The latest report by IMARC Group, titled “SaaS-based SCM Market Report by Solution (Software, Services), Deployment Mode (Public, Private, Hybrid), End User (Large Enterprises, Small and Medium Enterprises), Application (Transportation Management, Inventory and Warehouse Management, Sourcing and Procurement Management, Order Management, Demand and Operations Planning, and Others), Vertical (Consumer Goods and Retail, Food and Beverages, Healthcare and Life Sciences, Manufacturing, Transportation and Logistics, and Others), and Region 2024-2032“, offers a comprehensive analysis of the industry, which comprises insights on the global SaaS-based SCM market share. The global market size reached US$ 8.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.7 Billion by 2032, exhibiting a growth rate (CAGR) of 14.3% during 2024-2032.
Supply chain management through Software as a Service (SaaS) is a cloud-based solution that simplifies how companies handle their supply chain processes. This system, managed by an external provider over the internet, takes care of inventory, procurement, logistics, and demand forecasting. By utilizing this model, organizations can enjoy benefits like avoiding initial investments in software and hardware infrastructure. This allows them to concentrate on their main business operations. Furthermore, SaaS-based SCM offers adaptability, scalability, and convenience for users to access and control their supply chain information from anywhere with an internet connection. Moreover, its subscription-based pricing structure ensures cost-effectiveness by minimizing ongoing maintenance costs.
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SaaS-based SCM Market Trends and Drivers:
The expansion of the healthcare industry is a key driver of growth in the SaaS-based supply chain management (SCM) market. The use of SCM is increasingly crucial in maintaining a steady flow of medical supplies, pharmaceuticals, and equipment. SaaS-based SCM solutions are instrumental in helping healthcare providers streamline inventory management, reduce waste, and ensure the availability of essential supplies for improved patient care. Additionally, the automotive sector has embraced SaaS-based SCM to efficiently manage components from multiple suppliers, enabling just-in-time inventory practices and fostering better collaboration with suppliers to enhance production processes. Furthermore, the food and beverage (F&B) industry is leveraging SaaS-based SCM to uphold product freshness and quality through real-time monitoring of temperature-sensitive items and optimized inventory management to minimize waste, signaling a promising future for the market.
Report Segmentation:
The report has segmented the market into the following categories:
SaaS-based SCM Market
- Software
- Services
Breakup by Deployment Mode:
- Public
- Private
- Hybrid
Breakup by End User:
- Large Enterprises
- Small and Medium Enterprises
Breakup by Application:
- Transportation Management
- Inventory and Warehouse Management
- Sourcing and Procurement Management
- Order Management
- Demand and Operations Planning
- Others
Breakup by Vertical:
- Consumer Goods and Retail
- Food and Beverages
- Healthcare and Life Sciences
- Manufacturing
- Transportation and Logistics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Blue Yonder Inc.
- Descartes Systems Group Inc.
- Epicor Software Corporation (KKR & Co. Inc.)
- Highjump Software Inc. (Körber AG
- International Business Machines Corporation
- Infor Inc. (Koch Industries, Inc.),
- Kinaxis Inc.
- Logility Inc. (American Software Inc.)
- Manhattan Associates Inc.
- Oracle Corporation
- SAP SE.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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