Supply Chain Analytics Market Share

APAC Market Forecast

Supply chain analytics market in Asia Pacific is predicted to account for the largest share of 35% by 2037 impelled by the growing promotion of digital transformation. Governments in the region are increasingly focused on promoting digital transformation in their economies, which includes the adoption of supply chain analytics solutions.

For instance, the Singapore government has launched several initiatives to promote the adoption of Industry 4.0 technologies in the country.

North American Statistics

The North America supply chain analytics market is estimated to be the second largest, during the forecast timeframe led by growing focus on sustainability. Market players in North America are increasingly focused on sustainability in their supply chains, with many investing in solutions to reduce waste and carbon emissions.

European Market Analysis

Also, the market in the Europe, is poised to hold significant share by the end of 2037 driven by stringent regulatory compliance. For instance, under a new proposed rule, companies with headquarters in the EU are subjected to strict supply chain due diligence requirements, which would be relevant to both EU and non-EU enterprises. Further, to adhere to these regulations there is an increase in demand for supply chain analytics in the region