Supply chain management (SCM) is the centralized management that facilitates the activities of the entire supply chain. This solution is used in supply chain transactions and helps to manage supplier relationships and business processes. It integrates the organization and supply chain together into a single system, and helps end users oversee areas such as warehousing, purchasing, marketing, sales, shipping, and others, which help enterprises to make efficient business decisions. However, the SaaS-based SCM provides complete solution package of various software and services including professional and managed services to augment several supply chain needs such as integrated planning, inventory optimization, operation forecasting, and others. Cost saving deployment models such as hybrid and public clouds have given rise to the adoption of SaaS-based SCM solution among various user groups including SMEs and large enterprises.
The growth of the global SaaS-based SCM market is driven by growth in demand for real-time supply chain analysis, technology progress in supply chain industry, and increase in ICT spending. In addition, the factors such as development of industrial-grade digital technology and upsurge in need for improved supply chain visibility drives growth of the market. Moreover, surge in need for demand management solutions among enterprises and increase in adoption of SaaS-based SCM software in healthcare and pharmaceutical companies further boosts the growth of the market. However, security concern over cloud deployment among enterprises is expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software is expected to create major opportunities for market expansion in the upcoming years.
The SaaS-based SCM market is segmented on the basis of solution, deployment, user type, industry vertical, and region. By solution, the market is bifurcated into software and services.
By deployment, the market is divided into public, private, and hybrid. By user type, it is bifurcated into large enterprises and small & medium-sized enterprises (SMEs). Depending on industry vertical, it is classified into consumer goods, retail, food & beverages, healthcare & pharmaceuticals, manufacturing, logistics & transportation, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides the profiles of key players operating in the market such as Accenture, SAP SE, Oracle Corporation, Blue Yonder Group, Inc., Infor, Manhattan Associates, The Descartes Systems Group Inc., HighJump (Korber AG), Kinaxis Inc., and IBM Corporation.
The growth of the global SaaS-based SCM market is driven by growth in demand for real-time supply chain analysis, technology progress in supply chain industry, and increase in ICT spending. In addition, the factors such as development of industrial-grade digital technology and upsurge in need for improved supply chain visibility drives growth of the market. Moreover, surge in need for demand management solutions among enterprises and increase in adoption of SaaS-based SCM software in healthcare and pharmaceutical companies further boosts the growth of the market. However, security concern over cloud deployment among enterprises is expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software is expected to create major opportunities for market expansion in the upcoming years.
The SaaS-based SCM market is segmented on the basis of solution, deployment, user type, industry vertical, and region. By solution, the market is bifurcated into software and services.
By deployment, the market is divided into public, private, and hybrid. By user type, it is bifurcated into large enterprises and small & medium-sized enterprises (SMEs). Depending on industry vertical, it is classified into consumer goods, retail, food & beverages, healthcare & pharmaceuticals, manufacturing, logistics & transportation, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides the profiles of key players operating in the market such as Accenture, SAP SE, Oracle Corporation, Blue Yonder Group, Inc., Infor, Manhattan Associates, The Descartes Systems Group Inc., HighJump (Korber AG), Kinaxis Inc., and IBM Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the saas-based scm market analysis from 2020 to 2030 to identify the prevailing saas-based scm market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the saas-based scm market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global saas-based scm market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Solution
- Software
- Service
By Deployment
- Public
- Private
- Hybrid
By User Type
- Large Enterprises
- Small And Medium-Sized Enterprises
By Industry Vertical
- Consumer Goods
- Retail
- Food And Beverages
- Healthcare And Pharmaceuticals
- Manufacturing
- Logistics And Transportation
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- IBM
- Accenture
- Oracle Corporation
- SAP SE
- Blue Yonder Group, Inc.
- Manhattan Associates, Inc.
- Infor
- The Descartes Systems Group Inc.
