Latest Research Report on Supply
Chain Analytics Market begins with an extensive
presentation and then investigates broad into specific segments such as raw
material, application, end user, and region, policy study, value chain
structure, and upcoming trends in particular segments or regions. The report on
Supply Chain Analytics prepare a case for investments in different regions
based on a practical view of their regulatory outline, manufacturing dynamics,
and availability of skills and resources in that region.
The global Supply Chain
Analytics Market is expected to reach USD 9875.2 Million by 2025. Supply chain
analytics completely transforms the business, particularly in the
manufacturing, retail, automotive, and FMCG sector. It thus enables business
and enterprise owners to land into better decisions. With the wave of
digitization, having a strategic advantage turns out to be a boon for
businesses, which further creates lucrative opportunities for data handling and
analysis. Analytics thus enables automated data crunching at a massive scale
for quick delivery on critical insights beneficial for businesses.
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The driving factors for
supply chain analytics industry include rising awareness among consumers and
optimizing needs of consumers to cater to large demand for supply chain
analytics. The rise in awareness among consumers regarding benefits of supply
chain analytics emphasizes on data and forecast analysis with an objective to
enhance the supply chain process.
In addition, the deployment
of supply chain analytic solutions enables the customers to choose for
company’s profitability and increase the market share in the long term.
However, factors such as inefficacy of supplier networks, surge in cost of
warehousing, variation in consumer demands, and redundancy in forecasts is
likely to affect the market growth in the forecast period.
By solution, the supply
chain analytics market is segmented into procurement and planning,
visualization and reporting & sales and operations. By Industry, the supply
chain analytics industry is segmented into aerospace & defense, IT &
Telecom, retail, pharmaceuticals and life sciences.
Geographical segmentation
for supply chain analytics market includes North America, Latin America,
Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific’s supply chain
analytics industry is likely to grow at a stupendous CAGR in the forecast
period due to availability of large consumer pool and use of business
intelligence for operations. In addition, the APAC’s market is likely to gain a
positive traction in the forthcoming period owing to presence of small and
large manufacturers. North American and European markets are likely to achieve
a remarkable CAGR during the forecast period due to the use of analytics and
forecast to identify consumer behaviour at large and to monitor the logistics
and transportation.
The key players for supply
chain analytics market include SAS Institute Inc, SAP SE, IBM Corporation,
Oracle Corporation, IBM Corporation, Sage Clarity Systems, MicroStrategy Inc,
Oracle Corporation, Genpact Ltd, Birst Inc, Kinaxis Inc, Tata Consultancy
Services and Capgemini Inc.
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