supply chain – CRI Report

Global Supply Chain Analytics Market Research Report Information – Forecast Till 2023

admin — Fri, 28 Dec 2018 02:47:25 +0000

Market Scenario
The supply chain functions have become one of the critical components for businesses to provide goods and/or services with enhanced customer satisfaction. It focuses on predicting customer demands, improving the overall efficiency of the supply chain processes, and enhancing the response time for consumer needs. Supply chain analytics are statistical tools and modeling techniques used to obtain meaningful patterns from the available raw data, such as transaction and shipment data. Additionally, the growing amount of data gathered from industries, such as customer behaviors in retail, patient records in healthcare, and logistics and transportation, are encouraging enterprises to adopt various solutions plying in the supply chain analytics market. Also, rising consumer awareness with respect to the benefits of supply chain analytics is likely to influence the market significantly.
Supply chain management has become a powerful and critical component in the operations of different industry verticals, particularly the retail, pharmaceutical, and healthcare sectors. This component has been greatly influenced by globalization, which allows numerous manufacturing units, suppliers, and distributors to deliver their products and services worldwide with enhanced quality and performance. To provide services with enhanced quality, the market has witnessed augmented levels of data generation. Furthermore, with the emergence of internet penetration, adoption of cloud computing, and industry 4.0, the supply chain is facing a tremendous increase in the amount of data.

The rise in IoT enabled smart devices such as RFID sensor tags and barcodes help in the automation of supply chains. Thus, the adoption of IoT technology has facilitated the generation of significant amounts of data. This comprises unstructured data which helps the enterprises lower the operational and capital expenditures with the help of predictive and optimization models. Furthermore, most of the industrialists and experts recognize that integration of artificial intelligence with supply chain analytics could be an effective growth strategy in predicting the possible outcomes and offering a pro-active action plan in handling inventory management. This integration is expected to act as a competitive advantage for implementing supply chain analytics in reducing cost fluctuations by improving sourcing and logistics activities.
However, lack of data privacy in public cloud deployment and monetary constraints among enterprise are likely to hinder the growth of supply chain analytics market during the forecast period.
The global supply chain analytics market is expected to reach approximately USD 8.89 billion by 2023 registering a 13.7% CAGR during the forecast period 2017–2023.
Key Players
Some of the key players of Supply Chain Analytics market include IBM Corporation (US), MicroStrategy, Inc. (US), Oracle Corporation (US), Tableau Software, Inc. (US), SAP SE (France), Accenture PLC (Ireland), Genpact (US), SAS Institute Inc. (US), Manhattan Associates, (US), and JDA Software Group, Inc. (US).
Key Findings
• The global supply chain analytics market is expected to reach USD 8.89 billion by 2023.
• By component, the solution segment is expected to grow at a significant rate in the global supply chain analytics market during the forecast period.
• By solution, the supply chain planning and procurement segment is expected to hold the largest market share and is presumed to remain the highest market share over the next few years.
• By services, the managed services segment is likely to be the fastest growing segment during the assessment period.
• The cloud sub-segment of supply chain analytics market is expected to dominate the market during the forecast period and is also expected to be the fastest growing sub-segment from 2018 to 2023.
• By vertical, the retail segment is expected to be largest contributor during the forecast period and also projected to be the fastest growing segment during the next few years.
• Geographically, North America has been projected to hold the largest market share whereas Asia-Pacific is likely to be the fastest growing market in the supply chain analytics market.

Segmentation
The supply chain analytics market is segmented by component, deployment, and vertical.
Based on component, the supply chain analytics market is sub-segmented into solution and services. The solution segment is further divided into supply chain planning and procurement, transportation and logistics, sales and operation planning, manufacturing analytics, and visualization and reporting tools. Based on services, the supply chain analytics market is segmented into professional services and managed services.
By deployment, the market is categorized into on-premises and cloud. Based on the industry vertical, the market is categorized into retail, manufacturing, healthcare, automotive and transportation, aerospace and defense, and others.
Regional Analysis
Geographically, the supply chain analytics market is segmented into North America, Asia-Pacific, Europe, and the rest of the world.
North America dominated the supply chain analytics market in 2017 and gained a 39% market share in 2017. The presence of solution providers such as IBM Corporation, Oracle, and Tableau Software, Inc and highly skilled and technical expertise are some of the major factors for the dominance of North America in the market. The US is the leading the market whereas Canada is expected to witness significant growth over the assessment period. However, countries in the Asia-Pacific region such as China, Japan, and Taiwan are hubs electronics and semiconductor manufacturers; this may lead to an increase in the adoption of supply chain analytics software solutions for better inventory management. Due to this, Asia-Pacific is expected to be the fastest growing market during the forecast period
Target Audience
• Retail Vendors
• Local/Government Agencies
• Supply Chain Analytics Services Providers
• Cloud Service Providers
• IT Providers
• Value-added Resellers
• Cloud Infrastructure Agencies
• Research Firms
• Software Vendors

The post Global Supply Chain Analytics Market Research Report Information – Forecast Till 2023 first appeared on CRI Report.

Global Cold Chain Monitoring Market Research Report – Forecast to 2023

admin — Fri, 07 Dec 2018 02:40:08 +0000

Introduction
Cold chain monitoring is defined as the process of effectively planning, implementing, and controlling the flow and storage of perishable goods from the point of origin to the point of production, distribution, and consumption for temperature-controlled supply chain monitoring, or cold chain monitoring. This type of supply chain system is widely used by the chemical, food, and pharmaceutical industries to monitor the transportation of the products, with the help of various hardware and software devices such as RFID devices, sensors, networking devices, and telemetry & telematics.
The growing need for refrigeration in the pharmaceutical industry and the growing demand for fresh food and the need to reduce food wastage are factors expected to drive then growth of the global cold chain monitoring market during forecast period. However, maintaining temperature integrity throughout the supply chain is a limitation faced by the global cold chain monitoring market.
The market has been divided into various segments based on component, application, logistics, and region. On the basis of component, the market is segmented into software, hardware, and services. Hardware is further segmented into RFID devices, sensors, telemetry & telematics devices, and networking equipment. The services are further divided into professional services and managed services. By application, the market is segmented into pharmaceutical & healthcare, food & beverages, chemicals, and others. By logistics, the market is segmented into warehousing and transportation. By region, the market is segmented into North America, Asia-Pacific, Europe, and the rest of the world.
Based on the component, the segment hardware is led the market by generating the highest revenue of USD 1902.4 million in 2017 and is expected to register a 8.3% CAGR in the forecast period. In the application segment, food & beverages generated the highest revenue of USD 1303.1 million in 2017 and is expected to exhibit a CAGR of 11.1% during forecast period. Based on the logistics, the warehouse segment generated the highest revenue of USD 2330 million in 2017 and is expected to register an 8.6% CAGR in the forecast period.
The global cold chain monitoring market is expected to reach approximately USD 7158.8 million by 2023, registering a CAGR of 9.6% between 2017 and 2023.
Key Players
The key players of cold chain monitoring market are NXP Semiconductors N.V (Netherlands), NEC Corporation (Japan), ORBCOMM Inc. (US), Sensitech, Inc. (US), Berlinger & Co AG (Switzerland), Controlant (Iceland), Infratab Inc. (US), Monnit Corporation (US), Zest Labs Inc. (Ecoark Holdings) (US), and Elpro-Buchs A G (Switzerland).
Global Cold Chain Monitoring Market Analysis & Forecast, from 2017 to 2023
• To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global cold chain monitoring market
• To provide insights about factors affecting the market growth
• To analyze the global cold chain monitoring market based on Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries—North America, Europe, Asia-Pacific, and the rest of the world
• To provide country-level analysis of the market with respect to the current market size and future perspective
• To provide country-level analysis of the market for segment on the basis of component, application, logistics, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the cold chain monitoring market
Target Audience
• Cold chain warehouses
• Sensor manufacturers
• Logistic companies
• Pharmaceutical Companies
• Dairy product manufacturers
• Pharmacies
• Large food retailers
• Logistics Providers
• Key Findings
• The global cold chain monitoring market is expected to reach USD 7158.8 million by 2023
• Based on the component, the segment hardware generated the highest revenue of USD 1902.4 million in 2017 and is expected to lead the market at an 8.3% CAGR in the forecast period.
• Based on the application, the food & beverages segment generated the highest revenue of USD 1303.1 million in 2017 and is expected to lead the market registering an 11.1% CAGR during forecast period.
• Based on the logistics, the segment warehouse generated the highest revenue of USD 2330 million in 2017 and is expected to lead the market, exhibiting a CAGR of 8.6% CAGR in the forecast period.
• Geographically, North America has been projected to hold the largest market share in the global cold chain monitoring market, followed by Europe.
Regional and Country Analysis of Cold Chain Monitoring Market Estimation and Forecast
Global cold chain monitoring market, by region, is led by North America with the CAGR of 10.5% during forecast period. It is followed by Europe has occupies the second position in the global cold chain monitoring with the CAGR of 8.9%. Asia-Pacific is the fastest growing market with 11.3% CAGR. However, the rest of the world is growing at slow rate with the CAGR of 5.2% during forecast period.
The report also offers a brief country-level analysis for the various regional markets.
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
• Rest of the world

The post Global Cold Chain Monitoring Market Research Report – Forecast to 2023 first appeared on CRI Report.