Supply Chain Management Software - Sweden

In 2024, the projected revenue in the Supply Chain Management Software market is estimated to reach US$155.90m.
This market segment is expected to display a steady annual growth rate (CAGR 2024-2029) of 3.41%, resulting in a market volume of US$184.30m by 2029.
Looking specifically at in Sweden, the average Spend per Employee in the Supply Chain Management Software market is projected to reach US$27.15 in 2024.
In a global comparison, United States is expected to generate the highest revenue in this market segment, with a projected revenue of US$10.90bn in 2024.
Sweden's strong focus on sustainability and efficient logistics has driven the demand for advanced supply chain management software in the market.

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

Sweden, a country known for its innovation and technology, has seen a significant growth in the Supply Chain Management Software market in recent years.

Customer preferences: Swedish companies have shown a strong preference for Supply Chain Management Software that offers real-time tracking, inventory management, and predictive analytics. They are also increasingly interested in cloud-based solutions that offer scalability and flexibility. Additionally, Swedish companies are placing a high value on sustainability and are looking for software solutions that can help them reduce their carbon footprint.

Trends in the market: One of the major trends in the Supply Chain Management Software market in Sweden is the increasing adoption of automation and artificial intelligence. Swedish companies are investing in software that can automate routine tasks, such as inventory management and order processing, to improve efficiency and reduce costs. Another trend is the growing importance of supply chain visibility and transparency. Swedish companies are looking for software solutions that can provide real-time tracking and monitoring of their supply chains to improve decision-making and reduce risk.

Local special circumstances: Sweden has a highly developed logistics infrastructure, which has contributed to the growth of the Supply Chain Management Software market. The country's strategic location and well-connected transportation network make it an ideal hub for logistics operations in the region. Additionally, Sweden has a strong tradition of sustainability and environmental responsibility, which has led to a growing demand for software solutions that can help companies reduce their carbon footprint and improve their sustainability practices.

Underlying macroeconomic factors: Sweden has a strong and stable economy, which has contributed to the growth of the Supply Chain Management Software market. The country's high level of innovation and technological development has also played a role, as Swedish companies are early adopters of new technologies. Additionally, the country's focus on sustainability and environmental responsibility has created a favorable environment for the development of software solutions that can help companies improve their sustainability practices. Overall, the Supply Chain Management Software market in Sweden is expected to continue to grow in the coming years, driven by the country's strong economy, focus on innovation, and commitment to sustainability.

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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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.