Published Date: 31-Mar-2022
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According to a new report Global Digital Supply Chain Market, published by KBV research, The Global Digital Supply Chain Market size is expected to reach $8.6 billion by 2027, rising at a market growth of 12.8% CAGR during the forecast period.
The Solution market is generating high revenue in the Global Digital Supply Chain Market by Component 2020, thereby, achieving a market value of $6.1 billion by 2027. The dominance is the result of the rising adoption of supply chain management solutions & supply chain visibility. These solutions would help the enterprise to define the important aspects of a supply chain and manage events of different departments.
The Small & Medium Enterprises market shows high growth rate of 14.5% during (2021 - 2027). The shifting focus of companies toward consumer satisfaction and the rising demand for the adoption of digital supply chain solutions to analyze real-time data is driving the growth of the digital supply chain market in this segment.
The Retail & Consumer Goods dominated the Global Digital Supply Chain Market by End User 2020, thereby, achieving a market value of $3.0 billion by 2027. It is because the digitalization of supply chain for retail & consumer goods industry will allow the market players to fulfil the arising needs of consumers and also overcome the challenges faced by the supply chains.
The North America market acquired maximum revenue share in the Global Digital Supply Chain Market by Region 2020, growing at a CAGR of 11.2% during the forecast period. The Europe market is expected to witness a CAGR of 12% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 14.6% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Enterprise Size
By End User
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