost of warehousing, variation in consumer demands, and redundancy in forecasts is likely to affect the market growth in the forecast period.
By solution, the supply chain analytics market is segmented into procurement and planning, visualization and reporting & sales and operations. By Industry, the supply chain analytics industry is segmented into aerospace & defense, IT & Telecom, retail, pharmaceuticals and life sciences.
Geographical segmentation for supply chain analytics market includes North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific’s supply chain analytics industry is likely to grow at a stupendous CAGR in the forecast period due to availability of large consumer pool and use of business intelligence for operations. In addition, the APAC’s market is likely to gain a positive traction in the forthcoming period owing to presence of small and large manufacturers. North American and European markets are likely to achieve a remarkable CAGR during the forecast period due to the use of analytics and forecast to identify consumer behaviour at large and to monitor the logistics and transportation.
The key players for supply chain analytics market include SAS Institute Inc, SAP SE, IBM Corporation, Oracle Corporation, IBM Corporation, Sage Clarity Systems, MicroStrategy Inc, Oracle Corporation, Genpact Ltd, Birst Inc, Kinaxis Inc, Tata Consultancy Services and Capgemini Inc.
Market Segment:
Solution Scope (Revenue, USD Million; 2014 - 2025)
• Logistics Analytics
• Manufacturing Analytics
• Planning & Procurement
• Sales & Operations Analytics
• Visualization & Reporting
Deployment Scope (Revenue, USD Million; 2014 - 2025)
• Cloud
• On-premise
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End-use Scope (Revenue, USD Million; 2014 - 2025)
• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Transportation
• Aerospace & Defense
• High Technology Products
• Others
Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa (MEA)
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The Supply Chain Analytics Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global Supply Chain Analytics market are Birst Inc., Capgemini SA., IBM Corporation, Kinaxis, Inc., Oracle Corporation, Sage Clarity LLC, SAP SE, SAS Institute, Inc., and Tata Consultancy Services Ltd.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Supply Chain Analytics Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/supply-chain-analytics-market/download-sampleMarket DynamicsThe increasing demand for managing a large number of shipments and distribution of commodities, as supply chain analytics are used for better management of such processes is boosting the market growth of supply chain analytics.
Moreover, increasing awareness among enterprises regarding benefits such as growth, increase in profitability and market share, offered by supply chain analytics is again pushing the market growth.
However, growing concerns for data security across enterprises may hinder market growth.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
Market SynopsisThe availability of various Supply Chain Analytics Software with multiple features can boost the Supply Chain Analytics Market 2020.
Market Research future (MRFR), in its latest “Global Market for Supply Chain Analytics Market” states different factors that can impact the growth of the market.
Several industrialists and experts’ state that the integration of artificial intelligence in supply chain analytics solutions could result in an effective growth strategy that can predict all possible outcomes, thus offer a robust action plan to hand inventory.
The integration can add a competitive advantage to numerous supply chain analytics dealers.
The key players are innovating and investing in R undertakings to avail affordable product portfolio.
In the Middle East and Africa, the supply chain analytics market can achieve a considerable market growth due to the rise in crucial players focusing on investing in supply chain analytics solutions diversification.Market SegmentThe supply chain analytics world market study is based on service, industry vertical, deployment, solution, and service.The service based segments of the market are support, integration and deployment, maintenance, and consulting.
The global Supply Chain Analytics Market is expected to reach USD 9875.2 Million by 2025.
Supply chain analytics completely transforms the business, particularly in the manufacturing, retail, automotive, and FMCG sector.
With the wave of digitization, having a strategic advantage turns out to be a boon for businesses; which further creates lucrative opportunities for data handling and analysis.
However, factors such as inefficacy of supplier networks, surge in cost of warehousing, variation in consumer demands, and redundancy in forecasts is likely to affect the market growth in the forecast period.
By solution, the supply chain analytics market is segmented into procurement and planning, visualization and reporting & sales and operations.
By Industry, the supply chain analytics industry is segmented into aerospace & defense, IT & Telecom, retail, pharmaceuticals and life sciences.
