Key regions: Canada, Netherlands, France, South Korea, Australia
The United Arab Emirates (UAE) has been rapidly developing its infrastructure and diversifying its economy, with a focus on becoming a global logistics hub. This has led to an increased demand for Supply Chain Management (SCM) software in the country.
Customer preferences: Customers in the UAE are increasingly looking for SCM software that can help them manage their supply chain operations more efficiently and effectively. They are looking for software that can provide real-time visibility into their supply chain, automate their processes, and help them make better decisions.
Trends in the market: One of the key trends in the SCM software market in the UAE is the adoption of cloud-based solutions. Cloud-based solutions offer several advantages over traditional on-premise solutions, including lower costs, greater flexibility, and easier scalability. As a result, more and more companies in the UAE are moving towards cloud-based SCM solutions.Another trend in the market is the increasing use of artificial intelligence (AI) and machine learning (ML) in SCM software. AI and ML can help companies automate their processes, optimize their supply chain, and improve their decision-making. This trend is expected to continue in the coming years as more companies in the UAE look to leverage the benefits of AI and ML.
Local special circumstances: The UAE is strategically located between Europe, Asia, and Africa, making it an ideal location for logistics and supply chain operations. The country has invested heavily in its ports, airports, and roads, which has helped to improve its logistics infrastructure. Additionally, the UAE has a large and growing e-commerce market, which has led to an increased demand for SCM software.
Underlying macroeconomic factors: The UAE has a diversified economy, with a focus on oil and gas, tourism, and logistics. The country has been investing heavily in its infrastructure and diversifying its economy, which has helped to attract foreign investment and create new business opportunities. Additionally, the UAE has a favorable business environment, with low taxes and a pro-business regulatory framework. These factors have helped to create a favorable environment for the growth of the SCM software market in the country.
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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