Supply Chain Analytics

Supply Chain Analytics

Global Supply Chain Analytics Market to Reach US$31.7 Billion by 2030

The global market for Supply Chain Analytics estimated at US$13.0 Billion in the year 2023, is expected to reach US$31.7 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2023-2030. Sales & Operations Planning, one of the segments analyzed in the report, is expected to record a 15.7% CAGR and reach US$12.7 Billion by the end of the analysis period. Growth in the Planning & Procurement segment is estimated at 13.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.5 Billion While China is Forecast to Grow at 12.4% CAGR

The Supply Chain Analytics market in the U.S. is estimated at US$3.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 12.6% and 11.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.

Global Supply Chain Analytics Market - Key Trends and Drivers Summarized

How Is Supply Chain Analytics Revolutionizing Logistics and Operations?

Supply chain analytics is rapidly transforming how companies manage logistics, operations, and overall supply chain efficiency. With the rise of big data, artificial intelligence (AI), and machine learning, businesses are increasingly using data-driven solutions to optimize inventory management, demand forecasting, and supplier performance. These advanced analytics tools allow for real-time insights into supply chain operations, helping companies identify bottlenecks, reduce costs, and improve decision-making processes. As global supply chains become more complex, the ability to anticipate and respond to disruptions becomes critical. Supply chain analytics empowers businesses to mitigate risks and enhance operational efficiency, making it indispensable in today’s globalized market.

What Innovations Are Shaping the Supply Chain Analytics Market?

The integration of AI and machine learning into supply chain analytics is one of the major innovations driving the market. Predictive and prescriptive analytics enable companies to forecast future trends, analyze risks, and make informed decisions that improve supply chain resilience. Additionally, cloud-based solutions are gaining popularity as they offer scalability, lower upfront costs, and accessibility from any location. Internet of Things (IoT) devices are also playing a significant role in supply chain analytics by providing real-time data on transportation and inventory. These innovations are not only improving supply chain performance but also helping businesses achieve greater transparency and sustainability across their operations.

Which Market Segments Are Leading in Supply Chain Analytics?

Key components include software and services, with software solutions dominating the market due to the growing demand for data-driven tools. The deployment segment is divided into on-premise and cloud-based solutions, with cloud-based solutions seeing faster growth due to their flexibility and cost-effectiveness. In terms of end-use industries, manufacturing, retail, healthcare, and transportation are among the largest adopters of supply chain analytics, as they require efficient management of complex global supply chains. Geographically, North America holds the largest market share, followed by Europe, while the Asia-Pacific region is experiencing rapid growth due to increasing industrialization and e-commerce expansion.

What Drives Growth in the Supply Chain Analytics Market?

The growth in the supply chain analytics market is driven by several factors, including the increasing need for real-time visibility in supply chains, rising demand for risk management solutions, and advancements in artificial intelligence and big data analytics. The growth of e-commerce and the trend toward omnichannel retailing are also fueling demand for analytics tools that optimize inventory and distribution. Additionally, regulatory requirements related to traceability and sustainability are prompting companies to invest in supply chain analytics. The growing use of IoT devices and cloud computing is further enhancing the capabilities of these solutions, making supply chain analytics an essential component of modern business operations.

Select Competitors (Total 38 Featured) -

• Birst, Inc.
• Capgemini SE
• Genpact Ltd.
• IBM Corporation
• Kinaxis Inc.
• MicroStrategy, Inc.
• Oracle Corporation
• SAP SE
• SAS Institute, Inc.
• Tableau Software, Inc.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.