Supply Chain Analytics Market

The supply chain analytics market is anticipated to expand at a compound annual growth rate (CAGR) of 21.0% from USD 5.2 billion in 2022 to USD 13.5 billion by 2027. The process of collecting data and information to provide insights into how logistics are run, from inventory control to order fulfillment and shipping, is known as supply chain analytics. With the growth of e-commerce, there is greater pressure to establish a lean supply chain and meet customer expectations for affordable, timely shipping. By utilizing tools, technology, and other resources to collect real-time data on everything from shipment performance to inventory movement, online merchants may optimize their supply chain and save costs while increasing accuracy and speeding up procedures.

The growth of the supply chain analytics market is driven by several key factors that are reshaping the landscape of supply chain management. Here are the main growth factors:

• Demand for Operational Efficiency
• Increasing Complexity of Supply Chains
• Rising Customer Expectations
• Advancements in Data Analytics Technologies
• Focus on Risk Management and Resilience
• Emphasis on Sustainability and Corporate Social Responsibility (CSR)
• Regulatory Compliance Requirements

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Demand for Operational Efficiency:

• Companies are increasingly adopting supply chain analytics to streamline operations, reduce costs, and improve overall efficiency in logistics, inventory management, and procurement processes.

Increasing Complexity of Supply Chains:

• Globalization has led to more complex and interconnected supply chains. Analytics tools help organizations manage this complexity by providing visibility, transparency, and control over supply chain activities across geographies and stakeholders.

Rising Customer Expectations:

• Consumers expect faster delivery times, personalized products, and transparent supply chain practices. Analytics enable companies to meet these expectations by optimizing inventory levels, forecasting demand accurately, and ensuring timely delivery.

Advancements in Data Analytics Technologies:

• Innovations in big data analytics, AI, machine learning, and IoT are enhancing the capabilities of supply chain analytics. These technologies enable real-time data processing, predictive modeling, and actionable insights for decision-making.

Focus on Risk Management and Resilience:

• The COVID-19 pandemic highlighted the importance of supply chain resilience. Analytics play a crucial role in identifying and mitigating risks such as supplier disruptions, natural disasters, geopolitical instability, and demand fluctuations.

Emphasis on Sustainability and Corporate Social Responsibility (CSR):

• There is a growing focus on sustainable supply chain practices. Analytics help in tracking and optimizing carbon emissions, reducing waste, and ensuring ethical sourcing practices, aligning with CSR goals.

Regulatory Compliance Requirements:

• Compliance with regulatory standards and industry certifications (e.g., ISO standards, FDA regulations) necessitates accurate data reporting and traceability, which supply chain analytics can facilitate.

Supply Chain Analytics Market Share - Global Industry Landscape

The leading companies in the Supply Chain Analytics industry and their key offerings include:

• Qlik (US)
• TIBCO (US)
• Cloudera (US)
• Logility (US)
• Savi Technology (US)
• Infor (US)

The leading companies in Supply Chain Analytics include established tech giants like IBM, Oracle, and SAP, offering comprehensive analytics tools. These players focus on helping businesses optimize inventory, transportation, and overall supply chain efficiency. Other key players include Blue Yonder and JDA Software, known for their advanced solutions in demand forecasting and logistics management.

Qlik (US)

Market Share:

• Qlik is a major player in the business intelligence and analytics market. Specific market share percentages can vary, but Qlik is recognized for its strong presence in data visualization and analytics platforms.

Key Offerings:

• Qlik Sense: Self-service data visualization and analytics platform.
• QlikView: Business discovery and dashboarding tool for data analysis.
• Qlik Analytics Platform: Enables embedding analytics into applications and custom solutions.
• Qlik Data Integration: Tools for data integration, transformation, and analytics.

TIBCO (US)

Market Share:

• TIBCO is a significant player in the integration and analytics software market. It provides solutions across various industries, with a notable presence in data management and analytics.

Key Offerings:

• TIBCO Spotfire: Data visualization and analytics platform for business intelligence.
• TIBCO Data Science: Advanced analytics and data science capabilities.
• TIBCO BusinessWorks: Integration platform for connecting applications and data sources.
• TIBCO EBX: Master data management and data governance solutions.

Cloudera (US)

Market Share:

• Cloudera is a leading provider in the big data and analytics market, particularly known for its contributions to the Hadoop ecosystem and enterprise data management solutions.

Key Offerings:

• Cloudera Data Platform (CDP): Unified platform for data management and analytics.
• Cloudera Data Warehouse: Cloud-based data warehouse for SQL analytics.
• Cloudera Data Science Workbench: Platform for data scientists and analysts.
• Cloudera Streaming Analytics: Real-time data processing and analytics.

Logility (US)

Market Share:

• Logility specializes in supply chain management software and solutions, focusing on optimizing inventory, demand planning, and supply chain operations.

Key Offerings:

• Logility Voyager Solutions: Comprehensive supply chain management software suite.
• Demand Planning and Forecasting: Tools for demand forecasting and inventory optimization.
• Supply Chain Collaboration: Enhances collaboration across the supply chain network.
• Advanced Analytics: Provides insights for better decision-making in supply chain operations.

Savi Technology (US)

Market Share:

• Savi Technology is known for its expertise in supply chain visibility and analytics solutions, particularly in defense and government sectors.

Key Offerings:

• Savi Visibility™ Platform: Real-time supply chain visibility and analytics platform.
• RFID and IoT Solutions: Utilizes RFID and IoT technologies for asset tracking and management.
• Predictive Analytics: Uses data analytics to forecast and optimize supply chain performance.
• Government and Defense Solutions: Tailored solutions for defense logistics and asset management.

Infor (US)

Market Share:

• Infor is a global enterprise software company known for providing industry-specific applications and cloud-based solutions across various sectors.

Key Offerings:

• Infor CloudSuite: Industry-specific cloud ERP solutions.
• Infor Nexus: Supply chain network and collaboration platform.
• Infor Coleman AI: AI-powered insights and automation capabilities.
• Enterprise Asset Management (EAM): Solutions for managing assets and facilities.

These companies represent a diverse range of capabilities and market presence within their respective domains, offering specialized solutions to meet the evolving needs of businesses across industries.

Related Reports:

Supply Chain Analytics Market Component, Software (Supplier Performance Analytics, Demand Analysis & Forecasting, and Spend & Procurement Analytics), Service, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027