Supply Chain Analytics - Global Strategic Business Report

The global market for Supply Chain Analytics was estimated at US$13.0 Billion in 2023 and is projected to reach US$31.7 Billion by 2030, growing at a CAGR of 13.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

How Is Supply Chain Analytics Revolutionizing Logistics and Operations?

Supply chain analytics is rapidly transforming how companies manage logistics, operations, and overall supply chain efficiency. With the rise of big data, artificial intelligence (AI), and machine learning, businesses are increasingly using data-driven solutions to optimize inventory management, demand forecasting, and supplier performance. These advanced analytics tools allow for real-time insights into supply chain operations, helping companies identify bottlenecks, reduce costs, and improve decision-making processes. As global supply chains become more complex, the ability to anticipate and respond to disruptions becomes critical. Supply chain analytics empowers businesses to mitigate risks and enhance operational efficiency, making it indispensable in today's globalized market.

What Innovations Are Shaping the Supply Chain Analytics Market?

The integration of AI and machine learning into supply chain analytics is one of the major innovations driving the market. Predictive and prescriptive analytics enable companies to forecast future trends, analyze risks, and make informed decisions that improve supply chain resilience. Additionally, cloud-based solutions are gaining popularity as they offer scalability, lower upfront costs, and accessibility from any location. Internet of Things (IoT) devices are also playing a significant role in supply chain analytics by providing real-time data on transportation and inventory. These innovations are not only improving supply chain performance but also helping businesses achieve greater transparency and sustainability across their operations.

Which Market Segments Are Leading in Supply Chain Analytics?

Key components include software and services, with software solutions dominating the market due to the growing demand for data-driven tools. The deployment segment is divided into on-premise and cloud-based solutions, with cloud-based solutions seeing faster growth due to their flexibility and cost-effectiveness. In terms of end-use industries, manufacturing, retail, healthcare, and transportation are among the largest adopters of supply chain analytics, as they require efficient management of complex global supply chains. Geographically, North America holds the largest market share, followed by Europe, while the Asia-Pacific region is experiencing rapid growth due to increasing industrialization and e-commerce expansion.

What Drives Growth in the Supply Chain Analytics Market?

The growth in the supply chain analytics market is driven by several factors, including the increasing need for real-time visibility in supply chains, rising demand for risk management solutions, and advancements in artificial intelligence and big data analytics. The growth of e-commerce and the trend toward omnichannel retailing are also fueling demand for analytics tools that optimize inventory and distribution. Additionally, regulatory requirements related to traceability and sustainability are prompting companies to invest in supply chain analytics. The growing use of IoT devices and cloud computing is further enhancing the capabilities of these solutions, making supply chain analytics an essential component of modern business operations.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Sales & Operations Planning segment, which is expected to reach US$12.7 Billion by 2030 with a CAGR of a 15.7%. The Planning & Procurement segment is also set to grow at 13.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, which was valued at $3.5 Billion in 2023, and China, forecasted to grow at an impressive 12.4% CAGR to reach $4.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Supply Chain Analytics Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Supply Chain Analytics Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Supply Chain Analytics Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Birst, Inc., Capgemini SE, Genpact Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 38 Featured):

• Birst, Inc.
• Capgemini SE
• Genpact Ltd.
• IBM Corporation
• Kinaxis Inc.
• MicroStrategy, Inc.
• Oracle Corporation
• SAP SE
• SAS Institute, Inc.
• Tableau Software, Inc.