SaaS based SCM Market is expected to reach US$ 36.72 Bn by 2025 SaaS based SCM Market | Page 3

SaaS based SCM Market to 2025

The global SaaS based SCM market is segmented based on deployment model as : private cloud , public cloud , and hybrid cloud . The SaaS based SCM market can be further divided by solutions into manufacturing Planning , Sourcing and Procurement , Supply Chain Planning , Warehouse Management , Transportation Management and Others ( S & OP , Import / Export Planning , EDI , Demand Planning ). Various industry verticals are into adoptions of the SaaS based SCM solutions and they can be classified as Transportation & Logistics services , Manufacturing industry , Retail industry , public sector , and distribution industry . On the basis of enduser SaaS based SCM market can be further divided into small & medium enterprises ( SMEs ), and large enterprises .
The global SaaS based SCM market is estimated to grow at a CAGR of 22.6 % during the forecast period 2016 – 2025 and accounts for US $ 36.72 Bn in the year 2025 . In case of a centralized on-premise supply chain management solution for a large organization , if there is some problem at the central server , there can be a catastrophic loss to the entire data , while in case of cloud based service , the data is processed from servers to servers at a very fast speed . Even if one server collapses , there are other servers that ensure the continuity of the operations and thus reducing the downtime of services . Realizing the cost efficiencies , redundant services and the need to cater to ever increasing demands , customers are steadily making a shift to cloud based supply chain services .
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