Supply Chain Management Software - Ireland

In 2024, the projected revenue in the Supply Chain Management Software market in Ireland is estimated to reach US$42.05m.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.29%, resulting in a market volume of US$49.43m by 2029.
The average Spend per Employee in the Supply Chain Management Software market is projected to reach US$14.50 in 2024.
In global comparison, United States is anticipated to generate the highest revenue in the Supply Chain Management Software market in 2024, with a figure of US$10.90bn.
Ireland's growing tech industry has fueled the demand for advanced supply chain management software solutions.

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 Ireland has been on the rise in recent years.

Customer preferences: Irish companies are increasingly adopting SCMS to optimize their supply chain operations and improve efficiency. The software enables businesses to streamline their processes, reduce costs, and enhance customer satisfaction. Additionally, the COVID-19 pandemic has accelerated the adoption of SCMS, as companies look to digitize their operations and improve their resilience in the face of disruptions.

Trends in the market: One of the key trends in the SCMS market in Ireland is the growing popularity of cloud-based solutions. Cloud-based SCMS offer numerous benefits, including greater flexibility, scalability, and cost-effectiveness. As a result, more and more businesses are choosing to deploy cloud-based solutions over traditional on-premise software.Another trend in the market is the increasing use of artificial intelligence (AI) and machine learning (ML) in SCMS. These technologies enable businesses to gain greater visibility into their supply chain operations, identify inefficiencies, and make data-driven decisions. They are particularly useful in predicting demand, optimizing inventory levels, and improving delivery times.

Local special circumstances: Ireland's position as a major hub for technology companies has contributed to the growth of the SCMS market. Many of these companies have complex global supply chains that require sophisticated software solutions to manage. Additionally, the country's strong logistics and transportation infrastructure make it an attractive location for businesses looking to optimize their supply chain operations.

Underlying macroeconomic factors: The Irish economy has been performing well in recent years, with strong GDP growth and low unemployment. This has created a favorable business environment, with many companies investing in technology to improve their operations. Additionally, Ireland's membership in the European Union provides businesses with access to a large market and favorable trading conditions. However, the uncertainty surrounding Brexit and the potential impact on trade with the UK could pose challenges for the SCMS market in the future.

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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