Global SaaS-Based Supply Chain Management (SCM) Market Size, Share and Trends Analysis Report, By Solution (Software and Service), By Deployment (Public, Private & Hybrid), By End-User Industry (Consumer Goods, Retail, Manufacturing, Food and Beverages, Healthcare, and Others) Forecast Period (2022-2028)

The global SaaS-based SCM market is anticipated to grow at a significant CAGR of 12.2% during the forecast period (2022-2028). The demand for real-time supply chain analysis, technological advancements in the supply chain industry, and increased ICT investment are all driving the growth of the global SaaS-based SCM market. The market expansion is fueled by factors such as the development of industrial-grade digital technologies and an increase in the demand for greater supply chain visibility. The SaaS-based SCM market growth is fueled by an increase in the need for demand management solutions among businesses and the use of SaaS-based SCM software in healthcare and pharmaceutical organizations. A surge in demand for transportation management system (TMS) software is likely to open up significant market expansion potential in the near future.

Through improved analytics and supply chain forecasting models, SaaS-based SCM enables end-to-end insight into commodities and product mobility. This solution is intended to improve and strengthen an organization’s supply chain operations by managing production, inventory, sourcing, transportation, and product demand. It also offers exception-based process management solutions, which allow employees to micro-manage steady-state processes, and delivers superior visibility to businesses with cross-functional access.

The cloud-based deployment strategy has no upfront costs and requires little maintenance, thus it is favored by a wide range of businesses, including SMEs and major corporations. Direct IT control, real-time supply chain tracking, faster data processing, and cloud deployment cost-effectiveness are just a few of the aspects expected to boost the market growth. There has been a growth in the use of cloud-based supply chain management software, which provides SMEs with a cost-effective and efficient solution.

Some major players in the market include Oracle Corp., Accenture PLC, AP India Pvt. Ltd., SAP SE, IBM Corp., Kinaxis Inc., and Koch Industries, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, IBM Corp. provides a supply chain transparency solution, to transact with supply chain partners more reliably and efficiently, the client can construct an immutable, distributed, and shared ledger. Blockchain is critical in a society where ideal supply chains are defined by speed, accuracy, and connectedness.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Solution
  • By Deployment
  • By End-User Industry
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Oracle Corp., Accenture PLC, AP India Pvt. Ltd., SAP SE, IBM Corp., Kinaxis Inc., and Koch Industries, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global SaaS-based SCM Market Report by Segment

By Solution

• Software
• Service

By Deployment

• Public
• Private
• Hybrid

By End-User Industry

• Consumer Goods
• Retail
• Manufacturing
• Food and Beverages
• Healthcare
• Others

Global SaaS-based SCM Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa