The Business Research Company’s SCM Software Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The SCM Software Global Market Report 2023 evaluates scm software market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global scm software market is expected to grow from $69,351.9 million in 2027 at a rate of 17.4%. The market is then expected to grow at a CAGR of 20.1% from 2027 and reach $ 173,648.7 million in 2032.
During the forecast period, the growing e-commerce industry will support the growth of the SCM software market. E-commerce refers to the buying and selling of goods through online platforms. E-commerce assists in supply chain management by tracking shipments and inventory and improves the transaction speed, allowing customers to access the products easily. For instance, according to Oberlo, a Lithiuna-based e-commerce company, approximately 2.3 billion people buy goods and services online. Furthermore, in January 2023, among 8 billion people, approximately 28% of the worldwide population shopped online to fulfill their needs. Additionally, the number of digital buyers in the USA is expected to reach 285 million by 2025. Therefore, the growing e-commerce industry will drive the SCM software market.
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The scm software market segments in the report are:
1) By Product: Transportation Management System; Warehouse Management System; Supply Chain Planning; Procurement Software; Manufacturing Execution System
2) By User Type: Small And Medium-Sized Enterprises (SMES); Large Enterprises
3) By Industrial Vertical: Consumer Goods; Healthcare And Pharmaceuticals; Food And Beverages; Transportation And Logistics; Other Industrial Verticals
The table of contents in TBRC’s scm software market report includes:
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