Policy Environment and Demand Side Expansions will be the Future Catalysts for SaaS based SCM Market in Europe: Ken Research
- The advent of many companies and the business-friendly policies adopted by the European Nations, as well the demand side expansions have also forced the SaaS based companies to expand rapidly and incorporate cutting-edge technologies like Ai and Machine Learning to digitize their supply chains which are again factors of growth.
- The need for instantaneous supply chain analysis, increased ICT spending and technology progress in supply chain industry are going to drive the market growth. The Key Market Players are taking big strides the Europe SaaS based SCM market by adopting various business strategies like mergers and acquisitions, knowledge sharing partnerships, strategic collaborations and new product launches to stay competitive in the market.
GURUGRAM, India, Aug. 10, 2022 /PRNewswire/ --
Ease of Operation: The SaaS based SCM software is useful in aiding the implementation of the organization's supply chain department to monitor accurately their current operations and check where their current operations are performing and underperforming. This helps them to prepare for facing minor problems and direct resources accordingly to generate significant outcomes, thereby increasing productivity.
E-Commerce Boost: The recent splurge in E-commerce spending which has forced FMCG, Retail, Manufacturing and Logistics companies to increase their investments in automation including the outright automation of their supply chains have fueled the growth.
Acceleration of Supply Chain Digitization Industry Wide: The need of an improved supply chain visibility along with a robust industry grade and ready solution is also one key driver of growth. Moreover, surge in need for demand management solutions among enterprises and increase in adoption of SaaS-based SCM software in healthcare and pharmaceutical companies further boosts the growth of the market.
Analysts at Ken Research in their latest publication "Europe SaaS based SCM Market Outlook to 2027 - Driven by Acceleration of Supply Chain Digitization, E-Commerce Boost and EU Regulations on Data Storage: Ken Research" believe that the SaaS based SCM market is expected to grow due to the favorable policies by the nations, demand side expansions and increasing need for real-time analysis for the companies for their supply chain analysis.
Key Segments Covered in Europe SaaS based SCM Market:-
Europe SaaS based SCM Market By Solution Type
- Software
- Services
Europe SaaS based SCM Market By Deployment Mode
- Public Cloud
- Private Cloud
- Hybrid
Europe SaaS based SCM Market By Application
- Transportation Management
- Inventory & Warehouse Management
- Sourcing & Procurement Management
- Order Management
- Demand and Operations Planning
Europe SaaS based SCM Market By Type of End User Industry
- Electronics & Consumer Durables
- Food & Beverages
- Healthcare & Life Sciences
- Automotive
- Chemicals
- Engineering Goods & Machinery
- Apparel & Fashion Goods
- Oil & Gas
- Fast Moving Consumer Goods (FMCG)
- Stationery Goods
- Metals & Hardware, Mining
- Construction Materials
- Aerospace & Defense
- Others (Renewable Energy, Electricals, Telecom, Furniture, etc.)
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Europe SaaS based SCM Market By Geography and Major Countries
- Germany
- UK
- France
- Spain
- Italy
- Russia
Key Target Audience:-
- Commercial Software as a Service (SaaS) Solutions Providers
- Enterprise Software Solutions Providers
- Enterprise Software Service Providers
- Enterprise Cloud Infrastructure and Solution Providers
- Enterprise Software Systems Developers & Integrators
- Enterprise Software Solutions User Interface (UI/UX) Design Providers
- Enterprise Software Solutions Operating System (OS) Providers
- Enterprise Software Solutions Distributors
- Cloud Software Solutions Distributors
- Allied/Auxiliary industries for SaaS Solutions
- Potential Investors in SaaS Solutions Segment
Time Period Captured in the Report:-
- Historical Period: 2017-2021
- Forecast Period: 2022-2027F
Major SaaS based SCM Solution Providers in Europe Mentioned in the Report:
- SAP SE
- IBM
- Oracle Corporation
- Korber
- Blue Yonder
- Manhattan Associates
- Descartes Systems Group
- Logility
- Kinaxis
- Infor
- Epicor
- E2open BlueJay
- Microsoft Corporation
Notable Emerging SaaS based SCM Solution Providers in Europe Mentioned in the Report:
- Transporeon GmbH
- Retraced GmbH
- Makersite GmbH
- Limbiq System GmbH
- Huboo Technologies
- Sorted Group Ltd.
- Matrix Telematics Ltd.
- 7bridges
- Wakeo
- Shippeo
- SupplHI
- ELiWMS
- Tecnest
- Cybertec
- Witrac
- Kubbo
- SmartMonkey
- ABM Cloud
- Express RMS
- Gruzopoisk
For more information on the research report, refer to below link:-
Europe SaaS based SCM Industry
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Frequently Asked Questions:-
What is the Study Period of this Market Report?
The Europe SaaS based SCM Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.
What is the Future Growth Rate of Europe SaaS based SCM Market?
The Europe SaaS based SCM Market is expected to witness a CAGR of above 12% over the next 5 years.
What are the Key Factors Driving the Europe SaaS based SCM Market?
Acceleration of Supply Chain Digitization among end-user industries, E-Commerce Boost and EU Regulations on Data Storage expected to be the primary driver of this market.
Which is the Fastest Growing Product Segment within the Europe SaaS based SCM Market?
Service Solutions is the fastest growing product segment within the Europe SaaS based SCM Market.
Who are the Key Players in Europe SaaS based SCM Market?
SAP SE, Oracle Corporation, IBM, Manhattan Associates, Korber AG, Kinaxis, Logility, Descartes Systems Group, Blue Yonder, Epicor Software Corporation, E2Open LLC, Infor, and Microsoft Corporation are the major companies operating in Europe SaaS based SCM Market.
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