Home > Media & Technology > Next Generation Technologies > Analytics and Business Intelligence > Supply Chain Analytics Market

Supply Chain Analytics Market Size

Report ID: GMI2024
Published Date: Jan 2023
Report Format: PDF

Download Free Sample

Supply Chain Analytics Market Size

Supply Chain Analytics Market size crossed USD 6 billion in 2022 and is anticipated to exhibit a 15% CAGR from 2023 to 2032.

To get key market trends

Download Free Sample

The swiftly expanding e-commerce sector, particularly across developing countries such as India and China is expected to offer lucrative business prospects for the market. As per the 2022 Global Payments Report by FIS, the e-commerce business in India is estimated to witness 96% growth between 2021 and 2025, surpassing USD 120 billion in transaction value. Rapid urbanization, increasing disposable income, along with the widespread penetration of smartphones and the internet are accelerating the rise in e-commerce activities. Furthermore, the increasing preference for online shopping is compelling the need for a robust supply chain for on-time deliveries.

Supply Chain Analytics Market Report Attributes
Report Attribute	Details
Base Year:	2022
Supply Chain Analytics Market Size in 2022:	USD 6 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	15%
2032 Value Projection:	USD 30 Billion
Historical Data for:	2018 to 2022
No. of Pages:	190
Tables, Charts & Figures:	433
Segments covered:	Component, Organization Size, Deployment Model, Application, and Region
Growth Drivers:	Growing e-commerce industry in China and India Increasing penetration of big data in the retail industry in the U.S. Prominent technology players entering the market Increasing competition among retailers and increasing need for differentiation in North America New generation of highly informed and demanding customers in Europe
Pitfalls & Challenges:	Data security and privacy concerns Lack of technical expertise

Learn more about the key segments shaping this market

Download Free Sample

Rising data security concerns may hamper the industry outlook

The mount in privacy concerns and data security issues may impede the adoption of supply chain analytics to some extent. The rising dependence on big data analytics has also led to a surge in the number of sophisticated privacy breaches, negatively influencing the supply chain analytics market dynamics. Therefore, organizations are turning to data masking solutions to prevent breaching incidents and protect customer identities. However, the growing integration of technologies such as IoT and AI for superior software features and enhanced security will complement the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of supply chain analytics crossed USD 6 billion in 2022 and is anticipated to exhibit a 15% CAGR from 2023-2032.

The solutions segment accounted for 60% market share in 2022, due to the rising adoption of cloud-based solutions driven by the emergence of industry 4.0.

The market size for supply chain analytics in Asia Pacific is expected to record over 20% CAGR between 2023-2032 owing to increasing public investments in small and medium-sized enterprises (SMEs).

Antuit.ai, Axway Inc., Bridgei2i, Capgemini SE, Halo BI, Infor, SAP SE, Savi Technology, TIBCO Software, and Voxware are some of the major participants in the market.