Transparency Market Research has recently published a new research report that discusses the various trends and dynamics that govern the overall smart and mobile supply chain solutions market. The research report, titled “Smart and Mobile Supply Chain Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” studies the historical data pertaining to this market and uses it to map a trajectory of the market for the near future. According to the research report, the global smart and mobile supply chain solutions market was valued at US$7.09 bn in 2013 and is expected to surge at a CAGR of 13.2% from 2014 to 2020.
Smart and mobile supply solutions are extremely important to the global supply chain market. These solutions allow users to add value to their operations by offering them interconnected, intelligent, and instrumented information about the movement of raw materials, inventory, the status of finished goods from the point of production to the point of consumption, and about other factors that are integral to supply chain processes. This information plays an important role in decision making, which in turns helps managers to analyze the ever-changing dynamics of consumer behavior.
The growing acceptance of an organized supply chain in various businesses is driving the demand for smart and mobile supply chain solutions market. Furthermore, the need to study the changing preferences of consumers to devise intelligence business strategies will also fuel the growth of global smart and mobile supply chain solutions market.
The global smart and mobile supply chain solutions market is segmented on the basis of component, application, and geography. The components in this market are connected software and services. These solutions are applied in sectors such as IT and telecommunication, retail, manufacturing, BFSI, government, energy and utility, logistics and transportation, and others such as hospitality and aerospace. Geographically, this market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Rest of the World.
The retail and manufacturing segment held shares of 18.5% and 18.4%, respectively, in the global smart and mobile supply chain solutions market in 2013. A growth in the demand for integrated supply chain solutions from the retail and logistics sectors will propel the smart and mobile supply chain solutions market in the aforementioned forecast period.
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Some of the top players mentioned in the global smart and mobile supply chain solutions research report are JDA Software Group, Inc., Kewill Systems Plc, Epicor Software Corporation, SAP SE, Manhattan Associates, Inc., GT Nexus Inc., Descartes Systems Group, Inc., Oracle Corporation, Infor Global Solutions, Inc., and IBM Corporation. The research report profiles these players and provides a thorough analysis of the competitive landscape in the global smart and mobile supply chain solutions. Furthermore, the research report also provides an assessment of the research and development strategies, business and marketing strategies, financial overview, and investment outlook of these companies for the near future.