Supply Chain Management Software - Benelux

The projected revenue in the Supply Chain Management Software market for the country in Benelux is expected to reach US$428.60m in 2024.
This market segment is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 2.64%, resulting in a market volume of US$488.10m by 2029.
Furthermore, the average Spend per Employee in the Supply Chain Management Software market is projected to reach US$26.81 in 2024.
In comparison to other countries, United States is expected to generate the highest revenue of US$10.90bn in 2024.
Benelux's supply chain management software market is experiencing a surge in demand driven by the region's strategic location and highly integrated logistics network.

Definition:

The Supply Chain Management Software market covers software applications that support organizations in managing their supply chain activities by providing them with tools to optimize their inventory, manage their suppliers and vendors, and improve their logistics operations. This can help organizations reduce costs, improve customer service, and increase competitiveness.

Products in the Supply Chain Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Supply Chain Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include SAP, Oracle, Blue Yonder, and Infor.

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Logistics applications, such as NetSuite, Fishbowl, and Brightpearl
Inventory management, such as Zoho Inventory, InventoryCloud, and Ordoro
Production planning, such as Visual Planning, Odoo, and MRPeasy

Analytics software, such as MicroStrategy, Qlik Sense, and Looker
Procurement software, such as SAP Ariba, Kissflow, and Procurify
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

The Supply Chain Management Software market in Benelux has been experiencing steady growth in recent years, driven by a growing demand for more efficient and streamlined supply chain processes.

Customer preferences: Benelux customers are increasingly looking for supply chain management software that can integrate with their existing systems, provide real-time visibility into inventory levels, and automate manual processes. They also place a high value on software that can help them optimize their supply chain operations, reduce costs, and improve customer service.

Trends in the market: One of the key trends in the Benelux supply chain management software market is the adoption of cloud-based solutions. Cloud-based software offers greater flexibility and scalability than traditional on-premise solutions, allowing companies to easily scale their supply chain operations up or down as needed. Another trend is the increasing use of artificial intelligence and machine learning technologies to improve supply chain forecasting and optimization.

Local special circumstances: The Benelux region is home to a number of large logistics and transportation companies, as well as a thriving e-commerce sector. This has led to a growing demand for supply chain management software that can help companies manage complex logistics networks, optimize delivery routes, and improve customer service. Additionally, the region's proximity to major ports and transportation hubs makes it a key gateway for trade between Europe and the rest of the world.

Underlying macroeconomic factors: The Benelux region has a strong and stable economy, with a high level of international trade and investment. This has created a favorable business environment for supply chain management software providers, as companies seek to optimize their supply chain operations and gain a competitive edge in the global marketplace. Additionally, the region's highly skilled workforce and advanced technological infrastructure make it an attractive location for software development and innovation.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.