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
Kenya, a country in East Africa, has been experiencing a steady growth in the supply chain management software market. This growth can be attributed to various factors that have contributed to the development of the market.
Customer preferences: Kenyan customers have shown a preference for supply chain management software that is easy to use, affordable, and can be customized to meet their specific needs. They also prefer software that can integrate with other business systems, such as accounting and inventory management software.
Trends in the market: One of the major trends in the supply chain management software market in Kenya is the adoption of cloud-based solutions. Cloud-based software is becoming increasingly popular due to its flexibility, scalability, and cost-effectiveness. Another trend is the use of artificial intelligence (AI) and machine learning (ML) in supply chain management software. AI and ML can help companies optimize their supply chain operations by providing real-time data analytics and predictive insights.
Local special circumstances: Kenya is a developing country with a growing economy. The country has a large agricultural sector and is also a major exporter of tea, coffee, and flowers. This has led to the development of a strong logistics and transportation industry, which has created a demand for supply chain management software. Additionally, the government of Kenya has been investing in infrastructure development, such as roads and ports, which has further boosted the logistics industry.
Underlying macroeconomic factors: The growth of the supply chain management software market in Kenya can be attributed to various macroeconomic factors. The country has a young and tech-savvy population, which has led to the adoption of new technologies, including supply chain management software. Additionally, the government of Kenya has been implementing policies to promote entrepreneurship and innovation, which has created a favorable environment for the growth of the software industry. The country has also been attracting foreign investment, which has led to the development of a vibrant startup ecosystem.
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: Jan 2025
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.
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