Global Supply Chain Management Market: Detailed Analysis by Latest Trends, Emerging Size, Share, Sale and Forecast to 2027

Supply Chain Management Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of supply chain management market by by component (solution, services), type (transportation, warehouse, sourcing procurement, planning, manufacturing), user (small, medium, large enterprises), industry vertical (retail consumer goods, logistics, automotive) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the supply chain management market it includes the five years Industry analysis and the 6 years annual forecast from 2020 to 2026.

Some of the prominent participants in the global supply chain management market are The Descartes Systems Group, Manhattan Associates, SAP SE, Oracle, Infor, IBM, Kinaxis, Blue Yonder, Coupa Software, and Other. The global supply chain management market is projected to grow from USD 19.84 Billion in 2021 to USD 40.47 Billion in 2027 with a CAGR of 12.6% over the forecast period of 2021-2027.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2021-2027." 

The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/29366

Supply Chain Management Marke:  Drivers, Restrain and Opportunities

The rise of e-commerce, with its focus on nearly instant small deliveries straight to consumers, is driving the growth of the supply chain management market. A number of strategies such as lean manufacturing and newer approaches such as demand-driven material requirements planning is prove helpful. In addition, supply chain management reduces operating costs. By applying technology, organizations can lower operating costs. For example, managing based on demand keeps organizations from over-producing. This not only reduces labour and raw materials costs but also cuts down on inventory management costs and transportation costs. A rapid technological advancement in the transportation and logistics sector, provide a growing demand for supply chain management solutions. Furthermore, the need for greater transparency and visibility in supply chain processes, is attributing to the growth of the market. The demand for blockchain technology is increasing for supply chain management solutions as it increases the transparency of the supply chain and positively affect the logistics processes. In addition, rising adoption of supply chain management among SMEs, driving the growth of the market.

In addition to this, the integration of AI capabilities with supply chain management (SCM) will provide a lucrative opportunity for SCM vendors in the long run. Moreover, regulatory compliances require very robust supply chain management systems making supply chain management ever more difficult. The U.S., the European Union and others have created, new reporting requirements for large companies that manufacture or handle physical products. These requirements are applied  even if the company engages a third party to manage its supply chain. This imposes a challenge for the supply chain management market. However, growing security and privacy concerns among enterprises are affecting the growth of the market.

Enquire Here Get Customization & Check Discount for Report @ https://www.infiniumglobalresearch.com/reports/customization/29366

North America Dominated the Global Supply Chain Management Market

North America dominated the global supply chain management market and is projected to remain dominant during the forecast period. The rise in spending on transportation & logistics, is boosting the implementation of automation technologies in logistics and supply chain. Furthermore, increasing adoption of supply chain management solutions in transportation management is anticipated to drive the market growth in North America. In addition, rapid urbanization, is contributing to the growth of the supply chain management market in North America.

Supply Chain Management Market: Segmentation

The report on global supply chain management market covers segments such as component, solution type, user type, and industry vertical. On the basis of component, the sub-markets include solution and services. On the basis of solution type, the sub-markets include transportation management system, warehouse management system, sourcing & procurement, supply chain planning, and manufacturing execution system. On the basis of user type, the sub-markets include small & medium sized enterprises, and large enterprises. On the basis of industry vertical, the sub-markets include retail & consumer goods, healthcare & pharmaceuticals, manufacturing, food & beverages, transportation & logistics, automotive, and others.

Browse Complete Report@ https://www.infiniumglobalresearch.com/ict-semiconductor/global-supply-chain-management-market-

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the supply chain management.

=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company. 

 => Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.