The Asia Pacific Digital Supply Chain Market would witness market growth of 14.6% CAGR during the forecast period (2021-2027).
The digital supply chain creates a single version of the performance of a company by digitalizing & collecting the data across the organization & getting benefits of sales, profit centers, efficiency, cost allocations, and more. The dashboards that present & process such information support the authorities in transforming maintenance activities to predictive & preventative, consolidating source of supply, and setting benchmarks for production.
The supply chain for a food & beverage industry must be tactically controlled and coordinated as this industry is supposed to deliver high-quality products that also need essential ingredients. Moreover, the supply chain must be interactive in the ecosystem externally as well as in the manufacturing organization.
China is among the leading countries providing manufacturing services and supplier of the consumer goods across the world which arises the need of most efficient supply chain in the region. The increasing urbanization in various developing countries is India & China is leading to digital transformation of various activities. Moreover, this region has witnessed an increased adoption of Omni channels and e-commerce channels in the supply chains by the companies.
The China market dominated the Asia Pacific Digital Supply Chain Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $762.2 million by 2027. The Japan market is poised to grow a CAGR of 13.9% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 15.3% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Retail & Consumer Goods, Food & Beverages, Healthcare & Pharmaceuticals, Manufacturing, Transportation & Logistics, Automotive, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Digital Supply Chain Market is Projected to reach USD 8.6 Billion by 2027, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cloudera, Inc., IBM Corporation, SAP SE, MicroStrategy, Inc., TIBCO Software, Inc., SAS Institute, Inc., Salesforce.com, Inc., Oracle Corporation, Software AG, and Infor, Inc.
By Component
By Enterprise Size
By End User
By Country
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