Supply Chain Management Software - Greece

The Supply Chain Management Software market is forecasted to achieve a revenue of US$13.09m in 2024.
This market segment is expected to exhibit a Compound Annual Growth Rate (CAGR 2024-2029) of 2.61%, resulting in a market volume of US$14.90m by 2029.
Furthermore, the projected average Spend per Employee in the Supply Chain Management Software market is estimated to reach US$2.71 in 2024.
In terms of global comparison, United States is anticipated to generate the highest amount of revenue, reaching US$10.90bn in 2024.
in Greece, a country with rich historical significance, also plays a role in this market segment.
"Despite the economic challenges faced by Greece, the demand for efficient and cost-effective supply chain management software continues to grow in the country."

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 Greece has been steadily growing in recent years, with a number of factors contributing to this development.

Customer preferences: Greek businesses have increasingly been looking for ways to streamline their operations and improve efficiency, and Supply Chain Management Software has emerged as a key tool for achieving these goals. With the rise of e-commerce and the increasing complexity of global supply chains, businesses are recognizing the need for more sophisticated software solutions to manage their operations.

Trends in the market: One of the key trends in the Supply Chain Management Software market in Greece is the growing demand for cloud-based solutions. Cloud-based software offers a number of advantages over traditional on-premise solutions, including lower costs, greater flexibility, and easier scalability. As a result, more and more businesses are choosing to adopt cloud-based Supply Chain Management Software.Another trend in the market is the increasing adoption of artificial intelligence and machine learning technologies. These technologies can help businesses to optimize their supply chain operations by analyzing large amounts of data and identifying patterns and trends. This can lead to more accurate demand forecasting, better inventory management, and improved overall efficiency.

Local special circumstances: One of the key factors driving the growth of the Supply Chain Management Software market in Greece is the country's strategic location at the crossroads of Europe, Asia, and Africa. This has made it an important hub for international trade, with many businesses using Greece as a gateway to markets in these regions. As a result, there is a significant demand for software solutions that can help businesses to manage their complex supply chains and logistics operations.

Underlying macroeconomic factors: The Greek economy has been recovering in recent years, following a period of economic instability and recession. This has led to increased investment in businesses and infrastructure, which in turn has driven demand for Supply Chain Management Software. Additionally, the Greek government has been actively promoting the country as a destination for foreign investment, which has helped to attract new businesses to the market. Overall, the combination of these factors has created a favorable environment for the growth of the Supply Chain Management Software market in Greece.

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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