Key Players of Smart and Mobile Supply Chain Solutions Market are SAP SE, Oracle Corporation, JDA Software Group Inc, Manhattan Associates Inc, Epicor Software Corporation, IBM Corporation, Infor Global Solutions Inc, GT Nexus Inc, Kewill Systems Plc , Descartes Systems Group Inc, Blue Yonder Group Inc, Vanguard, Salesforce, E2open LLC, Dassault System.
New York, Nov. 29, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Smart And Mobile Supply Chain Solutions Global Market Report 2022: Ukraine-Russia War Impact” – https://www.reportlinker. com/p06368545/?utm_source=GNW
The global smart and mobile supply chain solutions market is expected to grow from $17.83 billion in 2021 to $20.15 billion in 2022 at a compound annual growth rate (CAGR) of 12.98%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The smart and mobile supply chain solutions market is expected to reach $31.73 billion in 2026 at a compound annual growth rate (CAGR) of 12.02%
The smart and mobile supply chain solutions market includes sales of smart and mobile supply chain solutions by entities (manufacturers, independent traders and partnerships) that are used to generate information flows and decision making. decision between various partners in the supply chain. to the use of mobile applications and devices to improve supply chain activities and thereby help companies save money, improve supply chain responsiveness and acquire a competitive advantage.
Smart and mobile supply chain solutions refer to an intelligent supply chain management system that is self-organizing and self-improving and is used in the development of systems that enable full visibility of business, synchronizing supply and optimizing inventory in response to demand and manufacturing.
Leading smart and mobile supply chain management solutions include transportation management systems (TMS), warehouse management systems (WMS), procurement and procurement, supply chain planning (SCP) and Manufacturing Execution Systems (MES). Transportation management systems are technology-based logistics. platforms that help companies organize, achieve and optimize the effective movement of products.
Enterprise sizes for smart and mobile supply chain management solutions include small and medium enterprises and large enterprises. Different end users of smart and mobile supply chain management solutions include retail and consumer goods, IT and telecommunications, manufacturing, BFSI, government, energy and services public, health, transport and logistics and other end users.
North America was the largest region in the smart and mobile supply chain solutions market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in the Smart and Mobile Supply Chain Management Solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
The increasing adoption of 5G networks is expected to drive the market for smart and mobile supply chain solutions. 5G is the 5th generation mobile network for increased speed and responsiveness of wireless networks. With increased 5G network speed, reduced bandwidth and latency, supply chain connectivity is better, and stakeholders benefit from a faster and better connected experience throughout the supply chain. . According to a 2022 study conducted by Verizon, a US-based telecommunications company, and Incisiv, a US-based consumer industry analytics firm, overall 5G adoption is around 13% , which is expected to triple by 2024. Hence, increasing adoption of 5G networks is driving the market for smart and mobile supply chain solutions.
Advancement in technology is the key trend that is gaining popularity in the smart and mobile supply chain solutions market. Market companies are focusing on integrating different technologies such as blockchain into smart and mobile supply chain solutions to increase transparency and improve efficiency.
For example, in 2019, International Business Machines (IBM), a US-based technology company, launched a new integrated supply chain suite integrated with Watson AI and IBM Blockchain. The platform connects to each supply chain’s unique vendor ecosystem, providing an open platform with hybrid cloud support that enables organizations to integrate their data and networks.
Offerings are open to developers to help organizations make their supply chains more efficient and improve decision making.
In April 2022, MHS Global, an American material handling automation technology company, merged with Fortna, an American warehouse and distribution software and solutions provider, to form a multinational company that will provide parcel services , warehouse, distribution and life cycle. In addition to each company’s significant industry ties, the combination of MHS automation technology and Fortna’s operational optimization software meets the demand for end-to-end logistics solutions.
Customers will benefit from the breadth and depth of both companies’ offerings, which include industry-leading capabilities in parcel, cross-docking, transportation and sortation solutions, as well as orchestration and workflow optimization software. state-of-the-art and unique operational designs that leverage advanced automation to increase efficiency and reduce costs.
The countries covered in the Smart and Mobile Supply Chain Management Solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan , Russia, South Korea, the United Kingdom and the United States.
The Smart and Mobile Supply Chain Management Solutions Market research report is part of a series of new reports that provide statistics on the Smart and Mobile Supply Chain Management Solutions market , including Global Mobile Smart Supply Chain Management Solutions Industry Market Size, Regional Shares, Competitors with Mobile Smart Supply Chain Management Solutions Market Share , detailed Smart and Mobile Supply Chain Management Solutions market segments, market trends and opportunities, and any other data you may need to thrive in the Supply Chain Management Solutions industry smart and mobile. This Smart and Mobile Supply Chain Management Solutions Market research report offers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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