The inclination of the organization towards the manufacturing of top-line products with minimum material waste and appropriate sales, and transportation of goods has marked the increasing demand for supply chain analytics solutions across the globe. Growing manufacturing facilities has increased the volume of business data in enterprises, owing to which, there is rising adoption of supply chain analytics solutions for the proper structuring of data. Various industries such as manufacturing, healthcare, transportation and logistics are some of the sectors that are significantly embracing supply chain analytics solutions in their industries.
The global supply chain analytics market is further analyzed on the basis of geographical regions, including North America, Europe, Asia-Pacific, and Rest of the World. North America contributed the largest share in the global supply chain analytics market in 2018. This is mainly attributed to considerable adoption of advanced technologies in the business operations in the region, which further includes the integration of supply chain analytics in manufacturing companies, healthcare sector, and transportation of consumer goods. Furthermore, Asia-Pacific is projected to exhibit the fastest growth in the global supply chain analytics market during the forecast period. A growing number of small- and mid-size manufacturing industries and business organizations in emerging economies such as China, is a major factor that is propelling the market growth in Asia-Pacific.
Some of the players operating in the global supply chain analytics market include Accenture PLC, Manhattan Associates, Inc., Transplace Inc., SAS Institute Inc., Genpact Ltd., IBM Corp., Oracle Corp., SAP SE, and TARGIT A/S. The companies are focused on the development of innovative solutions for supply chain analytics market to stay competitive in the market. Geographical expansion, merger and acquisition, partnerships, collaborations and so forth keep the market players competitive in the market. For instance, in April 2019, Transplace Inc. signed a partnership agreement with Riskpulse, a supply chain risk analytics company. Through this partnership, Transplace has planned to integrate predictive analytics and machine learning into its logistics management solutions, in order to deploy greater optimization and predictability in its supply chain.
Research Methodology:
The market study of the global supply chain analytics market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for e-commerce companies, retail and logistics service providers, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global Supply Chain Analytics Market Research and Analysis by Solution
- Global Supply Chain Analytics Market Research and Analysis by Deployment Model
- Global Supply Chain Analytics Market Research and Analysis by Industry Vertical
The Report Covers:
- Comprehensive research methodology of the global supply chain analytics market.
- This report includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global supply chain analytics market.
- Insights about market determinants which are stimulating the global supply chain analytics market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
