MARKET OUTLOOK
As per Triton Market Research, the supply chain management software market in Europe would progress at a CAGR of 9.66% over the projected period 2019-2028.
Germany, Spain, France, Italy, the United Kingdom, Russia and Rest of Europe comprise the supply chain management software market in Europe.
Germany is well-known for its high manufacturing capabilities and high-quality products across the globe. This is attributable to the high investments in research & development activities and the country’s increased focus on excellence over cost. This focus is also driving advanced positioning in different sectors, including the automotive industry. For instance, German OEMs (orginal equipment manufacturers) produce vehicles that differentiate themselves from other players in the global market, in terms of quality, innovation and performance. Supply chain management software is used in the manufacturing industry to provide better efficiency in the supply chain. Therefore, the growth in the manufacturing sector is likely to aid the growth of the studied market.
In France, the growing demand for real-time information fromvarious applications, like business processes, information systems and product movement information, is leading to increased adoption of supply chain management software in different countries in thecountry. These factors will help the SCM software market grow in France over the projected period.
COMPETITIVE OUTLOOK
Some of the players operating in the supply chain management software market are Kinaxis, Infor, Oracle, Blue Yonder Group (JDA Software) and Manhattan Associates.