The global smart and mobile supply chain solutions market, which was valued at US$7,095.3 million in 2013, is likely to develop at a positive CAGR of 13.2% between 2014 and 2020.
Albany, NY -- (SBWIRE) -- 01/11/2018 -- Supply chain management (SCM) is one of the critical components in today's global supply chain market. It enables manufacturing companies, wholesalers, and retailers to provide value to their customers through lower costs and superior products. As supply chain management is becoming one of the significant factors in the success of any business, the demand for advanced supply chain solutions is anticipated to grow significantly in the next few years. Thus, supply chain management software and services would continue to grow at a significantly higher rate when compared to other software companies providing higher return on investment to its investors.
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SCM is defined as the management of flow of goods within the supply chain. It majorly includes the storage and movement of raw materials, inventory management, and management of finished goods from point of production to consumption point. Interlinked and interconnected channels, networks, and node business are involved in the management of products and services which are required by the end customers in the supply chains. However, smart and mobile supply chain software and services majorly deal with the information generated within the supply chain. Smart and mobile supply chain management solutions help in collecting and managing the collected information. The product manufacturers and retailers use this information in demand forecasting, studying consumer behavior, and changing preferences of consumers.
The research report on smart and mobile supply chain solutions market provides a detailed analysis of different components involved in the smart and mobile supply chain ecosystem and helps in understanding the driving forces behind the growing popularity of these solutions. It also provides an analysis of major segments of the smart and mobile supply chain solutions market for the period from 2012 to 2020. The report includes extensive analysis of the industry drivers, restraints, opportunities, and market trends. The study provides comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. This research study focuses on providing market data and insights, including the size and growth of the smart and mobile supply chain solutions market. The report provides thorough analysis of the emerging industry trends and the current state of the market. It offers a comprehensive coverage of underlying technological and economic factors influencing the supply chain solutions business. The prevalent competition in the market is highlighted through the market share analysis of key players in the market. Additionally, the report includes profiles of major market participants for better understanding of their contribution. The company profiles include pointers namely overview of the company, revenue, strategies followed by them for gaining competitive advantage, and recent developments.
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The report segregates the global smart and mobile supply chain solutions market based on component and end-use application. Components in the smart and mobile supply chain solutions market have been categorized into software and services. Software segment include various software such as connected transportation management systems (TMS), connected warehouse management systems (WMS), connected sourcing and procurement, connected supply chain planning (SCP), connected manufacturing execution systems (MES), and connected analytics. The services segment comprises consulting, management and integration services. Further, the study also includes categorization of smart and mobile supply chain solutions market on the basis of end-use application into retail, IT and telecommunication, manufacturing, banking, financial services and insurance (BFSI), government, energy and utility, healthcare, logistics and transportation, and others (aerospace, hospitality, etc.). The report also provides cross-sectional analysis of the component (software and services) and end-use application segments across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA).
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The global smart and mobile supply chain solutions market is categorized into the following segments:
Smart and Mobile Supply Chain Solutions Market, by Component
Connected Sourcing and Procurement
Smart and Mobile Supply Chain Solutions Market, by End-use Application
IT and Telecommunication
Energy and Utility
Logistics and Transportation
Others (Aerospace, Hospitality, etc)
Smart and Mobile Supply Chain Solutions Market, by Geography
Middle East and Africa