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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The Supply Chain Management Software market in Canada has been steadily growing in recent years as companies are increasingly adopting technology to streamline their operations and improve efficiency.
Customer preferences: Canadian companies are increasingly looking for integrated solutions that can manage their entire supply chain from end-to-end. This includes solutions that can handle procurement, inventory management, logistics, and transportation. Additionally, there is a growing demand for cloud-based solutions that can be accessed from anywhere, at any time.
Trends in the market: One of the major trends in the Canadian Supply Chain Management Software market is the adoption of artificial intelligence (AI) and machine learning (ML) technologies. These technologies are being used to optimize supply chain operations, improve forecasting accuracy, and reduce costs. Another trend is the use of blockchain technology to improve supply chain transparency and traceability.
Local special circumstances: Canada's unique geography and large land mass present logistical challenges for companies operating in the country. This has led to a growing demand for transportation and logistics solutions that can help companies manage their supply chain more efficiently. Additionally, the country's strict regulations around food safety and product quality have led to a growing demand for supply chain solutions that can ensure compliance.
Underlying macroeconomic factors: Canada's strong economy and stable political climate have made it an attractive destination for foreign investment. This has led to a growing number of multinational companies operating in the country, which has in turn increased demand for supply chain management solutions. Additionally, the country's aging population and low birth rate have led to a shrinking labor force, which has made it increasingly important for companies to automate their operations and improve efficiency.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
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.
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