The Cloud Supply Chain Management Market Size was valued at USD 25.2 Billion in 2023 and is expected to reach USD 83.5 Billion by 2031, growing at a CAGR of 16.12% over the forecast period 2024-2031.
Cloud Supply Chain Management enables businesses to employ new technologies to minimize the environmental imprint of their supply networks, enhance resource efficiency, raise regulatory compliance, and mitigate risk. Companies may use the cloud to oversee company performance and choices from a vantage point of balance. Cloud Supply Chain Management enables businesses to innovate operations at all levels of their supply chain, from planning and sourcing through manufacturing, transportation, and distribution, as well as get fresh insights for decision-making and automating tasks. It contributes to the development of stronger, more intelligent supply networks.
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In May, 2022, SAP and Apple collaborated on digital supply chain apps. SAP, a German multinational software firm, is collaborating with Apple to build connections throughout the digital supply chain. SAP has introduced a new suite of applications that simplify the digital supply chain and empower workers with intuitive tools as part of its ongoing cooperation with Apple to revolutionize the way people operate on iPhones and iPads.
KEY DRIVERS:
Cloud-based supply chain management is becoming more popular in transportation management.
Enterprises are increasingly in need of demand management solutions.
Increasing business continuity by reducing probable breakdowns
Enterprises are becoming more aware of the benefits of cloud-based supply chain management.
RESTRAINTS:
Growing enterprise security and privacy concerns
Enterprise IT architecture has less customization options and flexibility.
Cloud-based supply chain management systems provide data segregation difficulties for businesses.
OPPORTUNITY:
E-commerce is expanding rapidly.
Cloud Supply Chain Management is becoming more popular among small and medium-sized businesses.
CHALLENGES:
Inadequate technical knowledge
Large organizations have challenges in migrating to cloud-based supply chain management.
Companies that use cloud-based supply chain management solutions are pushed to modernize.
The COVID-19 pandemic has highlighted the growing demand for dependable supply chain technology solutions that customers may access from any location. The outbreak has highlighted the need for cloud supply chain management. When COVID initially brought the world to a standstill, most businesses were surprised by their lack of visibility throughout the entire supply chain. This is because contrary to common assumptions, most supply chains are still rather linear today. Due to a lack of timely information that leaders required to make important choices, supply networks all across the world were thrown into chaos in a couple of weeks.
There is no more waiting for reports to process, no more manually searching through flat files of point-of-sale data, no more juggling several interfaces, and no more flying blind since the end-to-end supply chain information flow is totally in the cloud. Simply said, it is the seamless integration of supply chain partners that provides near-real-time visibility into the whole supply chain.
MARKET ESTIMATION:
The cloud SCM market is divided into demand planning and forecasting, inventory & warehouse management, product life-cycle management, logistics management, sales & operations planning, order management, transportation management, procurement & sourcing, and product master data management, based on the solution. The market for demand planning and forecasting solutions is expected to grow at the fastest rate over the forecast period. In this day and age, practically every firm is dependent on the internet, which is a driving force in the growing market for cloud SCM demand planning and forecasting solutions. The growing number of internet-dependent enterprises is driving up demand for cloud SCM demand planning and forecasting solutions, which let organizations connect and integrate their activities across networks. This enables closer cooperation among a company's personnel and active response to changing market trends and consumer requirements. Furthermore, demand planning and forecasting is an excellent approach for providing a satisfying experience along the value chain.
The cloud SCM market is classified into three service categories: training and consulting, managed services, and support and maintenance. In terms of revenue, the service and maintenance segment held the highest proportion in 2021. The need for training and consulting services is quickly expanding due to the need for low-cost investment and an increase in the demand for knowledge to strengthen the supply chain.
The market is divided into three segments based on deployment: hybrid cloud, public cloud, and private cloud. The hybrid cloud was found to be the most desired deployment option among companies, accounting for more than half of the cloud SCM market in 2021, whereas private and public clouds accounted for less than half of market revenue In the user type group, large organizations contributed more money than small and medium businesses (SMEs).
The market is divided into industries such as energy and power, retail and wholesale, food and drinks, transportation and logistics, manufacturing, healthcare and life sciences, hospitality government, and others. During the historical period, energy and electricity were the biggest income generators for the market.
On The Basis of Solution
Procurement and sourcing
Sales and operation planning
Inventory and warehouse management
Demand planning and forecasting
On The Basis of Service
Training and consulting
Support and maintenance
Managed services
On The Basis of Deployment Model
Public cloud
Private cloud
Hybrid cloud
On The Basis of Vertical
Food and beverage
Healthcare and life sciences
Manufacturing
Retail and wholesale
Transportation and logistics
Others
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North America dominates the cloud supply chain management market and will continue to do so throughout the projected period owing to the region's shifting burden to the cloud environment and the increased need for modified infrastructure management. Furthermore, the United States' gross refrigerated storage capacity is expanding, which is driving the region's market growth. Furthermore, rising cloud usage in the area is projected to stimulate the use of data analytics platforms, which is expected to drive market expansion.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major key players are SAP SE, Oracle Corporation, Infor Inc, Descartes Systems Group Inc, IBM Corporation, Manhattan Associates, Inc., Logility, Inc., Kewill, Inc., Kinaxis, Inc., TECSYS, Inc & Other Players
| Report Attributes | Details |
| Market Size in 2023 | US$ 25.2 Bn |
| Market Size by 2031 | US$ 83.5 Bn |
| CAGR | CAGR of 16.12% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Solution (Transportation management, Procurement and sourcing, Order management, Sales and operation planning, Inventory and warehouse management, Demand planning and forecasting) • By Service (Training and consulting, Support and maintenance, and managed services) • By Deployment Model (Public Cloud, Private Cloud, and Hybrid cloud) • By Vertical (Food and Beverage, Healthcare and life sciences, Manufacturing, Retail and wholesale, Transportation and logistics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | SAP SE, Oracle Corporation, Infor Inc, Descartes Systems Group Inc, IBM Corporation, Manhattan Associates, Inc., Logility, Inc., Kewill, Inc., Kinaxis, Inc., TECSYS, Inc |
| Key Drivers | • Cloud-based supply chain management is becoming more popular in transportation management • Enterprises are increasingly in need of demand management solutions |
| Market Challenges | • Inadequate technical knowledge • Large organizations have challenges in migrating to cloud-based supply chain management |
Ans: - The estimated market size for the Cloud Supply Chain Management market for the year 2028 is USD 36.98 Bn.
Ans: - Cloud-based supply chain management is becoming more popular in transportation management and Enterprises are increasingly in need of demand management solutions.
Ans: - North America dominates the cloud supply chain management market and will continue to do so throughout the projected period.
Ans: - The primary growth tactics of Cloud Supply Chain Management market participants include merger and acquisition, business expansion, and product launch.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Cloud Supply Chain Management Market Segmentation, by Solution
8.1 Transportation management
8.2 Procurement and sourcing
8.3 Order management
8.4 Sales and operation planning
8.5 Inventory and warehouse management
8.6 Demand planning and forecasting
9. Cloud Supply Chain Management Market Segmentation, by Service
9.1 Training and consulting
9.2 Support and maintenance
9.3 Managed services
10. Cloud Supply Chain Management Market Segmentation, by Deployment Model
10.1 Public cloud
10.2 Private cloud
10.3 Hybrid cloud
11. Cloud Supply Chain Management Market Segmentation, by Vertical
11.1 Food and beverage
11.2 Healthcare and life sciences
11.3 Manufacturing
11.4 Retail and wholesale
11.5 Transportation and logistics
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 SAP SE
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2. Oracle Corporation
13.3. Infor Inc
13.4 Descartes Systems Group Inc
13.5 IBM Corporation
13.6 Manhattan Associates, Inc.
13.7 Logility, Inc.
13.8 Kewill, Inc.
13.9 Kinaxis, Inc.
13.10 TECSYS, Inc
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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