Global Supply Chain Analytics Market is expected to reach USD
9.87 billion by 2025, according to a new study by Grand View Research, Inc.
The growing need to manage a large amount of business data and use derived
insights is optimizing the demand for supply chains. The increasing awareness
among consumers regarding the benefits offered by supply chain analytics has
encouraged organizations across various industries to adopt analytic solutions
with an objective to improve perceptibility levels across the entire supply
chain enablers.
The deployment of supply chain analytics solutions helps
customers to enhance their company’s profitability, achieve growth, and
increase market shares by utilizing the derived insights for taking strategic
decisions. Moreover, these solutions offer a holistic view of the supply chain
that helps in enhancing sustainability, improving profitability, reducing
inventory cost, and accelerating the time-to-market for products in the long
run.
Furthermore, factors such as shortening product life cycles,
low supply chain visibility, ineffective supplier networks, elevated
warehousing costs, redundant forecasts, and fluctuating customer demands are
responsible for the rising necessity of supply chain optimization, thereby
driving growth of the market.
Full Research Report on Global Supply Chain Analytics
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/the-global-supply-chain-analytics-market
http://www.grandviewresearch.com/industry-analysis/the-global-supply-chain-analytics-market
Further key findings from the study suggest:
- The
sales & operations analytics segment dominated the solution market in
2016. However, the visualization & reporting segment is expected to gain
dominance by growing at a CAGR of 18.9% over the next eight years.
- Cloud
deployment is expected to remain the most preferred method of deployment
in the supply chain analytics. This segment is expected to grow
substantially at a CAGR of 17.1% over the forecast period.
- The
manufacturing segment experienced the highest application in 2016.
However, the high technology product segment is expected to grow at the
highest CAGR of 18.9% over the next eight years.
- The
manufacturing and retail & consumer goods segments are predicted to
grow at a higher rate, majorly due to reduction in the cost of supply
chain in an attempt to reduce the overall product cost.
- North
America was the dominant regional market in 2016, which is attributed to
the presence of a large number of supply chain analytics service providers
in the region.
- Asia
Pacific is expected to emerge as the largest market by 2025 and attain a
market size of USD 2,646.6 million over the forecast period.
- The
key industry participants operating in the market are SAS Institute Inc.,
SAP SE, IBM Corporation, Oracle Corporation, Sage Clarity Systems, Kinaxis
Inc., MicroStrategy Inc., Genpact Ltd., Capgemini Group, and Birst, Inc.
View more reports of
this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research
has segmented the Global Supply Chain Analytics Market based on solutions,
deployment, end-use, and regions:
Supply Chain Analytics Solution Scope (Revenue, USD
Million; 2014 - 2025)
- Logistics
Analytics
- Manufacturing
Analytics
- Planning
& Procurement
- Sales
& Operations Analytics
- Visualization
& Reporting
Supply Chain Analytics Deployment Scope (Revenue, USD
Million; 2014 - 2025)
- Cloud
- On-premise
Supply Chain Analytics End-use Scope (Revenue, USD
Million; 2014 - 2025)
- Retail
& Consumer Goods
- Healthcare
- Manufacturing
- Transportation
- Aerospace
& Defense
- High
Technology Products
- Others
Supply Chain Analytics Regional Outlook (Revenue, USD
Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Middle
East & Africa (MEA)
View Press Release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/supply-chain-analytics-market-analysis
About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment