The supply chain analytics market share is expected to grow at a CAGR of 20.07% between 2022 and 2027. The increased need to improve business processes and the increased use of predictive analytics in the supply chain provide a promising ground for the supply chain analytics market.
Supply chain analytics enhances business productivity by using several predictive mechanisms and risk-averting models. The growing demand for optimizing the supply chain and increasing investments in technology are likely to boost the growth of the supply chain analytics market during the forecast period.
Technavio’s analysis of the “Supply Chain Analytics Market” projects that the market share is expected to increase by USD 10,121.6 million CAGR during 2023-2027.
Browse Technavio's 178-page report and in-depth TOC on "Supply Chain Analytics Market by end-user (retail, manufacturing, healthcare, transportation, and others), deployment (on-premise and cloud-based), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
View detailed Table of Contents Here: https://www.technavio.com/report/supply-chain-analytics-market-industry-analysis
The supply chain analytics market is segmented by end-user (retail, manufacturing, healthcare, transportation, and others), deployment (on-premise and cloud-based), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
The market share growth by the retail segment will be significant during the forecast period. The adoption of supply chain analytics enables the retail industry to simplify operations and provide improved services to customers. Thus, the demand for supply chain analytics is increasing in the retail sector.
Supply chain networks are becoming interconnected at a global level, which makes the application of analytics difficult. The B2B standards are also evolving, which causes SCM software vendors to support different business processes within a customer supply chain. This has increased the complexity of SCM software solutions, which will negatively affect the global supply chain analytics market over the forecast period.
The market structure is fragmented, and the vendors are implementing various strategies such as technological innovations to compete in the market.
Some of the major supply chain analytics market vendors are American Software Inc., Antuit Inc., Axway Software SA, Cloudera Inc., Datameer Inc., Infor Inc., International Business Machines Corp., Manhattan Associates Inc., MicroStrategy Inc., Oracle Corp., QlikTech International AB, RELEX Oy, SAP SE, SAS Institute Inc., Savi Technology Inc., Software AG, Tableau Software LLC, TARGIT AS, TIBCO Software Inc., and Voxware Inc.
antuit.ai - The company offers advanced supply chain analytics which use artificial intelligence to fill in the gaps.
cloudera.com- The company offers supply chain analytics through which we learn about trends in the retail, manufacturing, and supply chain industries, and how decision-makers can apply new data sources and technologies.
datameer.com- The company offers supply chain analytics which involves making data-driven decisions in order to improve operational and tactical efficiency between vendor touchpoints.
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Precise market size estimation during the forecast period 2023-2027.
CAGR of the supply chain analytics market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the supply chain analytics market share.
Prediction of the upcoming trends, drivers, and factors that challenge the supply chain analytics market.
Supply chain analytics market growth across North America, Europe, APAC, Middle East and Africa, and South America.