Factors that Boost Global Supply Chain Analytics

By Apac CIO Outlook | Tuesday, September 22, 2020

Presenting a comprehensive overview of the supply chain market with a detailed evaluation of the driving forces, obstacles, opportunities, and challenges, QYResearchReports, a market research firm, released a new study on the global market for supply chain analytics. The research report titled “Global Supply Chain Analytics Market Size, Status and Forecast 2025,” examines the past and present performance of the global supply chain analytics sector, focusing on the factors that influence the demand for supply chain analytics in South East Asia, China, European Union (EU), and the U.S.

The significant growth of the supply chain analytics market is attributed to the increasing adoption of cloud technology across enterprises. To assess the growth prospects of the various segments in a supply chain, each segment’s current and past performance has been taken into consideration. The supply chain market has been broadly divided on the basis of type and application for assessment purposes. The market has been segmented based on type and application. Logistics analytics, manufacturing analytics, planning and procurement, sales and operations analytics, and visualization and reporting, represent the classification according to type; and according to application, it is divided into cloud and on-premise.

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Furthermore, the report provides details about the current status of the main geographical regions for supply chain analytics along with important market parameters including production volume, product pricing, utilization capacity, revenue, and the growth rate in each region. To provide an overview of the competitive landscape, the research report also contains detailed information about the business operations and financial structures of prime vendors in the market. The prominent trends among leading companies along with their various marketing channels is also included to serve as a resourceful guide for existing players as well as companies looking to venture into the market.