Dublin, Feb. 16, 2021 (GLOBE NEWSWIRE) -- The "Supply Chain Management Market by Component (Hardware (Barcode and Barcode Scanners and RFID Tags and Readers), Software, and Services), Deployment Mode (Cloud and On-premises), Organization Size, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global post-COVID-19 SCM market size to grow from USD 23.2 billion in 2020 to USD 41.7 billion by 2026, at a CAGR of 10.3%.
The major growth drivers for the market include increasing demand for greater visibility and transparency in supply chain data and processes. However, growing security and privacy concerns among enterprises may restrain the market growth.
Among hardware, RFID tags and readers to grow at the highest CAGR during the forecast period
RFID tags help in scanning devices or items to determine their location, contents, manufacturing date, shipping data, and order numbers. RFID plays a major role in inventory management, warehouse management, and the retail sector. In the supply chain, RFID plays a major role in enhancing the visibility from the point of manufacturing throughout the supply chain, and most significantly from the backroom to the floor and ultimately to the exit door. RFID helps in lowering the operational costs incurred from the loss or misplacement of items and can help track and easily find all types of supplies, from low-cost gloves to high-cost medical equipment. RFID technology reduces costs, increases safety, and improves SCM. Hence, expected to grow at the highest CAGR during the forecast period.
Large enterprises segment to hold a larger market size during the forecast period
The reduction in infrastructure costs, improvement in business functioning, and sustainability in the intense competition are the key factors that are projected to drive the adoption of SCM in large organizations. The investments done by large enterprises in advanced technologies for increasing productivity and efficiency of the company is also a key factor that is projected to drive the adoption of SCM in large enterprises.
Asia Pacific (APAC) to grow at the highest CAGR during the forecast period
Due to the presence of more middle-class societies, APAC has more varied customer demands. Approximately 70% of the world's container traffic passes through ports in APAC. Moreover, most APAC businesses reach their markets through complex supply chains that include many intermediaries, such as trading partners and a variety of different paths to market. Supply chains in APAC are often significantly more difficult to manage as compared to other regions of the world. To reduce these complexities, the adoption of SCM in the region is increasing. ? The increased shift of APAC enterprises toward leaner and agile supply chains with end-to-end visibility by the adoption of the latest technologies is also one of the biggest drivers of SCM software and services in the region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Supply Chain Management Market
4.2 Market, by Service and Deployment Mode
4.3 Market, by Region
4.4 Supply Chain Management Market: Investment Scenario
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Greater Visibility and Transparency in Supply Chain Data and Processes
5.2.1.2 High Growth in Ecommerce
5.2.1.3 Increasing Adoption of Cloud Supply Chain Management Among SMEs
5.2.1.4 Enhancing Business Continuity by Minimizing Potential Failures
5.2.2 Restraints
5.2.2.1 Growing Security and Privacy Concerns Among Enterprises
5.2.2.2 Inaccuracies in Data Sets
5.2.3 Opportunities
5.2.3.1 Advances in Technologies Are Making Evolution to the Supply Chain Industry
5.2.3.2 Integration of Ai Capabilities with SCM Offerings
5.2.4 Challenges
5.2.4.1 Limited Awareness of Supply Chain Management Tools
5.2.4.2 Lack of Technical Expertise
5.2.4.3 Shortage of Supply and Demand Shocks During COVID-19
5.3 COVID-19-Driven Market Dynamics
5.3.1 Drivers and Opportunities
5.3.2 Restraints and Challenges
5.3.3 Cumulative Growth Analysis
5.4 Value Chain
5.5 Ecosystem: Supply Chain Management
5.6 Average Selling Price/Pricing Model of Supply Chain Management Players 2019-2020
5.7 Technology Analysis
5.7.1 Internet of Things
5.7.2 Big Data
5.7.3 Blockchain