- HighJump
- Kinaxis Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SAAS-BASED SCM MARKET, BY SOLUTION
CHAPTER 5: SAAS-BASED SCM MARKET, BY DEPLOYMENT
CHAPTER 6: SAAS-BASED SCM MARKET, BY USER TYPE
CHAPTER 7: SAAS-BASED SCM MARKET, BY INDUSTRY VERTICAL
CHAPTER 8: SAAS-BASED SCM MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'SaaS-based SCM Market,' the saas-based scm market was valued at $7.3 billion in 2020, and is estimated to reach $26.0 billion by 2030, growing at a CAGR of 13.42% from 2021 to 2030.Growth in demand for real-time supply chain analysis, technology progress in digital supply chain industry, and increase in ICT spending primarily drives growth of the SaaS-based SCM market. In addition, the factors such as development of industrial-grade digital technology and upsurge in need for improved supply chain visibility fuels the market growth. Moreover, surge in need for demand management solutions among enterprises and increase in adoption of SaaS-based SCM software in healthcare and pharmaceutical companies further boosts the growth of the market. However, security concern over cloud deployment among enterprises is expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software is expected to create major opportunities for market expansion in the upcoming years.
On the basis of solution, the software segment dominated the global market in 2020, and is expected to continue this trend during the forecast period. The major factors influencing the SaaS-based SCM software market is high level of cost savings on total cost of ownership and increase in need for real time material monitoring and forecasting of production plan by several industry verticals including consumer goods, retail, manufacturing, and others. However, the services segment is expected to grow at the highest CAGR during the forecast period. In the last few years, the adoption of SaaS based supply chain management software has notably increased, which has resulted in the adoption of supply chain management services across different industry verticals, as it assures effective functioning of software.
By user type, the large enterprises segment dominated the global market in 2020, and is expected to continue this trend during the forecast period, owing to increase in adoption of SCM software to integrate this software into their existing software and inventories. Furthermore, the small & medium-sized enterprises segment is expected to grow at the highest CAGR during the forecast period, owing to surge in adoption of cloud-based supply chain management software, as it provides cost-effective and efficient solution for SMEs.
The global SaaS-based SCM market was led by the consumer goods segment in 2020, and is projected to maintain its dominance during the SaaS-based SCM Market Forecast period. The implementation of SCM solutions by the CG industry has facilitated synchronization among in-store, online, and mobile applications for consistent consumer experience, ensuring collaboration between stakeholders for personalized customer service.
Post COVID-19, the global SaaS-based SCM market was valued at $7,314.32 million in 2020, and is projected to reach $25,980.18 million by 2030, registering a CAGR of 13.42%. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. This is attributed to rapid growth in demand for SCM software due to supply chain disruptions triggered by the COVID-19 pandemic. In addition, there is huge demand for online shopping in several areas, which requires food & beverage, manufacturing, and logistics companies to increase their investments in automation, including the automation of supply chains. Thus, fueling the growth of the market.
Due to this outbreak, number of industries have been affected and maintaining the complex supply chain networks is becoming difficult for them, which is expected to drive the demand for SaaS-based SCM. For instance, according to a survey conducted by 'Institute for Supply Chain Management Organization' in March 2020, almost 75% of the companies reported global SCM disruptions in one form or other due to the corona virus related transportation restrictions and it is further expected to increase in the upcoming few weeks. In the aftermath of severe disturbance from the COVID-19 pandemic, enterprises across the globe are intended to review their supply chain strategies to turn out to become resilient, collaborative, and coordinate with clients, suppliers, and other stakeholders. To do that, they will increase investment in SaaS-based SCM, which is expected to be opportunistic for the growth of the market.
Key findings of the Study
- By Solution, in 2020 the Software dominated the SaaS-based SCM market size.
- Depending on deployment, the public generated the highest revenue in 2020 of SaaS-based SCM market share. However, hybrid segment is expected to exhibit significant growth during the forecast period.
- By User, in 2020 the large enterprises dominated the SaaS-based SCM market size.
- Region wise, the SaaS-based SCM industry was dominated by North America region. However, Asia-Pacific is expected to witness significant growth in the upcoming years.
- Some of the key SaaS-based SCM industry players profiled in the report are Accenture, SAP SE, Oracle Corporation, Blue Yonder Group, Inc., Infor, Manhattan Associates, The Descartes Systems Group Inc., HighJump (Korber AG), Kinaxis Inc., and IBM Corporation. This study includes market trends, SaaS-based SCM market analysis, and future estimations to determine the imminent investment pockets.
Companies Mentioned
- IBM
- Accenture
- Oracle Corporation
- SAP SE
- Blue Yonder Group, Inc.
- Manhattan Associates, Inc.
- Infor
- The Descartes Systems Group Inc.
- HighJump
- Kinaxis Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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