Supply Chain Management Software - North America

In 2024, the projected revenue of the Supply Chain Management Software market in North America is estimated to reach US$11.65bn.
It is expected to exhibit a compound annual growth rate (CAGR 2024-2029) of 3.77%, resulting in a market volume of US$14.02bn by 2029.
The average Spend per Employee in the Supply Chain Management Software market is projected to reach US$45.68 in 2024.
When compared globally, United States is anticipated to generate the highest revenue, amounting to US$10.90bn in 2024.
North America is witnessing a surge in demand for cloud-based 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 Supply Chain Management Software market in North America has been experiencing steady growth in recent years.

Customer preferences: Customers in North America are increasingly looking for software solutions that can help them manage their supply chains more efficiently. They are looking for solutions that can help them streamline their operations, reduce costs, and improve their overall supply chain performance. Additionally, customers are increasingly looking for cloud-based solutions that can be accessed from anywhere, at any time.

Trends in the market: One of the key trends in the North American Supply Chain Management Software market is the increasing adoption of cloud-based solutions. Cloud-based solutions offer several advantages over traditional on-premise solutions, including lower upfront costs, greater scalability, and easier access to data. Another trend in the market is the increasing use of artificial intelligence and machine learning to improve supply chain performance. These technologies can be used to optimize supply chain processes, reduce costs, and improve overall efficiency.

Local special circumstances: One of the unique aspects of the North American market is the presence of several large multinational companies that operate in the region. These companies have complex supply chains that require sophisticated software solutions to manage effectively. Additionally, the region has a highly developed logistics infrastructure, which makes it an attractive market for supply chain management software providers.

Underlying macroeconomic factors: The North American market has been growing steadily in recent years, driven by a strong economy and increasing demand for goods and services. Additionally, the region has a highly skilled workforce and a strong culture of innovation, which has helped to drive the development of new supply chain management software solutions. However, the market is also becoming increasingly competitive, with new entrants entering the market and existing players expanding their offerings. As a result, supply chain management software providers will need to continue to innovate and differentiate themselves in order to remain competitive.

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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