Supply Chain Management Software Market Size, Growth, Overview, Report 2023-2028

The latest research study "Supply Chain Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global supply chain management software market size reached  US$ 15.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.9 Billion by 2028, exhibiting a growth rate (CAGR) of 12.6% during 2023-2028.

Supply chain management (SCM) software is a platform, program, or set of tools used to manage the flow of data, goods, and finances of an organization. It includes demand forecasting, order processing, collaboration, supplier and warehouse management, logistics, and security solutions. It minimizes costs, increases compliance, mitigates risks, automates major processes, enhances efficiency, and improves visibility, communication, and customer service. As a result, SCM software is widely adopted in automotive, manufacturing, logistics, e-commerce, healthcare, transportation, and retail sectors across the globe.

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Supply Chain Management Software Market Trends and Drivers:

The market is primarily driven by the rising awareness regarding the benefits of supply chain management software solutions. In addition, the widespread adoption of SCM software in e-commerce industry for order tracking, vendor relationships, synchronizing operations, and automating purchase and inventory, is contributing to the market growth. Moreover, the growing application of SCM software in the healthcare sector to streamline medical supply distribution, manage cost control, minimize waste, and supervise the inventory represents another major growth-inducing factor. Besides this, the introduction of artificial intelligence (AI) and the internet of things (IoT) to enhance efficiency, reduce fuel consumption, and increase customer satisfaction are providing a positive thrust to market growth. Furthermore, the increasing demand for SCM software among small and medium-sized enterprises (SMEs) and the aviation industry to manage passenger logistics, aircraft, and crew are creating a favorable market outlook across the globe.

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Supply Chain Management Software Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Blue Yonder Group Inc. (Panasonic Holdings Corporation), Epicor Software Corporation, Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Kinaxis Inc., Korber AG, Manhattan Associates, Oracle Corporation, SAP SE and The Descartes Systems Group Inc.

The report has segmented the market on the basis of solution type, deployment mode, organisation size and industry vertical.

Breakup by Solution Type:

• Transportation Management System
• Warehouse Management System
• Supply Chain Planning
• Procurement and Sourcing
• Manufacturing Execution System

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by Organisation Size:

• Small and Medium-sized Enterprises
• Large Enterprises

Breakup by Industry Vertical:

• Retail and Consumer Goods
• Healthcare and Pharmaceuticals
• Manufacturing
• Food and Beverages
• Transportation and Logistics
• Automotive
• Others

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Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance 
• Market Outlook 
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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