Key factors driving the market include high-end traceability and visibility across supply chain network. Supply chain
management assists in maintenance of the inventory levels by fulfilling consumer demands. Supply chain management
solutions are focusing on higher manufacturing production, reduction of rework, standardization of industrial
processes, and maintenance of inventory levels. Increasing adoption of software-as-a-service (SaaS) supply chain
management software offer improved visibility with a cross-functional access. In addition, cloud integration provide
organizations with several advantages such as reduction in manufacturing errors, maintenance of inventory levels, and
improvements in customer service.
Software-as-a-service (SaaS)-based SCM software provides full supply chain planning functionality in single solution,
which is hosted beyond the corporate firewall. Thus, delivering powerful software platforms helps to eliminate the
need to perform updates and fixes. These factors are expected to drive the growth of the market over the forecast
period.
The market is broadly categorized into six major segments based on the application type such as consumer goods
sector, retail sector, food & beverages sector, healthcare & pharmaceuticals industry, manufacturing sector and
logistics & transportation industry. The consumer goods segment is growing rapidly in the market with substantial
revenue generation in the last few years.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in consumer goods
sector & retail sector, surge in number of research & development activities in the region and existence of well-
established IT infrastructure.
Asia-Pacific region is estimated to hold major share in the SaaS-based SCM market with massive growth in forecast
period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with strong economic
growth, increasing demand for real-time monitoring, soaring adoption of digital technology, development of cost-
effective solutions, and significant investment by leading industry players considering potential growth opportunities
in the region.
The key players in the SaaS-based SCM market are Accenture Corp., HighJump, Inc., International Business Machines
Corporation, Infor, Inc., JDA Software Group, Inc., Kinaxis, Inc., Logility, Inc., Manhattan Associates, Inc., Oracle Corp.,
and SAP SE.
Market Segment:
The key players covered in this study