The Europe Supply Chain Analytics Market is expected to witness market growth of 17.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Supply Chain Analytics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.67 billion by 2031. The UK market is exhibiting a CAGR of 16.2% during 2024-2031. Additionally, the France market would experience a CAGR of 17.9% during 2024-2031.
Supply chains are susceptible to risks, including natural disasters, geopolitical events, and supplier insolvencies. Analytics enables organizations to assess risks in their supply chains and develop contingency plans, enhancing resilience and responsiveness to disruptions.
Moreover, organizations can leverage analytics to optimize their supply chain network, considering factors such as facility location, transportation costs, and customer demand. Businesses can make informed decisions regarding facility placements and distribution strategies by simulating different scenarios.
The rising production of high-tech products in Europe significantly reshapes the supply chain analytics market. According to Eurostat, the production of high-tech products sold increased from €271 billion in 2013 to €406 billion in 2023. This substantial growth illustrates not only the increasing demand for cutting-edge technologies but also the complexities that come with managing their supply chains. As high-tech products account for 19% of total extra-EU imports and 18% of total extra-EU exports in 2023, the efficient management of supply chains becomes critical to ensuring that European manufacturers can compete.
The Germany market dominated the Europe Supply Chain Analytics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.67 billion by 2031. The UK market is exhibiting a CAGR of 16.2% during 2024-2031. Additionally, the France market would experience a CAGR of 17.9% during 2024-2031.
Supply chains are susceptible to risks, including natural disasters, geopolitical events, and supplier insolvencies. Analytics enables organizations to assess risks in their supply chains and develop contingency plans, enhancing resilience and responsiveness to disruptions.
Moreover, organizations can leverage analytics to optimize their supply chain network, considering factors such as facility location, transportation costs, and customer demand. Businesses can make informed decisions regarding facility placements and distribution strategies by simulating different scenarios.
The rising production of high-tech products in Europe significantly reshapes the supply chain analytics market. According to Eurostat, the production of high-tech products sold increased from €271 billion in 2013 to €406 billion in 2023. This substantial growth illustrates not only the increasing demand for cutting-edge technologies but also the complexities that come with managing their supply chains. As high-tech products account for 19% of total extra-EU imports and 18% of total extra-EU exports in 2023, the efficient management of supply chains becomes critical to ensuring that European manufacturers can compete.
List of Key Companies Profiled
- SAP SE
- Oracle Corporation
- IBM Corporation
- SAS Institute Inc.
- Manhattan Associates, Inc.
- MicroStrategy, Inc.
- Lockheed Martin Corporation
- Accenture PLC
- Genpact Limited
- A.P. Moller - Maersk A/S
Market Report Segmentation
By Component
- Solutions
- Sales & Operations Analytics
- Logistics Analytics
- Manufacturing Analytics
- Planning & Procurement
- Visualization & Reporting
- Services
- Professional Service
- Support & Maintenance
By End Use
- Manufacturing
- High Technology Products
- Retail & Consumer Goods
- Healthcare
- Transportation
- Aerospace & Defense
- Other End Use
By Organization Size
- Large Enterprises
- SMEs
By Deployment
- Cloud
- On-Premise
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Supply Chain Analytics Market by Component
Chapter 6. Europe Supply Chain Analytics Market by End Use
Chapter 7. Europe Supply Chain Analytics Market by Organization Size
Chapter 8. Europe Supply Chain Analytics Market by Deployment
Chapter 9. Europe Supply Chain Analytics Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the leading companies profiled in this Europe Supply Chain Analytics Market report include:- SAP SE
- Oracle Corporation
- IBM Corporation
- SAS Institute Inc.
- Manhattan Associates, Inc.
- MicroStrategy, Inc.
- Lockheed Martin Corporation
- Accenture PLC
- Genpact Limited
- A.P. Moller - Maersk A/S
Methodology
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