suriibu864's Blog

SaaS-Based SCM Market Outlook from 2024 to 2031: Trends by Application, by Region, and 14.2% CAGR Forecast

suriibu864's photo
suriibu864
·

5 min read

The "SaaS-Based SCM Market" Insights report offers an in-depth and thorough analysis of the market, covering aspects such as size, shares, revenues, segments, drivers, trends, growth, and development. Additionally, it identifies factors that may limit growth and examines regional industrial presence that could influence market trends beyond 2031.

SaaS-Based SCM Market Report Outline, Market Statistics, and Growth Opportunities

The Software as a Service (SaaS)-based Supply Chain Management (SCM) market is experiencing robust growth, fueled by the increasing adoption of cloud-based solutions, which enhance operational efficiency and data accessibility for businesses. Market conditions indicate a projected annual growth rate of % CAGR from 2024 to 2031, driven by the rising need for real-time analytics, cost reduction, and agile supply chain operations across various industries. However, challenges such as data security concerns, integration complexities with existing systems, and the need for change management in legacy processes may hinder progress. Despite these obstacles, significant opportunities lie in the expansion of artificial intelligence and machine learning technologies, which can optimize supply chain processes and improve decision-making. Moreover, the global shift toward sustainability and the demand for end-to-end visibility in supply chains present lucrative avenues for innovation. As businesses increasingly seek to enhance resilience against disruptions, the SaaS-based SCM market is poised for transformative growth, with emerging players and established vendors alike capturing the shifting landscape through strategic partnerships and technological advancements. Therefore, the future of the SaaS-based SCM market holds promise, balancing challenges with opportunities for further development and innovation.

Get a Sample PDF of the Report: https://www.reliableresearchiq.com/enquiry/request-sample/1682513

Key Companies & Market Share Insights

  • Descartes Systems
  • Infor
  • JDA Software
  • SAP
  • Epicor
  • GT Nexus
  • HighJump Software
  • IBM
  • Inspur
  • Kewill
  • Kinaxis
  • Logility
  • Manhattan Associates
  • Oracle
  • TOTVS

SaaS-based Supply Chain Management (SCM) market players such as Descartes Systems, Infor, JDA Software, SAP, Epicor, GT Nexus, HighJump Software, IBM, Inspur, Kewill, Kinaxis, Logility, Manhattan Associates, Oracle, and TOTVS significantly contribute to the growth of the market through their innovative solutions. These companies offer cloud-based platforms that enhance supply chain visibility, streamline operations, and enable real-time data analytics, helping businesses optimize their logistics and inventory management. With scalable solutions, they cater to diverse industries, ensuring adaptability to changing market demands.

For example, SAP and Oracle, leading players in the market, reported revenues in the range of billions, with SAP posting around $30 billion and Oracle about $40 billion in total revenue. These financial strengths allow them to invest in R&D and customer support, further enhancing their service offerings. As businesses increasingly shift towards digital transformation, the adoption of SaaS-based SCM solutions is expected to rise, driven by the capabilities of these key market players in delivering efficiency, cost-effectiveness, and responsiveness to the supply chain ecosystem.

SaaS-Based SCM Regional Synopsis

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The SaaS-based Supply Chain Management (SCM) market is projected to experience significant growth across various regions. North America, particularly the United States and Canada, is expected to lead the market, contributing approximately 35% of the global share due to advanced technology adoption and strong infrastructure. In Europe, Germany and the . are key players, jointly accounting for around 25% of market valuation. The Asia-Pacific region, with China and India, is anticipated to expand rapidly, holding about 20% share driven by increased digital transformation. Latin America and the Middle East & Africa are also poised for growth, collectively representing the remaining market share, guided by rising investments and demand for efficient supply chain solutions.

|Purchase this Report(Price 3500 USD for a Single-User License): https://www.reliableresearchiq.com/purchase/1682513

Market Segmentation Analysis 2024 - 2031

The SaaS-based supply chain management (SCM) market is typically divided into on-premise and cloud-based solutions. On-premise SCM involves installing software on local servers, offering greater control but requiring higher maintenance costs. In contrast, cloud-based SCM solutions provide flexibility, scalability, and easier access from various devices, reducing infrastructure expenses and promoting collaboration.

Applications of SaaS-based SCM encompass manufacturing planning, sourcing and procurement, supply chain planning, warehouse management, and transportation management. These applications enhance efficiency, optimize inventory levels, improve supplier relationships, streamline logistics, and ensure timely deliveries, ultimately leading to better overall supply chain performance.

Inquire or Share Your Questions If Any Before Purchasing This Report: https://www.reliableresearchiq.com/enquiry/pre-order-enquiry/1682513

In terms of Product Type, the SaaS-Based SCM market is segmented into:

  • On-premise SCM
  • Cloud-based SCM

In terms of Product Application, the SaaS-Based SCM market is segmented into:

  • Manufacturing Planning
  • Sourcing and Procurement
  • Supply Chain Planning
  • Warehouse Management
  • Transportation Management
  • Others

This market Research/Analysis Report Contains Answers to the Following Questions

  • What are the global trends in the SaaS-Based SCM market? 
  • What is the estimated demand for different types of products in SaaS-Based SCM? 
  • What are the upcoming industry applications and trends for the SaaS-Based SCM market? 
  • What are the projections of the global SaaS-Based SCM industry considering capacity, production, and production value? 
  • What factors contribute to the final price of SaaS-Based SCM? 
  • How big is the opportunity for the SaaS-Based SCM market? 
  • How much is the global SaaS-Based SCM market worth? 
  • Who are the major players operating in the SaaS-Based SCM market?
  • Which recent industry trends can be implemented to generate additional revenue streams? 
  • What should be entry strategies, countermeasures to economic impact, and marketing channels for the SaaS-Based SCM industry? 

Get a Sample PDF of the Report: https://www.reliableresearchiq.com/enquiry/request-sample/1682513

Check more reports on https://www.reliableresearchiq.com/