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Supply Chain Management Software - Italy

Italy
  • The projected revenue in the Supply Chain Management Software market in Italy is expected to reach US$250.50m by 2024.
  • This indicates a positive growth trend in the market.
  • It is also projected that the market will experience an annual growth rate of 1.71% from 2024 to 2029, resulting in a market volume of US$272.60m by 2029.
  • Furthermore, it is worth noting that the average Spend per Employee in the Supply Chain Management Software market in Italy is estimated to reach US$9.67 in 2024.
  • This metric provides insights into the level of investment made by companies in this sector to optimize their supply chain operations.
  • In a global comparison, it is expected that United States will generate the highest revenue in the Supply Chain Management Software market, with an estimated revenue of US$10.90bn in 2024.
  • This highlights the dominance of the US market in this industry.
  • Overall, these numbers demonstrate the growth potential and importance of the Supply Chain Management Software market in Italy, while also showcasing the significant revenue generated by United States in this sector.
  • Italy's growing focus on precision manufacturing is driving increased 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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In-Scope

  • 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

Out-Of-Scope

  • 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
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Study Details

    Revenue

    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

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Supply Chain Management Software market in Italy has been experiencing steady growth in recent years.

    Customer preferences:
    Italian companies have been increasingly adopting supply chain management software to optimize their operations and increase efficiency. The software allows for better management of inventory, transportation, and logistics, which helps companies reduce costs and improve customer service. Additionally, the COVID-19 pandemic has accelerated the adoption of supply chain management software, as companies have had to quickly adapt to disruptions in their supply chains.

    Trends in the market:
    One trend in the Italian market is the increasing demand for cloud-based supply chain management software. Cloud-based software offers greater flexibility and scalability, as well as improved data security. Another trend is the integration of artificial intelligence and machine learning into supply chain management software. These technologies can help companies better predict demand, optimize inventory levels, and improve supply chain visibility.

    Local special circumstances:
    Italy has a strong manufacturing sector, which has been a key driver of demand for supply chain management software. The country is known for its production of luxury goods, such as fashion and automotive products, which require complex supply chain management. Additionally, Italy has a large number of small and medium-sized enterprises (SMEs), which have been increasingly adopting supply chain management software to compete with larger companies.

    Underlying macroeconomic factors:
    Italy has been experiencing slow economic growth in recent years, which has led companies to focus on cost reduction and efficiency. Supply chain management software can help companies achieve these goals by optimizing their operations. Additionally, Italy has been investing in digital infrastructure, which has made it easier for companies to adopt and integrate supply chain management software into their operations.

    Global Comparison

    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

    Methodology

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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