This market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Global Cloud Supply Chain Management market analysis report plays very essential role when it is about achieving an incredible growth in the business. It has been believed that the premium market research report is the one which is pertinent, unique, and creditable that employs proven tools and techniques to turn complex market insights into simpler version. Whether it is about renovating a business plan, preparing a presentation for a key client, or giving recommendations to an executive, Cloud Supply Chain Management market report will surely help to a degree.
Data Bridge Market Research analyses that the cloud supply chain management market is expected to reach USD 71.93 billion by 2030, which is USD 21.79 billion in 2022, at a CAGR of 16.10% during the forecast period.
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Market Overview:
Cloud supply chain management includes those processes which are managing organization with the analytics process and decision-making by using technology such as cloud-based solutions and the internet of things (IOTs). It aids to improve the proficiency and profitability of the organization by introducing the real-time platform. The increasing number of complex business data widely improves cloud supply chain management applications.
Opportunities
Growth and expansion of e-commerce
The growth and expansion of e-commerce is predicted to be the major factor for the growth of the cloud supply chain management market because e-commerce companies leverage these solutions to retain and gain their customers via effective delivery of products in minimum time period. Moreover, to hold a good position in the global market, cloud supply chain management vendors are coming up with new practices and solutions to reduce the complexities of supply chain. The number of SMEs is growing rapidly, which would lead to the growth of the cloud supply chain management market in the forecast period.
Some of the major players operating in the cloud supply chain management market are:
- Orcale (U.S.)
- SAP (Germany)
- IBM (U.S.)
- CloudLogix (U.S.)
- Cloudera, Inc. (U.S.)
- JDA Software Inc., (U.S.)
- Kinaxis (Canada)
- THE DESCARTES SYSTEMS GROUP INC (Canada)
- Infor (U.S.)
- Manhattan Associates (India)
- American Software, Inc. (U.S.)
- JAGGAER (U.S.)
- Proactis Holdings Limited (U.K.)
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