Global Cloud Supply Chain Management Market Outlook to 2026


DUBLIN, November 4, 2021 / PRNewswire / – The “Cloud Supply Chain Management Market – Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.

The cloud supply chain management market is valued at US $ 14.307 billion for the year 2019 and is expected to grow at a CAGR of 13.81% to reach a market size of 35.395 billion US dollars by 2026.

The growth of the cloud supply chain management market is primarily attributed to the continuous movement of business processes to the cloud, as companies continue to focus more on agility while adopting solutions that can increase their profit margins by streamlining business processes. The growing focus of businesses on ensuring business continuity should push them towards cloud-based supply chain management solutions that help mitigate potential supply chain risks, which in turn drives growth. of the market.

Strong market growth is expected over the projected period as e-commerce continues to show rapid growth in all major regions of the world. Growing competition between industries is fueling the adoption of advanced cloud-based supply chain management solutions among companies looking to stay ahead of their competition, which is further expected to drive market growth.

The recent outbreak of the novel coronavirus disease has positively impacted the cloud supply chain management market. As the lockdowns and stringent COVID-19 measures have resulted in the closure of factories for various market end-use industries such as manufacturing, retail, automotive among others, the growth of the market of the supply chain management in the cloud also initially declined. However, as supply chains were disrupted due to COVID-19, increased adoption of cloud supply chain management was observed after the first few months as companies learned from the first wave and began to strengthen their supply chains.

Growing use of cloud supply chain management in logistics and transportation management

Various companies are increasingly replacing their traditional management of logistics and transportation with cloud technology, which is one of the major factors expected to drive the growth of the cloud supply chain management market over the course of of the forecast period. The supply chain has become extremely complex today and as a result companies are adopting cloud supply chain management in logistics and transportation management as it provides a high level of visibility into the supply chain.

Additionally, it cuts costs and improves efficiency while providing greater oversight to help avoid consumer shortages. Because of these advantages, a large number of companies are moving towards cloud technology to manage their logistics and transportation. For example, in July 2021, E2open announced working with Tesco PLC, a UK-based multinational grocery and general merchandise retailer, to modernize and streamline Tesco’s logistics and transportation with the cloud-based supply chain management system. With this announcement, Tesco replaced its traditional transportation management system with the E2open platform for better transportation execution, visibility, sourcing collaboration and invoicing processes.

The rise of cloud computing

A large number of organizations are moving towards cloud computing which is expected to positively impact the cloud supply chain management market during the forecast period. Cloud computing allows businesses to store huge amounts of data without the need to set up IT infrastructure themselves, saving businesses time and money. This allows companies to focus entirely on their core business, as cloud computing is provided by third parties, which reduces the costs of managing and maintaining IT systems, resulting in an increasing demand for cloud computing and therefore expected. propel growth. in the cloud supply chain management market in the coming years.

In June 2021, Ferrari has entered into an agreement with Amazon Web Services (AWS) and made them its official cloud provider. According to Ferrari, the decision has been made to transform it into a data-driven organization that uses the power of technology to upgrade its products and customer engagements, while also being able to deliver better driving experiences. Likewise, more and more companies are adopting cloud computing to upgrade their businesses, which is one of the major factors that are expected to drive the market growth in the coming years.

North America hold a significant market share

Geographically, the North American region is expected to hold a significant market share as the industries in the region are technologically advanced and therefore have a higher tendency to adopt technologies such as cloud supply chain management. The Asia Pacific The region is expected to experience substantial growth during the forecast period due to increased investment in cloud-based solutions. According to CAICT, the cloud computing market in China is expected to grow 1.8 times between 2019 and 2023, reaching a market size of 375.42 billion yuan by 2023. In addition, the increasing number of start-ups in the region providing cloud-based solutions is expected to propel the market growth during the forecast period.

Main topics covered:

1. Introduction

2. Research methodology

3. Executive summary

4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining power of end users
4.3.2. The bargaining power of buyers
4.3.3. The threat of new participants
4.3.4. The threat of substitutes
4.3.5. Competitive Rivalry in Industry
4.4. Industry value chain analysis

5. Cloud Supply Chain Management Market Analysis, By Solution
5.1. introduction
5.2. Inventory and warehouse management
5.3. Sales and operations planning
5.4. Demand planning and forecasting
5.5. Transport and logistics management
5.6. Product lifecycle management
5.7. Others

6. Cloud Supply Chain Management Market Analysis, By Deployment Model
6.1. introduction
6.2. Public
6.3. Private
6.4. Hybrid

7. Cloud Supply Chain Management Market Analysis, By Company Size
7.1. introduction
7.2. Small
7.3. Average
7.4. Big

8. Cloud Supply Chain Management Market Analysis, By End Use Industry
8.1. introduction
8.2. Food and drink
8.3. Manufacturing
8.4. Retail
8.5. Health care
8.6. Automotive
8.7. Others

9. Cloud Supply Chain Management Market Analysis, By Geography
9.1. introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. UK
9.4.4. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. United Arab Emirates
9.5.3. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. Japan
9.6.4. South Korea
9.6.5. Taiwan
9.6.6. Thailand
9.6.7. Indonesia
9.6.8. Others

10. Competitive environment and analysis
10.1. Major players and strategic analysis
10.2. Emerging players and market profitability
10.3. Mergers, acquisitions, agreements and collaborations
10.4. Supplier competitiveness matrix

11. Company profiles
11.1. SAP SE
11.2. Infor, Inc.
11.3. Oracle Corporation
11.4. The Descartes Systems Group inc.
11.5. JDA Software Group, Inc.
11.6. Manhattan Associates, Inc.
11.7. Logility, Inc.
11.8. Kinaxis, Inc.
11.9. HighJump Software, LLC
11.10. BluJay Solutions
11.11. CloudLogix Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/embyxb

Media contact:

Research and markets
Laura Wood, senior
[email protected]

For EST office hours, call + 1-917-300-0470
For USA / CAN call toll free + 1-800-526-8630
For GMT office hours, call + 353-1-416-8900

US Fax: 646-607-1904
Fax (outside the United States): + 353-1-481-1716

SOURCE Research and Markets

Related links

http://www.researchandmarkets.com


Leave a Reply

Your email address will not be published.