Supply Chain Management Software - Czechia

In 2024, the projected revenue in the Supply Chain Management Software market in Czechia is set to reach US$51.36m.
Looking ahead, a steady annual growth rate (CAGR 2024-2029) of 3.03% is expected, resulting in a market volume of US$59.63m by 2029.
When it comes to the average Spend per Employee in this market segment, it is estimated to reach US$9.56 in 2024.
In a global comparison, United States is anticipated to generate the highest revenue, with an estimated US$10.90bn in 2024.
Czechia is experiencing a growing demand for Supply Chain Management Software, with local companies seeking efficient solutions to optimize their logistics operations.

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 Czech Republic has a rapidly growing economy with a strong focus on manufacturing and exports. As a result, the Supply Chain Management Software market has seen significant growth in recent years.

Customer preferences: Czech companies are increasingly looking for software solutions that can help them optimize their supply chain processes. This includes everything from inventory management to logistics and transportation. Many companies are also looking for solutions that can be integrated with their existing ERP systems.

Trends in the market: One of the key trends in the Czech Supply Chain Management Software market is the adoption of cloud-based solutions. This is driven by the need for more flexible and scalable software solutions, as well as the desire to reduce IT costs. Another trend is the increasing use of data analytics and machine learning to optimize supply chain processes and improve decision-making.

Local special circumstances: The Czech Republic is located in the heart of Europe, making it an attractive location for many companies looking to expand their operations in the region. This has led to a highly competitive market for Supply Chain Management Software, with both local and international vendors vying for market share. Additionally, the country's strong manufacturing sector has created a significant demand for supply chain solutions that can help companies manage their complex production and distribution networks.

Underlying macroeconomic factors: The Czech Republic has a highly skilled workforce and a favorable business environment, which has helped to attract foreign investment and drive economic growth. Additionally, the country's membership in the EU has opened up new markets and opportunities for local businesses. These factors have contributed to the growth of the Supply Chain Management Software market in the Czech Republic, as companies look for ways to optimize their operations and stay competitive in a rapidly changing global marketplace.

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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