Supply Chain Analytics Market is projected to grow at a CAGR of more than 16.5% during the period of 2018-2026
Market Benefits
The Supply Chain Analytics Market is accounted for $13.69 billion in 2017 and is expected to reach $54.26billion by 2026 growing at a CAGR of 16.5% during the forecast period. Rising need for process business data to improve efficiency and escalating awareness about the benefits of supply chain analytics. However, Budget limitations among enterprises are inhibiting the market.
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Supply chain analytics is a right place to use analytic tools to look for a superior business position, because of its complexity and also it plays major role in a company's cost structure and profitability. Supply chain analytics goal is to improve forecasting and efficiency and be additional approachable to client needs. It is the function of statistics, mathematics sensor data, analytical modeling and machine learning techniques to find significant information and patterns in order, Transactional Shipment. It is used in decision making processes across organization verticals includes strategic alliances, technology, ERM and organizational infrastructure.
Market Players:
Some of the key players in Supply Chain Analytics market include Birst, INC., Capgemini S.A., Genpact, IBM Corporation, Kinaxis INC., Microstrategy, Oracle Corporation , SAP SE, SAS Institute, INC., Tableau, Wipro, Northrop Grumman, Theodore Wille Intergrade, United Technologies and Accenture.
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Market Segmentation:
By end user, manufacturing segment held largest market share. In many regions due to product availability have been influence manufacturing companies to meet the increasing demand while maintaining the same marginal levels.
Based on geography, Asia Pacific dominates the global market. In this region, the growth of the market is influenced by rising responsiveness about the advantages of analytics solutions among organizations belonging to different end users.
Services Covered:
• Support and Maintenance Services
• Professional Services
• Integration Service
Consulting Service
• Deployment Models Covered:
• On-Demand/Cloud-Based Deployment
• On-Premise Deployment
Solutions Covered:
• Visualization And Reporting Tools
• Transportation And Logistics Analytics
• Supply Chain Planning And Procurement
• Sales And Operations Planning (S&Op)
• Manufacturing Analytics
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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