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The Introduction of Internet of Things Gives a New Direction to the Supply Chain Management Software Market

 

Portland, OR -- (SBWIRE) -- 06/18/2018 -- Research Beam recently published a report, titled, "Supply Chain Management Software Market Report 2018–2025". According to the report, the market is expected to reach a significant CARG in the period of 2018–2025. The report includes market overview, including market definition and scope, key findings, top impacting factors, top investment pockets, and top winning strategies. The report includes Porter's five forces analysis.

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The supply chain management software market report is an extensive analysis of the market performed by expert analysts. It is essential for entry-level organizations to understand the current market trends and future market potential.

The supply chain management software market report studies the competitiveness in the market by carefully studying the active key market players along with an analysis of the vibrant factors such as revenue, production, average price, and market share. The report includes key segmentation and sub-segmentation to understand the region-wise market growth and determine innovative strategies to withstand in the market.

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The report includes several dynamic factors that are responsible for the ups and downs in the supply chain management software market. The market is driven by advancements in the industrial-grade digital technology and rise in the need for improved supply chain visibility. Moreover, the increased inclination towards cloud-based supply chain management software has supplemented the growth of the supply chain management software market. However, there are several factors that hinder the market growth such as lack of IT infrastructure in the underdeveloped countries. Furthermore, increased security & privacy concerns impede the growth of the market. On the other hand, boosted demand for transportation management systems software and the increasing trend of the internet of things (IoT) are expected to provide lucrative opportunities for the supply chain management software market in coming years.

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Supply chain management software market report includes detailed segmentation and sub-segmentation to understand the growth of the market. The market is divided on the basis of deployment model, user type, industry vertical, product, and region. Depending on deployment model, the supply chain management software market is segmented into on-premise and cloud-based. By industry vertical, the market is bifurcated into consumer goods, retail, food & beverages, healthcare & pharmaceuticals, transportation & logistics, and manufacturing. On the basis of user type, the market is divided into small & medium-sized enterprises (SMEs) and large enterprises. According to the product, the supply chain management software market splits into transportation management system, supply chain planning, manufacturing execution system, warehouse management system, and procurement software. By geographically, the market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA.

Supply chain management software market includes a thorough analysis of the key market players to understand the competitive scenario in the market. The active leading companies in the market that are profiled in the report are SAP, JDA Software Group, Inc., Manhattan Associates, The Descartes Systems Group Inc., Kinaxis Inc., Oracle Corporation, Infor, Epicor Software Corporation, HighJump, and IBM Corporation.

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