An Overview of the Supply Chain Management Market from 2023 to 2033
The market dynamics section of the report offers in-depth insights into the various factors that impact the industry.
WILMINGTON, DE, UNITED STATES, February 10, 2025 /EINPresswire.com/ -- The supply chain management market report by Allied Market Research delivers an in-depth analysis of the competitive landscape, assisting key players in enhancing their market presence and maintaining a competitive edge. Utilizing PESTEL analysis and Porter’s Five Forces model, the study evaluates the competitive environment and identifies substantial investment opportunities for stakeholders to maximize their returns. These evaluations are supported by metrics such as CAGR and relative market share, providing a robust framework for strategic decision-making.As per the report, the supply chain management market is projected to reach $85.3 billion by 2033, exhibiting a robust CAGR of 11.1% from 2023 to 2033. The industry accounted for $27.2 billion in 2022. . Report addresses key segments, including prime investment opportunities, the positioning of leading market players, and highlights the drivers, restraints, challenges, and potential opportunities shaping the market landscape.
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Market dynamics
Factors such as rapid technological advancements and increase in investments for promoting automation across various industries drive the growth of the supply chain management industry. These advancements improve transparency, supply chain visibility, and connectivity. Companies have utilized automation for decades and recent developments, such as cloud-based supply chain management and intelligent automation, combined with AI and robotics, have accelerated this transformation.
Furthermore, increase in the adoption of supply chain management software in healthcare and pharmaceutical companies is expected to create wider growth opportunities for the market over the estimated timeframe. The healthcare supply chain is an intricate network that ensures efficient production, distribution, & delivery of medicines and medical supplies to patients. It integrates various processes to guarantee timely availability, reduce inventory waste, enhance patient care, improve departmental coordination, and minimize medication errors.
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Key technologies transforming supply chain management
AI is increasingly integrated into supply chain operations, enabling predictive analytics and automation. It helps businesses forecast demand accurately, optimize inventory levels, and improve decision-making processes. Companies have adopted AI-driven tools for real-time reporting and enhanced data visualization, which provide insights that facilitate proactive management of supply chains.
On the other hand, IoT technology has revolutionized visibility across the supply chain by connecting physical devices to the internet. This connectivity allows real-time tracking of products, monitoring equipment health, and enhancing inventory management. As a result, companies are able to anticipate maintenance needs and streamline logistics operations.
Competitive landscape
The report presents a detailed analysis of the top companies in the supply chain management sector, examining their market share, positioning, and competitive strengths. This assessment of key players offers a thorough understanding of their roles and contributions to the industry, delivering valuable insights into how these companies maintain their viability in a competitive environment. Key players listed in the report include:
• Blue Yonder Group, Inc.
• IBM Corporation
• SAP SE
• körber ag
• Manhattan Associates, Inc.
• THE DESCARTES SYSTEMS GROUP INC
• Oracle Corporation
• EPICOR SOFTWARE CORPORATION
• Infor
• Kinaxis
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In conclusion, the AMR report on the supply chain management industry provides valuable insights that enable companies to make well-informed investment choices, thereby strengthening their competitive advantage. The market intelligence presented in the study allows businesses to concentrate on critical areas and develop strategies for global expansion, fostering growth and innovation within the industry.
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