Global Smart and Mobile Supply Chain Solutions Market, By Solution (Transportation Management Systems (TMS), Warehouse Management System (WMS), Sourcing and Procurement (SCP), Supply Chain Planning (SCP) and Manufacturing Execution Systems (MES)), Enterprise (Small and Medium Enterprises and Large Enterprises), Industry (Third Party Logistics (3PL), Commercial) - Industry Trends and Forecast to 2029
Market Analysis and Size
Supply chain solutions are becoming more intelligent, instrumented, and interconnected with each year owing to rapid advancements in the technology. E-commerce sector has grown rapidly in the past few years, especially during the outbreak of COVID-19. These solutions deliver effective and efficient supply chain services helping organizations in acquiring business objectives.
Global Smart and Mobile Supply Chain Solutions Market was valued at USD 14786.90 million in 2021 and is expected to reach USD 40794.02 million by 2029, registering a CAGR of 10.90%during the forecast period of 2022-2029. Third Party Logistics (3PL) segment is expected to witness high growth during the forecast period owing to the government supporting 3PL industries to develop innovative systems. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Integrated software applications are smart and mobile supply chain solutions which provide complete business visibility, supply synchronization and inventory optimisation with demand and manufacturing. Functions are procurement, production, storage, source, transportation and selling through the complete management of information, financial and materials flow.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Solution (Transportation Management Systems (TMS), Warehouse Management System (WMS), Sourcing and Procurement (SCP), Supply Chain Planning (SCP) and Manufacturing Execution Systems (MES)), Enterprise (Small and Medium Enterprises and Large Enterprises), Industry (Third Party Logistics (3PL), Commercial)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Blur Yonder Group, Inc (US), Manhattan Associates, Inc (US), SAP SE (Germany), Orcale (US), Epicor Software Corporation (US), IBM (US), THE DESCARTES SYSTEMS GROUP INC (Canada), Infor (US), Kewill Systems plc (US), Salesforce (US), New Market Solutions, LLC (US), Apex Industrial Technologies, LLC. (Ohio), Made4net (US), Oatey (US), Supply Chain Resources Group (US), SupplyChain247 (US), ESP Mobile Equipment & Supply Co Ltd (India), among others
|
|
Market Opportunities
|
|
Smart and Mobile Supply Chain Solutions Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Generation of Information
The increase in the usage of smart and mobile supply chain solutions to generate and gather generated information from manufacturers, wholesalers and retailers acts as one of the major factors driving the smart and mobile supply chain solutions market.
- Incorporation of Various Advanced Technologies
The incorporation of sensors, radio-frequency identification (RFID) tags, global positioning system (GPS), meters, actuators, and other devices increasing the volume of information accelerate the market growth. Also, connectivity among the entities of the supply chain has a positive impact on the market.
- Increase in Compliance Mandates
The increase in compliance mandates with the rising information flow from retailers and suppliers further influence the growth of the market. Smart and innovative supply chain solutions are gaining popularity for declining operating costs, lead time, and inventory required to meet varying market needs.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the smart and mobile supply chain solutions market.
Opportunities
Furthermore, use of “demand signals” for replenishment and production planning extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Research and development activities, in order to expand the product portfolio will further expand the market.
Restraints/Challenges
On the other hand, rapid changes in internal costs such as spikes in commodity prices, and rapid wage inflation, and lack of infrastructure and system scalability are expected to obstruct market growth. Also, lack of information transparency is projected to challenge the smart and mobile supply chain solutions market in the forecast period of 2022-2029.
This smart and mobile supply chain solutions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on smart and mobile supply chain solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Smart and Mobile Supply Chain Solutions Market
The outbreak of COVID-19 impact numerous industries. Various non-medical manufacturing companies started manufacturing ventilators, sanitizer, and ventilators, among others due to negative impact of the COVID-19. Companies started inclining towards manufacturing execution systems (MES) for monitoring real-time production, among other operations of manufacturing plants. These systems decline requirement for onsite and shop employees to check the manufacturing process. The smart and mobile supply chain solutions market is expected to witness high growth in the post-COVID scenario owing to the high adoption of smart supply chain solutions with models such as SaaS.
Recent Developments
- SAP SE launched new supply chain planning solution specifically for demand-driven replenishment in May’2020. The application is designed in partnership with Camelot ITLab, and assist users in compensating compress lead times, supply chain variability, and decline inventories.
- IBM unveiled a new integrated supply chain suite in October’2019. It is incorporated with Watson AI and IBM Blockchain. This technology will assist clients in reducing costs and untangle the complexities of their global supply chains.
Global Smart and Mobile Supply Chain Solutions Market Scope and Market Size
The smart and mobile supply chain solutions market is segmented on the basis of solution, enterprise and industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Solution
- Transportation Management Systems (TMS)
- Warehouse Management System (WMS)
- Sourcing and Procurement (SCP)
- Supply Chain Planning (SCP)
- Manufacturing Execution Systems (MES)
Enterprise
- Small and Medium Enterprises
- Large Enterprises
Industry
- Third Party Logistics (3pl)
- Commercial
Smart and Mobile Supply Chain Solutions Market Regional Analysis/Insights
The smart and mobile supply chain solutions market is analysed and market size insights and trends are provided by country, solution, enterprise and industry as referred above.
The countries covered in the smart and mobile supply chain solutions market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the data monetization in telecom market due to the rise in the awareness about the advantages of smart solutions and evolving technologies with significant cost reduction within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in the adoption of devices such as GPS and RFID in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smart and Mobile Supply Chain Solutions Market
The smart and mobile supply chain solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to smart and mobile supply chain solutions market.
Some of the major players operating in smart and mobile supply chain solutions market are
- Blur Yonder Group, Inc (US)
- Manhattan Associates, Inc (US)
- SAP SE (Germany)
- Orcale (US)
- Epicor Software Corporation (US)
- IBM (US)
- THE DESCARTES SYSTEMS GROUP INC (Canada)
- Infor (US)
- Kewill Systems plc (US)
- Salesforce (US)
- New Market Solutions, LLC (US)
- Apex Industrial Technologies, LLC. (Ohio)
- Made4net (US)
- Oatey (US)
- Supply Chain Resources Group (US)
- SupplyChain247 (US)
- ESP Mobile Equipment & Supply Co Ltd (India)
SKU-