Global Cloud Supply Chain Management Market Industry Trends and Forecasts projected to reach USD 11.4 billion by 2024, at a CAGR of 20.3% during the forecast period of 2018 to 2025. Cloud supply chain management is all about managing the supply chain cycle within a firm present at versatile locations, with information, analytics, and decision making all taking place with the help of cloud or Internet of Things (IoT). In this era of complex business and vast coverage and globalization of trade and services, there is a need for data and computation to be based on cloud i.e. resources are present at a place and can be used when required. In other words, it is large scale computing where services are delivered on demand.
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Market Segmentation: Global Cloud Supply Chain Management Market
The Cloud Supply chain market by the following sub-categories is presented
By Solution Type
• Demand planning & forecasting
• Inventory & warehouse management
• Product life-cycle management
• Logistics management
• Sales & operations planning
• Order management
• Transportation management
• Procurement & sourcing
• Product master data management
By User Type
• Large enterprises and small
• Medium enterprises
By End User
• Energy & power
• Retail & wholesale
• Food & beverage
• Transportation & logistics
• Manufacturing
• Healthcare & life sciences
• Hospitality
• Government
By Service Type
• Training & consulting
• Managed services
• Support & maintenance
By Deployment Type
• hybrid cloud
• public cloud
• private cloud
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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Market Drivers and Restraints: Global Cloud Supply Chain Management Market
• Increasing adoption of cloud based solutions and management system across industries.
• Increasing share and transactions of E-commerce in the market.
• Data segregation issues.
• Lack of technical and skilled expertise.
Market Analysis: Global Cloud Supply Chain Management Market
The Global Cloud Supply Chain Management Market is expected to reach USD 16.76 billion by 2025 from USD 3.90 billion in 2017 and is projected to grow at a CAGR of 20.0% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Competitive Analysis: Global Cloud Supply Chain Management Market
The Global Cloud Supply Chain Management Market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of cloud supply chain market for global, Europe, North America, Asia Pacific and South America.
In 2017, Aditya Birla Online Fashion (Abof) ventured with IBM Cloud and Watson for delivering a personalized and convenient shopping experience to their end customers. It will enable the customers with accessibility variety of features, such as using natural language questions and receiving greater personalization and product recommendations.
Key Players: Global Cloud Supply Chain Management Market
The renowned players in Global Cloud Supply Chain Management Market are JDA Software, IBM, Kinaxis, Oracle, SAP SE, Infor, Inc., The Descartes Systems Group Inc., Manhattan Associates, Inc., Logility, Inc., Highjump Inc., Kewill, Inc., Tecsys, Inc., Basware, Coupa Software Inc, Dassault Systèmes, Proactis Holdings Plc., GT Nexus, an Infor company, JAGGAER, Cloudlogix, Inc., and Manhattan Associates Inc., amongst others.
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