SaaS based SCM Market Growth Analysis, Forecasts to 2025 : Descartes, Epicor Software Corporation, HighJump, IBM Corporation

Global SaaS-Based SCM market is expected to grow from US$ 2.65 billion in 2015 to US$ 20.05 billion by 2025 at a CAGR of 22.7% over the forecast period 2016 and 2025.

Within the SaaS-based SCM market, various regions are observed to exhibit different growth trends. The North America (NA) and Europe (EU) in total holds more than half of the total SaaS-based SCM market, while the regions such as Asia Pacific (APAC), Middle East and Africa (MEA) and South America (SAM) are exhibiting a high growth due to various factors such as increase in internet infrastructure, increased spending of an average individual. Adoptions of SaaS-based SCM is expected to accelerate at a high growth rate in the coming few years due to, financial, technology and communications and government industry verticals’ inclination towards adopting such solutions which can provide better energy efficiency, easy capacity expansion and optimized CAPEX. Many small and large organizations and enterprises in the above verticals have adopted SaaS-based SCM solutions owing to the various advantages it offers, thus influencing theSaaS-based SCM market revenues and growth rates globally.

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SaaS is an emerging technology that is transforming traditional on-premise software systems into a modern cloud-based solution globally. Along with reduced efforts of running a process, installing and purchasing software, it also helps an organization minimize its costs and maximize its revenue. Consequently, private organizations across the world have understood the potential behind these services and come up with cloud based services.

Global SaaS-Based SCM Market - Company Profiles

  • Descartes
  • Epicor Software Corporation
  • HighJump
  • IBM Corporation
  • Infor
  • JDA Software Group Inc.
  • Kewill
  • Manhattan Associates Inc.
  • Oracle Corporation
  • SAP SE

SaaS-Based SCM Market Insights

Rapid pace of digitization and the need for cost efficient solution

In the era of automation, programmed machineries play vital role in reducing cost and time taken, to produce goods or to cater services. The users of applications are enabled to have more control over the sensitive data with features like 24/7 monitoring and security.

Rapid digitization has added pressures on the organizations today to rely on cloud-based applications. A cloud-based application can be used to easily scale up or scale down the operations as per the demand being currently witnessed in the SaaS-based SCM market. It handles flexibility to the application users. The flexibility offered by the SaaS model for SCM applications gives a competitive advantage to users by letting them to quickly adjust to the demands of their respective customers and incorporate the necessary changes in the operations efficiently. Users derive high efficiency through this with reduced cost pressures that make them highly competitive in the market.

With the help of cloud solutions, users expand in turn their customer base without many additional costs in the era of growing competition. By evenly spreading costs and affordable pricing schemes for businesses that might have been expensive otherwise for the same capabilities is luring businesses to adopt the model leading to the growth of the SaaS-based SCM market.

Another most critical aspect related to supply chain management is the redundancy of data. In case of a centralized on-premise supply chain management solution for a large organization, if there is some problem at the central server, there can be a catastrophic loss to the entire data, while in case of cloud-based service, the data is processed from servers to servers at a very fast speed. Even if one server collapses, there are other servers that ensure the continuity of the operations and thus reducing the downtime of services. Realizing the cost efficiencies, redundant services and the need to cater to ever-increasing demands, customers are steadily making a shift to cloud-based supply chain services.

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The report segments the global SaaS Based SCM market are as follows:

Global SaaS-Based SCM Market – By Deployment Model

  • Private cloud-based SCM
  • Public cloud-based SCM
  • Hybrid cloud-based SCM

Global SaaS-Based SCM Market – By Solution

  • Manufacturing Planning
  • Sourcing and Procurement
  • Supply Chain Planning
  • Warehouse Management
  • Transportation Management
  • Others

Global SaaS-Based SCM Market – By Industry Vertical

  • Transportation & Logistics Services
  • Manufacturing
  • Retail
  • Public Sector
  • Distribution

Global SaaS-Based SCM Market – By End User

  • Small & Medium Enterprises (SMEs) (<)
  • Large Enterprises (>=1B )

Global SaaS Based SCM Market – By Geography

  • North America : U.S, Canada, Mexico
  • Europe: France, Germany, Italy, Spain, U.K Rest of Europe
  • Asia Pacific (APAC):  Japan, China, India, Australia, Rest of APAC
  • Middle East & Africa (MEA): Saudi Arabia, South Africa, UAE, Rest of MEA
  • South America (SAM): Brazil, Rest of SAM

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Posted by on Monday December 09 2019, 2:04 AM EDT. All trademarks acknowledged. Filed under Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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