Market Updates SaaS-based SCM Market Key Players, Industry 2025

SaaS-based SCM Market Key Players, Industry
Overview, Supply and Consumption Demand
Analysis to 2025
“Rapid surge in the SaaS-based SCM market is credited to development
of private, public, and hybrid deployment models of software-as-a-
service (SaaS) solution in supply chain management (SCM). Soaring
number of connected devices in IoT and increasing need for advanced &
real-time analytics are key driving factors for market growth in the past
few years.”
The Global Saas-Based SCM Market is expected to display higher growth rate over the next five years. Rapid surge in
the SaaS-based SCM market is credited to development of private, public, and hybrid deployment models of software-
as-a-service (SaaS) solution in supply chain management (SCM). Soaring number of connected devices in IoT and
increasing need for advanced & real-time analytics are key driving factors for market growth in the past few years.
Globally, market is predicted to grow at a CAGR of 20.52% in the upcoming years, providing numerous opportunities
for market players to invest for research and development in the SaaS-based SCM market.
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Shifting trend towards SaaS-based SCM solution by large-scale enterprises is attributed to the recent enhancement
and modernization of supply chain planning processes without building new and maintaining complex IT
infrastructures. Several large-scale enterprises are adopting demand-based solutions platform available as a software-
as-a-service (SaaS) for supply chain management solutions. Software-as-a-service (SaaS)-based supply chain
management (SCM) solutions offer the full functionality of the on-premises version. Adoption of software-as-a-service
(SaaS)-based supply chain management (SCM) solutions helps organization to limit up-front investment for software
licenses and implementation.