SaaS based SCM Market Definition and Overview
Software as a Service (or SaaS) is a way of providing software applications
running on a cloud infrastructure - as a service, according to specific needs
of interested clients. Instead of installing and maintaining software, the
client simply accesses it via the Internet, freeing themselves from complex
software and hardware management. SaaS based SCM is a suite of software solutions
that helps the companies to automate and accelerate all the core SCM activities
of a company on a cloud. The software helps in companies to automatically track
and hence keep proper records of the inventory that helps them in increasing productivity
and in standardizing the processes. Due to the flexibility that the SaaS based
SCM offers, companies are using it for all of their core SCM functions such as
demand planning, inventory management, operations planning, sourcing,
procurement, warehouse and transportation management. The SaaS based SCM aids
in having a better visibility, provides accurate insights, provides rapid and
scalable operations which enables companies to have an intelligent supply chain
network.
Europe SaaS based SCM Market Outlook, Drivers and Challenges
The SaaS based SCM market in Europe is expected to witness strong
growth of atleast 10% CAGR over the next five years, primarily driven by the increasing
penetration among end-user industries, stabilizing long-term use among
end-users within developed nations and rising adoption among end-users within
developing nations.
The ability of the SaaS based SCM solutions in integrating with other
latest technologies such as Internet of Things (IoT) and Artificial
Intelligence is making many end-user companies switch to the cloud-based system
from the traditional on-premise tools. The rapid growth in the adoption of flexible
and scalable digital technologies by the end-user companies to effectively
manage their supply chains is driving the SaaS based SCM market to grow.
Flexibility offered by the solutions providers in terms of clients being able
to choose hybrid and pay-as-you go models in deployment modes such as public
and private is a key driver for the market.
The skepticism around data security issues in a cloud environment
is a challenge to the growth of SaaS based SCM market. The lack of sufficient skilled
professionals in the SaaS based SCM is also likely to hamper the growth of the
market in Europe.
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Europe SaaS based SCM Market Value Chain Analysis
The SaaS based SCM software value chain consists of a database
provider which collects raw data such as supplier information, point of sales,
combined products, shipping notifications, etc. This data is then processed by
the middleware software companies which create the main data in a structured
format. This main data is used by the SaaS based SCM service providers to
create solutions which are finally delivered to the client. Other organizations
playing an important role in functioning of this value chain are Cloud
Infrastructure providers.
Europe SaaS based SCM Market Segmentation
The SaaS based SCM market can be split into two major categories based
on type of solutions such as Software and Services. Based on the Deployment
Mode, the market is categorized as Public, Private and Hybrid. The
Transportation Management, Inventory and Warehouse Management, Sourcing and
Procurement Management, Order Management and Demand and Operations Planning are
the Application based segments in the market. From the demand side, the market
can be segmented based on end-user industries such as Electronics &
Consumer Durables, Food & Beverages, Healthcare & Life Sciences,
Automotive, Chemicals, Engineering Goods & Machinery, Apparel & Fashion
Goods, and Oil & Gas. Geographically, the major country markets in Europe
are UK, France, Germany, Italy, Spain and Russia.
Europe SaaS based SCM Market Competitive Landscape of Major Competitors
Some key competitors in the Europe SaaS based SCM market are SAP
SE, IBM Corporation, Oracle Corporation, Infor, Manhattan Associates, Korber,
Logility and Blue Yonder Group, Inc.
Impact of Covid-19 on Europe SaaS based SCM Market
The Covid-19 situation resulted in the growth of the overall SaaS
based SCM market. The supply chains of several industries faced a lot of
challenges due to the pandemic. Rising demand for online services resulted in
companies in the end-user industries such as Food & Beverages, Apparel
& Fashion Goods, Healthcare & Life Sciences resorting to adoption of
automated supply chain systems enabled by SaaS solutions. Eventually the other
end-user industries whose supply chains were impacted due to the pandemic are also
adopting SaaS based SCM which is driving market growth.
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
Europe
SaaS based SCM Market By Geography and Major Countries
Germany
UK
France
Spain
Italy
Russia
Key
Competitors in Europe SaaS based SCM Market:-
IBM
Corporation
Oracle
Corporation,
SAP
SE
Blue
Yonder Group, Inc.
Infor
Manhattan
Associates
Korber
Logility
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Time
Period Captured in the Report:-
Historical
Period: 2017-2021
Forecast
Period: 2022-2027F
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
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Ankur Gupta, Head Marketing &
Communications
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