As per MRFR analysis, the Saas Based SCM Market Size was estimated at 26.02 (USD Billion) in 2022. The Saas Based SCM Market Industry is expected to grow from 29.22(USD Billion) in 2023 to 82.81 (USD Billion) by 2032. The Saas Based SCM Market CAGR (growth rate) is expected to be around 12.27% during the forecast period (2024 - 2032).
Key Market Drivers:The adoption of SaaS-based SCM solutions is expected to rise due to several factors, including the increasing need for supply chain visibility, the growing complexity of supply chains, and the rising pressure to optimize operations.Opportunities to be Explored or Captured:The market presents significant opportunities for vendors to expand their product offerings by integrating advanced technologies such as artificial intelligence (AI) and machine learning (ML) into their solutions. Additionally, there is a growing need for SaaS-based SCM solutions tailored to specific industries and regions.Trends in Recent Times:The SaaS-based SCM market has witnessed notable trends in recent years. The adoption of cloud-based solutions has accelerated, enabling businesses to access SCM capabilities without the need for significant upfront investments. Furthermore, the emergence of collaborative platforms and the integration of real-time data analytics have enhanced the ability of organizations to monitor and respond to supply chain disruptions effectively.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The increasing need for real-time inventory visibility and control is a significant driver of growth in the Saas Based SCM Market Industry. As businesses strive to optimize their supply chains and reduce costs, they are turning to SaaS-based SCM solutions that provide real-time data on inventory levels, location, and movement. This data enables businesses to make informed decisions about inventory management, such as when to reorder, how much to order, and where to store inventory.By leveraging real-time inventory data, businesses can reduce inventory waste, improve customer service, and increase overall supply chain efficiency.
The shift towards cloud-based SCM solutions is another key driver of growth in the Saas Based SCM Market Industry. Cloud-based SCM solutions offer several advantages over on-premise solutions, including lower upfront costs, increased scalability, and easier access to data and applications. As businesses become more comfortable with the security and reliability of cloud-based solutions, they are increasingly adopting these solutions for their SCM needs.This trend is expected to continue in the coming years as more businesses realize the benefits of cloud-based SCM.
The increasing demand for integrated SCM solutions is a third major driver of growth in the Saas Based SCM Market Industry. Businesses are looking for SCM solutions that can integrate with their other business systems, such as ERP, CRM, and PLM. This integration enables businesses to create a single, unified view of their supply chain, which can lead to improved decision-making, reduced costs, and increased efficiency.
The Saas Based SCM Market is segmented based on deployment model into cloud-based and on-premise. The cloud-based segment is expected to hold a larger market share in the coming years due to its benefits, such as scalability, flexibility, and cost-effectiveness. Cloud-based SCM solutions are hosted on remote servers and can be accessed from anywhere with an internet connection. This makes them ideal for businesses that need to manage their supply chains across multiple locations. The cloud-based segment is expected to grow at a CAGR of 15.2% during the forecast period.The on-premise segment is expected to hold a smaller market share in the coming years.
On-premise SCM solutions are installed on a company's own servers and are managed by the company's IT team. This type of deployment offers more control and security, but it can be more expensive and time-consuming to implement and maintain. The on-premise segment is expected to grow at a CAGR of 8.5% during the forecast period. In 2023, the Saas Based SCM Market revenue for the cloud-based segment was estimated at USD 18.51 billion. The on-premise segment was valued at USD 10.71 billion in 2023 and is expected to reach USD 21.58 billion by 2032 at a CAGR of 10.27%.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Saas Based SCM Market is segmented by Solution Type into Standalone and Integrated. In 2023, the Standalone segment held the largest market share of 60.2%, and it is expected to continue its dominance throughout the forecast period. The Integrated segment is projected to grow at a faster CAGR of 14.5% during the same period. The growth of the Integrated segment can be attributed to the increasing adoption of cloud-based SCM solutions, which offer greater flexibility, scalability, and cost-effectiveness compared to standalone solutions.
The Standalone segment, on the other hand, is expected to witness steady growth due to its affordability and ease of deployment. Key players in the SaaS Based SCM Market include SAP, Oracle, Infor, JDA Software, and Manhattan Associates. These players offer a range of standalone and integrated SCM solutions to meet the diverse needs of businesses across various industries.
The Saas Based SCM Market is segmented by organization size into Small and Medium-Sized Enterprises (SMEs) and Large Enterprises. In 2023, the SME segment accounted for a larger share of the market revenue due to the increasing adoption of SaaS-based SCM solutions by SMEs to improve their operational efficiency and reduce costs. However, the Large Enterprise segment is expected to grow at a faster CAGR during the forecast period, owing to the rising demand for advanced and integrated SCM solutions to manage complex supply chains. By 2032, the Large Enterprise segment is projected to account for a significant portion of the overall market value.
The Saas Based SCM Market is segmented based on industry vertical into Manufacturing, Retail and Distribution, and Healthcare. Manufacturing is expected to hold a significant market share due to the increasing adoption of SaaS-based SCM solutions to improve supply chain efficiency, optimize manufacturing operations, and reduce costs. Retail and distribution are another major segment, driven by the need for real-time inventory visibility, omnichannel fulfillment, and improved customer service. The healthcare segment is also witnessing significant growth as healthcare providers seek to improve patient care, reduce costs, and enhance operational efficiency through SaaS-based SCM solutions.
The Saas Based SCM Market was valued at 29.22 Billion in 2023 and is projected to grow to 82.81 Billion by 2032, exhibiting a CAGR of 12.27% during the forecast period. Regionally, the market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The market growth in this region is attributed to the presence of a large number of SaaS-based SCM vendors, as well as the early adoption of cloud-based solutions by businesses.
