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Asia/Pacific Logistics and Transportation Management Applications Market Shares, 2022: Currency Fluctuation Hits Revenue, Supply Chain Appetite Rises

Publisher IDC
Published Oct 04, 2023
Length 11 Pages
SKU # IDC18238249

Description

Asia/Pacific Logistics and Transportation Management Applications Market Shares, 2022: Currency Fluctuation Hits Revenue, Supply Chain Appetite Rises


This IDC Market Share offers insights into the shares of logistics and transportation management applications in APJ. Despite the challenges, this market demonstrated healthy growth in 2022 when measured in constant currency. Increased investments in public cloud deployments boosted the growth trajectory. However, the growth is also propelled by the imperative for digital capabilities that enable supply chains to adapt to emerging business models and capitalize on fresh opportunities."Manufacturers in Asia are struggling because of currency devaluation and the expensive U.S. dollar. Despite these hurdles, apart from inflation and global uncertainty, companies are willing to invest in digital transformation (DX) to improve their supply chain efficiency and resilience. To help them, supply chain software makers should create platform-based, affordable options that integrate well with the existing system, include the latest technology, such as GPT and AI/ML, and provide local support. This will meet the needs of manufacturers in Asia better," says Rani Ratna, senior research manager, IDC Manufacturing Insights.

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
SAP
Oracle
BokeSoft
E2open
Market Context
Significant Market Developments
Methodology
Market Definition
Supply Chain Management Applications
Inventory Management Applications
Logistics Applications
Supply Chain Planning Applications
Related Research
How Do Licenses Work?
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