The key part of supply chain management (SCM) is the supply and distribution of goods. Supply chain activities play a major role in generating information and gathering generated information from retailers, manufacturers, and wholesalers. Information flow from retailers and suppliers is multiplying, due to increasing compliance mandates, which is making the supply chain more vulnerable, complex, and expensive.
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The smart solutions are capable of making most of the less complex decisions automatically, which limits the need for human intervention and increases the responsiveness of the entire supply chain. Hence, these factors are expected to drive growth of the global smart and mobile supply chain solutions market during the forecast period.
What is the market size of Smart and Mobile Supply Chain Solutions Solution in 2022?
The global smart and mobile supply chain solutions market was valued at US$ 14,354.3 Bn in 2019 and is forecast to reach a value of US$ 51,123.3 Bn by 2027 at a CAGR of 17.2% between 2020 and 2027.
What is the primary factor contributing towards the growth of global Smart and Mobile Supply Chain Solutions Solution market?
Major factor driving the growth of global smart and mobile supply chain solutions market during the forecast period is availability of instrumented, intelligent, and interconnected solutions.
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Who are the key players operating in the global Smart and Mobile Supply Chain Solutions Solution market?
Key players operating in the global smart and mobile supply chain solutions market are SAP SE, Kewill Systems plc, Oracle Corporation, GT Nexus Inc., JDA Software Group, Inc., Infor Global Solutions, Inc., Manhattan Associates, Inc., Descartes Systems Group, Inc., Epicor Software Corporation, and IBM Corporation.
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