Policy Environment and Demand Side Expansions will be the Future Catalysts for SaaS based SCM Market in Europe: Ken Research

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Aug 10, 2022, 10:15 ET

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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SOURCE Ken Research