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Cloud Supply Chain Management Market 2019 Global Technology, Industry Size and Opportunities by Forecast to 2021
[June 06, 2019]

Cloud Supply Chain Management Market 2019 Global Technology, Industry Size and Opportunities by Forecast to 2021


According to a new market research report” Cloud Supply Chain Management Market by Solution (Transportation Management, Procurement & Sourcing, Sales & Operation Planning, Inventory & Warehouse Management), Service, Deployment, Organization Size, Vertical, and Region - Global Forecast to 2021", The cloud Supply Chain Management (SCM) market size is estimated to grow from USD 3.26 Billion in 2016 to USD 8.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period.



Factors such as growing awareness about cloud-based SCM benefits among enterprises, reduced operational costs, and improved operational visibility are fueling the growth of the cloud SCM market, across the globe. The base year considered for this study is 2015 and the forecast period considered is 2016–2021.

Browse and in-depth TOC on “Cloud Supply Chain Management Market” 64 - Tables 55 - Figures 146 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39285453 The demand for cloud SCM is driven by factors, such as growing awareness about cloud-based SCM benefits among enterprises, reduced operational costs, and improved visibility. With the increase in the adoption rate of cloud computing among enterprises, the cloud SCM market is expected to gain a major traction during the forecast period.


The transportation management solution segment is expected to contribute the largest market share On the basis of solutions, the transportation management segment is expected to hold the largest market share, as it offers capabilities, such as load optimization, route planning & optimization, delivery, billing & payment, order visibility, and carrier administration. The solution enables interactions between an order management system and warehouse & handles important operational function, such as planning, execution, and follow-ups.

“Managed services are expected to grow at the highest CAGR during the forecast period” With the increasing deployment of cloud computing, the services segment is expected to grow in the future. The managed services segment is expected to grow at the highest CAGR during the forecast period. Managed service providers deliver third-party infrastructure services that help organizations manage billing process for their products and services. Vendors offering these services focus on improving the overall business efficiency, enhancing scalability, and reducing IT costs.

Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=39285453 North America is expected to contribute the largest market share, Asia-Pacific (APAC) to grow the fastest North America is expected to hold the largest market share and dominate the cloud SCM market from 2016 to 2021, owing to the availability of proficient technical expertise, large investments in Research & Development (R&D), early adoption of new & emerging technologies, and presence of large number of players in this region. The APAC region is in the initial growth phase; however, it is the fastest-growing region in the global cloud SCM market. The key reasons for the high growth rate in APAC include increased spending on IT infrastructure, rising cloud-based applications, and growing demand for automation of processes in this region.

The major vendors providing cloud SCM are SAP SE (Walldorf, Germany), Oracle Corporation(California, U.S.), Infor, Inc.(New York, U.S.), JDA Software Group, Inc. (Arizona, U.S.), Descartes Systems Group, Inc. (Ontario, Canada), Manhattan Associates, Inc. (Atlanta, Georgia, U.S.), Logility, Inc.(Atlanta, Georgia U.S.), Kewill, Inc. (Massachusetts, U.S.), Kinaxis, Inc. (Ontario, Canada), HighJump (Minnesota, U.S.), TECSYS, Inc. (Montreal, Canada), and CloudLogix (Colorado, U.S.).

Browse Complete Press Release @ https://www.marketsandmarkets.com/PressReleases/cloud-supply-chain-management.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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