Supply Chain Management Software - Thailand

The projected revenue in the Supply Chain Management Software market in Thailand is expected to reach US$28.57m in 2024.
It is anticipated that the revenue will experience an annual growth rate (CAGR 2024-2029) of 5.20%, resulting in a market volume of US$36.82m by 2029.
Moreover, the average Spend per Employee in the Supply Chain Management Software market is projected to reach US$0.71 in 2024.
In a global comparison, United States is expected to generate the highest revenue, amounting to US$10.90bn in 2024.
Thailand's growing e-commerce industry is driving 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 Supply Chain Management Software market in Thailand has been experiencing significant growth in recent years.

Customer preferences: Thai businesses are increasingly recognizing the benefits of implementing Supply Chain Management Software solutions to optimize their operations. This is particularly true for businesses that operate in the manufacturing and logistics sectors, where the need for efficient supply chain management is critical. These businesses are looking for solutions that can help them streamline their operations, reduce costs, and improve overall efficiency.

Trends in the market: One of the key trends in the Supply Chain Management Software market in Thailand is the increasing adoption of cloud-based solutions. Cloud-based solutions offer a number of benefits over traditional on-premise solutions, including lower upfront costs, greater scalability, and more flexibility. As a result, many businesses in Thailand are now turning to cloud-based solutions to meet their supply chain management needs.Another trend in the market is the growing demand for solutions that can provide real-time visibility into supply chain operations. This is particularly important for businesses that operate in the logistics sector, where the ability to track shipments in real-time is critical. As a result, many businesses are now investing in solutions that can provide real-time tracking and visibility into their supply chain operations.

Local special circumstances: One of the unique challenges facing the Supply Chain Management Software market in Thailand is the country's complex regulatory environment. Thai businesses must comply with a range of regulations related to import and export, customs clearance, and other supply chain-related activities. As a result, many businesses are looking for solutions that can help them navigate this complex regulatory environment.

Underlying macroeconomic factors: The growth of the Supply Chain Management Software market in Thailand can be attributed to a number of underlying macroeconomic factors. These include the country's growing economy, which has led to increased demand for supply chain management solutions, as well as the government's focus on improving the country's logistics infrastructure. Additionally, the rise of e-commerce in Thailand has created new opportunities for businesses to optimize their supply chain operations and improve their competitiveness.

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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