{"product_id":"global-supply-chain-analytics-market-2021-2027-by-component-services-deployment-organization-size-industry-vertical-and-geography-igr-competitive-analysis-impact-of-covid-19-ansoff-analysis","title":"Global Supply Chain Analytics Market (2021-2027) by Component, Services, Deployment, Organization Size, Industry Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis","description":"\u003cp\u003eGlobal Supply Chain Analytics Market (2021-2027) by Component, Services, Deployment, Organization Size, Industry Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis\u003c\/p\u003e\n\n\u003cp\u003eIntroduction\u003c\/p\u003e\n\n\u003cp\u003eThe Global Supply Chain Analytics Market is estimated to be USD 5.3 Bn in 2021 and is expected to reach USD 13.95 Bn by 2027, growing at a CAGR of 17.56%.\u003c\/p\u003e\n\n\u003cp\u003eAccuracy in data forecasting and meaningful synthesis of business data are some of the benefits of supply chain analytics. Due to these benefits, it is widely accepted by organizations from all sectors, thus driving the growth of the market. Also, supply chain analytics enable better and strategic decision making, help organizations in strengthening their market position, optimizing the ROI, and accelerating business growth. Hence, awareness and adoption are remarkably high among small and medium enterprises.\u003c\/p\u003e\n\n\u003cp\u003eConversely, factors related to data security are likely to restrain the market growth. Inaccuracies in data sets, implementation challenges are also the restraining factors for supply chain analytics solutions. The growing adoption of mobile-based solutions is expected to open new supply chain analytics opportunities in the market.\u003c\/p\u003e\n\n\u003cp\u003eMarket Dynamics\u003c\/p\u003e\n\n\u003cp\u003eDriversIncreasing Volume of DataNeed to Enhance Operational and Supply Chain EffectivenessTechnological Advancements such as AI and Machine Learning into Supply Chain ManagementRestraintsData Security Concerns Across EnterprisesInaccuracies in Data SetsOpportunitiesIncreasing Adoption of Cloud-Based Supply Chain AnalyticsIncreasing Awareness toward The Adoption of Supply Chain SolutionsChallengesLack of Skilled PersonnelReluctance to Adopt Advanced Analytical TechnologiesTrends:Use of Big Data Analytics in Supply Chain LogisticsSegments Covered\u003c\/p\u003e\n\n\u003cp\u003eBy Component, the Software segment is expected to hold the maximum share of the global supply chain analytics market. The demand for software, such as inventory analytics, demand analysis \u0026amp; forecasting, inventory analytics, and supplier performance analytics, which helps organizations in decision making, would drive the market growth. The demand for demand analysis and forecasting software is rising. It enables companies to forecast future demands for a product through historical data analysis. Thus, demand forecasting helps to manage optimum inventory levels, thereby ensuring the products are not overstocked or understocked.\u003c\/p\u003e\n\n\u003cp\u003eBy Services, the Professional Service segment is estimated to hold the highest market share. Professional service providers provide specific information about niche areas of interest, such as marketing, law, and accounting, thereby permitting enterprises to focus on their core business concerns. As a result, the professional segment is expected to grow over the forecast period. Also, Professional service providers tend to provide the analysis and protection of critical data.\u003c\/p\u003e\n\n\u003cp\u003eBy Deployment, the market can be classified as cloud and on-premises. Amongst all, the Cloud segment is estimated to hold the highest market share during the forecast period. Cloud-based supply chain analytics is preferred due to its features, such as agility, scalability, less implementation time, and cost-efficiency. Also, cloud solutions enable an enterprise to have more control over the server, infrastructure, and systems that can be configured as per the business requirements. These advantages make cloud solutions lead the market.