Supply Chain Analytics Market size was valued at USD 6.21 Bn. in 2022 and the total Supply Chain Analytics revenue is expected to grow at 18.7% from 2023 to 2029, reaching nearly USD 20.65 Bn.
Supply Chain Analytics Market Overview:
The Supply Chain Analytics Market analysis provides a comprehensive picture of the competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the Supply Chain Analytics Market , as well as the causes for variances in the industry's growth in various places.
Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
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Segmentation:
The professional segment within Services is anticipated to expand at a CAGR of 6.4% over the projection period.Skilled experts must confirm that the new platforms are compatible with the current systems of various agencies and that the new features are integrated with the old ones, hence fostering segment growth, in order to reduce data theft. Professional services like data analysis and preservation, as well as expert guidance on emerging technologies, are now more in demand. To find patterns that help marketers make better decisions, data scientist teams need specialised skills; as a result, the supply chain industry lacks experienced or qualified services and individuals.
During the projection period, the cloud segment is anticipated to expand at a CAGR of 4.8% by deployment. The rapid adoption of IoT devices brought about by technological development has increased OEM clients' reliance on cloud-based services. Cloud infrastructure gives businesses more flexibility and enables extensive product and service customisation. The industry is turning more and more to big data analytics technology because of the benefits in data security and risk analysis. Supply chain analytics solutions are actively being put on cloud-based platforms due to increased mobility and the ease of use of cloud services.
Key Players:
The entire procedure comprises a review of the financial records of the important market participants. Following an evaluation of the total market size, the market was divided into many divisions and sub-segments, which were confirmed by key industry professionals such as CEOs, VPs, directors, and marketing executives. The biggest players in the Supply Chain Analytics Market are as follows:
1. SAP
2. Oracle
3. IBM
4. SAS Institute
5. Software AG
6. MicroStrategy
7. Tableau
8. Qlik
9. TIBCO
10. Cloudera
11. Logility
12. Savi Technology
13. Infor
14. RELEX Solutions
15. TARGIT
16. Voxware
17. The AnyLogic Company
18. Antuit
19. Axway
20. AIMMS
21. BRIDGEi2i
22. Domo
23. Datameer
24. 1010data
25. Rosslyn Analytics
26. Blue Yonder
27. Manhattan Associates
28. DataFactZ
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Supply Chain Analytics Market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Supply Chain Analytics Market :
Due to a break in operations, end-user sectors where Supply Chain Analytics Market are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Supply Chain Analytics Market manufacturers, affecting the development of the Supply Chain Analytics Market in 2020. End-user business demand for Supply Chain Analytics Market has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Supply Chain Analytics Market Report are:
- Which segment had the largest share in the Supply Chain Analytics Market in 2021?
- What is the competitive landscape of the Supply Chain Analytics Market ?
- Which are the key drivers aiding the Supply Chain Analytics Market growth?
- Which region has the maximum share in the Supply Chain Analytics Market ?
- What will be the CAGR of the Supply Chain Analytics Market during the forecast period ?
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