Global Supply Chain Analytics Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz, in its upcoming report titled, “Global Supply Chain Analytics Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global supply chain analytics market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global supply chain analytics market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global supply chain analytics market report has been segmented on the basis of solution, deployment type, industry verticals, and region. The global supply chain analytics market was valued at US$ X.X billion in 2016, and is expected to reach US$ X.X billion over the forecast period at a double-digit CAGR of XX.X%.

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Supply chain analytics provide meaning full insights by converting raw business data, which can be used to optimize the supply chain process. Supply chain analytics helps in enhancing productivity, minimizing wastage, inventory forecasting, and to enhance customer relationship. Supply chain analytics can help business attain a stable growth, reduce operational cost and delivery time. Supply chain analytics can be deployed on basis of on-premise and cloud based solutions.

Demand for supply chain analytics solution is primarily driven due to growing need of organizations to improve supply chain operations and to provide low cost sourcing and logistics. Increasing adoption, in sectors such as consumer goods, retail, manufacturing, automotive, healthcare, etc. are other factors expected to drive demand for the global supply chain analytics market. Furthermore, features such as strategic decision making, high statistical forecast accuracy, real-time updates, and enterprise resource management are some other factors expected to drive growth of the global supply chain analytics market during the forecast period.

A major factor hampering growth of the global supply chain analytics market is, lack of awareness in developing region about supply chain analytics products and solutions. In addition, supply chain analytics could be a high cost product for small scale and medium scale enterprises which is another factor hampering growth of the global supply chain market. Moreover, the increasing adoption of mobile applications-based solutions is likely to create opportunities for major vendors in the global market during the forecast period.

North America dominates the supply chain analytics market in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth can be attributed to presence of various leading players in this region. The market in Asia Pacific is expected to register significant CAGR of XX.X% over the forecast period.

Global Supply Chain Analytics Market Segmentation:

Global supply chain management market segmentation by solution:

• Supply chain planning and procurement
• Sales and Operation Planning (S&OP)
• Manufacturing analytics
• Transportation and logistics analytics
• Visualization and reporting tool

Global supply chain management market segmentation by deployment type:

• On-premise
• Cloud-based

Global supply chain management market segmentation by industry verticals:

• Retail
• Consumer packaged goods
• Healthcare
• Manufacturing
• Transportation and logistics
• Aerospace and defense

Global supply chain management market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa