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 demand for Supply Chain Management Software (SCMS) in Eastern Asia has been growing steadily in recent years.
Customer preferences: Customers in Eastern Asia are increasingly looking for SCMS that can provide end-to-end visibility across their supply chains. They also want solutions that can help them optimize their inventory levels, reduce lead times, and improve their overall operational efficiency. Additionally, customers in the region are placing a greater emphasis on sustainability and are looking for SCMS that can help them reduce their carbon footprint.
Trends in the market: China is the largest market for SCMS in Eastern Asia, accounting for more than half of the total market share. The country's rapidly growing e-commerce sector is driving demand for SCMS that can help companies manage their logistics operations more efficiently. Japan and South Korea are also significant markets for SCMS, with demand being driven by the need to optimize supply chain processes and reduce costs.In China, there is a trend towards the adoption of cloud-based SCMS solutions, which offer greater flexibility and scalability than traditional on-premise solutions. There is also a growing demand for SCMS that can integrate with other enterprise systems, such as ERP and CRM, to provide a more holistic view of business operations.In Japan, there is a trend towards the adoption of SCMS that can help companies manage their inventory levels more effectively. This is being driven by the country's aging population, which is leading to a shortage of labor in the logistics sector.In South Korea, there is a trend towards the adoption of SCMS that can help companies improve their supply chain visibility. This is being driven by the country's highly competitive retail sector, which is placing increasing pressure on companies to improve their operational efficiency.
Local special circumstances: One of the key challenges facing the SCMS market in Eastern Asia is the lack of standardization across the region. Each country has its own unique logistics infrastructure and regulatory environment, which can make it difficult for companies to implement SCMS solutions that work across multiple markets.Another challenge is the high level of competition in the market. There are a large number of local and international vendors offering SCMS solutions in the region, which can make it difficult for companies to choose the right solution for their needs.
Underlying macroeconomic factors: The growth of the SCMS market in Eastern Asia is being driven by a number of underlying macroeconomic factors, including the region's strong economic growth, rising disposable incomes, and increasing consumer demand for goods and services.In addition, the region's rapidly growing e-commerce sector is creating new opportunities for SCMS vendors, as companies look for ways to manage their logistics operations more efficiently in order to keep up with the growing demand for online shopping.Overall, the SCMS market in Eastern Asia is expected to continue to grow in the coming years, as companies look for ways to optimize their supply chain processes and improve their operational efficiency in an increasingly competitive market.
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: Sep 2024
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.