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Asia Pacific Supply Chain Analytics Market Forecast 2027 By Deployment Size (On-premise, Cloud), By Component (Solution [Demand Planning, Procurement Analytics, Inventory Analytics, Manufacturing Analytics, Logistics Analytics], Service [Professional Service, Managed Service]), By Organization Size (Large Enterprises, SMEs), By Application (Retail, Manufacturing, Transportation and Logistics, Healthcare, Government & Defense, Automotive, Energy & Utilities), Research Report, Country Outlook (China, Japan, India, South Korea, Australia, Southeast Asia), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: September 2021 | Publisher: Graphical Research Report ID: GR1951 | Delivery : PDF  Request Free Sample

Asia Pacific Supply Chain Analytics Market size surpassed USD 700 million in 2020 and is anticipated to expand at a CAGR of 15% from 2021 to 2027. The market expansion is attributed to widespread adoption to streamline supply chain management processes by leveraging advanced computing technologies. Due to the present COVID-19 pandemic, supply chain analytics solutions are increasingly gaining popularity across established enterprises. This is enabling companies to formulate business strategies according to real-time requirements.

Asia Pacific Market, By Component

Asia Pacific Supply Chain Analytics Market Share, By Component

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The manufacturing analytics solution segment is projected to record 20% growth through 2027, owing to the increasing adoption of IoT and the need to analyze raw data generated from manufacturing processes using advanced technologies. The solution leverages the combined capabilities of disruptive technologies, such as big data, predictive analytics, and edge computing, to provide actionable insights to support business decisions. These advanced analytics capabilities enable manufacturing enterprises to identify unrecognized factors, restraining workflows and maximizing performance.

The managed service segment will register an exponential growth rate in the Asia Pacific Supply Chain Analytics market during the forecast timeline due to the rapid adoption of cloud computing technology to deploy scalable supply chain analytics solutions. The services help enterprises to eliminate the requirement of deploying additional software components and help in reducing the operational expenditure. As services are provided either as Software-as-a-Service (SaaS) or Platform-as-a-Service (PaaS), they reduce the responsibility to manage & maintain operational efficiency.

Asia Pacific Market, By Organization Size

The demand for supply chain analytics solutions from SMEs is anticipated to grow substantially from 2021 to 2027. The availability of cost-effective and scalable analytics solutions followed by favorable government initiatives is supporting the segment growth. SMEs largely focus on leveraging cost-effective solutions and limited capital expenditure to manage their supply chain operations.

Asia Pacific Market, By Deployment Size

The cloud deployment segment in the Asia Pacific Supply Chain Analytics market is set to experience significant demand till 2027. The transition of enterprises to cloud-based infrastructure is supporting the demand for cloud-native supply chain analytics solutions & services. The cloud service providers offer SaaS subscription fee and avoid large capital expenditure on purchasing & maintaining dedicated hardware appliances and software licenses.

Asia Pacific Market, By Application

The retail sector will observe growth rate of around 15% through 2027. The growing sales across the e-commerce sector and the use of digital technologies are boosting the demand for supply chain analytics solutions & services. The retail industry is witnessing an expansive transformation with advanced technologies such as Artificial Intelligence (AI) and IoT. The emergence of edge computing technologies, extensive penetration of smartphones, and the availability of cloud technologies are supporting industrial transformation.

Asia Pacific Market, By Country

China held more than 25% Asia Pacific Supply Chain Analytics market share in 2020, impelled by increasing number of SMEs across retail and manufacturing industries. Furthermore, supportive government initiatives support their business expansion activities. For instance, in February 2020, the Chinese government launched supportive policies to support the market growth of SMEs with operations and production processes. The launched policies aimed to support finance, social security, subsidies, and taxation.

Competitive Industry Landscape

Key players operating in the Asia Pacific Supply Chain Analytics market include Capgemini, DataFactZ, IBM Corporation, Infor, Logility, Inc., Oracle Corporation, SAS Institute’s Inc., Tableau and TIBCO Software.

The leading companies across the region are focusing on strategic partnerships to expand capabilities. In May 2020, Panasonic Corporation and Blue Yonder partnered for the development of an automated supply chain solution. These companies will integrate Blue’s Luminate platform with an IoT solution that enhances capabilities including supply & demand forecasting and inventory management.
 

Frequently Asked Question(FAQ) :

The market size for supply chain analytics in Asia Pacific was surpassed USD 700 million in 2020 and will grow at a strong CAGR of 15% through 2027 with increasing adoption of advanced computing technologies.
Small and medium enterprises will account for a considerable share of APAC market by 2027 owing to the availability of cost-effective solutions and robust government policies.
APAC supply chain analytics industry share from retailers will observe around 15% CAGR through 2027, largely due to the growth of e-commerce sector and artificial intelligence.
Oracle Corporation, IBM Corporation, TIBCO Software, Capgemini and SAS Institute’s Inc are some of the major providers of supply chain analytics solutions in APAC market.

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