Supply Chain Management Software - G7

The Supply Chain Management Software market is estimated to witness a substantial growth in revenue by 2024, reaching a projected value of US$14.81bn.
This growth is expected to continue with an annual growth rate (CAGR 2024-2029) of 3.69%, resulting in a market volume of US$17.76bn by 2029.
In terms of average Spend per Employee, the Supply Chain Management Software market is projected to reach US$36.79 in 2024.
Among the G7 countries, United States is anticipated to generate the highest revenue in this market, with an estimated value of US$10.90bn in 2024.
In the G7 countries, there is a growing trend towards adopting supply chain management software to enhance operational efficiency and streamline logistics processes.

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 demand for Supply Chain Management Software (SCMS) in G7 countries has been increasing steadily over the years. This is due to the growing need for efficient supply chain management and the rise of e-commerce platforms.

Customer preferences: Customers in G7 countries are increasingly looking for SCMS solutions that can provide end-to-end visibility of their supply chains. They want real-time tracking of their shipments, inventory management, and demand planning. Additionally, customers are looking for solutions that can integrate with their existing systems, such as enterprise resource planning (ERP) and customer relationship management (CRM) software.

Trends in the market: In the United States, the SCMS market is expected to grow due to the increasing adoption of cloud-based SCMS solutions. The cloud-based solutions offer flexibility, scalability, and cost-effectiveness. In Canada, the market is expected to grow due to the increasing demand for automation and the need for real-time visibility of the supply chain. In Japan, the market is expected to grow due to the increasing adoption of Industry 4.0 technologies and the need for efficient supply chain management. In Germany, the market is expected to grow due to the increasing demand for digitalization and the need for transparency in the supply chain. In France, the market is expected to grow due to the increasing adoption of e-commerce platforms and the need for efficient logistics management. In Italy, the market is expected to grow due to the increasing adoption of SCMS solutions in the manufacturing sector and the need for real-time tracking of shipments. In the United Kingdom, the market is expected to grow due to the increasing adoption of automation and the need for efficient supply chain management.

Local special circumstances: In Canada, the SCMS market is heavily influenced by the country's trade relations with the United States. The implementation of the United States-Mexico-Canada Agreement (USMCA) is expected to have a positive impact on the market. In Japan, the market is heavily influenced by the country's aging population and the need for automation in the supply chain. In Germany, the market is heavily influenced by the country's strong manufacturing sector and the need for transparency in the supply chain. In France, the market is heavily influenced by the country's e-commerce platforms and the need for efficient logistics management. In Italy, the market is heavily influenced by the country's small and medium-sized enterprises (SMEs) and the need for real-time tracking of shipments. In the United Kingdom, the market is heavily influenced by Brexit and the country's trade relations with the European Union.

Underlying macroeconomic factors: The increasing globalization of businesses and the rise of e-commerce platforms are the key macroeconomic factors driving the growth of the SCMS market in G7 countries. Additionally, the adoption of Industry 4.0 technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and blockchain, is expected to further drive the growth of the market. Furthermore, the increasing focus on sustainability and the need for efficient supply chain management are expected to create new opportunities for the SCMS market in G7 countries.

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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