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Cloud Supply Chain Management (SCM) Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
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Cloud Supply Chain Management – Global Industry Analysis Report, Share, Growth, Trends and Forecast, 2024 Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Cloud SCM Market : • U.S. cloud SCM market share is forecast to continue leading the industry. Advancements in technology and infrastructure and shifting of workload to the cloud environment will fuel the APAC industry. • Large enterprises may face complexities when migrating to cloud-based supply chain management. The adoption of cloud SCM market may cause businesses to experience forced upgrades and barriers in the smooth flow of information. Lack of technical expertise may prove to be a major challenge to enterprises regardless of their size. Security concerns relating to data security and collection of personal information will continue to pose a threat to cloud SCM market.
Application Analysis of Cloud SCM Market: • Cloud SCM market can be segmented based on the various sectors or verticals finding applications in the fields of food and beverage, healthcare and life science, manufacturing, retail, and transportation and logistics. • By organization size the cloud SCM market can be sub-classified into small and medium sized enterprises (SMEs) and large-scale enterprises based on the size of the expanse and range of control of the organization. • The segmentation of the cloud SCM market has been done on the basis of deployment models, solutions, organization sizes, sectors, and regions. Segmentation is done based on deployment models by further classifying it into private, public, hybrid, and community. Private clouds may be owned, managed, and operated by the organization, a third party, or some combination of them and it may exist on or off premise.
Competitive Market Share of Cloud SCM Market: • There is a limit on the customization and flexibility of enterprises’ IT architecture that currently exists, which if managed to overcome will streamline the growth of cloud SCM market. By adopting strategies, such as the development of new products, partnerships, collaborations, mergers, and acquisitions, key players in the cloud SCM market, Oracle Corporation, SAP SE, Kinaxis, Inc., HighJump, CloudLogix, Manhattan Associates, and TECSYS are able to cater to this market. • Various sectors and industries are adopting cloud-based SCM; for instance, in transportation management. Key factors, such as the necessity for greater visibility, better resource consumption, and lower ownership costs, also fuel the need for cloud SCM market.
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