Supply Chain Management Software - Worldwide

The projected revenue in the Supply Chain Management Software market worldwide is set to reach US$20.07bn in 2024.
It is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 4.14%, leading to a market volume of US$24.58bn by 2029.
Additionally, the average Spend per Employee in the Supply Chain Management Software market is projected to reach US$5.64 in 2024.
In terms of global market share, 0.0 accounted for [revenue_currentlayer_yeartoday_maxbrandname] in 2024.
However, when comparing countries, United States is projected to generate the highest revenue with US$10.90bn in 2024.
The Supply Chain Management Software market is a crucial segment in the global market, and these numbers highlight its significance.
The demand for supply chain management software is rapidly growing worldwide, with countries like the United States and China leading the way in adoption and innovation.

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.

For more information on the displayed data, use the info button right next to the boxes.

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 market for Supply Chain Management Software is constantly evolving and expanding. As businesses become more complex and global, the need for efficient supply chain management becomes increasingly important.

Customer preferences: Customers are increasingly demanding more visibility, transparency, and control over their supply chains. This has led to the development of software that provides real-time tracking and monitoring of shipments, inventory levels, and delivery times. Additionally, customers are looking for software that integrates easily with their existing systems, such as Enterprise Resource Planning (ERP) software.

Trends in the market: In North America, there is a trend towards cloud-based software solutions that offer greater flexibility and scalability. This allows businesses to easily adjust to changes in demand and scale their operations up or down as needed. In Europe, there is a growing interest in software that focuses on sustainability and reducing the environmental impact of supply chains. In Asia, there is a trend towards software that emphasizes collaboration and communication between different parties in the supply chain.

Local special circumstances: In China, there is a unique set of challenges that businesses face due to the country's size and complexity. Supply chain software that is tailored to the Chinese market is in high demand, as businesses seek to navigate the country's complex logistics network. In India, there is a trend towards software that is specifically designed for small and medium-sized businesses, which make up the majority of the country's economy.

Underlying macroeconomic factors: The global economy is becoming increasingly interconnected, with businesses operating across borders and continents. This has led to a greater need for software that can manage complex supply chains and ensure that goods are delivered on time and at the right cost. Additionally, the rise of e-commerce has led to a surge in demand for supply chain software that can handle the high volume of online orders and deliveries. Finally, the ongoing COVID-19 pandemic has highlighted the importance of supply chain resilience and the need for software that can quickly adapt to changing circumstances.

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.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

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.