Supply Chain Analytics Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Supply Chain Analytics market, including market size, growth forecasts, regional insights, industry trends, and key players from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $10.00 Billion |
| CAGR (2023-2033) | 12% |
| 2033 Market Size | $32.53 Billion |
| Top Companies | SAP SE, Oracle Corporation, IBM Corporation, Kinaxis Inc., JDA Software |
| Last Modified Date | 15 November 2024 |
Supply Chain Analytics Market Overview
What is the Market Size & CAGR of Supply Chain Analytics market in 2023?
Supply Chain Analytics Industry Analysis
Supply Chain Analytics Market Segmentation and Scope
Request a custom research report for industry.
Supply Chain Analytics Market Analysis Report by Region
Europe Supply Chain Analytics Market Report:
The European Supply Chain Analytics market is expected to grow from $2.99 billion in 2023 to $9.73 billion by 2033. The emphasis on regulations and sustainability in supply chains propels the adoption of analytics solutions.Asia Pacific Supply Chain Analytics Market Report:
The Asia Pacific region is witnessing significant growth in the Supply Chain Analytics market, with a projected market size of $6.01 billion by 2033, up from $1.85 billion in 2023. This growth is driven by increasing adoption of advanced technologies and a growing emphasis on manufacturing and logistics efficiencies.North America Supply Chain Analytics Market Report:
North America remains a significant player, with its market size projected to reach $11.98 billion by 2033, up from $3.68 billion in 2023. The region's mature technological infrastructure and the presence of key players drive market growth.South America Supply Chain Analytics Market Report:
In South America, the market is estimated to grow from $0.61 billion in 2023 to $2.00 billion in 2033. The rising demand for improved supply chain visibility and optimization strategies among local industries fuels this expansion.Middle East & Africa Supply Chain Analytics Market Report:
In the Middle East and Africa, the market is projected to rise from $0.87 billion in 2023 to $2.83 billion by 2033. This growth is attributed to increasing investments in infrastructure and technology by governments and private sectors.Request a custom research report for industry.
Supply Chain Analytics Market Analysis By Technology
Global Supply Chain Analytics Market, By Technology Market Analysis (2024 - 2033)
The Supply Chain Analytics market by technology is segmented into descriptive, predictive, and prescriptive analytics. In 2023, descriptive analytics held a substantial share of 61.16% and is expected to see significant growth, reaching approximately $19.90 billion by 2033. Predictive analytics, holding 26.68% of the market share in 2023, is also set to grow to $8.68 billion, while prescriptive analytics is projected to reach $3.96 billion with a share of 12.16%.
Supply Chain Analytics Market Analysis By Deployment Type
Global Supply Chain Analytics Market, By Deployment Type Market Analysis (2024 - 2033)
The deployment type segment is categorized into cloud-based and on-premises solutions. Cloud-based analytics leads the market with an impressive share of 81.6% in 2023 and is estimated to reach $26.55 billion by 2033. On-premises solutions, while smaller, still hold a significant share of 18.4% and are expected to grow to $5.99 billion over the same period.
Supply Chain Analytics Market Analysis By End User
Global Supply Chain Analytics Market, By End-User Industry Market Analysis (2024 - 2033)
The end-user segment features industries such as manufacturing, retail, transportation and logistics, and healthcare. Manufacturing leads the segment with a market size of $15.72 billion by 2033, maintaining a steady share of 48.32%. Retail follows with a projected size of $6.70 billion and a share of 20.59%. Healthcare and transportation and logistics account for $3.40 billion and $3.44 billion, respectively, both maintaining stable shares.
Supply Chain Analytics Market Analysis By Functionality
Global Supply Chain Analytics Market, By Functionality Market Analysis (2024 - 2033)
Functionality-wise, demand planning stands out with a share of 52.53%, projected to reach $17.09 billion by 2033. Inventory management follows closely with a 24.66% share valued at $8.02 billion. Supply planning and analytics optimization, with shares of 12.41% and 10.4%, are also significant growth areas.
Supply Chain Analytics Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Supply Chain Analytics Industry
SAP SE:
SAP SE offers solutions that enhance supply chain management through powerful analytics tools that provide insights for effective decision-making.Oracle Corporation:
Oracle Corporation provides cloud-based analytics platforms that empower companies to optimize their supply chains using advanced data analytics and AI.IBM Corporation:
IBM offers comprehensive analytics solutions for supply chain management, focusing on predictive analytics and AI-driven insights.Kinaxis Inc.:
Kinaxis delivers cloud-based supply chain planning solutions that leverage real-time analytics to optimize inventory and demand management.JDA Software:
JDA Software focuses on providing end-to-end solutions that optimize supply chain processes through rapid analytics and actionable insights.We're grateful to work with incredible clients.
Related Industries
FAQs
What is the market size of supply Chain Analytics?
The global supply chain analytics market is currently valued at approximately $10 billion and is projected to grow at a compound annual growth rate (CAGR) of 12% over the next decade, reaching significant growth in various segments and regions.
What are the key market players or companies in this supply Chain Analytics industry?
Key players in the supply chain analytics market include major technology companies specializing in analytics solutions such as SAP, Oracle, IBM, Microsoft, and Cisco. These companies are recognized for their advanced technologies and comprehensive offerings in supply chain management.
What are the primary factors driving the growth in the supply chain analytics industry?
Growth factors in the supply chain analytics sector include the increasing adoption of cloud-based solutions, the need for improved operational efficiency, and the demand for real-time data analytics to make quick, informed decisions in supply chain processes.
Which region is the fastest Growing in the supply chain analytics?
North America is the fastest-growing region for supply chain analytics, driven by advancements in technology and a strong presence of key market players. The market is expected to expand from approximately $3.68 billion in 2023 to $11.98 billion by 2033.
Does Consainsights provide customized market report data for the supply chain analytics industry?
Yes, Consainsights offers tailored market report data specific to the supply chain analytics industry. Clients can request custom analyses and insights suited to their particular needs, ensuring relevant and actionable information.
What deliverables can I expect from this supply chain analytics market research project?
Deliverables from this market research will include comprehensive reports, detailed data analytics, market segmentation analysis, competitive landscape assessments, and forecasts that outline trends and opportunities within the supply chain analytics environment.
What are the market trends of supply chain analytics?
Current trends in the supply chain analytics market include a shift towards cloud-based solutions, increased reliance on AI and machine learning for predictive analytics, an emphasis on real-time supply chain visibility, and a growing focus on sustainability practices.