Smart Mobile Supply Chain Solutions Market: Shares And Strategies Of Key Players 2019 - 2027
According to a new market report published by Transparency Market Research , the global smart & mobile supply chain solutions market was valued at US$ 13,614.8 Mn in 2018 and is expected to reach US$ 31,612.0 Mn by 2027, expanding at a CAGR 9.9% from 2019 to 2027. According to the report, North America was the largest contributor in terms of revenue to the smart & mobile supply chain market in 2018. This expansion is primarily attributed to the rising adoption of smart and mobile supply chain solutions among small & medium enterprises and large enterprises in order to efficiently manage the flow of goods and services.
Increasing demand for industrial automation and growth in e-commerce.
Smart & mobile supply chain solutions are integrated software applications aimed at providing complete business visibility, optimization of inventories, and synchronization of supply with demand & manufacturing. Currently, competitive economic conditions are compelling industries to increase production in a cost-effective manner. This, in turn, is leading to a rise in the demand for smart & mobile supply chain solutions aimed at optimizing processes and supply chain.
Smart & Mobile Supply Chain Solutions Market: Scope of the Report
The global market for smart & mobile supply chain solutions has been segmented based on solution, enterprise size, industry, and geographic regions. In terms of solution, the market has been classified into Transportation Management Systems (TMS), Warehouse Management Systems (WMS), sourcing & procurement, supply chain planning, and manufacturing execution system. Based on enterprise size, the market has been divided into small & medium enterprises and large enterprises. In terms of industry, the market has been split into third party logistics (3PL) and commercial. The commercial segment has been further sub-segmented into retail & consumer goods, IT & telecom, manufacturing, BFSI, government, energy & utilities, healthcare, transportation & logistics, and others (food & beverages and aerospace & defense).
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Europe is a prominent market for smart & mobile supply chain management solutions, globally, due to rising awareness about the advantages of smart solutions. Evolving technologies coupled with significant cost reduction is a major factor driving the smart & mobile supply chain management solutions market in Europe. Emerging countries such as Brazil, Russia, China, and India are also fueling the demand for the smart & mobile supply chain solutions. Moreover, a rise in the demand for sourcing and procurement services for supply chain management is also boosting the market across the globe.
Global Smart & Mobile Supply Chain Solutions Market: Competitive Dynamics
Key players operating in the global smart & mobile supply chain solutions market include SAP SE, Oracle Corporation, JDA Software Group, Inc., Manhattan Associates, Inc., Epicor Software Corporation, IBM Corporation, Descartes Systems Group, Inc., Infor Global Solutions, Inc., GT Nexus Inc., and Kewill Systems Plc.
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