Latest News by Industry
DUBLIN--(BUSINESS WIRE)--Oct 6, 2022--
The "Supply Chain Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global supply chain analytics market size reached US$ 5.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 15.6 Billion by 2027, exhibiting a CAGR of 17.93% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Supply chain analytics is a tool to improve operational efficiency and effectiveness by enabling data-driven decisions at strategic, operational, and tactical levels. It provides data-driven intelligence to businesses and reduces the overall cost to serve.
As a result, it is increasingly being utilized by organizations across the globe to analyze risks, increase accuracy in planning, and gain a significant return on investment (ROI). Nowadays, leading players are offering advanced analytics that can process structured and unstructured data and build correlations and patterns among different sources to provide alerts.
Complete lockdown implemented by governing agencies of numerous countries to prevent the spread of the coronavirus disease (COVID-19) has resulted in supply chain disruptions and the temporary closure of various manufacturing units. As a result, manufacturing companies worldwide are relying on smart supply chain analytics to adapt to the present market scenario. Supply chain analytics identifies opportunities and initiatives for growth and controls potential revenue losses due to logistics inefficiencies.
Apart from this, with the growing number of global partners, modern supply chains have become increasingly complex. This is positively influencing its demand worldwide to manage massive amounts of data, uncover complex patterns, and generate insights that help make smart, quick, and efficient decisions.
Moreover, the rapid rise in e-commerce and omnichannel shopping channels is catalyzing the use of supply chain analytics for quick deliveries, asset movements, fuel consumption and management, and fleet visibility and remote management.
Furthermore, market leaders are focusing on developing supply chain analytics solutions that are integrated with artificial intelligence (AI), big data, and machine learning (ML), which is strengthening the market growth. These solutions can automatically sift through vast amounts of data to help an organization improve forecasting, identify inefficiencies, better respond to customer needs, and drive innovation.
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Supply Chain Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
7 Market Breakup by Deployment Mode
8 Market Breakup by Enterprise Size
9 Market Breakup by Industry Vertical
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/41ixqr
View source version on businesswire.com:https://www.businesswire.com/news/home/20221006005729/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT RETAIL TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/06/2022 10:20 AM/DISC: 10/06/2022 10:21 AM
http://www.businesswire.com/news/home/20221006005729/en