Global Next-Generation Supply Chain Market : Industry Analysis and Forecast (2020-2026)

 Global Next-Generation Supply Chain Market is expected to reach US$ XX Bn by 2026 from US$ 32Bn in 2019 at a CAGR of XX% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Next-Generation Supply Chain Definition:

The Next Generation Supply chain is about the application of the Internet of Things, the use of advanced robotics, and the application of advanced analytics of big data in supply chain management. It provides real-time, end-to-end transparency throughout the supply chain. It provides joint information basis for all levels of management and functions in the supply chain.
Global Next-Generation Supply Chain Market Dynamics:

Innovations in businesses, uncertainties together with shorter and tougher business cycles, expanding and demanding consumer base, converging wages and increasing costs; and the evolution of big data. Each of these will have a significant bearing on the way today’s supply chains operate and will drive the next generation supply chain market.

With the adoption of exponential technologies, organizations worldwide are moving away from the traditional and linear supply chain models to connected, intelligent, scalable, customizable, and nimble supply networks. Early adopters and innovative companies are shifting to dynamic and integrated networks that deliver a continuous flow of products, services, information, and analytics for decision making. Traditional organizations are evolving their supply chain functions to meet increasingly volatile consumer preferences while trying to stay ahead of the competition.

Volatility in business or with partners has always remained a challenge. Business risks driven by uncertainties in the value chain, non-economic factors, macro-regulatory environment, and global interconnections have increased in frequency and intensity. This has expanded the boundaries of the global supply chain's search for the right partners and customers, which acts as the driving factor for the growth of the Global Next-Generation Supply Chain Market. New cities will emerge and existing cities will cater to a large population. India will see more than 1,000 new urban centers over the next 20 years and China will see more than 60 percent of retail demand coming from tier 3/4 cities. Increasing demand from across the country will drive supply chain network complexity and challenges inefficient last-mile distribution.

The world is creating and storing data at a rapid pace, much faster than in the past. The data is getting captured and distributed across multiple nodes in real-time. With significant improvements in analytics capabilities, analyzing big data will provide key insights and has the potential to develop innovations that lead to competitive advantages.

The increasing use of online channels is driving the reduction of response times and forcing the supply chain to find new answers for global micro-delivery of multiple small-customer orders, instead of the large-batch movements. Maximizing supply chain flexibility and managing multiple supply chain configurations have become the new imperatives for today’s supply chain executives.

Also, radiofrequency identification (RFID) and other digital technologies lead to new frontiers in supply chain transparency and process automation. These technologies enable multiple supply chain partners along the value chain to seamlessly interact in the joint design, manufacture, delivery, and service of complex customer orders acting as a driver to the growth of the Global Next-Generation Supply Chain Market.
Global Next-Generation Supply Chain Market Segment Analysis:

The report groups the Global Next Generation Supply ChainMarket in different segments like by component, end-user, and regionto forecast the revenues and analyze the market share of each segment over the forecast period.

Global Next-Generation Supply Chain Market1

To Know About The Research Methodology :- Request Free Sample Report

Based on Component, the Global Next-Generation Supply Chain Market is segmented into Software and Services. The Software segment was dominant in 2019 and is expected to command a market share of xx% by 2026. With the increasing number of smart devices being used in the supply chain, the need to handle all the networks can be addressed by the use of Software. It enables a massive amount of data collected from remote and mobile devices analyzed in real-time to drive transportation management optimization and predictive analytics.

Based on type, the Global Next-Generation Supply Chain Market is segmented into Transportation Management systems, Warehouse Management systems, Sourcing & Procurement, Supply Chain Planning, Manufacturing Executionsystems. The Supply chain planning segment was dominant in 2019 and is expected to command a market share of xx% by 2026.The increasing demand for enhancing factory scheduling, production planning evolving agility, digitization of existing processes, and optimization of supply chain decision making are the main factors contributing to the growth of the segment.
Global Next-Generation Supply Chain Market Regional Insights:

Global Next-Generation Supply Chain Market2
GLOBAL NEXT-GENERATION SUPPLY CHAIN MARKETREGIONAL MAP


North America is expected to command the largest market share of xx% by 2026

Adoption of new technology and the need for efficient supply chain functions like logistics, warehousing, production, and transportation have increased the growth of Next Generation Supply Chain Market in the region. Also, the presence of stringent regulations and trade agreements related to the supply chain across the region is another factor driving the growth of the SCM in the region.

