Information Communication and Technology Reports Cloud SCM Market Report

Cloud Supply Chain Management Market size is estimated to grow from USD 3.26 billion in 2016 to USD 8.07 billion by 2021 According to a new market research report” Cloud Supply Chain Management Market by Solution (Transportation Management, Procurement & Sourcing, Sales & Operation Planning, Inventory & Warehouse Management), Service, Deployment, Organization Size, Vertical, and Region - Global Forecast to 2021", The cloud Supply Chain Management (SCM) market size is estimated to grow from USD 3.26 Billion in 2016 to USD 8.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period. Factors such as growing awareness about cloud-based SCM benefits among enterprises, reduced operational costs, and improved operational visibility are fueling the growth of the cloud SCM market, across the globe. The base year considered for this study is 2015 and the forecast period considered is 2016–2021. Browse and in-depth TOC on “Cloud Supply Chain Management Market” 64 - Tables 55 - Figures 146 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39285453 Major Key Companies The major vendors providing cloud SCM are SAP SE (Walldorf, Germany), Oracle Corporation(California, U.S.), Infor, Inc.(New York, U.S.), JDA Software Group, Inc. (Arizona, U.S.), Descartes Systems Group, Inc. (Ontario, Canada), Manhattan Associates, Inc. (Atlanta, Georgia, U.S.), Logility, Inc.(Atlanta, Georgia U.S.), Kewill, Inc. (Massachusetts, U.S.), Kinaxis, Inc. (Ontario, Canada), HighJump (Minnesota, U.S.), TECSYS, Inc. (Montreal, Canada), and CloudLogix (Colorado, U.S.). The demand for cloud SCM is driven by factors, such as growing awareness about cloud-based SCM benefits among enterprises, reduced operational costs, and improved visibility. With the increase in the adoption rate of cloud computing among enterprises, the cloud SCM market is expected to gain a major traction during the forecast period. The transportation management solution segment is expected to contribute the largest market share On the basis of solutions, the transportation management segment is expected to hold the largest market share, as it offers capabilities, such as load optimization, route planning & optimization, delivery, billing & payment, order visibility, and carrier administration. The solution enables interactions between an order management system and warehouse & handles important operational function, such as planning, execution, and follow-ups. “Managed services are expected to grow at the highest CAGR during the forecast period” With the increasing deployment of cloud computing, the services segment is expected to grow in the future. The managed services segment is expected to grow at the highest CAGR during the forecast period. Managed service