Supply Chain Analytics Market Analysis

End-User (Automotive, Energy & Utilities, Transportation, Healthcare)

The automotive segment is estimated to hold 35% share of the global supply chain analytics market in the coming years owing to the growing automotive sector. The automotive industry is vulnerable to supply chain disruptions, which can have a significant impact on production and revenue.

According to a report, supply chain disruptions cost the automotive sector nearly USD 56 billion in the year 2020. 

Deployment (On-Premise, Cloud)

The cloud segment is set to garner a notable share of roughly 60% shortly led by cost efficiency and scalability of cloud services. Cloud-based supply analytics can be more cost-efficient than traditional on-premises solutions. With cloud-based solutions, companies can avoid the upfront cost of hardware, and software and instead pay for services on a subscription basis. This can make supply chain analytics more accessible to smaller companies and those with limited budgets.

Cloud-based supply chain analytics solutions can be easily scaled up or down as needed providing companies with greater flexibility and agility. This is particularly important in the context of rapidly changing supply chain dynamics, where companies need to be able to adapt quickly to new market conditions. Cloud-based supply chain analytics solutions can offer improved data security compared to on-premises solutions.

Our in-depth analysis of the global market includes the following segments: