Supply Chain Analytics Market Size By Component (Solution [Demand Planning, Procurement Analytics, Inventory Analytics, Manufacturing Analytics, Logistics Analytics], Service [Professional Service, Managed Service]), Organization Size (Large Enterprises, SMEs), By Deployment Size (On-premise, Cloud), By Application (Retail, Manufacturing, Transportation and Logistics, Healthcare, Government & Defense, Automotive, Energy & Utilities), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Jan 2021  |  Report ID: GMI2024  |  Authors: Ankita Bhutani, Preeti Wadhwani

Report Format: PDF   |   Pages: 275   |   Base Year: 2020

Summary Table of Contents Industry Coverage Methodology

Industry Trends

Supply Chain Analytics Market size exceeded USD 4 billion in 2020 and is projected to register gains at over 16% CAGR from 2021 to 2027. Rise in demand for supply chain efficiencies and the need for improved operational processes is expected to fuel the industry growth. The growing volume & inclination toward data-based decision making is supporting the adoption of supply chain analytics solutions & services across industries. Significant technology innovations in supply chain management are anticipated to propel the industry growth.

Supply Chain Analytics Market

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Supply chain analytics solutions & services have gained significant demand from industries amid the ongoing COVID-19 pandemic as a majority of the companies have switched to big data and analytics. With disruptions across the supply chain, enterprises are set to adopt analytics solutions to plan, predict, and forecast the demand & supply. Considering the present interruptions caused due to the COVID-19 crisis, the demand for supply chain analytics solutions is expected to increase significantly.

Supply Chain Analytics Market Report Coverage
Report Coverage Details
Base Year:2020
Market Size in 2020:USD 4 Billion
Forecast Period:2021 to 2027
Forecast Period 2021 to 2027 CAGR:16%
2027 Value Projection:USD 10 Billion
Historical Data for:2016 to 2019
No. of Pages:275
Tables, Charts & Figures:465
Segments covered:Component, Organization size, deployment model, Application and Region
Growth Drivers:
  • Growing e-commerce industry in China and India
  • Increasing penetration of big data in the retail industry in the U.S
  • Growing proliferation of smartphones in Asia Pacific
  • Increasing competition among retailers and increasing need for differentiation in North America
  • Growing need for analytics maturity in Asia Pacific
  • New generation of highly informed and demanding customers in Europe
Pitfalls & Challenges:
  • Data security and privacy concerns
  • Lack of technical expertise

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Advent of cognitive technologies in the supply chain will fuel the market revenue

The traditional supply chain systems require manual management and information updates. The integration of these disruptive technologies has helped companies to automate the monitoring of stocks and production along with inventory management in real-time. This provides enhanced supply chain visibility and administration capabilities. These advanced benefits and consistent innovation are driving the demand for supply chain analytics solutions.

Need for enhanced visibility and efficient supply chain operation to spur the solution segment in the UK

In the UK, the solution segment held above 60% of the supply chain analytics market share in 2020. The enterprise-wide need to improve operational effectiveness and efficiency through data-driven verdicts is propelling the adoption of supply chain analytics solutions. Regional companies across the market are developing advanced technology solutions to assist enterprises with business decisions. For instance, in January 2021, The Smart Cube launched the latest version of its Amplifi Pro, a procurement intelligence platform. The latest version features additional technical enhancements and features. This launch helped the company to serve advanced tools for industrial enterprises to cater to their procurement decisions.

Favorable government initiatives to drive the SMEs segment in China

China Supply Chain Analytics Market Size

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The supply chain analytics market from SMEs in China is projected to witness a growth rate of over 23% through 2027. The consistently increasing volumes of SMEs across the retail and manufacturing industries have contributed to the segment growth. In addition, supportive government initiatives will propel the business expansion.

For instance, in February 2020, the Chinese government launched supportive policies to support the market growth of SMEs with production and operation processes. The launched policies target finance, social security, subsidies, and taxation. The launched policies apply to all SMEs including international companies registered in China. These finance policies are forecast to enable the adoption of supply chain analytics solutions across SMEs.

An upsurge in the adoption of cloud computing services and infrastructure to drive the cloud deployment demand in Brazil

Brazil Supply Chain Analytics Market Share

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The Brazil cloud deployment market was around 26% in 2020 and is anticipated to grow exponentially from 2021 to 2027. The country is witnessing an expansive adoption of cloud-based services. For instance, according to the Brazilian Network Information Centre’s research study, in 2019, the penetration of cloud-based storage augmented to 38% from 25% in 2018.