5.7.4 Artificial Intelligence
5.8 Use Cases
5.8.1 Use Case: Accelerating Global Growth with Efficient and Cost-Effective IBM Sterling Supply Chain Business Network
5.8.2 Use Case: Oracle Blockchain Platform Cloud
5.8.3 Use Case: Blue Yonder Solution to Integrate Robotics with Warehouse Management
5.8.4 Use Case: Manhattan Supply Chain Commerce Solutions
5.9 Revenue Shift - Yc/Ycc Shift for the Supply Chain Management Market
5.10 Porter's Five Forces Analysis
5.10.1 Threat from New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Suppliers
5.10.4 Bargaining Power of Buyers
5.10.5 Intensity of Competition Rivalry
6 Supply Chain Management Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.1.2 Component: COVID-19 Impact
6.2 Hardware
6.2.1 Barcodes and Barcode Scanners
6.2.2 Rfid Tags and Readers
6.3 Software
6.3.1 Purchasing Management Software
6.3.1.1 Supply Management Software
6.3.1.2 Procurement Software
6.3.1.3 Capital Purchasing Software
6.3.1.4 Strategic Sourcing Software
6.3.1.5 Transportation Management Software
6.3.2 Inventory Management Software
6.3.2.1 Order Management Software
6.3.2.2 Warehouse Management Software
6.3.2.3 Consignment Management Software
6.3.2.4 Demand Planning Software
6.4 Services
6.4.1 Professional Services
6.4.2 Managed Services
7 Supply Chain Management Market, by Deployment Mode
7.1 Introduction
7.2 Cloud
7.2.1 Cloud: Market Drivers
7.2.2 Cloud: COVID-19 Impact
7.3 On-Premises
7.3.1 On-Premises: Market Drivers
7.3.2 On-Premises: COVID-19 Impact
8 Supply Chain Management Market, by Organization Size
8.1 Introduction
8.2 Small and Medium-Sized Enterprises
8.2.1 Small and Medium-Sized Enterprises: Market Drivers
8.2.2 Small and Medium-Sized Enterprises: COVID-19 Impact
8.3 Large Enterprises
8.3.1 Large Enterprises: Market Drivers
8.3.2 Large Enterprises: COVID-19 Impact
9 Supply Chain Management Market Analysis, by Vertical
9.1 Introduction
9.2 Fast-Moving Consumer Goods
9.2.1 Fast-Moving Consumer Goods: Market Drivers
9.2.2 Fast-Moving Consumer Goods: COVID-19 Impact
9.3 Retail and Ecommerce
9.3.1 Retail and Ecommerce: Supply Chain Management Market Drivers
9.3.2 Retail and Ecommerce: COVID-19 Impact
9.4 Healthcare
9.4.1 Healthcare: Market Drivers
9.4.2 Healthcare: COVID-19 Impact
9.5 Manufacturing
9.5.1 Manufacturing: Supply Chain Management Market Drivers
9.5.2 Manufacturing: COVID-19 Impact
9.6.1 Automotive: Market Drivers
9.6.2 Automotive: COVID-19 Impact
9.7 Transportation and Logistics
9.7.1 Transportation and Logistics: Market Drivers
9.7.2 Transportation and Logistics: COVID-19 Impact
9.8 Others
10 Supply Chain Management Market, by Region
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 Latin America
11 Competitive Landscape
11.1 Introduction
11.2 Market Evaluation Framework
11.3 Revenue Analysis of Leading Players
11.4 Historical Revenue Analysis
11.5 Ranking of Key Players in the Market, 2020
11.6 Company Evaluation Matrix
11.6.1 Company Evaluation Matrix Definitions and Methodology
11.6.2 Star
11.6.3 Pervasive
11.6.4 Emerging Leaders
11.6.5 Participants
11.7 Strength of Product Portfolio
11.8 Business Strategy Excellence
11.9 Startup/SME Evaluation Matrix, 2020
11.9.1 Progressive Companies
11.9.2 Responsive Companies
11.9.3 Dynamic Companies
11.9.4 Starting Blocks
12 Company Profiles
12.1 Introduction
12.2 Sap Se
12.3 Oracle
12.4 Infor
12.5 IBM
12.6 the Descartes Systems Group
12.7 Manhattan Associates
12.8 Logility
12.9 Kinaxis
12.10 Blue Yonder
12.11 Korber
12.12 Coupa Software
12.13 Epicor
12.14 Blujay Solutions
12.15 Llamasoft (Coupa Software)
12.16 E2Open
12.17 Jaggaer
12.18 Zycus
12.19 GEP
12.20 Right to Win
12.21 Startup Company Profiles
12.21.1 Tive
12.21.2 Calista
12.21.3 Most
12.21.4 Freightbro
12.21.5 4Tigo
12.21.6 Trukky
12.21.7 Lobb
13 Adjacent/Related Markets
13.1 Introduction
13.2 Healthcare Supply Chain Management Market
13.2.1 Market Definition
13.3 Supply Chain Analytics Market
13.3.1 Market Definition
13.4 Cloud Supply Chain Management Market
13.4.1 Market Definition
14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: the Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details
For more information about this report visit https://www.researchandmarkets.com/r/7oamrk