Analytics is the ability to make data-driven decisions based on a summary of relevant often using visualization in the form of graphs, charts, trusted data and other mean. Supply chain generate huge amount of data and supply chain analytics helps to make sense of all the available data by covering patterns and generating insights.
MARKET SCOPE
The "Global Supply Chain Analytics Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the supply chain analytics market with detailed market segmentation by platform, deployment type, industry vertical and geography. The report provides key statistics on the market status of the leading supply chain analytics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on platform, the global supply chain analytics market is segmented into solution, services
? On the basis of deployment type, the market is segmented into on-premise deployment, cloud deployment, hybrid deployment
? Based on industry vertical, the market is bifurcated into retail, manufacturing, automotive, food and beverages, others
MARKET DYNAMICS
Drivers:
? Growing volume and velocity of the data and the need to improve operation and supply chain efficiencies are driving the growth of the Global Supply Chain Analytics Market. Also, the advent of artificial intelligence and growing machine learning are fuelling the growth of the Global Supply Chain Analytics Market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The supply chain analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the supply chain analytics market in these regions.
IMPACT OF COVID-19 ON SUPPLY CHAIN ANALYTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the supply chain analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from supply chain analytics market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the supply chain analytics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Birst Inc.
? Demand Solutions Group LLC
? Entercoms Inc.
? IBM Corporation
? Kinaxis Inc.
? Oracle Corporation
? SAP SE
? SAS Institute Inc.
? Tableau Software Inc.
? Tata Consultancy Services