Global Supply Chain Management Market Size Projected to Reach USD 62.18 Billion by 2030, Growing at a 10.4% CAGR

Pune, Maharashtra, India – March 28, 2025 – The global Supply Chain Management (SCM) market, valued at USD 31.11 billion in 2023, is anticipated to double by 2030, reaching approximately USD 62.18 billion. This growth represents a compound annual growth rate (CAGR) of 10.4% over the forecast period. ​

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Market Definition and Scope

Supply Chain Management encompasses a series of decision-making and execution processes that facilitate the flow of materials, information, and finances within and between stages of the supply chain to meet end-customer demands. It integrates various functions, including new product development, marketing, operations, distribution, finance, and customer support, involving entities such as manufacturers, suppliers, transporters, warehouses, retailers, and consumers.

Market Growth Drivers and Opportunities

Several factors are driving the expansion of the SCM market:

  1. Demand for Enhanced Visibility and Transparency: Organizations are increasingly seeking greater transparency and visibility in supply chain data and processes to prevent disruptions and manage inventory effectively. The ability to handle vast amounts of data across various processes and systems is crucial in achieving these objectives. ​
  2. Surge in E-commerce Activities: The robust growth of e-commerce has intensified the need for efficient supply chain solutions to manage complex logistics, inventory, and distribution networks, ensuring timely delivery and customer satisfaction.​
  3. Adoption of Cloud-Based SCM Solutions by SMEs: Small and medium-sized enterprises are increasingly embracing cloud-based SCM solutions to enhance operational efficiency, reduce costs, and improve scalability, thereby driving market growth.​
  4. Business Continuity and Risk Mitigation: Ensuring business continuity by minimizing potential failures has become a priority for organizations, leading to increased investment in robust SCM systems that can anticipate and mitigate risks effectively.​

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Segmentation Analysis

The SCM market is segmented based on components, deployment modes, enterprise sizes, and end-user industries

  • Component: Software and Services.​
  • Deployment Mode: On-Premises and Cloud-Based.​
  • Enterprise Size: Large Enterprises and Small & Medium Enterprises (SMEs).​
  • End-User Industry: Manufacturing, Retail, Healthcare, Automotive, Aerospace, Food & Beverages, and Others.​

This segmentation enables targeted strategies to address the unique requirements and challenges of each sector, facilitating more effective implementation of SCM solutions.​

Country-Level Analysis

  • United States: As a technological leader, the U.S. has witnessed significant adoption of advanced SCM solutions across various industries. The emphasis on enhancing supply chain visibility and efficiency has propelled the market, with companies investing in innovative technologies to streamline operations.​
  • Germany: Germany's strong industrial base, particularly in automotive and manufacturing sectors, has driven the demand for sophisticated SCM systems. The country's focus on Industry 4.0 and digital transformation initiatives further supports the adoption of advanced supply chain solutions.​

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Competitive Landscape

The SCM market features several key players driving innovation and competition:​

  • SAP: In June 2021, SAP introduced the SAP Company Network, integrating Ariba Network, SAP Logistics Business Network, and SAP Asset Intelligence Network to create one of the world's largest business networks. ​
  • Oracle Corporation: Offers a comprehensive suite of SCM solutions, leveraging cloud technology to enhance supply chain visibility and agility.​
  • IBM Corporation: Provides AI-powered SCM solutions that enable organizations to predict and mitigate disruptions, optimize inventory, and improve decision-making processes.​
  • Infor: Delivers industry-specific SCM software designed to address the unique challenges of various sectors, enhancing operational efficiency and collaboration across the supply chain.​

These companies are investing in research and development to enhance the functionality and integration capabilities of their SCM offerings, addressing challenges such as data silos, complex logistics, and the need for real-time insights.

.For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-supply-chain-management-market/93915/

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