Europe is expected to be the second-largest market for SaaS-based SCM solutions, followed by APAC. The growth in these regions is attributed to the increasing adoption of cloud-based solutions by businesses, as well as the growing awareness of the benefits of SaaS-based SCM solutions. South America and MEA are expected to witness significant growth in the SaaS-based SCM market during the forecast period. The growth in these regions is attributed to the increasing adoption of cloud-based solutions by businesses, as well as the growing awareness of the benefits of SaaS-based SCM solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in the Saas Based SCM Market industry are constantly striving to gain a competitive edge by investing heavily in research and development (R&D) and strategic partnerships and collaborations. Leading Saas Based SCM Market players are focusing on expanding their product portfolios and geographical presence to cater to the diverse needs of customers globally. The Saas Based SCM Market development is driven by the growing demand for cloud-based solutions, increased adoption of automation and digitalization, and the need for real-time visibility and control over supply chains.
A prominent player in the Saas Based SCM Market, SAP offers a comprehensive suite of SCM solutions, including supply chain planning, inventory management, and transportation management. SAP's strong brand recognition, global presence, and focus on innovation have contributed to its leading position in the market. Another key player, Oracle, provides an integrated suite of SCM solutions that enable businesses to manage their supply chains end-to-end.
Oracle's focus on cloud-based solutions and its strong partnerships with technology providers have helped it gain a significant market share.Infor, another notable player in the Saas Based SCM Market, offers a range of SCM solutions tailored to specific industries. Infor's focus on customer-centricity and its commitment to providing industry-specific solutions have contributed to its strong presence in the market. JDA Software, renowned for its supply chain planning and execution solutions, is another major player in the Saas Based SCM Market. JDA Software's focus on AI and machine learning has enabled it to develop advanced solutions that cater to the evolving needs of businesses.
The SaaS-based SCM market is projected to grow significantly in the coming years, driven by the increasing adoption of cloud-based solutions and the growing need for efficient supply chain management. In 2023, the market is valued at approximately USD 29.22 billion, and it is expected to reach USD 82.81 billion by 2032, exhibiting a CAGR of 12.27%. The market growth is attributed to the rising demand for real-time visibility, improved collaboration, and enhanced decision-making capabilities. Recent developments include the integration of AI and machine learning into SaaS-based SCM solutions, enabling businesses to automate processes, optimize inventory levels, and improve customer service. Additionally, the growing adoption of cloud-based SCM solutions by small and medium-sized enterprises is contributing to the market expansion.
North America
Europe
South America
Asia Pacific
Middle East and Africa
| Report Attribute/Metric | Details |
| Market Size 2022 | 26.02(USD Billion) |
| Market Size 2023 | 29.22(USD Billion) |
| Market Size 2032 | 82.81(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 12.27% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | SAP, Supply chain insights, Sage, Plex Systems, Epicor, Manhattan associates, JDA software, Workday, Infor, Unit4, Blue Yonder, IFS, NetSuite, Microsoft, Oracle |
| Segments Covered | Deployment Model, Solution Type, Organization Size, Industry Vertical, Regional |
| Key Market Opportunities | 1 Cloud-based deployment for scalability and cost efficiency2 Growing adoption in small and medium-sized businesses3 Integration with AI and machine learning for enhanced decision-making4 Increased demand for real-time data visibility and collaboration5 Growing adoption in emerging markets |
| Key Market Dynamics | Rising adoption of cloud computing Increasing demand for supply chain visibility Growing need for real-time data and analytics Focus on cost optimization and efficiency Emergence of AI and machine learning |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global SaaS-based SCM market is expected to reach a valuation of USD 29.22 billion in 2023. It is projected to grow at a CAGR of 12.27% from 2024 to 2032, reaching a valuation of USD 82.81 billion by 2032.
North America and Europe are the dominant regions in the Global SaaS-based SCM market, accounting for a significant share of the overall market revenue. The Asia Pacific region is expected to witness the highest growth rate during the forecast period due to the increasing adoption of cloud-based solutions and the rising demand for supply chain optimization.
SaaS-based SCM solutions find applications in various industries, including manufacturing, retail, healthcare, and logistics. They are used for a wide range of functions, such as inventory management, warehouse management, transportation management, and supplier relationship management.
Major players in the Global SaaS-based SCM market include SAP, Oracle, Infor, JDA Software, and Blue Yonder. These companies offer a comprehensive suite of SCM solutions to meet the diverse needs of businesses across different industries.
The Global SaaS-based SCM market is witnessing several key trends, including the increasing adoption of cloud-based solutions, the growing demand for real-time visibility and analytics, and the rise of artificial intelligence (AI) and machine learning (ML) in SCM processes.
The Global SaaS-based SCM market faces certain challenges, such as data security concerns, integration complexities, and the need for skilled professionals to manage and implement these solutions effectively.
The Global SaaS-based SCM market presents several growth opportunities, including the increasing demand for supply chain optimization, the growing adoption of e-commerce, and the expanding presence of small and medium-sized businesses (SMBs) in the global market.
The Global SaaS-based SCM market is projected to grow at a CAGR of 12.27% from 2024 to 2032, driven by the increasing adoption of cloud-based solutions and the rising demand for supply chain optimization.
The growth of the Global SaaS-based SCM market is attributed to several factors, including the increasing adoption of cloud-based solutions, the growing demand for supply chain optimization, the expanding presence of small and medium-sized businesses (SMBs) in the global market, and the increasing demand for real-time visibility and analytics.
Investing in the Global SaaS-based SCM market involves certain risks, such as data security concerns, integration complexities, and the need for skilled professionals to manage and implement these solutions effectively. Additionally, the market is subject to intense competition, and there is a risk that new technologies may disrupt the market landscape.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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