In Asia Pacific, with 65% of the goods being moved through the road network, the concentrated manufacturing and dispersed demand points have a significant impact on the supply chains of companies. With the implementation of GST, logistics hubs have emerged and existing ones have been re-oriented. The government of India is planning multi-modal logistics hubs across India on a public – private partnership model which is expected to drive long haul movement across hubs and also reduce transportation cost, which is expected to boost the Global Next-Generation Supply Chain Market.

The objective of the report is to present a comprehensive analysis of the Global Next-Generation Supply Chain Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Next-Generation Supply Chain Marketdynamics, structure by analyzing the market segments and projects Global Next-Generation Supply Chain Marketsize. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Next-Generation Supply Chain Market make the report investor’s guide.
Global Next-Generation Supply Chain Market Scope: Inquire before buying

Global Next-Generation Supply Chain Market3
Global Next-Generation Supply Chain Market Key Players:

• SAP SE
• Oracle Corporation
• JDA Software Group, Inc.
• Infor
• Manhattan Associates
• Epicor Software Corporation
• The Descartes Systems Group Inc.
• HighJump
• Kinaxis Inc.
• IBM Corporation
• Top of Form
• E2open, LLC
• Descartes Systems Group
• WiseTech Global
• Jaggaer
• Kewill Systems
• Dassault Systemes
• Vanguard Software
• Amadeus
• Coupa Software
• Blue yonder
• Verizon connect
• BluJay Solutions
• SPS Commerce Inc.
• Zaragoza Logistics Center (ZLC)
• Melcombe Partners
• Ikanuki
• ThoughtWire
• Via and Voxme Software Inc.
• Vendorful
• Smart Software
• Procure Xperts
• OdooTec

Comments

Post a Comment

Popular posts from this blog

Cobots on the Rise: Collaborative Robots Powered by Artificial Intelligence

Image
  The integration of Artificial Intelligence (AI) in the manufacturing sector has brought about a transformative paradigm shift, revolutionizing traditional processes and ushering in the era of Industry 4.0. Artificial intelligence in manufacturing market has witnessed substantial growth, driven by the increasing demand for efficiency, precision, and automation across diverse manufacturing industries. One of the key drivers propelling the growth of AI in manufacturing is the pursuit of operational excellence. Manufacturers are leveraging AI technologies, including machine learning, computer vision, and robotics, to optimize production processes, enhance productivity, and reduce operational costs. AI-powered predictive analytics, for instance, allows manufacturers to anticipate equipment failures and schedule maintenance proactively, minimizing downtime and maximizing overall equipment effectiveness (OEE). Quality control is another critical area where AI is making significant inro...
Read more

Global Aged Care Market: Industry Analysis & Forecast 2020-2026, By Services, Assistive Devices and Region.

  Global Aged Care Market size was valued at USD 705.29 billion in 2019 and is expected to reach US $ xx billion by 2026, at a CAGR of xx% during a forecast period. Overcoming decades, pressures on the demand-side of the aged care market are expected to accentuate to improve service interfaces within and between aged care and other systems including acute care and disability services. The report covers the current estimated and forecasted data for the Global Aged Care Market on a global and regional level. The report provides an in-depth analysis of the Global Aged Care Market for the period 2019 – 2026, wherein 2019 is the base year and the period from 2020 to 2026 is the forecast period. Data for 2016- 2018 has been included as historical information. The study provides a detailed perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ Bn), across the different geographies, which include North America (NA), Europe (EU), Asia Pacif...
Read more

Ceramic Tiles Market overview Research on Present State & Future Growth Prospects to 2030

  Ceramic Tiles Market Ceramic tiles are covering materials for roofs, walls, and floors and made of sand and other natural products. These tiles are molded to a customized shape by heating it in a kiln. They are durable and used for aesthetic appeal in various environments. The global ceramic tiles market report by Market Research Future (MRFR) provides a comprehensive analysis of various growth engines and hurdles to be faced by the industry for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its implications are explored in detail in the report. Market Scope The global  ceramic tiles market  is slated to expand at an ascending pace during the forecast period. Increasing investments in infrastructural projects and utilization of ceramic tiles due to their durability can fare well for the market. This is facilitated by rapid urbanization and industrialization. Sustainability initiatives and aim for lowering carbon emissions can drive the demand fo...
Read more