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The global cloud supply chain management market reached a value of approximately USD 7.09 billion in 2023. The market is projected to grow at a CAGR of 11.10% between 2024 and 2032, reaching a value of around USD 18.22 billion by 2032.
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Cloud supply chain management integrates all aspects of supply chain management and logistics, including freight, warehousing, inventory control, order processing, transportation, and customer service, within a unified software platform.
It enables the automation and management of maintenance, administration, and capacity planning processes on the cloud, ensuring operational efficiency is maintained. Cloud supply chain management can enhance business profitability by tracking operations, automating inventory management, and optimising routes.
According to the data from the Australian Bureau of Statistics (ABS), the number of Financial and Insurance Services businesses in Australia has increased by 2.8% in 2022-2023 while there were 2,589,873 actively trading businesses by 30 June 2023, indicating the increasing operations, and processes creating a demand for the cloud supply chain management solutions.
Increasing automation, increasing penetration of technologies, rising adoption of cloud-based solutions, and rising demand for real-time visibility and analytics are the major trends impacting global cloud supply chain management market growth.
December 12, 2023
Blue Yonder unveiled a new AI tool called Blue Yonder Orchestrator as part of its Luminate Cognitive Platform. Utilising large language models (LLMs), cloud data, and prompt engineering, the feature suggests supply chain decisions.
April 19, 2023
Oracle has rolled out enhanced AI and Automation features throughout the Oracle Fusion Cloud Applications Suite to assist customers in speeding up supply chain planning processes.
November 29, 2022
Amazon.com, Inc. unveiled AWS Supply Chain, a novel application designed to enhance supply chain visibility for businesses, enabling quicker, informed decisions to mitigate risks, reduce expenses, and enhance customer satisfaction.
November 14, 2022
Microsoft Corp. introduced the Microsoft Supply Chain Platform, aiming to optimize organizations' supply chain data investments through an open approach, integrating Microsoft AI, collaboration, low-code, security, and SaaS applications.
Increasing automation
The growing adoption of automation in supply chain management allows businesses to monitor critical processes efficiently. Cloud-based solutions streamline operations, optimize workflows, and improve supply chain visibility.
Increasing penetration of technologies
As technologies like AI, IoT, and blockchain become more prevalent, smart supply chains are poised to replace traditional methods, fueling the expansion of the cloud supply chain management market.
Rising adoption of cloud-based solutions
The surge in cloud-based solutions adoption propels market growth by offering scalability, real-time data access, cost-effectiveness, and rapid deployment for enhanced efficiency and competitiveness.
Rising demand for real-time visibility and analytics
Rising demand for real-time visibility and analytics empowers businesses to continuously monitor and analyse supply chain processes, enabling agile decision-making and operational optimisation.
The supply chain management landscape is evolving rapidly, driven by increasing automation and the adoption of advanced technologies like AI, IoT, and blockchain. Cloud-based solutions are pivotal, offering scalability, real-time data access, and cost-effectiveness.
Businesses prioritise real-time visibility and analytics to optimise operations and make agile decisions. These trends collectively enhance efficiency, competitiveness, and responsiveness across the supply chain management market. Supply chain management advances with increasing automation, technology adoption (AI, IoT, blockchain), cloud solutions, and demand for real-time visibility and analytics, driving innovation, efficiency, and competitiveness.
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“Cloud Supply Chain Management Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Solution
Market Breakup by Deployment Type
Market Breakup by Organisation Size
Market Breakup by End Use
Market Breakup by Region
Inventory and Warehouse Management is often the dominant solution driving the global cloud supply chain management market.
The adoption of cloud-based inventory and warehouse management solutions provides businesses with enhanced visibility, scalability, and real-time data access, which are crucial for effective supply chain management. This leads to increased accuracy, reduced operational costs, and improved overall efficiency, making it a primary focus in cloud supply chain management. This segment generally leads because of its essential role in optimizing storage, monitoring inventory levels, and ensuring efficient warehouse operations.
The retail segment commands a substantial share of the market based on end use. The sector's increasing adoption of cloud-based technology to compete with e-commerce rivals is fueling this segment's growth.
Cloud supply chain management is becoming more popular due to its scalability, visibility, and valuable data insights, providing a deeper understanding of customer buying journeys. Furthermore, digitizing inventory management with cloud solutions significantly reduces operational costs, contributing to overall market expansion.
The companies develop enterprise software catering to the operational and planning demands of various organisations, prominent computer technology corporation which provides hybrid cloud, catering to the software demands of aerospace and defence, among other sectors, and known for its hardware and software offerings, including computers, servers, storage systems.
SAP SE: Founded in 1972, with its headquarters in Germany, SAP SE is a leading multinational software company, that develops enterprise software catering to the operational and planning demands of various organisations.
Oracle Corporation: Founded in 1977, with its headquarters in the United States, Oracle Corporation is a prominent computer technology corporation which provides hybrid cloud, integration, and networking, among other solutions.
Infor: Founded in 2002, with its headquarters in the United States, Infor is a renowned enterprise software company providing industry-specific solutions, catering to the software demands of aerospace and defence, among other sectors.
IBM Corporation: Founded in 1911, with its headquarters in the United States, IBM is renowned for its hardware and software offerings, including computers, servers, storage systems, and networking equipment.
Other global cloud supply chain management market key players are Blue Yonder, Inc., Accenture Plc, Logility Inc., Korber AG, Cloud Logix LLC, and Tecsys Inc. among others.
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North America holds a significant portion of the cloud supply chain management market. The demand for better supply chain management, driven by long wait times and blockages, is expected to boost technology adoption and the popularity of cloud solutions in the forecast period.
Increasing collaborations between end users and technology providers to enhance visibility and safety in supply chain processes are further expanding market opportunities in this region.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Solution |
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Breakup by Deployment Type |
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Breakup by Organisation Size |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Cloud Supply Chain Management Market Size
Cloud Supply Chain Management Market Growth
Cloud Supply Chain Management Market Trends
Cloud Supply Chain Management Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 7.09 billion in 2023.
The market is projected to grow at a CAGR of 11.10% between 2024 and 2032.
The revenue generated from the cloud supply chain management market is expected to reach USD 18.22 billion in 2032.
The market is categorised according to the solution, including demand planning and forecasting, inventory and warehouse management, product life-cycle management, transportation and logistics management, sales and operations planning, and others.
The market is categorised according to the organisation type, which includes large enterprises and small and medium enterprises.
The market key players are SAP SE, Oracle Corporation, Infor, IBM Corporation, Blue Yonder, Inc., Accenture Plc, Logility Inc., Korber AG, Cloud Logix LLC, and Tecsys Inc. among others.
Based on the deployment type, the market is divided into hybrid cloud, public cloud, and private cloud.
Based on the end use, the market is divided into automotive, food and beverage, healthcare, manufacturing, oil and gas, retail, and others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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