Regional enterprises are emphasizing on edge technologies to improve their business efficiencies, supporting the market statistics. For instance, in April 2020, CargoX, a Brazilian logistics startup company, raised USD 80 million in a Series E funding round led by Goldman Sachs, Farallon Capital, LGT Lightstone, and Valor Capital. The company planned to utilize the raised funding for the development of edge-technologies and enhance its logistics operations. Considering cloud adoption, the demand for cloud-based supply chain analytics solutions is expected to increase significantly across the country.

Increasing investments and developments in the retail industry are likely to propel application segment growth in India

In India, the retail application captured more than 23% market share in 2020 and is forecast to expand at above 25% CAGR till 2027. Growth is attributed to the expansive retail & e-commerce industry followed by investments from private enterprises. For instance, in August 2018, IKEA, a furnishing retailer, planned to invest approximately USD 157.5 billion to open 25 stores by 2025 followed by its first store in Hyderabad, India. According to the India Brand Equity Foundation, the Indian retail market is poised to cross USD 1,200 billion by FY2021. Considering these figures, regional enterprises are predicted to drive demand for supply chain analytics solutions & services.

Widespread presence of enterprises and penetration of supply chain solutions to augment North America market demand

North America Supply Chain Analytics Market Statistics

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North America supply chain analytics market held about 40% share in 2020 and is estimated to dominate the industry through 2027. The widespread presence of prominent enterprises including IBM Corporation and Oracle Corporation along with supply chain analytics solution development & innovation is contributing to the market revenue.

For instance, in September 2020, Oracle Corporation launched the latest iteration of its Oracle Fusion Cloud Supply Chain & Manufacturing solution in the market. The company added logistics digital assistance, AI-powered planning advisor, product procurement, and revenue management capabilities. This launch helped the company to address the demand from enterprises to resolve complexities that arose due to the COVID-19 crisis. Similarly, the expansive penetration of supply chain analytics solutions across the region is propelling the business growth.

Launch of innovative solutions with enhanced features to gain a competitive edge in the market

The global supply chain analytics market is witnessing considerable new product developments to cater to the demand from corporate enterprises. For instance, in October 2019, IBM Corporation launched an integrated supply chain suite powered by IBM Blockchain and Watson AI. The launched suite incorporates features from sterling order management and B2B networks solution. This launch helped the company to serve the global supplier ecosystem with advanced supply chain analytics solutions.

The market has also witnessed several strategic acquisitions and partnerships. For instance, in October 2020, Information Resources, Inc. acquired Retail Solutions, Inc., a supply chain analytics solution provider. This acquisition helped the company to serve retailers and CPG manufacturers more effectively.

Some of the key players operating in the market are, Axway, Inc., Blue Yonder Group, Inc., Bridgei2i Analytics Solutions Private Limited, Capgemini SE, DataFactZ, Halo BI (Logility Inc.), IBM Corporation, Infor, Logility, Inc., Manhatten Associates, Inc., Oracle Corporation, QlikTech International AB, Sage Clarity Systems, SAP SE, SAS Institute Inc., Savi Technology, Tableau Software, LLC., TIBCO Software, and Voxware.

This market research report on supply chain analytics includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

Market, By Component

  • Solution 
    • Demand Planning
    • Procurement Analytics
    • Inventory Analytics
    • Manufacturing Analytics
    • Logistics Analytics
  • Service
    • Professional Service
    • Managed Service

Market, By Organization Size

  • Large Enterprises
  • SMEs

Market, By Deployment Model

  • On-premise
  • Cloud

Market, By Application

  • Retail
  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • Government & Defense
  • Automotive
  • Energy & Utilities
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa

Frequently Asked Questions (FAQ) :

Global supply chain analytics industry share surpassed USD 4 billion in 2020 and is predicted to exhibit a CAGR of over 16% during 2021-2027 owing to a growing demand data-based decision making.
The solution segment accounted for over 60% of the U.K. supply chain analytics sector in 2020 due to a rising demand for integrating supply chain analytical solutions to enhance operational efficiency.
China market share from SMEs segment is anticipated to showcase a CAGR of over 23% over 2021-2027 with an increased number of SMEs in manufacturing and retail industries.
The cloud deployment segment held over 26% of the supply chain analytics market in Brazil in 2020 and is predicted to grow through 2027 owing to extensive integration of cloud-based services.

Premium Report Details

  • Published Date: Jan 2021
  • Pages: 275
  • Tables: 437
  • Charts / Figures: 28
  • Companies covered: 19
  • Countries covered: 18

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