Kenneth Research, in its repository of market research reports, have recently added a report on Smart & Mobile supply chain solutions Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart & Mobile supply chain solutions Market products.
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According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.
The Smart & Mobile supply chain solutions Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
The Smart & Mobile supply chain solutions Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.
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Global Smart & Mobile Supply Chain Solutions Industry is further estimated to grow at a CAGR of 10.2% from 2018 to 2025 to reach USD 28 Billion. Integrated software applications offering complete business visibility, inventory optimization, and supply synchronization with demand & manufacturing are smart and mobile supply chain solutions. Smart and mobile supply chain solutions incorporate functions including the supply, procurement, manufacturing, storage, transport and sale of information, materials and financial flows in full. Through enhanced client experience and cost optimization, the solutions aim to achieve a competitive edge. Smart and mobile solutions in the supply chain are important because effective solutions to the supply chain can improve service, reduce costs and boost revenues. The idea for smart and Mobile Supply Chain Solutions came from the pragmatic perspective of deviations from the manufacturing environment such as higher production prices, shorter product life cycles and reduced production base resource requirements.
Increasing industrial automation demand is a key factor which will drive the Industry for smart and mobile supply chain solutions. Furthermore, during the forecast period, the Industry will also benefit from a rapid increase in e-commerce activity. In addition, the Smart & Mobile supply chain solutions Industry is driven by growing storage demand, coupled with the need to cut order backlog and missing vessels. However, a lack of scalability of the infrastructure and system is a major impediment to the Industry.
In 2018, North America contributed most to the smart & mobile Industry of the supply chain. This expansion is largely attributed to the increasing adoption of smart and mobile solutions between small-and medium-sized enterprises and large companies to manage goods and services flow in an efficient way. Europe is a leading global Industry for intelligent and mobile supply chain management solutions, due to increasing awareness of the advantages of intelligent solutions. The smart and mobile supply chain management solutions Industry in Europe is pushed by advancing technology coupled with significant cost reduction. In the European Industry of intelligent and mobile supply chain management solutions, it is estimated that the forecast period will grow by 10.3percent at CAGR. The SOP segment is expected to account for a major portion of the European Industry in smart and mobile supply chain solutions, whereas the MES segments are expected to grow at a remarkable pace of growth in the forecast period. The SOP segment is expected to represent an important part of the smart and mobile supply chain management solutions Industry.
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Industry expansion in APAC will drive the world Industry. In the forecast period, China, Japan and India are expected to play a significant role in the global Industry with revenues from the region. In Asia Pacific, companies are currently implementing smart & mobile solutions for supply chain management. The region is worsening the adoption of devices like GPS and RFID. The Industry for intelligent supply chain solutions leads to improved efficiency and customer satisfaction. RFID is used for example to reduce the supply chain’s surplus inventory and increase the visibility of the product.
Major market players in Smart & Mobile supply chain solutions IBM Corporation, JDA Software Group Inc., SAP SE, Manhattan Associates, Inc., Epicor Software Corp., GT Nexus Inc., Oracle Corporation, Descartes Systems Group, Inc., Kewill Systems Plc., and Other Company Profile is provided as per client requirement.
Smart & Mobile supply chain solutions Industry Segmentation:
Smart & Mobile supply chain solutions Industry Overview, By Solution
Transportation Management Systems (TMS)
Manufacturing Execution Systems (MES)
Supply Chain Planning (SCP)
Warehouse Management Systems (WMS)
Sourcing and Procurement
Smart & Mobile supply chain solutions Industry, By Enterprise Size
Small Enterprises
Medium Enterprises
Large Enterprises
Smart & Mobile supply chain solutions Industry, By Industry
Third Party Logistics (3PL)
Retail & Consumer Goods
IT & Telecom
Commercial
Manufacturing
Energy & Utilities
Healthcare
BFSI
Government
Transportation & Logistics
Others
Smart & Mobile supply chain solutions Industry Overview, by Region
North America
USA
Canada
Europe
Germany
U.K.
France
Italy
Rest of Europe
APAC
China
India
Japan
Rest of Asia-Pacific
RoW
Latin America
Middle East & Africa
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