\u003c\/p\u003e\n\n\u003cp\u003eBy Organization Size, Small \u0026amp; Medium Enterprises are estimated to hold the highest market share as the number of SMEs in emerging economies are increasingly implementing robust supply chain analytics solutions to optimize their business capabilities. The growing adoption of IT-based infrastructure by SMEs to enable digital services across different businesses is driving the market.\u003c\/p\u003e\n\n\u003cp\u003eBy Industry Vertical, the Retail and Consumer Goods segment is estimated to hold the highest market share during the forecast period. There is significant growth in the retail industry worldwide. Therefore, this segment has been endorsing supply chain solutions to manage the supply chain and ensure seamless convenience for buyers.\u003c\/p\u003e\n\n\u003cp\u003eBy Geography, North America is projected to lead the market for supply chain analytics market. The factors attributed to the growth of the market are the presence of well-established distribution channels and the modernization of logistics and warehouse operations by retailers in this region. The presence of a large number of solution vendors in this region is also fuelling market growth. Asia Pacific region is also anticipated to witness a high growth rate during the forecast period due to the rapidly growing number of small \u0026amp; mid-size businesses (SMEs) and their increasing expenditure on implementing the latest technologies to expand their business verticals.\u003c\/p\u003e\n\n\u003cp\u003eThe Global Supply Chain Analytics Market is segmented further based on Component, Services, Deployment, Organization Size, Industry Vertical, and Geography.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Supply Chain Analytics Market, By ComponentIntroductionSoftwareDemand Analysis and ForecastingSupplier Performance AnalyticsSpend and Procurement AnalyticsInventory AnalyticsTransportation and Logistics AnalyticsServicesGlobal Supply Chain Analytics Market, By ServicesIntroductionManaged ServicesProfessional ServicesConsulting ServicesSupport and Maintenance ServicesDeployment and Integration ServicesGlobal Supply Chain Analytics Market, By DeploymentIntroductionCloudOn-premisesGlobal Supply Chain Analytics Market, By Organization SizeIntroductionSmall and Medium-sized EnterprisesLarge enterprisesGlobal Supply Chain Analytics Market, By Industry verticalIntroductionAutomotiveRetail \u0026amp; Consumer GoodsF\u0026amp;B ManufacturingMachinery and Industrial Equipment ManufacturingPharmaceuticalsGovernmentEnergy And UtilitiesOthersGlobal Supply Chain Analytics Market, By GeographyIntroductionNorth AmericaSouth AmericaEuropeAsia PacificRest of the WorldCompany Profiles\u003c\/p\u003e\n\n\u003cp\u003eSome of the companies covered in this report are IBM Corporation, Maersk Group, Kinaxis, Capgemini SE, Birst Inc., Aera Technology, Accenture PLC, Oracle Corporation, SAP SE, Infor, SAS Institute, Software AG, Axway Software, etc.\u003c\/p\u003e\n\n\u003cp\u003eIGR Competitive Quadrant\u003c\/p\u003e\n\n\u003cp\u003eThe report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.\u003c\/p\u003e\n\n\u003cp\u003eWhy buy this report?\u003c\/p\u003e\n\n\u003cp\u003eThe report offers a comprehensive evaluation of the Global Supply Chain Analytics Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.\u003cbr\u003e\nThe report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.\u003cbr\u003e\nThe report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.\u003cbr\u003e\nThe report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.\u003c\/p\u003e\n\n\u003cp\u003eReport Highlights:A complete analysis of the market including parent industryImportant market dynamics and trendsMarket segmentationHistorical, current, and projected size of the market based on value and volumeMarket shares and strategies of key playersRecommendations to companies for strengthening their foothold in the market\u003c\/p\u003e","brand":"Technology \u0026 Media","offers":[{"title":"August, 2021 \/ 184 Pages \/ MCW16284691","offer_id":47714793390386,"sku":null,"price":4320.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-supply-chain-analytics-market-2021-2027-by-component-services-deployment-organization-size-industry-vertical-and-geography-igr-competitive-analysis-impact-of-covid-19-ansoff-analysis","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}