The Asia Pacific SaaS-based SCM Market is expected to witness market growth of 13.7% CAGR during the forecast period (2022-2028).
The growth in real supply chain analysis, technological advancements in supply chain management, and increased ICT investment are all driving the expansion of the market SaaS-based SCM market. Furthermore, the market expansion is fueled by factors such as the development of industrial digital technologies and an increase in the demand for greater supply chain visibility.
Various developments, such as incorporation with the Internet of Things (IoT), hybrid and pay-as-you-go models for governmental and non-governmental deployments, are also propelling the growth. These solutions are being adopted by businesses for cost comparison, increased uptime, reliability, and supply and demand monitoring. Other factors, such as rising demand for supply chain visibility and traceability solutions, as well as advances in the information technology (IT) sector, are likely to propel the market forward.
Strong economic growth, combined with further growth in the services industry, has prompted businesses to invest substantially in SaaS-based SCM to maintain their growth and productivity. Furthermore, factors like increased mobile penetration boost cloud deployment among small and medium firms along with the ongoing digitalization of manufacturing and construction industries are driving considerable investment in SaaS-based SCM in developing countries.
The volume of transportation and related inflation in the country expands. Manufacturers expected enhanced supply chain information to optimize freight and address issues. As a result, the usage of cutting-edge supply chain management has increased.
The trend toward Omni channel distribution is advancing in the e-commerce business, which is driving market expansion in the Asia Pacific. It has influenced shippers to modernize their operations, increasing the desire for supply management systems.
The China market dominated the Asia Pacific SaaS-based SCM Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,504.9 Million by 2028. The Japan market is anticipated to grow at a CAGR of 13% during (2022-2028). Additionally, The India market is expected to showcase a CAGR of 14.4% during (2022-2028).
Based on Component, the market is segmented into Software and Services. Based on Deployment, the market is segmented into Public, Private, and Hybrid. Based on Organization, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into Consumer Goods, Retail, Food & Beverages, Logistics & Transportation, Healthcare & Life Sciences, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include IBM Corporation, Accenture PLC, Oracle Corporation, SAP SE, The Descartes Systems Group, Inc., Manhattan Associates, Inc., Blue Yonder, Inc., Infor, Inc., Kinaxis, Inc., and HighJump Software Inc.
By Component
By Country
The growth in real supply chain analysis, technological advancements in supply chain management, and increased ICT investment are all driving the expansion of the market SaaS-based SCM market. Furthermore, the market expansion is fueled by factors such as the development of industrial digital technologies and an increase in the demand for greater supply chain visibility.
Various developments, such as incorporation with the Internet of Things (IoT), hybrid and pay-as-you-go models for governmental and non-governmental deployments, are also propelling the growth. These solutions are being adopted by businesses for cost comparison, increased uptime, reliability, and supply and demand monitoring. Other factors, such as rising demand for supply chain visibility and traceability solutions, as well as advances in the information technology (IT) sector, are likely to propel the market forward.
Strong economic growth, combined with further growth in the services industry, has prompted businesses to invest substantially in SaaS-based SCM to maintain their growth and productivity. Furthermore, factors like increased mobile penetration boost cloud deployment among small and medium firms along with the ongoing digitalization of manufacturing and construction industries are driving considerable investment in SaaS-based SCM in developing countries.
The volume of transportation and related inflation in the country expands. Manufacturers expected enhanced supply chain information to optimize freight and address issues. As a result, the usage of cutting-edge supply chain management has increased.
The trend toward Omni channel distribution is advancing in the e-commerce business, which is driving market expansion in the Asia Pacific. It has influenced shippers to modernize their operations, increasing the desire for supply management systems.
The China market dominated the Asia Pacific SaaS-based SCM Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,504.9 Million by 2028. The Japan market is anticipated to grow at a CAGR of 13% during (2022-2028). Additionally, The India market is expected to showcase a CAGR of 14.4% during (2022-2028).
Based on Component, the market is segmented into Software and Services. Based on Deployment, the market is segmented into Public, Private, and Hybrid. Based on Organization, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Vertical, the market is segmented into Consumer Goods, Retail, Food & Beverages, Logistics & Transportation, Healthcare & Life Sciences, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include IBM Corporation, Accenture PLC, Oracle Corporation, SAP SE, The Descartes Systems Group, Inc., Manhattan Associates, Inc., Blue Yonder, Inc., Infor, Inc., Kinaxis, Inc., and HighJump Software Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Software
- Services
- Public
- Private
- Hybrid
- Large Enterprises
- Small & Medium Enterprises
- Consumer Goods
- Retail
- Food & Beverages
- Logistics & Transportation
- Healthcare & Life Sciences
- Manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Accenture PLC
- Oracle Corporation
- SAP SE
- The Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- Blue Yonder, Inc.
- Infor, Inc.
- Kinaxis, Inc.
- HighJump Software Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific SaaS-based SCM Market by Component
Chapter 5. Asia Pacific SaaS-based SCM Market by Deployment
Chapter 6. Asia Pacific SaaS-based SCM Market by Organization Size
Chapter 7. Asia Pacific SaaS-based SCM Market by Vertical
Chapter 8. Asia Pacific SaaS-based SCM Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- IBM Corporation
- Accenture PLC
- Oracle Corporation
- SAP SE
- The Descartes Systems Group, Inc.
- Manhattan Associates, Inc.
- Blue Yonder, Inc.
- Infor, Inc.
- Kinaxis, Inc.
- HighJump Software Inc.
Methodology
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